Global supply chain management market is expected to experience growth due to upcoming expansion of e-commerce and, rising demand for data analytics and data driven revolution, etc. will boost the overall market of supply chain management market.
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Global supply chain management market is projected to witness a CAGR of 7.93% during the forecast period 2025-2032, growing from USD 35.32 billion in 2024 to USD 65.04 billion in 2032. The supply chain management market is growing due to the integration of advanced technologies, evolving consumer demands, and increasing globalization.Businesses are applying innovations such as artificial intelligence, IoT, blockchain and cloud-based services to enhance supply chain efficiency, agility and transparency. For example, AI-driven analytics has improved accuracy in demand forecast, and goods tracking in real-time enabled through IoT, which helps in reducing delays and inefficiencies associated with operations.
Moreover, the expansion of e-commerce is expected to reach USD 6.8 trillion in global sales by 2028, which will also significantly contribute to the growth of the supply chain management market, which necessitates SCM solutions to meet the complexities of inventory management and last-mile delivery. Additionally, the COVID-19 pandemic stated the need for a resilient and adaptable supply chain that encourages companies to diversify sourcing strategies and investment in digital tools.
Furthermore, increasing global trade and government investments in supply chain infrastructure are further fueling demand for the supply chain management market. For example, initiatives such as the U.S. infrastructure bill and India's National Logistics Policy are enhancing supply chain capabilities across regions.
For instance, in December 2024, U.S. Steel implemented an AI-driven platform named GEP to enhance its procurement processes. The GEP software analyzes spending and forecasting which helps in optimizing the sources and exemplifies AI which can improve efficiency and decision-making in supply chain operations.
The growth in global e-commerce is driving the expansion of the supply chain management market. With e-commerce sales projected to reach USD 6.8 trillion by 2028, businesses face increasing pressure to manage complex supply chains efficiently. The rapid rise in online retail platforms, along with changing consumer expectations toward fast and reliable deliveries, is mandating the incorporation of advanced SCM solutions.
E-commerce operation requires robust supply chains to handle inventory management, order processing and last-mile delivery. Companies such as Amazon and Alibaba have set targeted speed and accuracy which encourages other players to invest in SCM technologies. For example, predictive analytics and AI-powered tools are widely implemented to forecast demand and optimize inventory, reducing costs and stockouts.
Moreover, cross-border e-commerce is also growing, with international transactions accounting for nearly 22.8% of the total in 2024. This growth creates complexities in customer compliance, current fluctuations, and regional logistics, which advanced SCM platforms are designed to manage.
As the e-commerce sector continues to expand, the reliance on cutting-edge SCM systems streamlines operations and enhances customer satisfaction. It diversifies the market's revenue streams and assures consistent demand, considerably contributing to its growth.
For instance, in January 2025, Alibaba Group sold its majority stake in Sun Art, a Chinese retail operator to concentrate on its primary e-commerce operations. This decision shows the company’s commitment to enhancing its SCM systems to support its expansive online retail activities. By streamlining its focus, Alibaba aims to improve efficiency and better manage the complexity of global e-commerce logistics.
Rising Demand for Data Analytics and Data-Driven Revolution Fuels Market Growth
The incorporation of analytics and data-driven decisions is fueling the expansion of the supply chain management market globally. Businesses deal with complex issues of supply chains, such as increasing demand volatility, increasing costs, and logistics inefficiencies. To overcome the challenges, advanced analytics tools help companies gain insights to optimize processes and make smart decisions.
Predictive analytics has become a crucial part of modern SCM, which helps in enabling accurate demand forecasting and inventory management. For example, companies who are leveraging data analytics can reduce forecasting errors by 50% which results in lower inventory holding costs and fewer stockouts. Similarly, real-time data integration through Internet of Things (IoT) devices enhance supply chain visibility which further helps businesses to monitor shipments, track delays and mitigate risks effectively.
Moreover, big data analytics is empowering businesses to identify patterns, improve supplier relationships, and streamline logistics. For example, data-driven route optimization can reduce transportation costs by up to 15%, which contributes to overall supply chain efficiency.
Cloud-based SCM platforms are further enabling companies to integrate and analyze vast amounts of data seamlessly to promote collaboration across global supply chains. As sustainability becomes a priority, analytics also help track carbon emissions and compliance with environmental regulations, which perfectly aligns with corporate social responsibility goals.
For example, the fashion industry increasingly utilizes artificial intelligence (AI) to enhance supply chain visibility and efficiency. AI-driven demand forecasting and optimization tools are being implemented to reduce costs, improve delivery times, and adapt to changing consumer demands.
The Dominance of Transportation Management Systems in the Market
Transportation Management Systems (TMS) have cemented their dominance with strong market statistics. They are leveraged because of their importance in optimizing logistics and addressing issues specific to modern supply chains. Their application in transportation processes leads to reduced costs and higher operational efficiencies, making them indispensable for businesses across industries.
The rapid expansion of e-commerce has amplified the demand for transportation management systems. Consumers want deliveries to be faster and more reliable, so companies are relying on TMS to optimize last-mile delivery routes, consolidate shipments, and select the most cost-effective carriers. These capabilities enhance customer satisfaction while reducing transportation expenses.
TMS solutions also offer real-time visibility into shipments by integrating with IoT devices, GPS and tracking systems. This transparency enables businesses to monitor freight movements, predict delays and quickly respond to disruptions and ensures seamless logistics operation.
Moreover, the integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) has further accelerated the value of TMS.
For instance, in November 2023, Acertus, a leading automotive logistics platform introduced a new TMS design to provide real-time GPS tracking, advanced digital inspection data, automated reporting and custom data visualization. This system uses machine learning to enhance visibility and efficiency in vehicle shipping.
North America is exerting dominance in the supply chain management market. Its technological innovation, advanced logistics infrastructure and strong e-commerce ecosystem help in North America's dominance. The United States emerged as the hub for adopting solutions powered by cutting-edge technologies such as Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) and blockchain. These technologies enable businesses to enhance visibility, optimize operations and improve decision-making throughout the supply chain.
Companies such as Amazon, Walmart, and Shopify are leading e-commerce growth, which has hugely increased the requirement for efficient solutions in supply chain management. Demand for same-day or next-day delivery has brought about the growth of businesses' investment in advanced transport management systems, warehouse management systems and predictive analytic tools to further streamline logistics within tight delivery goals.
Moreover, North America also benefits from a well-developed logistics network which includes extensive roadways, railways ports and air freight systems which help facilitate efficient supply chain operations. This infrastructure supports the adoption of technologies that enhance operational efficiency.
Furthermore, the region’s focus on sustainability has encouraged companies to integrate eco-friendly practices and technologies such as carbon footprint tracking and green logistics into their supply chain operations. The high adoption of cloud-based SCM solutions in North America further strengthens its dominance, which enables businesses to scale their operations, enhances collaboration, and improves overall supply chain resilience.
For instance, in December 2024, Reckitt Benckiser Group Plc announced a USD 200 million investment in a new factory in Wilson, North Carolina to enhance its U.S. manufacturing capabilities. This strategic move aims to improve responsiveness to fluctuating demand for over-the-counter drugs, particularly considering the unpredictable nature of consumer demand since the COVID-19 pandemic. This initiative shows a broader trend for companies to localize production and enhance supply chain efficiency.
Future Market Scenario (2025 – 2032F)
Report Scope
“Supply Chain Management Market Assessment, Opportunities and Forecast, 2018-2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global supply chain management market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2025 and 2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
Report Attribute |
Details |
Base Year of the Analysis |
2024 |
Historical Period |
2018-2023 |
Forecast Period |
2025-2032 |
Projected Growth Rate |
CAGR of 7.93% between 2025 and 2032 |
Revenue Forecast in 2032 |
USD 65.04 billion |
Segments Covered |
Solution Type, Deployment Mode, Industry Vertical, Enterprise Size |
Regions Covered |
North America, Europe, South America, Asia-Pacific, Middle East and Africa |
Key Companies Profile |
SAP SE, Oracle Corporation, International Business Machines Corporation (IBM), Kinaxis Inc., Manhattan Associates, Inc., Infor Inc., Blue Yonder Group, Inc., The Descartes Systems Group Inc., E2open Parent Holdings, Inc., Microsoft Corporation |
Customization Scope |
15% free report customization with purchase |
Pricing and Purchase Options |
Avail the customized purchase options to fulfill your precise research needs |
Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In the report, the global supply chain management market has been segmented into the following categories:
Key Players Landscape and Outlook
Continuous innovation characterizes the landscape of the supply chain management market globally, as the companies compete to outperform one another in terms of technological advancements, and in process improvements. The market prognosis remains positive, owing to upcoming e-commerce growth, and rising demand for data analytics and data-driven revolution. Supply chain management companies are focused on digitalization, sustainability, and diversification, which will likely define the industry's future. Collaborations and developing technologies are projected to increase competition in this fast-paced market.
For instance, in April 2024, Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it had acquired Aerospace Software Developments (ASD), a leading provider of customs and regulatory compliance solutions.
Key Players Operating in the Global Supply Chain Management Market are:
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