target audience: TECH SUPPLIER Publication date: Dec 2022 - Document type: Market Share - Doc Document number: # US49846822
Worldwide Supply Chain Management Applications Market Shares, 2021: Growth Resumed
This IDC study provides the worldwide market shares for supply chain management applications. This market grew nicely in 2021, paced by accelerating investment in public cloud deployments. Growth in the supply chain management applications market continues to be driven by the historical need for omni-channel "buy anywhere, fulfill anywhere" processes, but it is also being driven by the need for digital competencies to allow the supply chain to pivot to new business models and seize on new opportunities.
"The importance of the supply chain in an inherently disruptive world is critical for businesses to meet their performance targets. Without the use of modern supply chain management tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. SCM investments are both a competitive necessity and key to driving a differentiating edge over peers," says Simon Ellis, program VP, IDC's U.S. Manufacturing Insights and Global Supply Chain Strategies practices.