India Supply Chain Management (SCM) Software Market Introduction
The proliferation of consumer segments and emergence of new channels has changed the thinking and expectations of C-level executives about their supply chains. Further, enterprises are inclined towards customizing their activities across the supply chain to deal with the different consumer segments. Further, rise in population, economic growth, and urbanizations are anticipated to lead several cities in India to become mega demand centers. This, in turn, will raise the need among enterprises to develop a different supply chain model to serve consumers in these cities. Moreover, changing regulatory environment in the country, increasing globalization and foreign trade is anticipated to increase the adoption of advanced supply chain management solutions to meet regulatory compliances and derive fact-based business decisions.
In near future, India is projected to witnessed massive economic growth, catapulting the country into third place among the world’s economies. This growth is anticipated to be rooted by the increase of middle-income households. Further, increasing urbanization is raised consumerization and demand for new product, services, and retail formats in the country. Thus, tremendous economic growth and shifting demographics are anticipated to ask more from its supply chain. This, in turn, is projected to boost the need for improved supply chain infrastructure and its management solutions among enterprises operating across various verticals. However, lack of awareness and skilled workforce is anticipated to hinder the market growth to some extent over the forecast period.
Major segments analyzed in the market are type, deployment model, organization size, and vertical. Based on type, the market includes software and services segments. The software segment further includes supply chain planning (SCP), transportation management systems (TMS), sourcing and procurement, warehouse management systems (WMS), and manufacturing execution systems (MES) and other sub-segments. Deployment model includes on-premise and cloud segments. Based on organization size, the India SCM market is bifurcated into large enterprises and small-medium enterprises. Verticals include healthcare sector, public sector, retail sector, media & entertainment sector, manufacturing sector, energy & utility sector, and others.
India Supply Chain Management Software Market Competitive Landscape
Key players analyzed in the India supply chain management software market are JDA, Manhattan Associates, IBM Corporation, SAP SE, Epicor, FleetMatics, Infor Global Solutions, Oracle Corporation, SPS Commerce, Inc., and Descartes.
This research report on India supply chain management software market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.