Supply Chain as a Service Scaas Market By Type (Solutions, Services), Application (Order Management, Warehouse Management) Deployment (On Premise, Cloud-Based) End-User (Retailers, Manufacturers, Third-Party Logistics Providers) & Region for 2024-2031 & Region for 2024-2031
Report ID: 110621|No. of Pages: 202
Supply Chain as a Service Scaas Market By Type (Solutions, Services), Application (Order Management, Warehouse Management) Deployment (On Premise, Cloud-Based) End-User (Retailers, Manufacturers, Third-Party Logistics Providers) & Region for 2024-2031 & Region for 2024-2031
Supply Chain as a Service (SCaaS) Market Valuation – 2024-2031
The increasing complexity of global supply chains, as well as the requirement for real-time visibility and analytics, are driving greater demand for these services. Increasing operational efficiency and flexibility to respond quickly to market developments, which SCaaS solutions may give through scalable and agile cloud-based platforms is surpassing USD 8.82 Million in 2024 and reaching USD 17.13 Million by 2031.
Furthermore, advances in technologies such as artificial intelligence, machine learning, and the Internet of Things (IoT) improve the capabilities of SCaaS, making it more appealing to businesses trying to optimize their supply chain operations is expected to grow at a CAGR of about 8.65% from 2024 to 2031.
Supply Chain as a Service (SCaaS) Market: Definition/ Overview
Supply Chain as a Service (SCaaS) is the outsourcing of supply chain management responsibilities to third-party companies who deliver end-to-end services via cloud-based platforms. Logistics management, inventory optimization, demand forecasting, and data analytics are some of the applications that help firms improve efficiency, save costs, and increase flexibility. The future of SCaaS seems optimistic, with development expected to be driven by technological advancements such as artificial intelligence and blockchain, which will expedite operations and provide real-time visibility.
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Will Increasing Demand for Cost Effective Solutions Drive the Supply Chain as a Service (SCaaS) Market?
The growing demand for cost-effective solutions is propelling considerable growth in the Supply Chain as a Service (SCaaS) industry. As businesses seek to streamline their operations and cut costs, SCaaS provides a compelling value proposition by enabling flexible, scalable, and efficient supply chain management without requiring significant upfront investments. In April 2024, Verified Market Research predicted that the global SCaaS market will reach USD 17.13 Million by 2031, increasing at an 8.65% CAGR from 2023 to 2031. This growth is mostly due to the increasing acceptance of cloud-based technology and the requirement for real-time visibility throughout supply chains.
In July 2024, the European Commission published a report outlining the significance of digital technologies, especially SCaaS, in promoting economic efficiency and lowering corporate operational expenses. The paper emphasizes SCaaS’s potential to provide cost-effective and efficient solutions that correspond with the larger aims of economic sustainability and competitiveness.
Will Rising Data Security and Privacy Concerns Poses the Growth of the Supply Chain as a Service (SCaaS) Market?
Rising data security and privacy issues may constitute a substantial barrier to the expansion of the Supply Chain as a Service (SCaaS) sector. As SCaaS providers manage sensitive and large amounts of data linked to inventories, transactions, and logistics, the potential of data breaches and cyberattacks grows. Companies may be cautious to embrace SCaaS solutions if they see possible data security flaws, thinking that breaches may jeopardize their operations, result in financial losses, and harm their brands. These concerns may result in heightened scrutiny of SCaaS providers’ security practices, deterring organizations from fully embracing these services and so limiting market expansion.
Furthermore, governmental demands on data protection are increasing worldwide, with strict rules being established to protect customer information. To comply with these rules, SCaaS providers must establish sophisticated security measures and conduct thorough audits, which might increase operational costs. Companies may have issues in ensuring that their SCaaS suppliers follow these shifting regulations, affecting their decision to use such services. As a result, while data security and privacy concerns may initially impede SCaaS market growth, addressing these issues through improved security protocols and compliance can eventually affect the market’s trajectory.
Category-Wise Acumens
Will Rising Adoption of Solutions Propel the Supply Chain as a Service (SCaaS) Market?
Rising retail sales will drive significant development in the Supply Chain as a Service (SCaaS) market, as retailers seek innovative solutions to efficiently manage their large and complex supply chains. For instance, in August 2024, Walmart announced a significant investment in SCaaS technologies to improve supply chain resilience and responsiveness in the face of variable consumer demand. Similarly, in June 2024, the United States Department of Commerce issued a study underlining the need of supply chain innovation for economic stability and competitive advantage, further urging merchants to use SCaaS systems. Retailers aim to optimize their operations To deal with rising sales volumes and supply chain complexities, their increased investment in SCaaS will move the industry forward, reflecting a broader trend toward digital transformation in supply chain management.
However, the Services area, which includes consulting, implementation, and support services, is expanding the fastest. This rapid expansion is being driven by rising demand for end-to-end supply chain management solutions, as well as a need for specialized expertise in integrating and optimizing SCaaS offerings. As more firms use SCaaS to streamline their operations and improve supply chain visibility, the demand for comprehensive support and consulting services grows, making it the market’s fastest-growing sector.
Will Rising Sales through Retailers Drive the Growth of Supply Chain as a Service (SCaaS) Market?
Rising sales through retailers are expected to create significant growth in the Supply Chain as a Service (SCaaS) market. Retailers are increasingly using SCaaS solutions to manage the intricacies of their supply chains, particularly as e-commerce grows and consumer expectations shift toward faster delivery and higher service levels.
In June 2024, the US Department of Commerce issued a report emphasizing the importance of digital supply chain solutions in increasing economic competitiveness and resilience. The report stressed the importance of technical developments to support the rapid expansion of retail sales and the changing supply chain landscape. This government emphasis on supply chain innovation coincides with the growing use of SCaaS by merchants looking to utilize modern technology for greater efficiency and scalability.
However, the Third-Party Logistics (3PL) Providers segment is enjoying the most rapid expansion. This rapid increase is due to the growing reliance on 3PL providers for full logistics solutions such as warehousing, transportation, and distribution. As more organizations look to outsource their logistics operations to boost efficiency and cut costs, demand for SCaaS among 3PL providers is skyrocketing, making this segment the fastest-growing in the market.
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Country/Region-wise
Will Advanced Technological Infrastructure in North America Drive the Supply Chain as a Service (SCaaS) Market?
North America’s excellent technical infrastructure is a key driver of the supply chain as a service (SCaaS) business. The region’s powerful digital economy, high-speed internet connectivity, and extensive use of cloud computing provide an ideal setting for SCaaS solutions to thrive and evolve. In June 2024, a comprehensive Gartner study found that North America accounted for 42% of the global SCaaS market share, with an 8.3% CAGR from 2024 to 2029. The report attributed this rise to the region’s excellent 5G networks and IoT infrastructure, which enable real-time data processing and analytics that are critical for SCaaS operations.
In July 2024, the US Department of Commerce launched a new project to improve digital infrastructure and encourage the use of sophisticated technology in a variety of industries, including supply chain management. This program intends to accelerate the growth of SCaaS by providing organizations with the tools and resources they need to adopt cutting-edge solutions. The emphasis on technology innovation and digital infrastructure offers a favorable atmosphere for SCaaS growth, allowing businesses to embrace these services more quickly and reap the benefits of enhanced technological capabilities.
Will Increasing E-Commerce Activities in Asia-Pacific Propel the Supply Chain as a Service (SCaaS) Market?
The rapid expansion of e-commerce operations in the Asia-Pacific area is propelling the Supply Chain as a Service (SCaaS) market to new highs. As online retail grows, more firms are turning to SCaaS solutions to handle complicated logistics and meet rising consumer expectations for fast, efficient delivery. In March 2024, According to a McKinsey analysis released, e-commerce sales in Asia-Pacific are expected to reach USD 3.5 Trillion by 2026, expanding at an 18.5% CAGR between 2023 and 2026.
Similarly, in July 2024, the Chinese government announced new rules to stimulate the adoption of SCaaS solutions in the logistics and e-commerce sectors, emphasizing the importance of technology in driving economic growth and operational efficiency. These government initiatives foster SCaaS adoption, increasing market growth as firms look to use sophisticated solutions to profit on the region’s thriving e-commerce market.
Competitive Landscape
The competitive landscape of the Supply Chain as a Service (SCaaS) market is characterized by rapid evolution and innovation, driven by technological advancements and shifting market demands. Beyond the key players, numerous niche and specialized providers are emerging, focusing on specific aspects of supply chain management such as logistics, inventory optimization, and data analytics. These companies leverage cutting-edge technologies like artificial intelligence, blockchain, and Internet of Things (IoT) to offer tailored, scalable solutions. The market is also influenced by increasing adoption of cloud-based platforms, which enables flexibility and cost-efficiency. Additionally, partnerships and collaborations between service providers and technology firms are becoming more common, enhancing the capabilities and reach of SCaaS solutions across various industries.
Some of the prominent players operating in the supply chain as a service (SCaaS) market include:
- Accenture
- CEVA Logistics
- DHL International GmbH
- FedEx Corporation
- GEODIS
- TATA Consultancy Services Limited
- United Parcel Service
- XPO Logistics, Inc.
- Zensar Technologies Ltd.
Latest Developments
- In August 2024, DHL announced a collaboration with key SCaaS providers to build cloud-based solutions that will streamline its worldwide logistics and warehousing operations. This alliance aims to increase supply chain transparency and customer service for its clients.
- In August 2024, Target has formed a new agreement with SCaaS suppliers to enhance its supply chain systems through predictive analytics and AI-powered optimization. The purpose is to reduce stockouts and enhance inventory management, especially in reaction to shifting consumer demand.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Growth Rate | CAGR of ~8.65% from 2024 to 2031 |
| Base Year for Valuation | 2024 |
| Historical Period | 2021-2023 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Million |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Players | Accenture, CEVA Logistics, DHL International GmbH, FedEx Corporation, GEODIS, Kuehne+Nagel, TATA Consultancy Services Limited, United Parcel Service, XPO Logistics, Inc, Zensar Technologies Ltd. |
| Customization | Report customization along with purchase available upon request |
Supply Chain as a Service (SCaaS) Market, By Category
Type:
- Solutions
- Services
Application:
- Order Management
- Warehouse Management
Deployment:
- On Premise
- Cloud-Based
End-User:
- Retailers
- Manufacturers
- Third-Party
- Logistics Providers
Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
1 INTRODUCTION OF GLOBAL SUPPLY CHAIN AS A SERVICE MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL SUPPLY CHAIN AS A SERVICE MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL SUPPLY CHAIN AS A SERVICE MARKET, BY PRODUCT
5.1 Overview
5.2 Solutions
5.3 Services
6 GLOBAL SUPPLY CHAIN AS A SERVICE MARKET, BY APPLICATION
6.1 Overview
6.2 Order management
6.3 Warehouse management
6.4 Logistics management
6.5 Others
7 GLOBAL SUPPLY CHAIN AS A SERVICE MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East and Africa
8 GLOBAL SUPPLY CHAIN AS A SERVICE MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Accenture
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Ceva Logistics
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Dhl International Gmbh
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 FedEx Corporation
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Geodis
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Kuehne+Nagel
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Development
9.7 Tata Consultancy Services Limited
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 United Parcel Service
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 XPO Logistics, Inc.
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Development
9.10 Zensar Technologies Ltd.
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Development
10 Appendix
10.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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