The UK supply chain analytics market is poised for significant expansion, with industry experts predicting a value of £26.5 billion by 2030. This represents a compound annual growth rate (CAGR) of 22% over the forecast period of 2024-2030, highlighting the increasing reliance on data-driven decision-making within the sector.
This growth trajectory is fuelled by a confluence of factors, including the adoption of blockchain technology and the rise of smart contracts, both of which are streamlining operations and enhancing transparency. Blockchain offers a decentralised and immutable record of transactions, improving security and traceability, particularly within food supply chains. Smart contracts, meanwhile, automate contract execution and compliance, reducing reliance on intermediaries and optimising processes like order fulfilment and customs clearance.
Furthermore, the demand for supply chain analytics solutions is being driven by a growing need for efficiency and profitability across various industries. North America currently leads the global market, and this trend is likely to continue, with the UK closely following suit. Factors contributing to this growth include improved infrastructure, the swift integration of new services, and the presence of key industry players.
The report, titled "Supply Chain Analytics Market: Global Analysis and Forecast for the Period 2024-2030," by Stellar Market Research, provides an in-depth analysis of the market dynamics. It explores the different components of supply chain analytics, including:
Service Type: Consulting, installation and integration, managed services, support and maintenance.
Component Type: Software, Services.
Solution: Manufacturing Analytics, Sales and Operations Planning (S&OP), Supply Chain Planning and Procurement, Transportation and Logistics Analytics, Visualisation and Reporting Tools.
Enterprise Size: Large Enterprises, Small and Medium-Sized Enterprises (SMEs).
Deployment Mode: Cloud-based, Hybrid, On-Premises.
Industry Type: Automotive, Consumer Goods, Energy and Utilities, Government, Healthcare, Manufacturing, Retail, Transportation and Logistics.
The report also highlights the key players currently operating in the UK supply chain analytics market, including:
Oracle (U.S.)
IBM (U.S.)
SAS Institute Inc. (U.S.)
Software AG (Germany)
Micro Strategy Incorporated (U.S.)
TABLEU SOFTWARE, LLC (U.S.)
TIBCO Software Inc. (U.S.)
Cloudera, Inc. (U.S.)
American Software, Inc. (U.S.)
Aera Technology (U.S.)
Birst, Inc. (U.S.)
Capgemini (France)
Genpact (U.S.)
JDA Software Inc. (U.S.)
Kinaxis (Canada)
The report concludes by providing a comprehensive overview of the key offerings, including:
Historical market size and competitive landscape.
Market size, share, and forecast by various segments.
Market dynamics, including growth drivers, restraints, opportunities, and key trends by region.
A detailed analysis of the supply chain analytics market by product.
Competitive landscape analysis, profiling key players from a strategic perspective.
Competitive benchmarking of key players by region.
PESTLE Analysis.
PORTER's analysis.
Value chain and supply chain analysis.
Legal aspects of the business by region.
Lucrative business opportunities with SWOT analysis.
Recommendations.
In conclusion, the UK supply chain analytics market is set for rapid growth driven by technological advancements, increasing demand for efficiency, and the emergence of new industry players. This market is expected to continue its upward trajectory, shaping the future of the UK's supply chain landscape and driving greater competitiveness across industries.