Supply Chain Management Market Growth: SAP, Oracle, Infor, and Others to Reach $58.42 Billion by 2030

The global Supply Chain Management Market is projected to reach $58.42 billion by 2030, growing at a CAGR of 8.7% during the forecast period. The market is driven by demand for greater visibility and transparency in supply chain data and processes, growth of e-commerce and omnichannel retail, and advances in technologies transforming the supply chain industry. Top companies in the market include SAP, Oracle, Infor, Descartes, and Manhattan Associates.

The global Supply Chain Management (SCM) market is poised for significant growth, with projections indicating a Compound Annual Growth Rate (CAGR) of 8.7% from 2025 to 2030, reaching $58.42 billion [1]. This robust growth is driven by several key factors, including the increasing demand for greater visibility and transparency in supply chain data and processes, the growth of e-commerce and omnichannel retail, and advancements in technologies that are transforming the industry.

One of the primary drivers of this growth is the need for enhanced visibility and transparency. Companies are investing in SCM solutions that provide real-time tracking, predictive analytics, and automated decision-making capabilities. These technologies, such as Artificial Intelligence (AI), Internet of Things (IoT), blockchain, and machine learning, are enabling organizations to improve the accuracy and responsiveness of their supply chains [1].

The growth of e-commerce and omnichannel retail is also a significant contributor to the market's expansion. As consumers increasingly shop online, businesses need robust SCM solutions to manage complex and dynamic supply chains. The demand for efficient inventory management, real-time order processing, and seamless delivery is driving the adoption of advanced SCM technologies [1].

Technological advancements are playing a crucial role in transforming the SCM landscape. The integration of cloud-based platforms is rapidly gaining traction due to their scalability, cost-effectiveness, and ability to provide seamless updates and integrations. Additionally, the adoption of Software-as-a-Service (SaaS) models is making SCM solutions more accessible and affordable for businesses of all sizes [1].

The market is also witnessing a growing need for solutions that offer risk management, contingency planning, and agility to respond quickly to unforeseen events. Post-pandemic disruptions have highlighted the importance of resilient supply chains, leading companies to prioritize solutions that can ensure business continuity even in disruptive conditions [1].

Major vendors in the global SCM market include SAP, Oracle, Infor, Descartes, and Manhattan Associates. These companies offer a range of SCM solutions, from demand and supply forecasting to warehouse operations and logistics optimization. Their offerings leverage advanced technologies to provide real-time visibility, automated decision-making, and scenario planning across the supply network [1].

SAP, for example, provides a comprehensive suite of SCM solutions under its Digital Supply Chain portfolio, which includes SAP Integrated Business Planning (IBP), SAP Extended Warehouse Management (EWM), and SAP Transportation Management (TM). These solutions are designed to support agile, data-driven, and resilient supply chains, helping businesses improve efficiency and manage disruptions [1].

Infor, another leading vendor, offers an end-to-end set of SCM solutions via its Infor Supply Chain Management platform. This platform includes Infor Nexus for collaboration, Infor Supply Planning for inventory optimization, Infor Warehouse Management for automation, and Infor Transportation Management for freight and shipment performance management [1].

In conclusion, the global SCM market is experiencing significant growth driven by the increasing complexity of supply chains, the rising demand for efficient operations, and the adoption of advanced technologies. As businesses continue to prioritize visibility, transparency, and resilience in their supply chains, the market is expected to remain robust and continue to grow over the coming years.

References:
[1] https://www.openpr.com/news/4105398/supply-chain-management-market-latest-trends-2030-future