Global Supply Chain Management Software Market to Double by 2030 Amid Sustainability and Digital Orchestration Trends

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Industry Experts, Inc. published a new market research report, "Global Supply Chain Management (SCM) Software Market - Applications, Deployment Types, Company Types, and Industry Sectors", projecting that worldwide SCM software revenues will rise from US$23 billion in 2024 to US$46 billion by 2030, registering a compound annual growth rate of 12.4% during the 2024 to 2030 forecast period.

Key drivers include widespread adoption of cloud-first deployment models, which accounted for 61% of revenues in 2024 and are forecast to grow at a 13.8% CAGR, and integration of AI and machine learning for predictive decision-making and real-time tracking. Sustainability and traceability mandates are embedding carbon tracking and ethical sourcing metrics into SCM workflows, while modular, interoperable platforms from vendors such as SAP, Oracle and Kinaxis are enabling scenario planning, embedded analytics and control tower capabilities.

North America led the market in 2024 with 39.2% of global revenues, supported by strong enterprise investments in AI-driven control towers and regulatory drivers around traceability. Asia-Pacific is set to outpace all regions with a 15.8% CAGR to exceed US$14 billion by 2030, driven by digital transformation efforts in China, India and Southeast Asia. South America and Middle East & Africa are also gaining traction as companies in Brazil, Argentina and the Gulf Cooperation Council states adopt cloud-native SCM solutions to build resilience and visibility.

Segment analysis examines deployment type, company type, application type and industry sector. Large enterprises accounted for 67% of spending in 2024, while SMEs grew at a 14.2% CAGR as flexible, low-code customizations become available. Supply chain planning held 40.6% of the market, while transportation management systems were the fastest-growing application at a 15.6% CAGR. In industry sectors, retail & consumer goods led with 24.1% of revenues and transportation & logistics followed at a 14.9% CAGR, driven by investments in real-time freight visibility and dynamic routing.

The analysis spans five major regions: North America, Europe, Asia-Pacific, South America and Middle East & Africa and covers four segmentation categories: deployment type, company type, application type and industry sector. Historical data cover 2021 to 2023, with 2024 as the base year and forecasts through 2030. Country-level chapters provide insights across 29 independent markets.

About Industry Experts, Inc
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, in obtaining crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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