North America Supply Chain As A Service (SCaaS) Market Expand at Healthy CAGR During Forecast Period 2018-2025
September 25, 2019 by Jason Lee
North America Supply Chain As A Service (SCaaS) Market Forecast, North America Supply Chain As A Service (SCaaS) Market Growth , North America Supply Chain As A Service (SCaaS) Market Share , North America Supply Chain As A Service (SCaaS) Market Trends , North America Supply Chain As A Service (SCaaS) Market
Supply Chain as a Service (SCaaS) refers to outsourcing of supply chain management functions to a service provider. This allows an enterprise to focus on its core compatibilities. The SCaaS providers customize the supply chain management for an enterprise to efficiently deliver the services. The SCaaS providers can help both the major enterprises and small & medium enterprises to streamline their supply chain networks.
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The key players, such as DHL International GmbH, FedEx Corporation, GEODIS, United Parcel Service, Inc. and others, provide innovative solutions and services to end users. The North America supply chain as a service (SCaaS) market was valued at $4,478.20 million in 2017 and is projected to reach $7,854.40 million by 2025, growing at a CAGR of 7.5% from 2018 to 2025.
Factors such as significant growth of the retail industry is driven by proliferation of mobile devices and internet penetration in emerging economies and increase in requirement for managing logistics services among several end users, drive the North America supply chain as a service market. In addition, rise in consumer expectations is expected to fuel the growth of the market. However, security concerns pertaining to enterprise critical information among end users is the major factor that impede the market growth. However, integration of blockchain technology and omni-channel supply chain approach are expected to provide lucrative opportunities for the growth of the North America market.
The North America SCAAS market is segmented based on component, application, organization size, industry vertical, and country. In terms of component, the market is bifurcated into solution and service. Depending on application, it is classified into order management, warehouse management, logistics management, and others. The others application segment includes vendors management and supplier management. Based on organization size, the market is categorized into large enterprises and small and medium sized enterprises. In addition, the market includes several industry verticals such as retail & e-commerce, healthcare & life sciences, manufacturing, energy & utilities, IT & telecom, government & defense, and others. Based on country, the market is analyzed across the U.S. and Canada.
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The North America supply chain as a service (SCaaS) market is dominated by key players such as Accenture, CEVA Logistics, DHL International GmbH, FedEx Corporation, GEODIS (SNCF Mobilités Group), Kuehne + Nagel, Tata Consultancy Services Limited, United Parcel Service, Inc., XPO Logistics, Inc., Zensar Technologies Ltd., and others.
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