The Cloud Supply Chain Management Market is expected to grow from US$15.550 billion in 2025 to US$26.259 billion in 2030, at a CAGR of 11.05%.
The growth of the cloud supply chain management market is majorly attributed to the continuous shifting of business processes towards the cloud as enterprises continue to increase their focus on agility while adopting solutions that can increase their profit margins by streamlining the business processes. The increasing focus of enterprises on ensuring business continuity is anticipated to push them towards cloud-based supply chain management solutions which aid in mitigating potential risks associated with the supply chain, which is boosting the growth of the market.
Solid growth of the market is anticipated over the projected period as e-commerce continues to show rapid growth across all major regions around the globe. Growing competition across industries is fueling the adoption of advanced cloud supply chain management solutions among enterprises as they seek to remain ahead of their competitors, which is further projected to boost the growth of the market.
Various companies are increasingly replacing their traditional logistics and transportation management with cloud technology which is one of the major factors anticipated to drive the growth of the cloud supply chain management market during the forecast period. The supply chain has become extremely complex today and hence companies are adopting cloud supply chain management in logistics and transportation management as it provides a high level of visibility into the supply chain.
Furthermore, it reduces costs and improves efficiency along with providing greater oversight to help avoid consumer shortages. Owing to these advantages, a large number of companies are moving to cloud technology for managing their logistics and transportation.
A large number of organizations are switching to cloud computing which is anticipated to have a positive impact on the cloud supply chain management market during the forecast period. Cloud computing allows companies to store huge amounts of data without the need of setting up an IT infrastructure themselves, which saves the companies cost and time. It allows the companies to focus completely on their core business, as the cloud computing is provided by third parties, reducing the cost of managing and maintaining the IT systems, which is leading to rising demand for cloud computing and hence is anticipated to propel the growth of the cloud supply chain management market in the coming years.
As per Ferrari, the move was taken to transform it into a data-driven organization that utilizes the power of technology for upgrading its products and customer engagements, along with also being able to provide better driving experiences. Similarly, more and more companies are adopting cloud computing for upgrading their businesses, which is one of the prominent factors anticipated to drive market growth in the coming years.
Geographically, the North American region is anticipated to hold a significant market share as the industries in the region are technologically advanced and hence have a higher tendency to adopt technologies like cloud supply chain management.
The Asia Pacific region is anticipated to witness substantial growth during the forecast period due to rising investments in cloud-based solutions. Furthermore, the rising number of start-ups in the region providing cloud-based solutions is anticipated to propel the growth of the market during the forecast period.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Cloud Supply Chain Management Market Size in 2025 | US$15.550 billion |
| Cloud Supply Chain Management Market Size in 2030 | US$26.259 billion |
| Growth Rate | CAGR of 11.05% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation | |
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Cloud Supply Chain Management Market |
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| Customization Scope | Free report customization with purchase |
Segmentation