North America Supply Chain Analytics Market (2023-2029) Outlook | Revenue, Industry, Forecast, Growth, Trends, Value, Analysis, Companies, Share, COVID-19 IMPACT & Size

North America Supply Chain Analytics Market Highlights

Report Name	North America Supply Chain Analytics Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate (CAGR)	17.9%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Countries, By Software, By Component, By Deployment Mode, By Organization Size, By Service, By Vertical
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in the North America Supply Chain Analytics Market Report

The North America Supply Chain Analytics Market report thoroughly covers the market by software, component, deployment mode, organization, service, vertical, countries and competitive landscape. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics. 

North America Supply Chain Analytics Market Synopsis

The North America Supply Chain Analytics industry is undergoing significant evolution, driven by a myriad of factors. Supply chain analytics has become a critical component of businesses' operations, offering insights that optimize efficiency, reduce costs, and enhance overall performance. Key trends in this market include the increasing adoption of advanced analytics tools and machine learning algorithms to enhance forecasting accuracy, demand planning, and inventory management. The rise of real-time analytics is also notable, allowing companies to make faster, data-driven decisions and respond swiftly to market fluctuations. Moreover, sustainability and environmental concerns are driving the integration of analytics to create eco-friendlier supply chains, promoting responsible practices and reducing waste. In summary, the North America Supply Chain Analytics Market is marked by a growing reliance on data-driven insights, real-time decision-making, and a strong commitment to sustainability. Additionally, one key advancement is the increasing adoption of artificial intelligence (AI) and machine learning (ML) in supply chain analytics, enabling businesses to gain deeper insights, automate processes, and enhance predictive capabilities. Another significant trend is the integration of IoT (Internet of Things) sensors, which provide real-time data on the status and location of goods, leading to improved visibility and better decision-making. However, this market also faces challenges, with data security and privacy concerns becoming increasingly prominent as companies gather and share more data.

According to 6Wresearch, North America Supply Chain Analytics Market is registering a CAGR of 17.9% during the forecast period and the market is projected to be worth USD 22.79Bn during 2023-2029. The market growth is driven by several key factors such as the escalating demand for improved operational efficiency and cost reduction in supply chain processes drives the adoption of supply chain analytics solutions. These tools offer insights into various aspects of the supply chain, enabling companies to optimize inventory, streamline logistics, and enhance production planning. Further, the growing need for real-time data analytics and predictive capabilities to make informed, timely decisions in a rapidly changing business landscape is a significant driver. Additionally, advancements in technology, such as AI, machine learning, and IoT, are augmenting the capabilities of supply chain analytics, providing more sophisticated and accurate forecasting and demand planning. Moreover, the increasing awareness of sustainability and environmental impact is encouraging organizations to utilize analytics to design eco-friendly and efficient supply chain processes, thus fostering market growth.

COVID-19 Impact on North America Supply Chain Analytics Market

The North America Supply Chain Analytics market revenues experienced a significant impact from the COVID-19 pandemic. As the pandemic disrupted global supply chains, there was a heightened awareness of the need for resilient and adaptable supply chain analytics solutions. Companies sought to minimize disruptions, stockouts, and excessive inventory, which drove increased interest in supply chain analytics tools that offered real-time visibility, demand forecasting, and risk mitigation capabilities. Additionally, the pandemic accelerated the adoption of digital transformation strategies, including supply chain analytics, as businesses recognized the importance of data-driven decision-making in navigating unprecedented challenges. This has led to a sustained growth trajectory for the supply chain analytics market in North America as companies continue to prioritize agility and efficiency in their supply chain operations.

Key Players in the North America Supply Chain Analytics Market 

Several key players stand out as leaders in offering innovative solutions and driving industry growth. Some prominent companies in this market include IBM Corporation, SAP SE, Oracle Corporation, SAS Institute Inc., and Tableau Software (now part of Salesforce). These industry giants offer a comprehensive range of supply chain analytics solutions, leveraging advanced technologies like artificial intelligence, machine learning, and IoT to help businesses optimize their supply chain operations, improve efficiency, and make data-driven decisions. Additionally, some of the key companies hold cumbersome North America Supply Chain Analytics Market share Their extensive customer base, global presence, and continuous investments in research and development reinforce their positions as influential players in the North America Supply Chain Analytics Market.

Market by Vertical

According to Ravi Bhandari, Research Head, 6Wresearch, the North America Supply Chain Analytics Market serves a diverse range of key verticals, each with its unique set of challenges and opportunities. One of the primary sectors is Retail and E-commerce, where supply chain analytics assists in managing inventory, optimizing shipping routes, and meeting customer demand accurately. In the Manufacturing industry, it plays a pivotal role in production planning, demand forecasting, and quality control. Healthcare relies on supply chain analytics to ensure timely and efficient delivery of critical medical supplies and pharmaceuticals. The Automotive sector uses analytics to streamline procurement, production, and distribution processes. Furthermore, the Food and Beverage industry employs supply chain analytics to maintain product freshness and minimize wastage. These key verticals in the North America Supply Chain Analytics Market underscore the wide-ranging applications and significance of analytics solutions across various industries.

Market by Countries

The North America Supply Chain Analytics Market features several key performing countries that drive its growth and innovation. The United States, as the largest and most influential player in the region, contributes significantly to the market's expansion with its advanced logistics infrastructure and a wide range of industries relying on supply chain analytics. Moreover, the country grip substantial United States Supply Chain Analytics Market share. Further, Canada follows closely, with a growing emphasis on data-driven decision-making and supply chain optimization. Mexico, with its flourishing manufacturing sector and increasing adoption of technology, also plays a vital role in shaping the market's landscape. These key performing countries collectively form the backbone of the North America Supply Chain Analytics Market, fostering innovation and continuous development in the realm of supply chain optimization.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• North America Supply Chain Analytics Market Outlook
• Market Size of North America Supply Chain Analytics Market, 2022
• Forecast of North America Supply Chain Analytics Market, 2029
• Historical Data and Forecast of North America Supply Chain Analytics Revenues & Volume for the Period 2019 - 2029
• North America Supply Chain Analytics Market Trend Evolution
• North America Supply Chain Analytics Market Drivers and Challenges
• North America Supply Chain Analytics Price Trends
• North America Supply Chain Analytics Porter's Five Forces
• North America Supply Chain Analytics Industry Life Cycle
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Software for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Supplier Performance Analytics for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Dem for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Analysis & Forecasting for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Spend & Procurement Analytics for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Software for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Supplier Performance Analytics for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Dem for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Analysis & Forecasting for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Spend & Procurement Analytics for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Software for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Supplier Performance Analytics for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Dem for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Analysis & Forecasting for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Spend & Procurement Analytics for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Component for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Software for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Services for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Component for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Software for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Services for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Component for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Software for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Services for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Deployment Mode for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Cloud for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By On-premises for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Deployment Mode for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Cloud for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By On-premises for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Deployment Mode for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Cloud for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By On-premises for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Organization Size for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Large Enterprises for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By SMEs for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Organization Size for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Large Enterprises for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By SMEs for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Organization Size for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Large Enterprises for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By SMEs for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Service for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Professional Services for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Managed Services for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Service for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Professional Services for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Managed Services for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Service for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Professional Services for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Managed Services for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Vertical for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Automotive for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Retail & Consumer Goods for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By F&B Manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Machinery & Industrial Equipment Manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Pharmaceutical for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Government for the Period 2019 - 2029
• Historical Data and Forecast of North America Supply Chain Analytics Market Revenues & Volume By Energy & Utilities for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Vertical for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Automotive for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Retail & Consumer Goods for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By F&B Manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Machinery & Industrial Equipment Manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Pharmaceutical for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Government for the Period 2019 - 2029
• Historical Data and Forecast of United States Supply Chain Analytics Market Revenues & Volume By Energy & Utilities for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Vertical for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Automotive for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Retail & Consumer Goods for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By F&B Manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Machinery & Industrial Equipment Manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Pharmaceutical for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Government for the Period 2019 - 2029
• Historical Data and Forecast of Canada Supply Chain Analytics Market Revenues & Volume By Energy & Utilities for the Period 2019 - 2029
• North America Supply Chain Analytics Market - Key Performance Indicators
• North America Supply Chain Analytics Market - Import Export Trade Statistics
• North America Supply Chain Analytics Market - Opportunity Assessment By Countries
• North America Supply Chain Analytics Market - Opportunity Assessment By Software
• North America Supply Chain Analytics Market - Opportunity Assessment By Component
• North America Supply Chain Analytics Market - Opportunity Assessment By Deployment Mode
• North America Supply Chain Analytics Market - Opportunity Assessment By Organization Size
• North America Supply Chain Analytics Market - Opportunity Assessment By Service
• Market Opportunity Assessment By Vertical
• North America Supply Chain Analytics Market - Top Companies Market Share
• North America Supply Chain Analytics Market - Top Companies Profiles
• North America Supply Chain Analytics Market - Comparison of Players in Technical and Operating Parameters
• North America Supply Chain Analytics Market - Strategic Recommendations

Markets Covered

The North America Supply Chain Analytics Market report provides a detailed analysis of the following market segments:

By Software

• Supplier Performance Analytics
• Dem, Analysis & Forecasting
• Spend & Procurement Analytics

By Component

• Software
• Services

By Deployment Mode

• Cloud
• On-Premises

By Organization Size

• Large Enterprise
• SMEs

By Service

• Professional Services
• Managed Services

By Vertical

• Automotive
• Retail & Consumer Goods
• F&B Manufacturing
• Machinery & Industrial Equipment Manufacturing
• Pharmaceutical
• Government
• Energy & Utilities

By Countries

• United States
• Canada