The North America Digital Supply Chain Market would witness market growth of 11.2% CAGR during the forecast period (2021-2027).
The digital supply chain uses advanced technologies for every function of each stakeholder to enable all the participants to make better decisions regarding the demand of products and the material sources they need along with all other relationships during the process. The digitalization of the supply chain at the very first step involves digitalization of asset management, demand planning, transport & logistics management, order fulfillment, procurement and warehouse management.
By adopting touchless supply chain planning, the organization may open new channels & innovative business models which can increase profitability, revenue and the working capital with improved consumer satisfaction. In addition, various complex processes and dependencies are involved in the process between the order placed and the delivery of the order. Thus, management of order needs to be efficient which benefits the organization and is ideal for automation.
The Canadian supply chain plays an important role in the economy of Canada, which enables the movement of a large number of goods and provides employment to a large number of people across the North American region. The supply chain industry is growing continuously in the North America region. But according to the Canadian Transport Act Review, there is less use of advanced communication technologies in the transportation and other industries of Canada.
The US market dominated the North America Digital Supply Chain Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,172.1 million by 2027. The Canada market is expected to witness a CAGR of 13.8% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 12.8% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Retail & Consumer Goods, Food & Beverages, Healthcare & Pharmaceuticals, Manufacturing, Transportation & Logistics, Automotive, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Digital Supply Chain Market is Estimated to reach $8.6 Billion by 2027, at a CAGR of 12.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cloudera, Inc., IBM Corporation, SAP SE, MicroStrategy, Inc., TIBCO Software, Inc., SAS Institute, Inc., Salesforce.com, Inc., Oracle Corporation, Software AG, and Infor, Inc.
By Component
By Enterprise Size
By End User
By Country
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