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Supply Chain Visibility (SCV) Software Market Size, Share, Growth, Trends, Global Industry Analysis, By Type (Cloud-Based and On-Premises), By Application (SMES and Large Enterprises), Regional Insights and Forecast From 2025 To 2033
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SUPPLY CHAIN VISIBILITY (SCV) SOFTWARE MARKET OVERVIEW
The global supply chain visibility (scv) software market size was USD 11 billion in 2024 and market is projected to touch USD 34.53 billion by 2033, exhibiting a CAGR of 10% during the forecast period from 2025 To 2033.
Supply chain visibility (SCV) software is the ability of components, products, or parts in transit to be tracked by the manufacturers to their final destination. With SCV, the supply chain may be strengthened and improved by making data easily accessible to all parties involved, including the client. The enterprise resource planning (ERP) system frequently includes SCV. The businesses have increased the outsourcing of supply chain planning and have lost some sight and control over it, SCV has recently grown even more crucial.
Supply chain visibility (SCV), made possible by supply chain management technology, resolves these problems by providing real-time logistical data and insights into multiple supply chain components. Data collecting operations used to improve supply chain visibility span a range of activities.
COVID-19 IMPACT
Restrictions On Supply Chain Slowed Market Expansion
The global COVID-19 pandemic has been unprecedented and staggering, with supply chain visibility (SCV) software experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The pandemic outbreak imposed the government to implement various restrictions on transportation, manufacturing, and supply chains. This results from significant disruptions in their respective supply chains and lockdowns due to various precautionary measures taken by governments around the globe. The same holds true for the market for software for inventory control worldwide. The hindrance in the supply chain became a major factor that impeded the revenue trajectory of the global supply chain visibility (SCV) software market. The global market for supply chain visibility (SCV) software is anticipated to rebound as soon as the relevant governing bodies start to remove these enforced lockdowns.
LATEST TRENDS
Accelerating Need for Accurate Inventory Management to Foster Market Growth
The businesses are focused on bridging the gap between online and offline sales. The adoption of supply chain solutions such as inventory management is being sparked by the growing focus of organizations on Omni channel systems to close the gap between online and physical sales. Accurate store inventory is necessary for providing efficient service for daily requests. This has led to many vendors in many different business verticals implementing supply chain visibility (SCV) software in their warehouses, which helps them manage their inventory effectively and keep consumers both online and offline using an Omni channel platform. Thanks to this, customers can now instantly access things from wherever in an organization. The expansion of inventory management solutions is fueled by Omni channel commerce's advantages in terms of improved customer experience, higher sales and traffic, and improved data collecting.
SUPPLY CHAIN VISIBILITY (SCV) SOFTWARE MARKET SEGMENTATION
By Type
By type, the market is segmented into cloud-based and on-premises.
By Application
Based on application, the market is classified into SMEs and large enterprises.
DRIVING FACTORS
Accelerating Focus On Adoption of Omni channel Systems to Prosper Service Demand
The main element driving the adoption of supply chain solutions such as supply chain visibility (SCV) software is the growing focus of businesses on Omni channel systems to close the gap between online and offline sales. Due to a rise in the demand for supply chain visibility (SCV) software that can be accessed through many channels, inventory accuracy has become one of the top issues for warehouse owners. To properly fulfill daily requests, store inventory accuracy is essential. As a result, many vendors in numerous industry verticals are using inventory management software in their warehouses, which helps them to effectively manage their inventory and customers both online and offline through an Omni-channel platform.
Availability of User-Friendly Tracking Tools to Surge the Market Growth
The key driver of the global supply chain visibility (SCV) software market is the availability of simple and user-friendly inventory tracking tools. Inventory management software tracks levels, orders, sales, and deliveries. Managing, controlling, and tracking inventory applications are widely accessible for iOS and Android devices. Regardless of location or time, the inventory management software makes managing, monitoring, and tracking inventories simple. Large MNC manufacturing facilities frequently operate in remote places and are connected via wireless networks. Manufacturing inventory software provides mobile applications that can support various business processes at any time and from any location using mobile devices.
RESTRAINING FACTORS
High Investment Cost of the Service to Set Back Market Growth
The supply chain visibility (SCV) software market growth is expected to be challenged throughout the forecast period due to factors such as high investment costs and consumers' reluctance to embrace legacy systems.
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SUPPLY CHAIN VISIBILITY (SCV) SOFTWARE MARKET REGIONAL INSIGHTS
North America to Dominate the Market Due to the Strong Presence of Key Players
North America is likely to hold the leading part of the supply chain visibility (SCV) software market share owing to the strong presence of key manufacturing companies and retailers in the region. These companies are emphasizing on Omni channel platforms for expanding operational efficiencies.
Asia Pacific is predicted to show significant growth due to the expanding adoption of smartphones and other devices. Additionally, the rising popularity of e-commerce is elevating regional growth.
KEY INDUSTRY PLAYERS
Key Companies to Emphasis On the Development of Advanced Technology
Key market players are investing heavily on research and development of the product. Companies are also paying focus on launching advanced products. Emphasis on gaining collaborations, mergers, and acquisitions is increasing among leading players. The major market players are striving to maintain partnerships with other key players in the same industry. Gaining partnerships with other companies will develop a strong consumer base in the global market. The key competitors are adopting organic and inorganic growth strategies to surge their supply chain visibility (SCV) software market share in the global market.
List of Top Supply Chain Visibility (Scv) Software Companies
- Zetes (Belgium)
- IBM (U.S)
- FourKites (U.S)
- IntelliTrans (U.S)
- project44 (U.S)
- Anvyl (U.S)
- NeuroTags (India)
- SAP (Germany)
- Oracle (U.S)
- Infor (U.S)
- Optimiza (Spain)
- Optimity (Canada)
- StockIQ (U.S)
- YooFreight (U.K.)
- BluJay (U.S)
- Kuebix (U.S)
- E2open (U.S)
- Shippeo (France)
- Specright (U.S)
- Fleetx (India)
- Shipsy (India)
- Syncrofy (New York)
- Kinaxis (Canada)
REPORT COVERAGE
The market research study offers thorough information on numerous market aspects. The growth drivers, restraints, geographical analysis, competitive environment, and challenges are a few of them. Additionally, it provides an analytical analysis of market trends and projections for various factors to show potential investment areas. From 2021 through 2031, the market is objectively assessed to determine its financial viability. The report's data was compiled using a variety of primary and secondary sources.
Attributes | Details |
---|---|
Market Size Value In |
US$ 11 Billion in 2024 |
Market Size Value By |
US$ 34.53 Billion by 2033 |
Growth Rate |
CAGR of 10% from 2025 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Type
|
|
By Application
|
FAQs
Based on our research, the global Supply Chain Visibility (SCV) Software market is projected to touch USD 34.53 billion by 2033.
The Supply Chain Visibility (SCV) Software market is expected to exhibit a CAGR of 10.0% by 2033.
By type, the Supply Chain Visibility (SCV) Software market is segmented into cloud-based and on-premises. Based on application, the market is classified into SMEs and large enterprises.
Zetes, IBM, FourKites, IntelliTrans, project44, Anvyl, NeuroTags, SAP, Oracle, Infor, Optimiza, Optimity, StockIQ, YooFreight, BluJay, and Kuebix are the top companies operating in the Supply Chain Visibility (SCV) Software market.
Based on our research, North America is expected to dominate the Supply Chain Visibility (SCV) Software market by 2032.
Accelerating focus on the adoption of Omni channel systems to prosper service demand and the availability of user-friendly tracking tools to surge the market growth are the factors driving the Supply Chain Visibility (SCV) Software market.