SAP Ord Shs SAPGF

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SAP SE (SAP) is a Germany-based company that offers enterprise application software. The Company operates through three segments: Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services, primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products; the SAP Business Network segment, which includes its cloud-based collaborative business networks and services relating to the SAP Business Network, including cloud applications, professional services and education services, as well as the Company markets and sells the cloud offerings developed by SAP Ariba, SAP Fieldglass and Concur, and the Customer Experience segment, which comprises on-premise and cloud-based products that run front office functions across the customer experience.

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SAP Ord Shs

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Post by ivosmithon Dec 15, 2023 3:42am

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Supply Chain Management Software Market Outlook 2024-2032

According to the latest research report, the global supply chain management software market size reached US$ 18.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 50.0 Billion by 2032, exhibiting a growth rate (CAGR) of 11.1% during 2024-2032.

Currently, the e-commerce industry is experiencing a significant increase in the adoption of Supply Chain Management (SCM) software for the automation of processes, inventory management, order tracking, and synchronization of operations and vendor relationships. This adoption is a primary factor driving the ongoing growth of the market. Additionally, there is a growing demand for cloud-based SCM software to expedite the manufacturing cycle, ensure quality, enhance scalability, and address disruptions, further contributing to market growth. Furthermore, small and medium-sized enterprises (SMEs) are increasingly utilizing SCM software due to rapid business expansion, globalized supply chains, and expanded selling destinations, creating a favorable market outlook. In parallel, the healthcare industry is witnessing an increasing deployment of SCM software to streamline medical supply distribution and inventory supervision, providing support to market growth. Moreover, the aviation industry is experiencing a rising demand for SCM software to manage crew, flights, passenger logistics, and aircraft, which is reinforcing the growth of the market.

Explore full report with Table of Contents: https://www.imarcgroup.com/supply-chain-management-software-market