According to the research report titled ‘Europe Supply Chain Analytics Market Forecast 2027 By Organization Size, By Component, By Deployment Size, By Application, Research Report, Country Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, Europe supply chain analytics market is anticipated to attain a valuation of USD 2.5 billion by the year 2027.

Reliable estimates suggest that growing demand for service digitization, and rising internet penetration across various industries are the major growth determinants for Europe supply chain analytics market.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4384871/  

Furthermore, increasing government investments towards the deployment of 5G & 4G technology as well as implementation of digital transformation drive across various SMEs are expected to bolster the industry trends in the coming years.

In terms of component, the logistic analytics solution segment is expected to hold 15% revenue share by 2027, on account of the ability to assist businesses in analyzing logistics data and operations, as well as runs cost-benefit analyses to increase the profitability.

Based on organization size, the large enterprise segment of Europe supply chain analytics industry is slated to grow significantly during the forecast period, owing to the ability to provide real-time visibility across a variety of supply chain operations, reducing any negative influence on the normal flow of company activities and avoiding disruption.

Speaking of deployment model, the cloud segment is poised garner lucrative returns by 2027, because it increases their profitability and lowers the setup costs.

On the basis of end-user spectrum, the government & defense segment is expected to grow at a CAGR of 9% through 2027, as the supply chain analytics solutions & services manage multi-tiered operations and a worldwide supplier network, as well as growing demand for improved visibility, cost savings, and expenditure aggregation

The U.K. accounted for 20% market share in 2020 and is reckoned to amass notable gains by 2027, owing to implementation of Big Data and analytics to improve customer experience, reduce retail shrinkage, increase ROI, and enhanced supply chain management operations by retailers in the country.

TIBCO Software Inc., Tableau Software, QlikTech International AB, SAS Institute, Oracle Corporation, Manhattan Associates, Logility Inc., Infor, IBM Corporation, Capgemini SE, Blue Yonder Group, and Axway Inc. are the leading players influencing Europe supply chain analytics market.