According to a research report titled ‘North America Supply Chain Analytics Market Size By Organization Size, By Component, By Deployment Size, By Application, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026’, available with Market Study Report, North America supply chain analytics market is expected to reach a valuation of USD 3.5 billion by the end of the forecast period 2020-2026.
 

Surging demand for advanced analytics solutions in line with the strong growth in integrated supply chain solutions are primary factors driving North America supply chain analytics industry growth, claims the study.
 

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Furthermore, advent of cognitive technologies in supply chain processes, and inflowing investments from stakeholders will continue to act as a major impetus for industry expansion. Additionally, flourishing retail industry and transformation in supply chains are likely to add substantial traction to market revenue flow.
 

Based on component type, the market is arrayed into solution (procurement analytics, demand planning, inventory analytics, logistics analytics, manufacturing analytics), and service (professional, managed). Among these, the manufacturing analytics solution segment is expected to bolster significantly, expanding at a CAGR of 15% through the forecast period. This can be credited to massive investment outlays from end-use industries, emergence of IoTs and Industry 4.0 technologies, and increasing use of cloud technologies.
 

Moving on to deployment model, the industry segmentation comprises cloud-based, and on-premise. The cloud-based deployment segment is expected to capture over 50% of North America supply chain analytics market, expanding at a healthy CAGR of 20% through 2026.
 

By organization size, the market is split into large enterprises, and small and medium enterprises (SMEs). Large enterprises segment is expected to grow significantly owing to extensive application of supply chain management solutions for inventory management, portfolio expansion, and workflow streamlining.
 

Speaking of application ambit, the business vertical is classified into retail, transportation & logistics, energy & utilities, government & defense, manufacturing, automotive and healthcare segments.
 

Among these, retail sector is expected to register remarkable returns, owing to mounting demand for innovative solutions to facilitate visibility and operational efficiency in supply chain operations.
 

Elaborating on the geographical scope, the U.S. was the leading contributor to the market remuneration in 2019. It captured over 75% of the regional market share and is projected to garner a robust rate of growth over the forecast period.
 

Prominent players in North America supply chain analytics market sphere are Tibco Software Inc., Tableau Software LLC, Savi Technology Inc., SAS Institute Inc., SAP SE, Sage Clarity Systems, Oracle Corp., Manhattan Associates Inc., International Business Machines Corp., Blue Yonder Group Inc., Axway Software SA, and Antuit.ai.