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Europe Supply Chain Management Software Market Forecast 2019-2028

The Europe supply chain management software market is projected to record a CAGR of 9.90%, during the forecast years of 2019 to 2028. As retail is among the major sectors in the European Union economy, the rise in demand for supply chain management software is a crucial driver, propelling the market growth.

The Europe supply chain management software market growth is studied across the United Kingdom, Russia, Italy, Belgium, Poland, Germany, France, and the rest of Europe. In France, the manufacturing industry is highly diversified and operates as the predominant source of export income. Leading manufacturing sectors comprise textiles and clothing, chemicals and pharmaceuticals, food products, aircraft, automobiles, ships and trains, mechanical equipment and machine tools, and electrical machinery. As one of the most important industry in France, manufacturing accounts for 86% of the total production and thereby reinforces the market growth. Belgium's exclusive geographical location, complex infrastructure with diverse accessibility, and its proximity to a vast consumer base make a prime platform for logistics services. Retail growth, e-commerce developments, and reduced delivery times encourage enterprises to augment their distributions, predominantly through supply chain management software. Smart factories in Russia are designed to generate products and goods from an empty to a finished product, while complementing serial production expenses of current technologies. Moreover, virtual factories integrate digital and smart factories, either as components of the global supply chain or as elaborate production resources within a private network. Therefore, these factors are projected to contribute to the region's supply chain management software market growth.

Some of the eminent market players include Infor Inc, Oracle Corporation, IBM Corporation, Blue Yonder Group Inc (JDA Software), Kinaxis Inc, etc.

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Europe Supply Chain Management Software Market Forecast 2019-2028
Published By :Inkwood Research
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