Globalization and Its Influence on Supply Chain Management Software Market Trends

The supply chain management software market was estimated at USD 26.2 billion in 2022 and is likely to grow at a CAGR of 10.37% during 2023-2028 to reach USD 47.51 billion in 2028.

Supply chain management software, also called SCM software, is used to manage activities across the supply chain. It is utilized in every aspect of supply chain management, including logistics and distribution, control of quality, and management of vendors. It helps improve productivity and helps the user to better handle disruptions.