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October 2018
Supply Chain Tech & Software
Sectorwatch
The increased need for improved supply chain visibility, digital technology improvements and growing appetite towards cloud-based supply chain management software, contributes towards the growth of this market. Additionally, the high demand for transportation management systems software and IoT are expected to create more opportunities for market expansion in the near future. According to Technavio, the global SCM software market is expected to post a CAGR of close to 10% during the period 2018-2022.
Industry Trend:
- Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
- Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation
