What is Multi-enterprise Supply Chain Business Networks Market?
Multi-enterprise business networks (also referred to as multi-enterprise operative networks) are B2B ecosystems that change multiple and distinct parties to collaborate and optimize business processes in a period across a shared knowledge set. offer Chain Platforms facilitate business leaders dynamically and showing intelligence partner with their network to remain resilient, adaptive, and higher mitigate risk and minimize disruption. Multi-Enterprise Business Networks, often referred to as Multi-Enterprise Operational Networks (MENs), are B2B ecosystems that allow numerous dissimilar parties to work together and optimize business processes in real-time on shared data sets. The key is that the business community manages the majority of the supply chain's business processes, which span several nations or corporations. A successful and highly developed digital transformation requires a multi-enterprise supply chain business network, which is a crucial technical element. Current business the design and implementation of the supply chain involves several partnerships between suppliers, operators, manufacturers, warehouses, and other parties in today's business world. The main driving factor for the multi-enterprise supply chain business network market is digitization of supply chain and thereby the demand for multi enterprises supply chain business network are continue to rise. Prior to that, huge focus on modern integration between business partners and spending on research & developments based activities resulted in energetic growth of the multi-enterprise supply chain business network in 2021.
Highlights from Multi-enterprise Supply Chain Business Networks Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | TrueCommerce (United States), SupplyOn (Germany), International Business Machine (United States), TraceLink (United States), Bamboo Rose (United States), Jaggaer (United States), Tesisquare (Italy), OpenText (Canada), Siemens (Germany) and One Network Enterprises (United States) |
CAGR | 9.73% |
The global market for the Multi-enterprise Supply Chain Business Networks is fragmented by global key players owing to the rising demand for the combined network infrastructure for the blending real-time, simultaneous communication across internal and external processes of the supply chain, the multi-enterprise platform acts as a source of truth for every order. The players should focus on the betterment and automation of the supply chain business networks processes.The Players having a strong hold in the market are OpenText, Infor, SupplyOn, One Network Enterprises. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Multi-enterprise Supply Chain Business Networks market throughout the forecasted period.
TrueCommerce (United States), SupplyOn (Germany), International Business Machine (United States), TraceLink (United States), Bamboo Rose (United States), Jaggaer (United States), Tesisquare (Italy), OpenText (Canada), Siemens (Germany) and One Network Enterprises (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Centiro (Sweden), E2open (United States) and Elemica (United States). Multi-enterprise Supply Chain Business Networks Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Supply Chain Networks, Supply Chain Applications and Data Management / Analytics |
Enterprise Size | Small and Medium Enterprise,Large Enterprise |
Industry Vertical | Automotive,Aerospace & Defense,Manufacturing,Electronics & Semiconductors,Healthcare,Consumer Goods & Retail,Other |
Deployment | Cloud,On Premise,SaaS |
According to AMA, the Global Multi-enterprise Supply Chain Business Networks market is expected to see steady growth rate and may see market size of USD1503.12 Million by 2028. On the basis of Type, Cloud are dominating the market in the year 2022 where as On Premise stood as second largest market share.
On the basis of application, Manufacturing segment is dominating the market in the year 2022 where as Healthcare segment stood as second largest market.
On the basis of geography, the market of Multi-enterprise Supply Chain Business Networks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration of Automation with Supply Chain Network Management Software for Ease of Information Access and Invoice generation, Cloud Deployment gaining Higher Attention and Quick Responsiveness & Accuracy o f Multi-enterprise Network Leads to create Demand
Market Growth Drivers:
Rising Demand for the Robust Supply Chain and Expanded Network for Better Consumer Service, Growth in Interconnected Exchange of Information Surrounding Customer Demand, Supplier Collaboration, and Logistics, Digital Trans formation o f Supply Chain Network and Business Partners are Integrating for Smooth Running
Challenges:
Requirement of Skilled personnel for Supervision of Supply Chain Network and Efficiency and Requirement o f High investment for Advanced technology Adoption
Restraints:
High Costs involved in Employment of Networks and Cyberattacks & Data Thefts
Opportunities:
Rising Strategies of Cross Marketing and Mergers for Similar Niche Businesses in accordance with Supply Chain including data aggregation from multiple sources, like point-of-sale and points-of-order technologies
Key Target Audience
Multi-enterprise Supply Chain Business Networks, Software Development, Research Institutes, End-User Industry and Others
Market Leaders & Development Strategies
On Sept 2022, Bamboo Rose, the leading multi-enterprise product lifecycle and supply chain management platform for retailers, brands, and suppliers, announced a strategic investment from Rubicon Technology Partners ("Rubicon"), a leading private equity firm based in Boulder, Colorado that invests in and grows enterprise software companies
On Sept 2022, JAGGAER, the global leader in Autonomous Commerce, announced a collaboration with Beroe Inc., a global SaaS-based procurement intelligence provider, today. Beroe LiVE.Ai will be integrated with the JAGGAER ONE source-to-pay software package as part of the collaboration. Beroe's AI-powered platform, Beroe LiVE.Ai, has been incorporated into JAGGAER's Category Management module, allowing procurement, teams to access external market knowledge, data, and insights to design successful category strategies for their firm. and In 2020, TrueCommerce, a global provider of trading partner connectivity and integration solutions, was acquired by Welsh, Carson, Anderson & Stowe (WCAS), a leading technology-focused private equity firm. This acquisition will help WCAS to deploy their investments and merge their expertise with business strategies with supply chain collaboration, connectivity, and unified commerce enablement space of TrueCommerce.