It is difficult for large multibillion-dollar markets to grow rapidly, but the supply chain execution (SCE) market will achieve that feat. Supply chain execution includes collaborative production management for process and discrete industries, transportation management systems, and warehouse management systems. The worldwide market for SCE is expected to grow at a compounded annual growth rate of 9.9 percent over the next five years. The market was $4.6bn in 2006 and is forecasted to be over $7.4bn in 2011, according to a new ARC Advisory Group study.
"It is surprising how fragmented this market remains," according to Steve Banker, service director for supply chain management at ARC. "There are over 250 suppliers. In 2006, the top 10 suppliers' shares of the total market had barely changed from 2003, despite the fact that virtually all of the top 10 suppliers had made SCE acquisitions."
Source: ARC Advisory Group, http://arcweb.com