European SCM Applications Market Shares, 2023: Robust Growth Driven by Continued Modernization Investments

This IDC Market Share analyzes and sizes the Western Europe (WE) and Central & Easter Europe (CEE) SCM applications market for 2021-2023, providing market shares for each vendor. It segments the SCM applications market by function (three functional markets), deployment type (on-premises and PCS), and country. "Europe's SCM applications market continued to thrive in the post-pandemic world, growing 9.7% YoY in 2023. Amidst this growth, the shift toward cloud-based solutions is a clear and unmistakable trend, with public cloud services deployments surging 23.9%. This pivotal transition underscores the broader movement toward more resilient and agile supply chains. And as organizations seek to modernize their supply chain operations, they are increasingly seeking platforms and applications that can help them become more efficient, innovative, and data-driven," said Ashok Patel, research manager, IDC European Enterprise Applications and Strategies.