Manufacturing technology: SCM software sales on the rise

The market for supply chain management (SCM) solutions within the manufacturing industry is growing strongly in numerous countries around the world. The worldwide market for SCM software is expected to grow at a compound annual growth rate (CAGR) of 8%, from $1.5 billion in 2003 to $2.6 billion by 2010 as manufacturers continue to invest in the technology.

Source: Datamonitor, "Manufacturing - Streamling production (Review Report)" (DMTC1207)

Source: Datamonitor, "Manufacturing - Streamling production (Review Report)" (DMTC1207)