Investment in supply chain control towers (SCCTs) is set to grow extensively over the coming years across all industries that seek to unify and leverage their supply chain data. According to ABI Research, supply chain control tower revenues will surpass U.S. $10 million in 2025. Manufacturers, logistics service providers (LSPs) and retailers are among the highest adopters currently, with a 17%, 18% and 15% share of revenues, respectively.
“Industries with extensive supply and distribution networks for goods are the dominant investors in SCCTs, but growth is also being seen in industries wanting to gain greater control over their assets, partners, equipment, people and processes. SCCTs are, above all else, data aggregation tools and vendors are finding new ways to tailor their platforms for varying SCCT use cases,” says Ryan Wiggin, supply chain management & logistics industry analyst at ABI Research.
Key Takeaways:
- The SCCT market is a convergence of three types of providers: established supply chain system providers bringing their point solutions into a single platform, big data analytics firms crafting their solutions into SCCTs, and emerging supply chain software vendors focused entirely on end-to-end network solutions.
- European and North American organizations currently lead in adoption, with established vendor markets and growing asset tracking regulation driving investment. Asia-Pacific and Latin America SCCT markets are expected to grow strongly through the second half of the century with double-digit compound annual growth rates from 2024 to 2030.
