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Supply Chain Management Software Market Hits $6.8 Billion in 2010

For 2010, the worldwide supply chain management (SCM) software market returned to double-digit growth, according to a new report from Gartner

Gartner pegged the SCM software revenue total for 2010 at $6.8 billion, a 10 percent increase over 2009 revenue.

"In the supply chain management software market, SAP (NYSE: SAP) maintained its lead, accounted for 19.5 percent of the worldwide market share. Oracle (NASDAQ: ORCL) was the number two vendor with 17.9 percent market share. Number three vendor JDA Software (NASDAQ: JDAS), with 5.4 percent market share, posted the strongest growth rate (40.2 percent) among the top five vendors.

"Despite a difficult selling environment, the current market for SCM shows signs of renewed health," said Chad Eschinger, research director at Gartner.

Read the full story at eCRMGuide.com:
SAP, Oracle Lead Supply Chain Management Software Market