Market Size And Forecast: Supply Chain Sustainability Software 2023-2029 (Global)

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Executive Summary

This report helps supply chain sustainability professionals, software vendors and investors understand the current state of, and future developments in, the supply chain sustainability software market. The Verdantix market size and forecast model incorporates analysis of different market drivers, survey data, and disclosed and calculated revenue information, to forecast the market’s growth by region and industry, and across three key use cases. Verdantix research finds that the overall supply chain sustainability software market was worth $1.7 billion in 2023 and will grow to over $7.7 billion in 2029, at a CAGR of 29%.

Table of contents

Regulations and ESG-related risks drive spend on supply chain sustainability software
Market size data reflect supply chain sustainability software revenues across three key use cases
The supply chain sustainability software market was worth $1.7 billion in 2023
New and evolving regulations accelerate demand for – and spend on – software 
Firms adopt software to increase supply chain visibility, transparency and resiliency
The supply chain sustainability software market will reach over $7 billion in 2029

Table of figures

Figure 1. Industry breakdown
Figure 2. Regional breakdown
Figure 3. Definitions of three key supply chain sustainability software use cases 
Figure 4. Verdantix market size and forecast methodology
Figure 5. Supply chain sustainability software market share by region: 2023
Figure 6. Supply chain sustainability software market share by industry: 2023
Figure 7. Supply chain sustainability software market share by use case: 2023
Figure 8. Supply chain sustainability regulatory landscape
Figure 9. Supply chain disruption events and risks: 2023
Figure 10. Supply chain sustainability software spend by region: 2023-2029
Figure 11. Supply chain sustainability software spend by industry: 2023-2029
Figure 12. Supply chain sustainability software spend by use case: 2023-2029

About the authors

Jessie Wilson

Analyst
Jessie is an Analyst in the Verdantix ESG & Sustainability practice. Her current research agenda spans areas such as ESG reporting, the circular economy and supply chain sustainability. Prior to joining Verdantix, Jessie graduated from the University of Bristol with First Class Honours in BSc Geography and French. Her dissertation was on achieving a circular economy for plastics with reusable packaging.

Elisa Molero

Industry Analyst
Elisa Molero is an Industry Analyst in the Verdantix ESG & Sustainability practice. Her current research agenda focuses on emerging solutions and global market trends around supply chain sustainability. Her background is in Economics, Leadership and Governance (BSc, University of Navarra). Prior to joining Verdantix, Elisa worked as a research analyst at the Centre For Economic Performance at the London School of Economics, where she completed a Master’s degree in Global Politics, with Distinction.

Kim Knickle

Research Director, ESG & Sustainability
Kimberly Knickle is Research Director of the ESG & Sustainability practice at Verdantix. Her research areas encompass ESG regulations and reporting, ESG risk, supply chain sustainability, circular economy, social impact, and sustainable finance. Kim has worked for more than 20 years in the IT industry, providing research and analysis to help companies invest wisely in new technologies. Before joining the analyst industry, she held various roles in IT services, engineering and product safety testing, beginning her career at Underwriters Laboratories, Inc. Kim holds an MBA from Boston University and a BS in Electrical Engineering from Cornell.

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