Artificial Intelligence in Supply Chain Market: Projected to Reach US$ 67.08 Bn by 2030, Growing at 45.5% CAGR

Artificial Intelligence in Supply Chain Market Report Overview:

The Artificial Intelligence in Supply Chain market’s future trajectory has been projected based on region, type, and application, incorporating sales and revenue data. The Artificial Intelligence in Supply Chain market research underscores aspects such as market share, primary suppliers, distributors, evolving price trends, and the intricate raw material supply chain. By offering these insights, the market report furnishes companies with profound understanding of the dynamics prevalent within the global Artificial Intelligence in Supply Chain industry.

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Artificial Intelligence in Supply Chain Market Scope and Research Methodology

The core focus of the Artificial Intelligence in Supply Chain market report centers on illuminating the dynamics encompassing drivers, restraints, challenges, and opportunities. This comprehensive insight into market dynamics is presented both regionally and by segment, rendering the report an indispensable resource for potential investors. Data collection for the report was achieved through the synergy of primary and secondary research methodologies, ensuring the Artificial Intelligence in Supply Chain market report’s authenticity and accuracy.

Market Dynamics:

The demand for transparency and visibility in supply chain operations is a primary factor driving the adoption of AI technologies. The use of AI in supply chains has significantly increased, particularly in areas like warehouse management, inventory control, product safety, and timely delivery. AI’s ability to process large volumes of data autonomously, coupled with the growing awareness of big data and analytics, is reshaping the logistics sector. This shift towards AI is further propelled by government initiatives promoting automation and the operational efficiencies that AI offers.

The adoption of AI is not limited to large corporations. AI-based solutions are being utilized to enhance supply chain management, optimize warehouse operations, and streamline logistics. For instance, Amazon has digitized its warehouses, employing AI to improve consumer satisfaction through enhanced product handling and delivery. Similarly, Amer Sports leverages machine learning to refine supply chain management, showcasing AI’s capability to revolutionize industry practices.

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Artificial Intelligence in Supply Chain Market Segmentation:

by Offering

Hardware
Software
Services

by Technology

Machine Learning
Computer Vision
Natural Language Processing
Context-Aware Computing

The market is segmented into Machine Learning, Computer Vision, Natural Language Processing, and Context-Aware Computing. Among these, the Machine Learning segment held the largest market share in 2023. This growth is driven by the rising demand for intelligent AI solutions, government initiatives promoting AI, and the technology’s ability to efficiently manage large datasets and respond to anomalies swiftly. Computer Vision technology, which held the second-largest market share, is witnessing rapid adoption across various industrial verticals due to its automation capabilities.

by Application

Supply Chain Planning
Warehouse Management
Fleet Management
Virtual Assistant
Risk Management
Inventory Management
Planning & Logistics

The market is also segmented by application, including Supply Chain Planning, Warehouse Management, Fleet Management, Virtual Assistant, Risk Management, and Inventory Management & Planning & Logistics. The Supply Chain Planning segment led the market in 2023, driven by the increasing demand for improved factory scheduling, production planning, and streamlined decision-making processes within supply chains. The automation of existing processes and workflows is further contributing to the growth of this segment.

by End-User

Manufacturing
Food and Beverages
Healthcare
Automotive
Aerospace
Retail
Consumer-Packaged Goods

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Artificial Intelligence in Supply Chain Market Key Players:

1. Intel Corporation
2. Amazon.com, Inc.
3. Google LLC
4. Microsoft Corporation
5. Nvidia Corporation
6. Oracle Corporation
7. IBM Corporation
8. Samsung (South Korea)
9. Lamasoft Inc.
10.SAP
11.General Electric
12.Deutsche Post AG DHL
13.Xilinx
14.Micron Technology, Inc.
15.FedEx
16.ClearMetalInc
17.C.H. Robinson
18.E2open
19.Relex Solution
20.Presenso
21.Cainiao Network
22.Splice Machine
23.Logility
24.LLamasoft Inc.
25.Micron Technology

Artificial Intelligence in Supply Chain Market Regional Analysis:

North America dominated the global AI in Supply Chain market in 2023, owing to the presence of developed economies focused on enhancing existing supply chain solutions. The region’s substantial market share is also attributed to the presence of key industry players and a strong inclination towards adopting advanced technologies.

Asia Pacific is expected to exhibit the highest CAGR during the forecast period. The region’s rapid economic development, a young and tech-savvy population, and the increasing adoption of IoT devices are key factors driving this growth. Additionally, the growing acceptance of AI-based solutions and the improvement of digital infrastructure are contributing to the expansion of the AI in Supply Chain market in the Asia Pacific.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/global-artificial-intelligence-in-supply-chain-market/63829/

Key Questions answered in the Artificial Intelligence in Supply Chain Market Report are:

What is the expected CAGR of the Artificial Intelligence in Supply Chain market during the forecast?
What is the expected Artificial Intelligence in Supply Chain market size during the forecast period?
Which regional Artificial Intelligence in Supply Chain market is expected to hold the largest share during the forecast period?
What are the market segments?
Which production technology is utilized for Artificial Intelligence in Supply Chain ?
What trends are driving the market growth?
Who are the global key players in the Artificial Intelligence in Supply Chain market?
What is the global market status of the Artificial Intelligence in Supply Chain market?
What was volume, manufacture value, price, and revenue of Artificial Intelligence in Supply Chain market?

Key Offerings:

Market Overview
Forecast by Revenue
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments, sub-segments and region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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