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Global Artificial Intelligence in Supply Chain Market Report - Analysis, Trends & Forecasts 2019 – 2026 - Research and Markets

06-26-2019 12:12 AM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Artificial Intelligence in Supply Chain Market

Global Artificial Intelligence in Supply Chain Market

The Global Artificial Intelligence in Supply Chain Market is expected to reach USD 10,787.2 million by 2025 from USD 21.21 million in 2017 and is projected to grow at a CAGR of 8.1% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Artificial Intelligence (AI) in supply chain is a creation of wise and smart machines that work, respond and react like people. It is utilized to enhance the proficiency of day by day undertakings. Advancing innovation, selection of robots and drones, driverless tractors, crop health checking, and automated water system framework are a part of the applications that credited to the high development of the global artificial intelligence in supply chain AIS showcase. Highly proficient yield examination is offered by drones and software programming advancements, for example, radars and GPS framework, empower to reduce weight on existing stressed workforce. In addition, remote detecting systems are also used to view the quality and yield creating capacity of a farming area.

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The artificial intelligence in supply chain is a field holds secure development prospects, inferable from which, the key players are concentrating on building up an incorporated arrangement including equipment and programming. Moreover, to grow their client achieve, a few merchants have teamed up with wholesalers and end clients for item appropriation. The expanding conspicuousness of parallel preparing applications is prompting expanded selection of the innovation in logical teaches, for example, counterfeit consciousness and information science. Associations are using counterfeit measures to extricate significant insights of information for giving creative items and enhancing client encounter; in this manner, expanding income openings.

Artificial Intelligence in supply chain is presented to improve and generate “thinking machines” which is capable of learning, replacing human intelligence and mimicking. It is growing in a very huge amount by gaining momentum across industries by the emergence of IoT (Internet of Things), explosion in computing power and storage, and big data, and algorithmic advances. As per Salesforce, by 2020, 57% of business buyers will depend on companies to know what they need before they ask for anything. This means having solid prediction capabilities with respective AI will be the key to keeping the customers.In 2016 artificial intelligence and machine learning emerging as the next big technology has seen a race for artificial intelligence, with a number of acquisitions and large technology vendors such as IBM, Google and Amazon are launching a new artificial intelligence-enabled product.

In 2017 Startup Launches the First Practical AI Platform. It is AI, machine learning, and predictive analytics are set to transform industry such as logistic and supply chain industry .

Key Players: Global Artificial Intelligence in Supply Chain Market

The renowned players in artificial intelligence in supply chain market are
• NVIDIA
• IBM
• Intel
• Xilinx
• Samsung Electronics
• Micron Technology
• Microsoft
• Amazon
• SAP
• Oracle
• Logility
• LLamasoft Inc.
• ClearMetal
• Splice Machine
• Cainiao Network (Alibaba)
• FedEx
• Deutsche Post AG DHL Fraight AI
• C.H.Robinson
• E2open
• Relex Solution
• Teknowlogi
• Presenso and many more.

Table of Contents Available For this Market Download Free TOC : https://databridgemarketresearch.com/toc/?dbmr=global-artificial-intelligence-in-supply-chain-market

Table of Content:

01: Executive Summary
02: Scope of The Report
03: Market Landscape
04: Market Sizing
05: Market Segmentation by Product
06: Five Forces Analysis
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis

Competitive Analysis: Global Artificial Intelligence in Supply Chain Market

The global artificial intelligence in supply chain market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of artificial intelligence in supply chain market for global, Europe, North America, Asia Pacific and South America.
In 2016 artificial intelligence and machine learning emerging as the next big technology has seen a race for artificial intelligence, with a number of acquisitions and large technology vendors such as IBM, Google and Amazon are launching a new artificial intelligence-enabled product.
In 2017, Teknowlogi Launches a first cloud-based solution built on artificial intelligence for the logistics industry. It is a next-generation platform category, representing a much-needed advancement for traditional industry logistics system.

Market Drivers and Restraints:

• Growth of big data
• Demand for greater visibility and transparency in supply chain data and processes
• Adoption of AI to improve consumer services and satisfaction.
• High Information and data storage capacity
• High computing power and parallel processing capabilities
• Lack of people power
• Data inefficiency in building proper AI algorithms.

Market Segmentation: Global Artificial Intelligence in Supply Chain Market

• The market is segmented based on offering, technology, application, industry and geographical segments.
• Based on offering, the market is segmented into hardware, software and services.
• Based on technology, the market is segmented into machine learning, natural language processing (NLP), context-aware computing and computer vision.
• Based on application, the market is segmented into fleet management, supply chain planning, warehouse management, virtual assistant, risk management, freight brokerage and others)
• Based on industry, the market is segmented automotive, aerospace, manufacturing, retail, healthcare, consumer-packaged goods, food & beverages and others.
• Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

To Inquire before Buy Complete Report Click Here @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-artificial-intelligence-in-supply-chain-market

Contact: Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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