Supply Chain Risk Management Market is Estimated to Reach USD 6.96 Billion by 2030: Cognitive Market Research

Supply Chain Risk Management Market Overview:
What is supply chain risk management?
The supply chain risk is a probabilistic and undesirable situation in the logistics or supply network, which is the unexpected risk of losses by the organization. This is necessary to confirm supply chain continuousness and decrease susceptibility by applying a strategic risk management solution. This requires the contribution of supply chain stakeholders such as distributors, suppliers, customers, and manufacturers. The SCRM effectively enhances supply chain resilience, reduces the risk of financial loss, and boosts brand reputation.

Summary:
• As per the study of CMR, The Global Supply Chain Risk Management Market size was valued at USD 3.51 Billion in 2022 and is expected to grow at a CAGR Of 8.7 % during the forecast period, reaching USD 6.96 Billion by 2030.
• Based on the component, the solution segment has the largest revenue share in the supply chain risk management market.
• Based on the end-use industry, transportation, and logistics has the leading segment in the supply chain risk management market.
• Based on enterprise size, the large enterprise has a leading segment in the supply chain risk management market.
• Based on the deployment, the on-premise segment has the major market share in the supply chain risk management market.
• North America has the largest revenue share in the supply chain risk management market.

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Market Dynamics
Supply Chain Risk Management Market Driver:
Increasing government standards and regulations about supply chain risk management and rising urbanization is the key factors expected to boost the demand for the supply chain risk management market. In addition, the increasing need for complete supply chain risk management solutions, development, and initiatives by industry players across the globe is expected to boost the target market growth.

Supply Chain Risk Management Market Opportunities:
The risk of standardization process across the organizations and integration technology advanced is anticipated to create growth opportunities for the supply chain risk management market. In addition, increasing focus on the logistics value, which is the increasing home and retail delivery is projected to create growth opportunities for the target market in the forecast period.

Supply Chain Risk Management Market Restraints:
Data security issues about supply chain risk management may hamper the growth of the supply chain risk management market. In addition, the increasing risk process is the potential financial loss by companies, which rely upon other parties to deliver services is anticipated to restrict the demand for the target market in the forecast period.

Market Segmentation:
Component:
• Services
• Solution
Based on the component, the solution segment has the largest revenue share in the supply chain risk management market. This is due to increasing supply chain visibility adoption and software management event is an important part of the supply chain management projected to propel the demand of this segment.

End Use Industry:
• Automotive
• Consumer Goods and Retail
• Food and Beverages
• Manufacturing
• Transportation and Logistics
• Healthcare and Pharmaceuticals
• Other
Based on the end-use industry, transportation, and logistics has the leading segment in the supply chain risk management market. This is attributed to increasing transportation and logistics spending to automation technologies adoption in supply and logistic chains. In addition, the transportation and logistics sector is competitive and large, and various industries including air, shipping, and railroad services anticipated to boost the growth of this segment.

Enterprise Size:
• Small and Medium Enterprise
• Large Enterprise
Based on enterprise size, the large enterprise has a leading segment in the supply chain risk management market. This is due to the increasing use of supply chain risk management software in making required decisions and data tracking of the supply chain operations growing this segment in the target market.

Deployment:
• Cloud
• On-Premise
Based on the deployment, the on-premise segment has the major market share in the supply chain risk management market. This is owing to the on-premise use of the IT infrastructure, and software used to arrange, gather, and present crucial data from made customer communications via chatbots, calls, and emails. In addition, this is lower the risk of enabling to foster of long-term engagement, securely maintaining customer requirement data, and increasing customer happiness likely to propel this segment.

Competitive Analysis of Supply Chain Risk Management Market: Avetta LLC, Cura Software Solutions Co, DHL International GmbH, GEP, LogicManager Inc., Marsh LLC, MetricStream Inc., SAP Ariba Inc., Software AG Inc., The AnyLogic Company

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Regional Analysis:
North America accounted for the largest share of the supply chain risk management market
North America has the largest revenue share in the supply chain risk management market. This is due to increasing spending on logistics and transportation in the region. In addition, the automation technologies implementation in the region is anticipated to fuel the demand for the supply chain risk management market in the region.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Supply Chain Risk Management Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Supply Chain Risk Management Market Segmentation
1.5.1 Supply Chain Risk Management Market Regional Fragmentation
1.5.1 Supply Chain Risk Management Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Supply Chain Risk Management Market
• 3.1 Global Supply Chain Risk Management Market Size 2018 - 2030, (USD Million)
• 3.2 Global Supply Chain Risk Management Value, Absolute & Opportunity Analysis
• 3.3 Global Supply Chain Risk Management Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Supply Chain Risk Management Market Statistics 2022: Snapshot
Chapter 4 Global Supply Chain Risk Management Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Supply Chain Risk Management Market by Component Segmentation Analysis (2018-2030)
Chapter 10 Global Supply Chain Risk Management Market by Deployment Segmentation Analysis (2018-2030)
Chapter 11 Global Supply Chain Risk Management Market by Enterprise Size Segmentation Analysis (2018-2030)
Chapter 12 Global Supply Chain Risk Management Market by End-use industry Segmentation Analysis (2018-2030)
Chapter 13 Global Supply Chain Risk Management Market Regional Analysis
Chapter 14 North America Supply Chain Risk Management Market Outlook (2018 - 2030)
Chapter 15 Europe Supply Chain Risk Management Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Supply Chain Risk Management Market Outlook (2018 - 2030)
Chapter 17 Latin America Supply Chain Risk Management Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Supply Chain Risk Management Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
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