Artificial Intelligence in Supply Chain Market Industry Trends, Business Share, Size, New Opportunities and Forecast 2029

Artificial Intelligence in Supply Chain Market revenue is expected to grow at 45.5 % through 2023 to 2029, reaching nearly USD 46.15 Bn.

Artificial Intelligence in Supply Chain Market Report Scope and Research Methodology

The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Artificial Intelligence in Supply Chain industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators, spending patterns, and modernization trends across different regions.

Research Methodology:

To provide this comprehensive report, extensive research was conducted using a combination of primary and secondary sources. Data analysis, market trends, and industry insights were derived from reputable databases and expert opinions.

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What are Artificial Intelligence in Supply Chain Market Dynamics?

Market Drivers:

The market is driven by the need for transparent and observable supply chain processes. AI's utilization in logistics, particularly in warehouse stock management, inventory control, product safety, and on-time delivery, is contributing significantly to its growth. Government standards and initiatives aimed at promoting machine automation and AI computing are also propelling the market forward. Machine automation, supported by AI, helps reduce operating costs, making it an attractive option for large corporations. Recent trends indicate a growing reliance on AI in various supply chain segments, further boosting the industry.

Market Restraints:

One potential hurdle for the Artificial Intelligence in Supply Chain Market is the high operational costs associated with AI systems. Utility expenses can significantly impact overhead costs, posing challenges for businesses looking to adopt AI technology.

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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

by Application

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

Who are 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

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Regional Insights:

North America held the largest market share in 2022, driven by developed economies, key industry players, and a willingness to embrace advanced technology.

Asia Pacific is expected to experience the highest CAGR during the forecast period, driven by a rapidly developing economy, a tech-savvy population, increasing IoT adoption, rising disposable incomes, and the expanding use of computer vision and AI-based solutions in supply chain operations.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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