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Artificial Intelligence In Supply Chain Market 2023-2032: Opportunity Assessment, Technology Scouting, Future Scope And Major Players | Amazon.com Inc., Google LLC, Samsung Electronics Co Ltd., Microsoft Corporation, DHL Group
Artificial Intelligence In Supply Chain Market
The Business Research Company's Artificial Intelligence In Supply Chain Global Market Report 2023 identifies surge in the rate of penetration of internet users as the major driver for the Artificial Intelligence In Supply Chain Market's growth in the forecast period. Internet users have accessed the web in the past three months. With more people using the internet, information is collected and made accessible to all supply chain members online, allowing businesses to check inventory status, warehouse activity, and product movement much more quickly and easily. It enables the prediction of future consumer demand patterns while reducing the costs of overstocking unwanted inventory with the help of artificial intelligence (AI).
The global artificial intelligence in supply chain market is expected to grow from $2.29 billion in 2022 to $3.39 billion in 2023 at a compound annual growth rate (CAGR) of 47.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artificial intelligence in supply chain market is expected to reach $15.07 billion in 2027 at a CAGR of 45.2%.
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Major competitors in the artificial intelligence in supply chain market are Amazon.com Inc., Google LLC, Samsung Electronics Co Ltd., Microsoft Corporation, DHL Group, FedEx Corporation, General Electric Company, Intel Corporation, The International Business Machines Corp, Oracle Corporation, SAP SE, Micron Technology Inc., NVIDIA Corporation, C.H. Robinson Worldwide Inc., Havi Logistics AS, Cainiao Smart Logistics Network Limited, Zebra Technologies Corporation, Flexport Inc., Xilinx Inc., Echo Global Logistics Inc., Epicor Software Corporation, Blue Yonder Inc., Symbotic LLC, E2open LLC., C3.AI Inc, Relex Solutions Private Limited, DataRobot Inc, Splice Machine Inc., Covariant Inc, and Llamasoft Inc.
A key trend in the Artificial Intelligence In Supply Chain Market includes technological advancement. Major companies operating in the artificial intelligence supply chain market are adopting advanced technologies to sustain their position in the market. For instance, in April 2023, project44, a US-based software development company, launched Movement GPT, the first-ever AI supply chain assistant. Movement GPT can change the supply chain and finally produce an autonomous, self-repairing supply chain by utilizing the abilities of generative AI. With this ground-breaking improvement, visibility into the supply chain now has a highly engaging, natural language interface that makes it simpler than ever for users to obtain crucial data and control their shipments.
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The Artificial Intelligence In Supply Chain Market is segmented -
By Offering: Hardware, Software, Services
By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision
By Application: Fleet Management, Supply Chain Planning, Warehouse Management, Virtual Assistant, Risk Management, Freight Brokerage, Other Applications
By End-User: Automotive, Aerospace, Manufacturing, Retail, Healthcare, Consumer-Packaged Goods, Food And Beverages
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Artificial Intelligence In Supply Chain Market.
The Business Research Company's "Global Artificial Intelligence In Supply Chain Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Artificial Intelligence In Supply Chain Market Include:
1. Executive Summary
2. Artificial Intelligence In Supply Chain Market Characteristics
3. Artificial Intelligence In Supply Chain Market Trends And Strategies
4. Artificial Intelligence In Supply Chain Market - Macro Economic Scenario
5. Global Artificial Intelligence In Supply Chain Market Drivers and Restraints
……
32. Global Artificial Intelligence In Supply Chain Market Competitive Benchmarking
33. Global Artificial Intelligence In Supply Chain Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence In Supply Chain Market
35. Artificial Intelligence In Supply Chain Market Future Outlook and Potential Analysis
36. Appendix
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