Smart And Mobile Supply Chain Solutions Market Size Projected To Reach $42.74 Billion By 2034 With A Cagr Of 14%

The Smart And Mobile Supply Chain Solutions Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Smart And Mobile Supply Chain Solutions Market?
Over the past few years, there has been significant growth in the market size for smart and mobile supply chain solutions. The market, which is anticipated to climb from $23.21 billion in 2024 to $25.3 billion in 2025, will expand at a 9.0% compound annual growth rate (CAGR). The phenomenal growth in the past can be credited to factors like the surge in globalization and intricate supply chains, the advancing e-commerce sector, the need for instantaneous visibility, as well as cost-cutting and operational efficiency.

In the years to come, the market for smart and mobile supply chain solutions is predicted to experience a swift escalation. By 2029, the market is estimated to reach a valuation of $42.74 billion, with a Compound Annual Growth Rate (CAGR) of 14.0%. This growth for the projected duration can be linked to the incorporation of blockchain technology, artificial intelligence (AI), machine learning (ML), sustainability measures in supply chains, resilience strategy, and risk control, in conjunction with the inclusion of 5G networks. The primary trends during this forecast period encompass progression in the realms of IoT and sensor technologies, expansion of mobile technology, data scrutiny and artificial intelligence, cloud computing, and blockchain technology.

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What Are the Different Smart And Mobile Supply Chain Solutions Market Segments?
The smart and mobile supply chain solutions market covered in this report is segmented -

1) By Solution: Transportation Management Systems (TMS), Warehouse Management Systems (WMS), Sourcing and Procurement, Supply Chain Planning (SCP), Manufacturing Execution Systems (MES)
2) By Enterprise Size: Small and Medium Enterprises, Large Enterprises
3) By End-User: Retail and Consumer Goods, IT and Telecom, Manufacturing, BFSI, Government, Energy and Utilities, Healthcare, Transportation and Logistics, Other End-Users

Subsegments:
1) By Transportation Management Systems (TMS): Fleet Management, Route Optimization, Carrier Management
2) By Warehouse Management Systems (WMS): Inventory Management, Order Fulfillment, Labor Management
3) By Sourcing And Procurement: Supplier Management, eProcurement Solutions, Spend Analysis
4) By Supply Chain Planning (SCP): Demand Forecasting, Supply Planning, Sales And Operations Planning (S AndOP)
5) By Manufacturing Execution Systems (MES): Production Monitoring, Quality Management, Resource Management

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What Are the Primary Drivers Shaping the Smart And Mobile Supply Chain Solutions Market?
The smart and mobile supply chain solutions market is poised to grow due to the accelerating acceptance of 5G networks. As the fifth iteration of the mobile network, 5G enhances speed and responsiveness in wireless networks. The superior speed, bandwidth, and reduced latency of the 5G network facilitate improved supply chain connectivity, providing stakeholders with a faster and more seamlessly connected experience throughout the supply chain. Based on a study held in 2022 by Verizon, a telecommunications company in the US, and Incisiv, a consumer industry insights firm also in the US, the total adoption of 5G is currently around 13%. This figure is projected to triple by 2024, which underscores the impact that the ascending adoption of 5G networks has on the growth of the smart and mobile supply chain solutions market.

Which Companies Are Leading in the Smart And Mobile Supply Chain Solutions Market?
Major companies operating in the smart and mobile supply chain solutions market include SAP SE, Oracle Corporation, JDA Software Group, Manhattan Associates Inc., Epicor Software Corporation, International Business Machines Corporation (IBM), The Descartes Systems Group Inc., Blue Yonder Group Inc., Infor, Magaya Corporation, Dassault Systèmes, Körber AG, Honeywell International Inc., Logility Inc., Kinaxis Inc., GT Nexus Inc., E2open LLC, BluJay Solutions, Elemica Inc., One Network Enterprises, Amber Road Inc., LeanLogistics Inc., MercuryGate International Inc., Transplace Inc., Freightgate Inc., Shipwell Inc., FourKites Inc., project44 Inc., Loadsmart Inc., Convoy Inc.

What Are the Major Trends Shaping the Smart And Mobile Supply Chain Solutions Market?
The primary trend emerging in the smart and mobile supply chain solutions sector is the progression in technology. To enhance transparency and efficiency, companies in this market are concentrating on incorporating various technologies like blockchain into their smart and mobile supply chain solutions. For example, in May 2024, GEP, a US company with cloud-based procurement and supply chain platforms such as GEP SMART and GEP NEXXE, introduced an AI-Driven Total Orchestration Solution capable of transforming enterprise procurement and supply chain operations. The concept behind GEP's AI-driven Total Orchestration Solution is to innovate on enterprise procurement and supply chain operations using technology advancements such as artificial intelligence, machine learning, and data analytics. This solution links GEP's proprietary platforms, GEP SMART for procurement and GEP NEXXE for supply chain management, providing a unified ecosystem that results in complete visibility, agility, and optimisation across the overall supply chain.

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What Are the Top Revenue-Generating Geographies in the Smart And Mobile Supply Chain Solutions Market?
North America was the largest region in the smart and mobile supply chain solutions market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart and mobile supply chain solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Smart And Mobile Supply Chain Solutions Market?
2. What is the CAGR expected in the Smart And Mobile Supply Chain Solutions Market?
3. What Are the Key Innovations Transforming the Smart And Mobile Supply Chain Solutions Industry?
4. Which Region Is Leading the Smart And Mobile Supply Chain Solutions Market?

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