Global Supply Chain Risk Management Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

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What Is the Supply Chain Risk Management Market Size and Projected Growth Rate?
Over the past few years, the market size for supply chain risk management has experienced significant growth. Projections show it expanding from $3.20 billion in 2024 to $3.47 billion in 2025, representing a compound annual growth rate (CAGR) of 8.4%. This growth in previous years is credited to the increased intricacies of global supply chains, a surge in the demand for robust and flexible supply chains, broadening of worldwide trade networks, a boost in cross-border and international freight transport, plus the emergence of smart logistics and automated warehouses.

Anticipated to see robust expansion in the upcoming years, the market size of supply chain risk management is projected to escalate to $4.75 billion by 2029, with a compound annual growth rate (CAGR) of 8.1%. This upswing during the estimated period can be ascribed to intensifying geopolitical issues, the upsurge in e-commerce and digital retail platforms, the escalation of cyber threats and data infringements, a growing emphasis on sustainability, and an augmented dependency on third-party suppliers and vendors. Noteworthy advancements during the prediction period encompass progress in AI and machine learning technologies, the requirement for real-time risk scrutiny, blockchain incorporation for supply chain safeguarding, tech-oriented innovations in risk evaluation tools, and the demand for automated and smart risk management solutions.

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What Are the Major Segments in the Supply Chain Risk Management Market?
The supply chain risk management market covered in this report is segmented -

1) By Component: Software, Services
2) By Deployment: On Premise, Cloud
3) By Enterprise Size: Large Enterprise, Small And Medium Enterprise
4) By End Use Industry: Retail And Consumer Goods, Healthcare And Pharmaceuticals, Manufacturing, Food And Beverages, Transportation And Logistics, Automotive, Other End Use Industries

Subsegments:
1) By Software: Risk Identification Software, Risk Assessment Software, Risk Mitigation Software, Risk Monitoring Software, Risk Analytics Software, Cloud-Based Software, On-Premises Software
2) By Service: Consulting Services, Implementation Services, Support And Maintenance Services

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What Are The Driving Supply Chain Risk Management Market Evolution?
The increasing occurrence of cybersecurity threats is anticipated to be a significant catalyst for the expansion of the supply chain risk management market. Cybersecurity threats, consisting malicious activities intended to jeopardize digital systems and data integrity, confidentiality, and availability, are on the rise due to the growing dependency on digital technology. This not only enlarges the attack surface but also provides cybercriminals more opportunities to exploit vulnerabilities. Creating awareness about cybersecurity threats assists supply chain risk management initiatives as it encourages organizations to examine and secure digital interactions with suppliers, thus mitigating risk of disruptions from cyber assaults on interconnected systems. For example, Check Point, a software company based in Israel, reported in July 2024, there was a 30% rise in weekly corporate network attacks during the second quarter of 2024 compared to the same period in 2023. Besides, there was an increase in attacks by 25% compared to the first quarter of 2024, indicating an escalating threat environment. Hence, burgeoning cybersecurity threats are expected to drive the growth of the supply chain risk management market.

Which Firms Dominate The Supply Chain Risk Management Market Segments?
Major companies operating in the supply chain risk management market are DHL International GmbH, accenture* plc, IBM Corporation, Oracle Corporation, SAP SE, Marsh LLC, L3Harris Technologies Inc., Moody's Corporation, Kroll Inc., Project44 Inc., Sphera Solutions Inc., MetricStream Inc., Global Healthcare Exchange LLC, Netwrix Corporation, Exiger Inc., Veriforce Inc., Resilinc Corporation, Interos Inc., Shippeo SAS, Altana AI Inc., Eclypsium Inc., Inverto GmbH, Everstream Analytics Inc., LogicManager Inc., Quantifind Inc.

What Trends Are Expected to Dominate the Supply Chain Risk Management Market in the Next 5 Years?
Leading companies in the supply chain risk management market are increasingly creating and deploying technology-rich solutions, such as platforms powered by artificial intelligence (AI), to react swiftly to fluctuating market dynamics and customer demands. These AI-driven platforms are digital tools that employ AI methodologies to automate operations, process data, and provide intelligent analysis or outcomes without needing regular human input. For example, in May 2024, Marsh McLennan, a professional services organization based in the USA, introduced Sentrisk. This ground-breaking, AI-enabled platform is streamlined to revolutionize how businesses manage worldwide supply chain risks. By marrying state-of-the-art analytics with top-tier advisory services, Sentrisk enables firms to proactively perceive and counter possible pitfalls in their supply chains. Using AI technology, it provides exhaustive mapping, risk evaluation, and features to enhance resilience. The aim of this solution is to bolster supply chain robustness and enhance risk management methodologies for businesses worldwide.

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Which Is The Largest Region In The Supply Chain Risk Management Market?
North America was the largest region in the supply chain risk management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the supply chain risk management 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 Supply Chain Risk Management Market?
2. What is the CAGR expected in the Supply Chain Risk Management Market?
3. What Are the Key Innovations Transforming the Supply Chain Risk Management Industry?
4. Which Region Is Leading the Supply Chain Risk Management Market?

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