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Rising Cybersecurity Threats Fueling The Growth Of The Market Due To Increasing Digital Vulnerabilities And Interconnected Systems: Powering Innovation and Expansion in the Global Supply Chain Risk Management Market by 2025

10-31-2025 05:17 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Supply Chain Risk Management

Supply Chain Risk Management

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How Large Will the Supply Chain Risk Management Market Size By 2025?_x000D_
In the last few years, the market size of supply chain risk management has seen a substantial growth. The market is projected to increase from $3.2 billion in 2024 to $3.45 billion in 2025 with a compound annual growth rate (CAGR) of 7.8%. The historic period's growth can be attributed to the escalation in global supply chain complications, an upswing in demand for supply chain resilience and agility, the growth of international trade networks, an increment in cross-border and international shipments, and the emergence of smart logistics and automated warehouses._x000D_
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How Big Is the Supply Chain Risk Management Market Size Expected to Grow by 2029?_x000D_
The market size of supply chain risk management is predicted to exhibit significant growth in the upcoming years, reaching a value of $4.67 billion by 2029 with a compound annual growth rate (CAGR) of 7.9%. The growth during the forecasted period is ascribed to factors such as escalating geopolitical conflicts, expansion in e-commerce and internet-based retail, rising cyber threats and data theft, enhanced emphasis on sustainability, and growing dependence on third-party suppliers and vendors. The forecast period is characterized by major trends like advancement in AI and machine learning technologies, increased demand for live risk monitoring, blockchain incorporation for supply chain security, tech innovations in risk evaluation tools, and the rising need for automated and smart risk management solutions._x000D_
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Which Key Market Drivers Powering Supply Chain Risk Management Market Expansion and Growth?_x000D_
The surge in cybersecurity threats are anticipated to spur the expansion of the supply chain risk management market in the future. Cybersecurity threats, defined as harmful actions designed to breach the security, authenticity, and accessibility of digital networks and information, are on the rise due to the increasing dependence on digital technology. This trend broadens the surface of attacks and gives cybercriminals more chances to find and exploit weaknesses. Awareness of these cybersecurity threats aids supply chain risk management by urging businesses to evaluate and secure their digital interactions with suppliers, therefore minimizing the risk of interruptions caused by cyberattacks on interlinked systems. For example, Check Point, a software company based in Israel, reported a 30% rise in weekly attacks on corporate networks in Q2 of 2024 compared to the same time in 2023, in July 2024. This was also indicated by a 25% increase in attacks in comparison to Q1 of 2024, pointing out a burgeoning threat environment. For these reasons, the escalating cybersecurity threats will accelerate the development of the supply chain risk management market._x000D_
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Which Fast-Growing Trends Are Poised to Disrupt the Supply Chain Risk Management Market?_x000D_
Key players in the market for supply chain risk management are creating highly sophisticated platforms, such as those powered by artificial intelligence (AI), in order to promptly adapt to ever-changing market dynamics and consumer demands. These platforms utilise AI technology for process automation, data analysis, and producing smart insights or responses without requiring ongoing human interaction. An example of this is Marsh McLennan, a professional services organization located in the US, who in May 2024 inaugurated Sentrisk. This revolutionary AI-led platform aims to revolutionize how companies manage global supply chain risks. It blends advanced analytics with specialist advisory services, thereby enabling businesses to actively spot and alleviate weakness in their supply chains. Through the use of AI, it presents a comprehensive mapping, risk analysis, and resilience development features. This platform was developed to fortify the resilience of the supply chain and refine risk management plans for businesses worldwide._x000D_
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What Are the Emerging Segments in the Supply Chain Risk Management Market?_x000D_
The supply chain risk managementmarket covered in this report is segmented - _x000D_
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1) By Component: Software, Services_x000D_
2) By Deployment: On Premise, Cloud_x000D_
3) By Enterprise Size: Large Enterprise, Small And Medium Enterprise_x000D_
4) By End Use Industry: Retail And Consumer Goods, Healthcare And Pharmaceuticals, Manufacturing, Food And Beverages, Transportation And Logistics, Automotive, Other End Use Industries_x000D_
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Subsegments: _x000D_
1) By Software: Risk Identification Software, Risk Assessment Software, Risk Mitigation Software, Risk Monitoring Software, Risk Analytics Software, Cloud-Based Software, On-Premises Software_x000D_
2) By Service: Consulting Services, Implementation Services, Support And Maintenance Services_x000D_
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Who Are the Global Leaders in the Supply Chain Risk Management Market?_x000D_
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. _x000D_
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Which are the Top Profitable Regional Markets for the Supply Chain Risk Management Industry?_x000D_
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._x000D_
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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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