The Artificial Intelligence In Supply Chain Global Market Report 2023, provides comprehensive information on the artificial intelligence in supply chain market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Artificial Intelligence In Supply Chain Market’s Growth:
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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Technological advancements are a key trend gaining popularity in artificial intelligence in the supply chain market. 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.
The artificial intelligence in supply chain market is segmented:
1) By Offering: Hardware, Software, Services
2) By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision
3) By Application: Fleet Management, Supply Chain Planning, Warehouse Management, Virtual Assistant, Risk Management, Freight Brokerage, Other Applications
4) By End-User: Automotive, Aerospace, Manufacturing, Retail, Healthcare, Consumer-Packaged Goods, Food And Beverages
North America was the largest region in the artificial intelligence in supply chain market in 2022.
The table of contents in TBRC’s artificial intelligence in supply chain market report includes:
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Top 5 Major Key Players Are:
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