The artificial intelligence in supply chain market size has observed dramatic growth in recent years. From $4.92 billion in 2024, the market is forecasted to reach $7.19 billion in 2025, marking a compound annual growth rate (CAGR) of 46.2%. This expansion in the historical period can be attributed to factors such as globalization, growing complexity in supply chain networks, heightened customer demand, e-commerce boom, and the push for real-time information availability.
Looking ahead, the artificial intelligence in supply chain market is expected to maintain its exponential growth trajectory. By 2029, the market size is projected to reach $30.81 billion with a CAGR of 43.9%. This anticipated growth in the forecast period can be traced to the increasing demand for predictive analytics in supply chain management, a heightened focus on sustainability, the proliferation of autonomous vehicles in logistics, and a growing demand for real-time inventory visibility. Major trends shaping the future of the market include the rise of machine learning for demand forecasting, the adoption of digital twins in supply chain optimization, growth in AI-powered robotic process automation, a renewed focus on supply chain resilience, and the surge in AI-driven chatbots for customer service in logistics.
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What’s Driving the Growth of Artificial Intelligence in Supply Chain Market?
One of the significant growth drivers for the artificial intelligence in supply chain market is the increase in internet usage. As more people join the internet, essential supply chain data becomes broadly accessible online, allowing businesses to check inventory status, warehouse activity, and product movement more quickly and efficiently. This accessibility, facilitated by artificial intelligence, allows businesses to stay ahead of future consumer demand patterns and minimize the costs associated with overstocking undesired inventory. For instance, Statistics Canada reported that internet usage among Canadians aged 15 and older increased from 92% in 2020 to 95% in 2022. This surge in internet penetration is a key factor pushing the artificial intelligence in supply chain market’s growth.
What Are the Major Segments Within the Global Artificial Intelligence in Supply Chain Market?
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
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Which Are the Major Players Operating in Artificial Intelligence in Supply Chain Market?
Top companies operating in the artificial intelligence in supply chain market include 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., among others.
What Are the Emerging Trends in the Artificial Intelligence in Supply Chain Market?
Recent technological advancements are a key emerging trend in the artificial intelligence in supply chain market. To secure their market positions, major companies operating in this space are adopting advanced technologies. For instance, in April 2023, US-based software development company, project44, launched Movement GPT, the first-ever AI supply chain assistant. Leveraging generative AI, Movement GPT promises to revolutionize supply chain visibility and control for companies.
Which Region Is Forecasted to Grow Fastest in the Artificial Intelligence in Supply Chain Market?
In 2024, North America was the most significant region in the artificial intelligence in supply chain market. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period.
What Is Defined as Artificial Intelligence in Supply Chain in the Market Report 2025?
Artificial intelligence in supply chain refers to human-intelligence simulation mechanisms’ utilization to organize and analyze substantial amounts of supply chain data, identify trends, and predict future challenges. It’s widely employed for inventory optimization and shortage management. The Artificial Intelligence In Supply Chain Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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