Ai In Supply Chain Market

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AI In Supply Chain Market- Global Industry Size, Share, Growth, Opportunity and Forecast, 2018-2028, Segmented By Type (Hardware, Software, And Other Services); By Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision); By Application (Fleet Management, Supply Chain Planning, Warehouse Management, Virtual Assistant, Risk Management, Freight Brokerage, Others); By End User (Automotive, Aerospace, Manufacturing, Retail, Healthcare, Consumer-Packaged Goods, Food And Beverages And Others); By Region (North America, Europe, The Asia Pacific, Latin America, The Middle East, And Africa)

Published Date: March 2022
Report ID: BWC22072
Available Format: PDF
Page: 210

Report Overview

The global growth of AI in the supply chain market is aided by the rising attention of artificial intelligence, large statistics & analytics, and the widening implementation of computer vision in each autonomous & semi-autonomous program.

Global AI in Supply Chain Market - Industry Trends & Forecast Report 2028

The Global AI in the supply chain market was worth USD 5,610.8 Million in 2021, and it is further projected to reach USD 20,196.6 Million by 2028, at a CAGR of 20.5% during 2022-2028 (forecast period). The growth of AI in the supply chain can be attributed to the rising attention of artificial intelligence and large statistics & analytics and the widening implementation of computer vision in each autonomous and semi-autonomous program. In addition, consistent technological advancements coupled with rising demand for AI-primarily based enterprise automation solutions and evolving supply chain that complements developing commercial automation are providing opportunities for vendors providing AI solutions in the supply chain industry.

AI in Supply Chain Market

AI In Supply Chain Overview

Artificial intelligence (AI) has great economic, social, scientific, security, and environmental promise. AI structures can help humans collect new capabilities and training, democratize offerings, design and supply faster production instances. Faster new release cycles, utilization, Artificial Intelligence (AI) era permits machines to learn, document, mimic the knowledge provided with the aid of humans and create activities and options based totally on the available facts. AI generation is properly desirable for changing human efforts and running machines on their own without a human operator. This functionality is a prime pusher for the AI market in the logistics enterprise. In the supply chain & logistics market, huge quantities of information want to be treated. Advanced computing and coding centers have updated the machines to analyze the statistics processing in an accessible manner that enhances the workflow.

Global AI in Supply Chain Market Trends

Growth Drivers

Need for Transparent and Visible Work Procedures in The Supply Chain Industry

One of the primary market drivers for boosting the demand for AI in the supply chain market is the requirement for transparent and visible work strategies in the supply chain industry. The emergence of AI technology has created cognizance about large facts and analytics systems. In the supply chain market, there's a large utility of AI independent statistics processing in warehouse shares, management of stock, product protection, shipping on time, and many others. These are many crucial capabilities that pressure Artificial Intelligence (AI) in the supply chain market to rise market value that has aided the growing adoption of AI in supply chains.

Favorable Government Policies Towards Increasing Demand Of AI In Supply Chain Market

Various Governmental policies and initiatives promoting automation and AI computing in the supply chain are giving the market push. AI outputs reduce the need for human efforts, giving relaxation of money and time. This operational benefit of the usage of the AI era within the supply chain industry is a regular pusher of the market. Big organizations are coming ahead within the system automation area to reduce operational charges in future industries. Thus, governmental policies provide an excellent opportunity for the growth of global AI in the supply chain market.

Restraints

Inadequate Infrastructure Diminishing the AI Adoption in Supply Chain Market

The AI in the supply chain marketplace deals with restraints such as the shortage of suitable infrastructure in several countries. Nevertheless, a large segment of the worldwide supply chain market operates in manual mode. Converting the whole gadget changing current systems is a very luxurious enterprise. Also, the setup and procurement costing is very high in AI generation. The upkeep and operations require significant funding of time, electricity, and money, which will also increase the overhead fees. This is a major factor that restricts the growth of Artificial Intelligence (AI) in the supply chain business.

Impact of COVID-19 On The Global AI in Supply Chain Market

The deadly infectious disease COVID-19 fell upon the human race has been one of the most significant global crises of all time. The extraordinary situation of lockdowns in almost every nation has come along with the disease. For months, the stagnancy in global businesses, cross-border transportation, manufacturing, and distribution has severely affected emerging businesses. Artificial Intelligence (AI) in the supply chain market has faced prominent impacts due to the lockdowns. Furthermore, the lockdowns have put the global economies in a disastrous phase. There has been a lowering of investments in the development of AI solutions as well. Plus, the lack of trained staff in the workforce has been a primary reason that the Artificial Intelligence (AI) in supply chain market sales have reduced in the due process of time.

Global AI In Supply Chain Market– By Type

The Ai in the supply chain market is classified into hardware, software, and services. In 2021, the software segment held the greatest proportion of the overall AI market in the supply chain. The growing need for AI-based platforms and solutions might be attributed to this. They offer supply chain visibility through software, including inventory control, warehouse management, order procurement, and reverse logistics & tracking.

AI in Supply Chain Market Share

Global AI in Supply Chain Market- By Technology

AI in the supply chain market is segmented into machine learning, computer vision, natural language processing, and context-aware computing based on technology. The machine learning segment accounted for the largest share of AI in supply chain market in 2021. The growing need for AI-based intelligent solutions, expanding government initiatives, and AI solutions' capacity to efficiently handle and analyze huge data and quickly scan, parse, and react to abnormalities are all factors contributing to this growth.

Global AI In Supply Chain Market – By End-users

In terms of end-user, artificial intelligence in the supply chain market is broadly segmented into manufacturing, food & beverage, aerospace, retail, healthcare, automotive, and consumer packaged goods sectors. The retail industry occupied the largest share of the overall AI in the supply chain market in 2021, owing to increased demand for consumer retail products. Followed by the retail sector healthcare and automotive segment anticipated to grow at a higher CAGR during the forecast period, due to rising technological advancement and R&D in both the sector to streamline the operations.

Global AI In Supply Chain Market- Regional Insights

Based on the region, the global artificial intelligence in the supply chain market is categorized into five major geographies: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest share of the global artificial intelligence in supply chain market in 2021, owing to the presence of developed economies focusing on improving existing supply chain solutions and the presence of major players in the market and a high willingness to adopt advanced technologies. On the contrary, the Asia-Pacific region is projected to grow at the fastest CAGR during the forecast period.

Competitive Landscape

The competitive landscape of Global AI in the supply chain market is characterized by the presence of many local, regional, and global vendors. The Global AI in the supply chain market is highly competitive, with all the players continually competing to gain a larger market share. The key players in the global AI in the supply chain are FedEx, McLane Company, DHL, Amazon, CSX, XPO Logistics, C.H. Robinson, HUB Group, Burrus Logistics, Echo Global Logistics, Universal Logistics Holdings, Havi, Symbiotic, C3, TTEC, Uptake, Coyote Logistics, Zebra Technologies, Epicor Software, and Other prominent players.

Scope of Report

Attribute	Details
Years Considered	Historical data – 2018-2021
	Base Year – 2021
	Forecast – 2022 – 2028
Facts Covered	Revenue in USD Million
Market Coverage	United States, Canada, Germany, United Kingdom, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, United Arab Emirates, South Africa
Product/Service Segmentation	By type, by technology, by application, by end-user, by region
Key Players	The key players operating in the global AI in supply chain market are FedEx, McLane Company, DHL, Amazon, CSX, XPO Logistics, C.H.Robinson, HUB Group, Burrus Logistics, Echo Global Logistics, Universal Logistics Holdings, Havi, Symbiotic, C3, TTEC, Uptake, Coyote Logistics, Zebra Technologies, Epicor Software, and Other prominent players.

By Type

Hardware
Software
Services

By Technology

Machine Learning
Natural Language Processing
Context-aware Computing
Computer Vision
Others

By Application

Fleet Management
Supply Chain Planning
Warehouse Management
Virtual Assistant
Risk Management
Freight Brokerage
Others

By End-User

Automotive
Aerospace
Manufacturing
Retail
Healthcare
Consumer-packaged Goods
Food and Beverages
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Region
5. Assumption & Limitation
Executive Summary
Global AI in Supply Chain Market Insights
1. Industry Value Chain Analysis
2. DROC Analysis
  1. Growth Drivers
  2. Restraints
  3. Opportunities
  4. Challenges
3. Technological Landscape/Recent Development
4. Regulatory Framework
5. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Global AI in Supply Chain Market Overview
1. Market Size & Forecast by Value, 2018-2028
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
    1. Hardware
    2. Software
    3. Services
  2. By Technology
    1. Machine Learning
    2. Natural Language Processing
    3. Context-Aware Computing
    4. Computer Vision
    5. Others
  3. By Application
    1. Fleet Management
    2. Supply Chain Planning
    3. Warehouse Management
    4. Virtual Assistant
    5. Risk Management
    6. Freight Brokerage
    7. Others
  4. By End User
    1. Automotive
    2. Aerospace
    3. Manufacturing
    4. Retail
    5. Healthcare
    6. Consumer-packaged Goods
    7. Food and Beverages
    8. Others
  5. By Region
    1. North America
    2. Europe
    3. The Asia Pacific
    4. Latin America
    5. The Middle East and Africa
North America AI in Supply Chain Market
1. Market Size & Forecast by Value, 2018-2028
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By Technology
  3. By Application
  4. By End User
  5. By Country
    1. United States
    2. Canada
Europe AI in Supply Chain Market
1. Market Size & Forecast by Value, 2018-2028
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By Technology
  3. By Application
  4. By End User
  5. By Country
    1. Germany
    2. United Kingdom
    3. Italy
    4. France
    5. Spain
    6. Rest of Europe
The Asia Pacific AI in Supply Chain Market
1. Market Size & Forecast by Value, 2018-2028
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By Technology
  3. By Application
  4. By End User
  5. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of Asia Pacific
Latin America AI in Supply Chain Market
1. Market Size & Forecast by Value, 2018-2028
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By Technology
  3. By Application
  4. By End User
  5. By Country
    1. Brazil
    2. Mexico
    3. Rest of Latin America
The Middle East & Africa AI in Supply Chain Market
1. Market Size & Forecast by Value, 2018-2028
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Type
  2. By Technology
  3. By Application
  4. By End User
  5. ` By Country
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Rest of Middle East & Africa
Competitive Landscape
1. List of Key Players and Their Offerings
2. Market Share Analysis, 2021
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Development (Merger, Acquisition, Partnership.)
Impact of Covid-19 on Global AI in Supply Chain Market Industry
Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
1. FedEx
2. McLane Company
3. DHL
4. Amazon
5. CSX
6. XPO Logistics
7. C.H. Robinson
8. HUB Group
9. Burrus Logistics
10. Echo Global Logistics
11. Universal Logistics Holdings
12. Havi
13. Symbiotic
14. C3
15. TTEC
16. Uptake
17. Coyote Logistics
18. Zebra Technologies
19. Epicor Software
20. Other prominent players
Key Strategic Recommendations

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figures

Figure 1 Global AI in Supply Chain Segmentation

Figure 2 Global AI in Supply Chain Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2021

Figure 4 Global AI in Supply Chain Market Size, By Value (USD Million), 2018-2028

Figure 5 Global AI in Supply Chain Market Share, By Type, By Value, 2018-2028

Figure 6 Global AI in Supply Chain Market Share, By Technology, By Value, 2018-2028

Figure 7 Global AI in Supply Chain Market Share, By Application, By Value, 2018-2028

Figure 8 Global AI in Supply Chain Market Share, By End User, By Value, 2018-2028

Figure 9 Global AI in Supply Chain Market Share, By Region, By Value, 2018-2028

Figure 10 North America AI in Supply Chain Market Size, By Value (USD Million), 2018-2028

Figure 11 North America AI in Supply Chain Market Share, By Type, By Value, 2018-2028

Figure 12 North America AI in Supply Chain Market Share, By Technology, By Value, 2018-2028

Figure 13 North America AI in Supply Chain Market Share, By Application, By Value, 2018-2028

Figure 14 North America AI in Supply Chain Market Share, By End User, By Value, 2018-2028

Figure 15 North America AI in Supply Chain Market Share, By Country, By Value, 2018-2028

Figure 16 Europe AI in Supply Chain Market Size, By Value (USD Million), 2018-2028

Figure 17 Europe AI in Supply Chain Market Share, By Type, By Value, 2018-2028

Figure 18 Europe AI in Supply Chain Market Share, By Technology, By Value, 2018-2028

Figure 19 Europe AI in Supply Chain Market Share, By Application, By Value, 2018-2028

Figure 20 Europe AI in Supply Chain Market Share, By End User, By Value, 2018-2028

Figure 21 Europe AI in Supply Chain Market Share, By Country, By Value, 2018-2028

Figure 22 The Asia-Pacific AI in Supply Chain Market Size, By Value (USD Million), 2018-2028

Figure 23 The Asia-Pacific AI in Supply Chain Market Share, By Type, By Value, 2018-2028

Figure 24 The Asia-Pacific AI in Supply Chain Market Share, By Technology, By Value, 2018-2028

Figure 25 The Asia-Pacific AI in Supply Chain Market Share, By Application, By Value, 2018-2028

Figure 26 The Asia-Pacific AI in Supply Chain Market Share, By End User, By Value, 2018-2028

Figure 27 The Asia-Pacific AI in Supply Chain Market Share, By Country, By Value, 2018-2028

Figure 28 Latin America AI in Supply Chain Market Size, By Value (USD Million), 2018-2028

Figure 29 Latin America AI in Supply Chain Market Share, By Type, By Value, 2018-2028

Figure 30 Latin America AI in Supply Chain Market Share, By Technology, By Value, 2018-2028

Figure 31 Latin America AI in Supply Chain Market Share, By Application, By Value, 2018-2028

Figure 32 Latin America AI in Supply Chain Market Share, By End User, By Value, 2018-2028

Figure 33 Latin America AI in Supply Chain Market Share, By Country, By Value, 2018-2028

Figure 34 The Middle East & Africa AI in Supply Chain Market Size, By Value (USD Million), 2018-2028

Figure 35 The Middle East & Africa AI in Supply Chain Market Share, By Type, By Value, 2018-2028

Figure 36 The Middle East & Africa AI in Supply Chain Market Share, By Technology, By Value, 2018-2028

Figure 37 The Middle East & Africa AI in Supply Chain Market Share, By Application, By Value, 2018-2028

Figure 38 The Middle East & Africa AI in Supply Chain Market Share, By End User, By Value, 2018-2028

Figure 39 The Middle East & Africa AI in Supply Chain Market Share, By Country, By Value, 2018-2028

List of Tables

Table 1 Global AI in Supply Chain Market Size, By Type, By Value, 2018-2028

Table 2 Global AI in Supply Chain Market Size, By Technology, By Value, 2018-2028

Table 3 Global AI in Supply Chain Market Size, By Application, By Value, 2018-2028

Table 4 Global AI in Supply Chain Market Size, By End User, By Value, 2018-2028

Table 5 Global AI in Supply Chain Market Size, By Region, By Value, 2018-2028

Table 6 North America AI in Supply Chain Market Size, By Type, By Value, 2018-2028

Table 7 North America AI in Supply Chain Market Size, By Technology, By Value, 2018-2028

Table 8 North America AI in Supply Chain Market Size, By Application, By Value, 2018-2028

Table 9 North America AI in Supply Chain Market Size, By End User, By Value, 2018-2028

Table 10 North America AI in Supply Chain Market Size, By Country, By Value, 2018-2028

Table 11 Europe AI in Supply Chain Market Size, By Type, By Value, 2018-2028

Table 12 Europe AI in Supply Chain Market Size, By Technology, By Value, 2018-2028

Table 13 Europe AI in Supply Chain Market Size, By Application, By Value, 2018-2028

Table 14 Europe AI in Supply Chain Market Size, By End User, By Value, 2018-2028

Table 15 Europe AI in Supply Chain Market Size, By Country, By Value, 2018-2028

Table 16 The Asia-Pacific AI in Supply Chain Market Size, By Type, By Value, 2018-2028

Table 17 The Asia-Pacific AI in Supply Chain Market Size, By Technology, By Value, 2018-2028

Table 18 The Asia-Pacific AI in Supply Chain Market Size, By Application, By Value, 2018-2028

Table 19 The Asia-Pacific AI in Supply Chain Market Size, By End User, By Value, 2018-2028

Table 20 The Asia-Pacific AI in Supply Chain Market Size, By Country, By Value, 2018-2028

Table 21 Latin America AI in Supply Chain Market Size, By Type, By Value, 2018-2028

Table 22 Latin America AI in Supply Chain Market Size, By Technology, By Value, 2018-2028

Table 23 Latin America AI in Supply Chain Market Size, By Application, By Value, 2018-2028

Table 24 Latin America AI in Supply Chain Market Size, By End User, By Value, 2018-2028

Table 25 Latin America AI in Supply Chain Market Size, By Country, By Value, 2018-2028

Table 26 The Middle East & Africa AI in Supply Chain Market Size, By Type, By Value, 2018-2028

Table 27 The Middle East & Africa AI in Supply Chain Market Size, By Technology, By Value, 2018-2028

Table 28 The Middle East & Africa AI in Supply Chain Market Size, By Application, By Value, 2018-2028

Table 29 The Middle East & Africa AI in Supply Chain Market Size, By End User, By Value, 2018-2028

Table 30 The Middle East & Africa AI in Supply Chain Market Size, By Country, By Value, 2018-2028

Table 31 FedEx Company Overview

Table 32 FedEx Financial Overview

Table 33 McLane Company Company Overview

Table 34 McLane Company Financial Overview

Table 35 Amazon Company Overview

Table 36 Amazon Financial Overview

Table 37 CSX Company Overview

Table 38 CSX Financial Overview

Table 39 C.H. Robinson Company Overview

Table 40 C.H. Robinson Financial Overview

Table 41 Burrus Logistics Company Overview

Table 42 Burrus Logistics Financial Overview

Table 43 Echo Global Logistics Company Overview

Table 44 Echo Global Logistics Financial Overview

Table 45 Universal Logistics Holdings Company Overview

Table 46 Universal Logistics Holdings Financial Overview

Table 47 Havi Company Overview

Table 48 Havi Financial Overview

Table 49 Symbiotic Company Overview

Table 50 Symbiotic Financial Overview

Table 51 C3 Company Overview

Table 52 C3 Financial Overview

Table 53 TTEC Company Overview

Table 54 TTEC Financial Overview

Table 55 Uptake Company Overview

Table 56 Uptake Financial Overview

Table 57 Coyote Logistics Company Overview

Table 58 Coyote Logistics Financial Overview

Table 59 Zebra Technologies Company Overview

Table 60 Zebra Technologies Financial Overview

Market Segmentation

By Type

Hardware
Software
Services

By Technology

Machine Learning
Natural Language Processing
Context-aware Computing
Computer Vision
Others

By Application

Fleet Management
Supply Chain Planning
Warehouse Management
Virtual Assistant
Risk Management
Freight Brokerage
Others

By End-User

Automotive
Aerospace
Manufacturing
Retail
Healthcare
Consumer-packaged Goods
Food and Beverages
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

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Frequently Asked Questions (FAQs):

1. What is the current size of the global AI in the supply chain market?

Ans: The global AI in the supply chain market reached USD 5,610.8 Million in 2021 across the globe.

2. What are the major factors driving the growth of global AI in the supply chain market?

Ans: The global growth of AI in the supply chain market is aided by the rising attention of artificial intelligence along with large statistics & analytics and widening implementation of computer vision in each autonomous & semi-autonomous program.

3. Who are the key players in the Global AI in the supply chain market?

Ans: The key players operating in the global AI in supply chain market are FedEx, McLane Company, DHL, Amazon, CSX, XPO Logistics, C.H. Robinson, HUB Group, Burrus Logistics, Echo Global Logistics, Universal Logistics Holdings, Havi, Symbiotic, C3, TTEC, Uptake, Coyote Logistics, Zebra Technologies, Epicor Software, and other prominent players.

4. Which segment accounted for the largest share in the global AI supply chain market?

Ans: The machine learning segment accounted for the largest share in the global AI in the supply chain market.

5. Which region is growing at a higher rate in the global AI in supply chain market?

Ans: Asia-Pacific region is growing in the global AI supply chain market at a higher rate.

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