What is AI in the Supply Chain?

AI in the Supply Chain refers to the use of artificial intelligence technologies such as machine learning, natural language processing, and computer vision to optimize various aspects of the supply chain, including inventory management, demand forecasting, logistics, and procurement.

How big is AI in Supply Chain Market?

The Global AI in Supply Chain Market size is expected to be worth around USD 157.6 Billion by 2033, from USD 4.5 Billion in 2023, growing at a CAGR of 42.7% during the forecast period from 2024 to 2033.

Which application segment is expected to dominate the AI in supply chain market?

In 2023, the Demand Forecasting segment held a dominant position in the AI in supply chain market, capturing more than a 35.3% share.

Who are the major players operating in the AI in supply chain market?

Some of the key players operating in the AI in supply chain market are IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, Google LLC, Amazon Web Services Inc., NVIDIA Corporation, Blue Yonder Group Inc., C3.ai Inc., Kinaxis Inc., Coupa Software, Anaplan Inc., Other Key Players

What are the key factors driving the growth of AI in supply chain market?

Several key factors are driving the growth of AI in the supply chain market. Firstly, the increasing complexity and globalization of supply chains have created a demand for advanced technologies to optimize operations and improve efficiency. Secondly, the proliferation of big data and IoT devices generates vast amounts of data that can be leveraged by AI algorithms for predictive analytics and real-time decision-making.

Global AI in Supply Chain Market By Component (Software, Hardware, Services), By Technology (Machine Learning, Computer Vision, Natural Language Processing (NLP), Other Technologies), By Application (Inventory Management, Demand Forecasting, Fleet Management, Supplier Management, Other Applications), By End-Use Industry (Retail, Transportation & Logistics, Automotive, Food & Beverage, Consumer Goods & Electronics, Healthcare, Other End-Use Industries), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: April 2024
Report ID: 118538
Number of Pages: 299
Format:

- IBM Corporation
- Microsoft Corporation Company Profile
- SAP SE Company Profile
- Oracle Corporation
- Google LLC
- Amazon Web Services Inc.
- NVIDIA Corporation
- Blue Yonder Group Inc.
- C3.ai Inc.
- Kinaxis Inc.
- Coupa Software
- Anaplan Inc.
- Other Key Players