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Global Artificial Intelligence (AI) in Supply Chain and Logistics Market Smart Solutions for Efficiency 2023 to 2030 | IBM, Google, Microsoft Corporation

08-16-2023 02:10 PM CET | Logistics & Transport

Press release from: INFINITY BUSINESS INSIGHTS

Global Artificial Intelligence (AI) in Supply Chain

Artificial intelligence (AI) in Supply Chain and Logistics Market size was estimated to be about USD 3,011 Million in 2023 and is expected to reach USD 68,598 Million by 2029, increasing at a compound annual growth rate (CAGR) of 48% from 2023 to 2029. The Artificial Intelligence (AI) in Supply Chain and Logistics Market refers to the use of AI technologies in various aspects of supply chain and logistics operations. These technologies include machine learning, natural language processing, and computer vision, among others. The goal of using AI in supply chain and logistics is to optimise operations, improve efficiency, and reduce costs.

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The Key companies profiled in the Artificial intelligence (AI) in Supply Chain and Logistics Market:

The study examines the Artificial intelligence (AI) in Supply Chain and Logistics Market's competitive landscape and includes data on IBM, Google, Microsoft Corporation, Amazon Web Services Inc, Oracle Corporation, SAP, Facebook, Alibaba, Baidu, Tencent & Others.

The AI in Supply Chain and Logistics Market is expected to grow significantly in the coming years. The growth of the market is being driven by the increasing demand for efficient and cost-effective supply chain and logistics operations. The COVID-19 pandemic has also accelerated the adoption of AI technologies in supply chain and logistics as companies look for ways to improve their operations in the face of disruptions. The report cites the increasing adoption of AI technologies in various aspects of supply chain and logistics operations, such as demand forecasting, inventory management, and transportation management, as key drivers of market growth. The report also highlights the increasing investment in AI technologies by companies in various industries, such as retail, manufacturing, and healthcare, as another key factor driving market growth. Additionally, the report notes that the increasing availability of big data and the growing use of cloud-based solutions are also expected to contribute to the growth of the market.

Global Artificial intelligence (AI) in Supply Chain and Logistics Market Segment by Type & Applications:

This report segments the Artificial intelligence (AI) in Supply Chain and Logistics Market on the basis of Types:
Articial neural networks, Machine learning, Other

On the basis of Application, the Artificial intelligence (AI) in Supply Chain and Logistics Market is segmented into:
Inventory control and planning, Transportation network design, Purchasing and supply management, Demand planning and forecasting, Other

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The AI in Supply Chain and Logistics Market is expected to grow at a faster pace in certain regions due to various factors. The North America region is expected to hold the largest market share in the AI in Supply Chain and Logistics Market due to the maturity of the technology and the presence of a large number of established players in the region. The region is also home to several leading companies in the supply chain and logistics industry, which is driving the adoption of AI technologies in the region. The Asia Pacific region is expected to grow at the fastest pace in the coming years due to the increasing demand for efficient supply chain and logistics operations in the region. The increasing adoption of AI technologies in various industries, such as retail and manufacturing, is also driving the growth of the market in the region. The Europe region is also expected to grow at a significant pace due to the increasing adoption of AI technologies by companies in the region. The increasing investment in AI technologies by governments in the region is also driving the growth of the market.

Cumulative Impact of COVID-19 on Market:
The Coronavirus pestilence has put firms constrained to rearrange and redesign the Artificial intelligence (AI) in Supply Chain and Logistics market. Organisations may likewise use imaginative examination to work on their logical styles and inform the executives methodology to change market situations. As of now, measures to forestall infection transmission, like travel impediments, lockdowns, and work at home and remote running principles, as well as evolving end-client conduct, are projected to assume a key part in driving market development over the estimated period.

The research methodology for this report involved a combination of primary and secondary research. Primary research involved in-depth interviews with industry experts and key players in the AI in Supply Chain and Logistics Market. Secondary research involved analysis of existing reports and publications on the market. The data collected was analysed using various statistical methods to arrive at the conclusions and forecasts presented in this report.

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Key Benefits of Artificial intelligence (AI) in Supply Chain and Logistics Market Report:
• Evaluation of the Parent Market: The report provides an all-inclusive evaluation of the parent market, helping businesses understand the broader industry dynamics.
• Examination of Market Aspects: The report explores the evolution of significant market aspects, identifying key factors influencing market growth and development.
• Investigation of Market Segments: A comprehensive analysis of market segments is conducted, enabling a deeper understanding of specific market areas.
• Market Share Analysis: The report assesses market share of key players and provides insights into their market positions.
• Tactical Approaches and Strategies: The report highlights the tactical approaches adopted by market leaders and offers lucrative strategies to help companies strengthen their market position.

Major Points from Table of Contents:
Chapter 1: Artificial intelligence (AI) in Supply Chain and Logistics Market Overview
Chapter 2: Company Profiles
Chapter 3: Artificial intelligence (AI) in Supply Chain and Logistics Market Competition, by Players
Chapter 4: Artificial intelligence (AI) in Supply Chain and Logistics Market Size Segment by Type
Chapter 5: Artificial intelligence (AI) in Supply Chain and Logistics Market Size Segment by Application
Chapter 6: North America by Country, by Type, and by Application
Chapter 7: Europe by Country, by Type, and by Application
Chapter 8: Asia-Pacific by Region, by Type, and by Application
Chapter 9: South America by Country, by Type, and by Application
Chapter 10: Middle East & Africa by Country, by Type, and by Application
Chapter 11: Research Findings and Conclusion
Chapter 12: Appendix...

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About Us:
Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.

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