The Business Research Company’s Artificial Intelligence In Supply ChainGlobal Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Artificial Intelligence In Supply ChainGlobal Market Report 2023evaluates artificial intelligence in supply chain market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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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%.
The surge in the rate of penetration of internet users is expected to propel the growth of artificial intelligence in the supply chain market going forward. Internet users have accessed the web in the past three months. With more people using the internet, information is collected and made accessible to all supply chain members online, allowing businesses to check inventory status, warehouse activity, and product movement much more quickly and easily. It enables the prediction of future consumer demand patterns while reducing the costs of overstocking unwanted inventory with the help of artificial intelligence (AI). For instance, in July 2023, according to Statistics Canada, a Canada-based government agency for national statistics, internet usage among Canadians aged 15 and older increased from 92% in 2020 to 95% in 2022. Further, Canadians 75 years of age and older experienced the biggest increase, from 62% in 2020 to 72% in 2022. Therefore, the surge in the rate of penetration of internet users is driving the growth of artificial intelligence in the supply chain market.
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The artificial intelligence in supply chain market segments in the report are:
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
Top Major Players:
Johnson And Johnson Private Limited
Pfizer Inc
F. Hoffmann-La Roche AG
AbbVie Inc
Bayer AG
North America was the largest region in the atherosclerosis drugs market in 2022.
The table of contents in TBRC’s artificial intelligence in supply chain market report includes:\
1. Executive Summary
2. Atherosclerosis Drugs Market Characteristics
3. Atherosclerosis Drugs Market Trends And Strategies
4. Atherosclerosis Drugs Market – Macro Economic Scenario
5. Global Atherosclerosis Drugs Market Drivers and Restraints
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32. Global Atherosclerosis Drugs Market Competitive Benchmarking
33. Global Atherosclerosis Drugs Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Atherosclerosis Drugs Market
35. Atherosclerosis Drugs Market Future Outlook and Potential Analysis
36. Appendix
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