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Artificial Intelligence in Supply Chain Market

Artificial Intelligence in Supply Chain Market Market Research Report – Segmented By Offering (Hardware, Software, Services), By Technology (Machine Learning, Natural Language Processing (Nlp), Context-aware Computing, Computer Vision), By Application (Fleet Management, Supply Chain Planning, Warehouse Management, Virtual Assistant, Risk Management, Freight Brokerage, Others), By Industry (Automotive, Aerospace, Manufacturing, Retail, Healthcare, Consumer-packaged Goods, Food & Beverages, Others) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

Artificial Intelligence in Supply Chain Market was valued at US $3.34 billion in 2021 and is projected to grow at 46.00% CAGR over the forecast period to reach US $32.38 billion by 2027. Artificial Intelligence in Supply Chain Market represented US $1.77 billion opportunity over 2019-2021 and estimated to create US $29.04 billion opportunity in 2027 over 2021.

Artificial Intelligence in Supply Chain Market Size (2019 - 2027), USD billion

Artificial Intelligence in Supply Chain from Consainsights analyses the Artificial Intelligence in Supply Chain Market in the Technology & Media industry over the forecast period to 2027.

Artificial Intelligence in Supply Chain research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Artificial Intelligence in Supply Chain segmentation includes Offering, Technology, Application, Industry and Geography.

Based on the Offering, the Artificial Intelligence in Supply Chain analysis covers Hardware, Software, Services.

In Offering segment, Hardware segment has highest cagr growth of 39.99%.

Revenue Share (%), By Offering (2021)

Based on the Technology, the Artificial Intelligence in Supply Chain analysis covers Machine Learning, Natural Language Processing (Nlp), Context-aware Computing, Computer Vision.

In Technology segment, Machine Learning segment has highest cagr growth of 39.99%.

Revenue Share (%), By Technology (2021)

Based on the Application, the Artificial Intelligence in Supply Chain analysis covers Fleet Management, Supply Chain Planning, Warehouse Management, Virtual Assistant, Risk Management, Freight Brokerage, Others.

In Application segment, Fleet Management segment has highest cagr growth of 39.99%.

Revenue Share (%), By Application (2021)

Based on the Industry, the Artificial Intelligence in Supply Chain analysis covers Automotive, Aerospace, Manufacturing, Retail, Healthcare, Consumer-packaged Goods, Food & Beverages, Others.

In Industry segment, Automotive segment has highest cagr growth of 39.99%.

Revenue Share (%), By Industry (2021)

Based on the region, the Artificial Intelligence in Supply Chain analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Key Players, Other Companies and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Offering

Introduction

In 2021, Hardware segment has the highest revenue of US $1.72 billion and is expected to grow at CAGR of 39.99% by 2027 Hardware segment has highest cagr growth of 39.99%.

Artificial Intelligence in Supply Chain Market Y-o-Y Growth (USD billion), By Offering 2019 - 2027
Artificial Intelligence in Supply Chain Market Size, By Offering, 2019-2027 (USD billion)

Hardware

Hardware segment was valued at US $0.80 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $16.61 billion by 2027. Hardware segment represented US $0.91 billion opportunity over 2019-2021 and estimated to create US $14.90 billion opportunity in 2027 over 2021.

Hardware - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Software

Software segment was valued at US $0.50 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $10.42 billion by 2027. Software segment represented US $0.57 billion opportunity over 2019-2021 and estimated to create US $9.34 billion opportunity in 2027 over 2021.

Software - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Services

Services segment was valued at US $0.26 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $5.35 billion by 2027. Services segment represented US $0.29 billion opportunity over 2019-2021 and estimated to create US $4.80 billion opportunity in 2027 over 2021.

Services - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Technology

Introduction

In 2021, Machine Learning segment has the highest revenue of US $1.49 billion and is expected to grow at CAGR of 39.99% by 2027 Machine Learning segment has highest cagr growth of 39.99%.

Artificial Intelligence in Supply Chain Market Y-o-Y Growth (USD billion), By Technology 2019 - 2027
Artificial Intelligence in Supply Chain Market Size, By Technology, 2019-2027 (USD billion)

Machine Learning

Machine Learning segment was valued at US $0.70 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $14.45 billion by 2027. Machine Learning segment represented US $0.79 billion opportunity over 2019-2021 and estimated to create US $12.96 billion opportunity in 2027 over 2021.

Machine Learning - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Natural Language Processing (Nlp)

Natural Language Processing (Nlp) segment was valued at US $0.58 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $12.02 billion by 2027. Natural Language Processing (Nlp) segment represented US $0.66 billion opportunity over 2019-2021 and estimated to create US $10.77 billion opportunity in 2027 over 2021.

Natural Language Processing (Nlp) - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Context-aware Computing

Context-aware Computing segment was valued at US $0.18 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $3.79 billion by 2027. Context-aware Computing segment represented US $0.21 billion opportunity over 2019-2021 and estimated to create US $3.40 billion opportunity in 2027 over 2021.

Context-aware Computing - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Computer Vision

Computer Vision segment was valued at US $0.10 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $2.12 billion by 2027. Computer Vision segment represented US $0.12 billion opportunity over 2019-2021 and estimated to create US $1.91 billion opportunity in 2027 over 2021.

Computer Vision - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Application

Introduction

In 2021, Fleet Management segment has the highest revenue of US $1.31 billion and is expected to grow at CAGR of 39.99% by 2027 Fleet Management segment has highest cagr growth of 39.99%.

Artificial Intelligence in Supply Chain Market Y-o-Y Growth (USD billion), By Application 2019 - 2027
Artificial Intelligence in Supply Chain Market Size, By Application, 2019-2027 (USD billion)

Fleet Management

Fleet Management segment was valued at US $0.61 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $12.65 billion by 2027. Fleet Management segment represented US $0.69 billion opportunity over 2019-2021 and estimated to create US $11.34 billion opportunity in 2027 over 2021.

Fleet Management - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Supply Chain Planning

Supply Chain Planning segment was valued at US $0.38 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $7.92 billion by 2027. Supply Chain Planning segment represented US $0.43 billion opportunity over 2019-2021 and estimated to create US $7.10 billion opportunity in 2027 over 2021.

Supply Chain Planning - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Warehouse Management

Warehouse Management segment was valued at US $0.24 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $5.03 billion by 2027. Warehouse Management segment represented US $0.28 billion opportunity over 2019-2021 and estimated to create US $4.51 billion opportunity in 2027 over 2021.

Warehouse Management - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Virtual Assistant

Virtual Assistant segment was valued at US $0.13 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $2.73 billion by 2027. Virtual Assistant segment represented US $0.15 billion opportunity over 2019-2021 and estimated to create US $2.45 billion opportunity in 2027 over 2021.

Virtual Assistant - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Risk Management

Risk Management segment was valued at US $0.10 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $2.10 billion by 2027. Risk Management segment represented US $0.11 billion opportunity over 2019-2021 and estimated to create US $1.88 billion opportunity in 2027 over 2021.

Risk Management - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Freight Brokerage

Freight Brokerage segment was valued at US $0.07 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $1.46 billion by 2027. Freight Brokerage segment represented US $0.08 billion opportunity over 2019-2021 and estimated to create US $1.31 billion opportunity in 2027 over 2021.

Freight Brokerage - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Others

Others segment was valued at US $0.02 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $0.50 billion by 2027. Others segment represented US $0.03 billion opportunity over 2019-2021 and estimated to create US $0.45 billion opportunity in 2027 over 2021.

Others - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Industry

Introduction

In 2021, Automotive segment has the highest revenue of US $1.29 billion and is expected to grow at CAGR of 39.99% by 2027 Automotive segment has highest cagr growth of 39.99%.

Artificial Intelligence in Supply Chain Market Y-o-Y Growth (USD billion), By Industry 2019 - 2027
Artificial Intelligence in Supply Chain Market Size, By Industry, 2019-2027 (USD billion)

Automotive

Automotive segment was valued at US $0.60 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $12.48 billion by 2027. Automotive segment represented US $0.68 billion opportunity over 2019-2021 and estimated to create US $11.19 billion opportunity in 2027 over 2021.

Automotive - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Aerospace

Aerospace segment was valued at US $0.38 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $7.83 billion by 2027. Aerospace segment represented US $0.43 billion opportunity over 2019-2021 and estimated to create US $7.02 billion opportunity in 2027 over 2021.

Aerospace - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Manufacturing

Manufacturing segment was valued at US $0.23 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $4.67 billion by 2027. Manufacturing segment represented US $0.26 billion opportunity over 2019-2021 and estimated to create US $4.19 billion opportunity in 2027 over 2021.

Manufacturing - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Retail

Retail segment was valued at US $0.13 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $2.78 billion by 2027. Retail segment represented US $0.15 billion opportunity over 2019-2021 and estimated to create US $2.49 billion opportunity in 2027 over 2021.

Retail - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Healthcare

Healthcare segment was valued at US $0.10 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $2.06 billion by 2027. Healthcare segment represented US $0.11 billion opportunity over 2019-2021 and estimated to create US $1.84 billion opportunity in 2027 over 2021.

Healthcare - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Consumer-packaged Goods

Consumer-packaged Goods segment was valued at US $0.06 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $1.32 billion by 2027. Consumer-packaged Goods segment represented US $0.07 billion opportunity over 2019-2021 and estimated to create US $1.18 billion opportunity in 2027 over 2021.

Consumer-packaged Goods - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Food & Beverages

Food & Beverages segment was valued at US $0.05 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $1.08 billion by 2027. Food & Beverages segment represented US $0.06 billion opportunity over 2019-2021 and estimated to create US $0.97 billion opportunity in 2027 over 2021.

Food & Beverages - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Others

Others segment was valued at US $0.01 billion in 2019 and is projected to grow at 39.99% CAGR over the forecast period to reach US $0.16 billion by 2027. Others segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.14 billion opportunity in 2027 over 2021.

Others - Historical, Forecast Market Sizes (USD billion), 2019 - 2027