Report Overview

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 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.

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

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

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. 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
3. Executive Summary
4. 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
5. 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
6. 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
7. 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
8. 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
9. 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
10. 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
11. 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.)
12. Impact of Covid-19 on Global AI in Supply Chain Market Industry
13. 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
14. 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