MarkNtel Advisors recently published a detailed industry analysis of the Artificial Intelligence in Supply Chain Market. The report covers growth trends, regional marketing strategies, challenges, opportunities, and drivers influencing the market.

Insights and Analysis of the Artificial Intelligence in Supply Chain Market (2022-2027)

The Global Artificial Intelligence in the Supply Chain market is anticipated to grow at a CAGR of around 37.89% during the forecast period, 2022-27.

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What is driving the Artificial Intelligence in Supply Chain market?

Key Drivers: Increasing Demand for Warehouse Automation Solution

The increasing demand for warehouse automation for various applications such as robotics, computer vision, and language processing tools to streamline warehouse operations led to the increased demand for Artificial Intelligence (AI) in recent years. In addition, there are several benefits of using AI in warehouse automation such as to improve productivity, increase accuracy, and enhancement of security, which would result in increased demand for AI in warehouse operations in the coming years.

 

Furthermore, using AI solutions result in a reduction of errors in warehouse operations. AI robots can wisely understand the warehouse environment, thus improving the accuracy of placing items & recovering them when required. In addition, warehouses utilize various technologies such as IoT, computer vision, and AI that helps to improve the accuracy during warehouse operations. Hence, the rising demand for warehouse automation solutions resulted in escalating the demand for AI-based services in the supply chain

What segments define the Artificial Intelligence in Supply Chain market from 2022-2027? How do these segments contribute to market dynamics and growth?

-By Application

-Fleet Management

-Supply Chain Planning

-Warehouse Management

-Virtual Assistant

-Machine Utilization

-Others (Risk Management, Freight Brokerage, etc.)

-By Technology

-Machine Learning

-Supervised Learning

-Unsupervised Learning

-Reinforcement

-Natural Language Processing (NLP)

-Context-Aware Computing

-Deep Learning

-Computer Vision

-By End User

-Automotive

-Aerospace

-Retail

-Food & Beverages

-Others (Healthcare, Energy, etc.)

-By Product Offering

-Hardware

-Processor

-Graphics Processing Unit (GPU)

-Vision Processing Unit (VPU)

-Field-Programmable Gate Array (FPGA)

-Application-Specific Integrated Circuit (ASIC)

-Others (Tensor Processing Unit (TPU), Microprocessor (MPU)

-Networking

-Memory

-Software

-AI Solutions

-AI Platform

-Application Program Interface (API)

-Machine Learning Framework

-Services

-Deployment & Integration

-Support & Maintenance

-By Deployment

-On-Premise

-Cloud

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-By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia Pacific

Who are the leading key players shaping the Artificial Intelligence in Supply Chain Market landscape?

Nvidia Corporation, Google LLC, SAP SE, SAS, Amazon Web Services (AWS), Verizon Communications Inc, AT&T Inc, Cisco Systems, Dell, Qlik, Others

Questions Addressed in this Study

1.What factors are driving the Artificial Intelligence in Supply Chain Market growth?

2.How is the Artificial Intelligence in Supply Chain Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Artificial Intelligence in Supply Chain Market?

4.What is the current size of the Artificial Intelligence in Supply Chain Market, and how is it projected to change in the future?

6.What is the future outlook for the Artificial Intelligence in Supply Chain Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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