Artificial Intelligence in Supply Chain Market by Offering, Technology, Application (Fleet Management, Supply Chain Planning, Warehouse Management, Virtual Assistant, Freight Brokerage), End-User Industry, and Geography - Global Forecast to 2025
The artificial intelligence in supply chain market is expected to reach USD 10,110.2 million by 2025 from USD 527.5 million in 2017, at a CAGR of 45.55% during the forecast period. The base year considered for the study is 2017 and the forecast period is 20182025.
Objectives of the Study:
- To define, describe, and forecast the overall artificial intelligence in supply chain market segmented on the basis of offerings, technology, application, end-user industry, and region
- To forecast the size in terms of value of the market segments with respect to four major regionsNorth America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze opportunities in the market for various stakeholders by identifying high-growth segments of the artificial intelligence in supply chain market
- To analyze various strategic developments such as joint ventures, mergers and acquisitions, product launches, and research and development (R&D) activities in the artificial intelligence in supply chain market.
Research Methodology:
This research study incorporates the use of secondary sources, directories, and databases, such as D & B Hoovers, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect information useful for the extensive technical, market-oriented, and commercial study of the artificial intelligence in supply chain market. Primary sources mainly comprise several experts from core and related industries, along with preferred suppliers, manufacturers, distributors, service providers, technology developers, alliances, and standards and certification organizations related to various parts of this industrys value chain. In-depth interviews with various primary respondents, including key industry participants, subject matter experts (SMEs), C-level executives of key companies, and consultants have been conducted to obtain and verify critical qualitative and quantitative information, as well as assess prospects. The breakdown of the profiles of primaries has been depicted in the following figure:
To know about the assumptions considered for the study, download the pdf brochure
This report provides valuable insights into the ecosystem of the artificial intelligence in supply chain market. Major players in this market include Intel (US), NVIDIA (US), Xilinx (US), Samsung (South Korea), Micron(US), IBM (US), Google (US), Microsoft (US), and Amazon (US).
Key Target Audience:
- Semiconductor companies
- Technology providers
- Universities and research organizations
- System integrators
- Artificial intelligence in supply chain solution providers
- AI platform providers
- Cloud service providers
- Technology providers
- AI system providers
- Investors and venture capitalists
Scope of the Report:
The research report segments the artificial intelligence in supply chain market into the following subsegments:
Artificial Intelligence in Supply Chain Market, by Offering
- Hardware
- Software
- Services
Artificial Intelligence in Supply Chain Market, by Technology
- Machine Learning
- Natural Language Processing
- Context-aware Computing
- Computer Vision
Artificial Intelligence in Supply Chain Market, by Application
- Fleet Management
- Supply Chain Planning
- Warehouse Management
- Virtual Assistant
- Risk Management
- Freight Brokerage
- Others
Artificial Intelligence in Supply Chain Market, by End-user Industry
- Automotive
- Aerospace
- Manufacturing
- Retail
- Healthcare
- Consumer-packaged Goods
- Food and Beverages
- Others
Artificial Intelligence in Supply Chain Market, by Region
- North America
- Europe
- APAC
- RoW
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report.
- Company Information
- Detailed analysis and profiling of additional market players (up to 10)
Get more insight on other verticals of Semiconductor and Electronics Market Research Reports & Consulting
The artificial intelligence in supply chain market is expected to reach USD 10,110.2 million by 2025 from USD 730.6 million in 2018, at a CAGR of 45.55% during the forecast period. Growth in this market is mainly driven by factors such as growing big data, demand for greater visibility and transparency into supply chain data and processes, and adoption of AI for improving consumer services and satisfaction. The major restraint for the market is the limited number of the artificial intelligence technology experts.
In this report, the size of the artificial intelligence in supply chain market has been arrived at based on segments such as offerings, technology, application, end-user industry, and region. The market, by offering, is segmented into hardware, software, and services. The software segment is growing at a significant rate. The adoption of AI is increasing rapidly for various applications. Continuous developments have been witnessed in AI and related software development kits. Also, AI software is capable of behaving intelligently. Creating intelligent software involves simulating a number of capabilities, which include reasoning, learning, problem-solving, perception, and knowledge representation.
Depending on the technology, artificial intelligence in supply chain can be segmented into machine learning (ML), natural language processing (NLP), and context-aware computing, and computer vision. The market for computer vision is expected to grow at a higher rate. The growing adoption of computer vision for autonomous or semiautonomous applications in various industries, such as manufacturing and automotive, is propelling the growth of this technology in the artificial intelligence in supply chain market.
Moreover, the market has been segmented, on the basis of end-user industry, into automotive, aerospace, manufacturing, retail, healthcare, consumer-packaged goods, food & beverages, and others. Among all end-user industries, the market for consumer-packaged goods is expected to grow at the highest CAGR during the forecast period. The adoption of AI in consumer goods is increasing as it has ability to collect data, interact with customers, capture images, and more many of these changes are creating a permanent impact on customers expectations.
On the basis of region, the artificial intelligence in supply chain market has been segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). The market in APAC is expected to grow at the highest CAGR during the forecast period. Market growth can be attributed to increasing adoption of deep learning and NLP technologies for automotive, retail, and manufacturing applications in APAC. Moreover, the presence of major players in the artificial intelligence in supply chain ecosystem results in the increasing adoption of artificial intelligence in APAC.
However, the limited number of industry experts for artificial intelligence in supply chain is a major restraint for the market. Key players in this market focus on organic strategies, such as product launches, to expand their business and related offerings. Some of the players are Intel (US), NVIDIA (US), Xilinx (US), Samsung Electronics (South Korea), Micron Technology (US), IBM (US), Microsoft (US), and Amazon (US).
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Table of Contents
1 Introduction (Page No. - 16)
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for This Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 19)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 28)
4 Premium Insights (Page No. - 34)
4.1 Attractive Opportunities in the Artificial Intelligence in Supply Chain Market
4.2 Artificial Intelligence in Supply Chain Market, By Processor
4.3 Market for Fleet Management Application, By Technology
4.4 Market in APAC, By Application
4.5 Market, By Country
5 Market Overview (Page No. - 38)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth of Big Data
5.2.1.2 Demand for Greater Visibility and Transparency in Supply Chain Data and Processes
5.2.1.3 Adoption of AI to Improve Consumer Services and Satisfaction
5.2.2 Restraints
5.2.2.1 Limited Number of AI Experts
5.2.3 Opportunities
5.2.3.1 Growing Impact of Cloud-Based Supply Chain Solutions
5.2.3.2 Increasing Demand for Intelligent Business Process and Automation
5.2.3.3 Improving Operational Efficiency in Manufacturing Industry
5.2.4 Challenges
5.2.4.1 Difficulties in Data Integration From Multiple Sources
5.2.4.2 Concerns Regarding Data Privacy
5.3 Case Studies
5.3.1 A Leading Luxury Vehicles Manufacturer Employed IBM Watson to Improve Critical Parts Management
5.3.2 Splice Machine Partners With Intrigo to Provide Order Promising and Scheduling Solution for Infinera
5.3.3 UPS Chatbot Now Available VIA the Google Assistant
5.3.4 Panalpina Engaged With Clearmetal for Predictive Logistics
5.3.5 Cummins Using Llamasoft Demand Guru for Demand Modelling
6 Artificial Intelligence in Supply Chain Market, By Offering (Page No. - 44)
6.1 Introduction
6.2 Hardware
6.2.1 Processors
6.2.1.1 MPU
6.2.1.2 GPU
6.2.1.3 FPGA
6.2.1.4 ASIC
6.2.2 Memory
6.2.3 Network
6.3 Software
6.3.1 AI Platforms
6.3.1.1 Application Program Interface (API)
6.3.1.2 Machine Learning Framework
6.3.2 AI Solutions
6.4 Services
6.4.1 Deployment & Integration
6.4.2 Support & Maintenance
7 Artificial Intelligence in Supply Chain Market, By Technology (Page No. - 55)
7.1 Introduction
7.2 Machine Learning
7.2.1 Supervised Learning
7.2.2 Unsupervised Learning
7.2.3 Reinforcement Learning
7.2.4 Others
7.3 Natural Language Processing (NLP)
7.4 Context-Aware Computing
7.5 Computer Vision
8 Artificial Intelligence in Supply Chain Market, By Application (Page No. - 66)
8.1 Introduction
8.2 Fleet Management
8.3 Supply Chain Planning
8.4 Warehouse Management
8.5 Virtual Assistant
8.6 Risk Management
8.7 Freight Brokerage
8.8 Others
9 Artificial Intelligence in Supply Chain Market, By Industry (Page No. - 78)
9.1 Introduction
9.2 Automotive
9.3 Aerospace
9.4 Manufacturing
9.5 Retail
9.6 Healthcare
9.7 Consumer-Packaged Goods
9.8 Food & Beverages
9.9 Others
10 Geographic Analysis (Page No. - 88)
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Rest of APAC
10.5 Rest of the World
10.5.1 Middle East and Africa
10.5.2 South America
11 Competitive Landscape (Page No. - 112)
11.1 Introduction
11.2 Market Ranking Analysis
11.3 Competitive Situations and Trends
11.3.1 Product Launches (20162018)
11.3.2 Agreements, Partnerships, Collaborations, & Contracts
(20172018)
11.3.3 Mergers & Acquisitions (20162018)
11.3.4 Expansion (20162018)
12 Company Profiles (Page No. - 119)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.1 Key Players
12.1.1 NVIDIA
12.1.2 IBM
12.1.3 Intel
12.1.4 Xilinx
12.1.5 Samsung Electronics
12.1.6 Micron Technology
12.1.7 Microsoft
12.1.8 Amazon
12.1.9 SAP
12.1.10 Oracle
12.1.11 Logility
12.1.12 LLamasoft, Inc.
12.1.13 ClearMetal
12.1.14 Splice Machine
12.1.15 Cainiao Network (Alibaba)
12.1.16 FedEx
12.1.17 Deutsche Post AG DHL
12.2 Other Companies
12.2.1 Fraight AI
12.2.2 C. H.Robinson
12.2.3 E2open
12.2.4 Relex Solution
12.2.5 Teknowlogi
12.2.6 Presenso
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 167)
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customization
13.6 Related Reports
13.7 Author Details
List of Tables (64 Tables)
Table 1 Artificial Intelligence in Supply Chain Market, By Offering, 20152025 (USD Million)
Table 2 Market for Hardware, By Region, 20152025 (USD Million)
Table 3 Artificial Intelligence in Supply Chain Market, By Hardware, 20152025 (USD Million)
Table 4 Artificial Intelligence in Supply Chain Market, By Processor, 20152025 (USD Million)
Table 5 Market, By Processor, 20152025 (Thousand Units)
Table 6 Artificial Intelligence in Supply Chain Market for Software, By Region, 20152025 (USD Million)
Table 7 Market, By Software, 20152025 (USD Million)
Table 8 Artificial Intelligence in Supply Chain Market for AI Platforms, By Software, 20152025 (USD Million)
Table 9 Market for Services, By Region, 20152025 (USD Million)
Table 10 Artificial Intelligence in Supply Chain Market, By Service, 20152025 (USD Million)
Table 11 Market, By Technology, 20152025 (USD Million)
Table 12 Market for Machine Learning, By Region, 20152025 (USD Million)
Table 13 Market for Machine Learning, By Application, 20152025 (USD Million)
Table 14 Market for Machine Learning, By Type, 20152025 (USD Million)
Table 15 Market for Natural Language Processing, By Region, 20152025 (USD Million)
Table 16 Artificial Intelligence in Supply Chain Market for Natural Language Processing, By Application, 20152025 (USD Million)
Table 17 Market for Natural Language Processing, By Process, 20152025 (USD Million)
Table 18 Market for Context-Aware Computing, By Region, 20152025 (USD Million)
Table 19 Market for Context-Aware Computing, By Application, 20152025 (USD Million)
Table 20 Artificial Intelligence in Supply Chain Market for Computer Vision, By Region, 20152025 (USD Million)
Table 21 Market for Computer Vision, By Application, 20152025 (USD Million)
Table 22 Market, By Application, 20152025 (USD Million)
Table 23 Market for Fleet Management, By Technology, 20152025 (USD Million)
Table 24 Artificial Intelligence in Supply Chain Market for Fleet Management, By Region, 20152025 (USD Million)
Table 25 Market for Supply Chain Planning, By Technology, 20152025 (USD Million)
Table 26 Market for Supply Chain Planning, By Region, 20152025 (USD Million)
Table 27 Market for Warehouse Management, By Technology, 20152025 (USD Million)
Table 28 Artificial Intelligence in Supply Chain Market for Warehouse Management, By Region, 20152025 (USD Million)
Table 29 Market for Virtual Assistant, By Technology, 20152025 (USD Million)
Table 30 Market for Virtual Assistant, By Region, 20152025 (USD Million)
Table 31 Artificial Intelligence in Supply Chain Market for Risk Management, By Technology, 20152025 (USD Million)
Table 32 Market for Risk Management, By Region, 20152025 (USD Million)
Table 33 Artificial Intelligence in Supply Chain Market for Freight Brokerage, By Technology, 20152025 (USD Million)
Table 34 Market for Freight Brokerage, By Region, 20152025 (USD Million)
Table 35 Artificial Intelligence in Supply Chain Market for Other Application, By Technology, 20152025 (USD Million)
Table 36 Market for Others Application, By Region, 20152025 (USD Million)
Table 37 Artificial Intelligence in Supply Chain Market, By Industry, 20152025 (USD Million)
Table 38 Market for Automotive Industry, By Region 20152025 (USD Million)
Table 39 Market for Aerospace Industry, By Region 20152025 (USD Million)
Table 40 Market for Manufacturing Industry, By Region 20152025 (USD Million)
Table 41 Artificial Intelligence in Supply Chain Market for Retail Industry, By Region 20152025 (USD Million)
Table 42 Market for Healthcare Industry, By Region 20152025 (USD Million)
Table 43 Market for Consumer-Packaged Goods Industry, By Region 20152025 (USD Million)
Table 44 Artificial Intelligence in Supply Chain Market for Food & Beverages Industry, By Region 20152025 (USD Million)
Table 45 Market for Other Industry, By Region 20152025 (USD Million)
Table 46 Artificial Intelligence in Supply Chain Market, By Region, 20152025 (USD Million)
Table 47 Market in North America, By Offering, 20152025 (USD Million)
Table 48 Market in North America, By Technology, 20152025 (USD Million)
Table 49 Market in North America, By Application, 20152025 (USD Million)
Table 50 Market in North America, By Country, 20152025 (USD Million)
Table 51 Artificial Intelligence in Supply Chain Market in Europe, By Offering, 20152025 (USD Million)
Table 52 Market in Europe, By Technology, 20152025 (USD Million)
Table 53 Market in Europe, By Application, 20152025 (USD Million)
Table 54 Market in Europe, By Country, 20152025 (USD Million)
Table 55 Artificial Intelligence in Supply Chain Market in APAC, By Offerings, 20152025 (USD Million)
Table 56 Market in APAC, By Technology, 20152025 (USD Million)
Table 57 Market in APAC, By Application, 20152025 (USD Million)
Table 58 Market in APAC, By Country, 20152025 (USD Million)
Table 59 Artificial Intelligence in Supply Chain Market in RoW, By Offerings, 20152025 (USD Million)
Table 60 Market in RoW, By Technology, 20152025 (USD Million)
Table 61 Market in RoW, By Application, 20152025 (USD Million)
Table 62 Market in RoW, By Region, 20152025(USD Million)
Table 63 Ranking of Key Companies in the Market on the Basis of Hardware (2017)
Table 64 Ranking of Key Companies in Market on the Basis of Solution Providers (2017)
List of Figures (44 Figures)
Figure 1 Artificial Intelligence in Supply Chain Market: Research Design
Figure 2 Process Flow of Market Size Estimation
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Artificial Intelligence in Supply Chain Market for Software to Grow at the Highest CAGR Between 2018 and 2025
Figure 7 Market for Fleet Management to Grow at the Highest CAGR Between 2018 and 2025
Figure 8 Market for Computer Vision to Grow at the Highest CAGR Between 2018 and 2025
Figure 9 Market for Consumer-Packaged Goods to Grow at the Highest CAGR During the Forecast Period
Figure 10 Artificial Intelligence in Supply Chain Market in North America to Hold the Largest Share in 2018
Figure 11 Market in APAC to Grow at the Highest CAGR Between 2018 and 2025
Figure 12 Market for GPU to Grow at the Highest CAGR During the Forecast Period
Figure 13 Market for Computer Vision in Fleet Management to Grow at the Highest CAGR During the Forecast Period
Figure 14 Supply Chain Planning to Hold the Largest Share of the Market in APAC in 2018
Figure 15 Artificial Intelligence in Supply Chain Market in China to Grow at the Highest CAGR During the Forecast Period
Figure 16 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Market for Software to Grow at Highest CAGR During Forecast Period
Figure 18 Market for GPU to Grow at Highest CAGR During Forecast Period
Figure 19 Artificial Intelligence in Supply Chain Market for AI Platform to Grow at A Higher CAGR During Forecast Period
Figure 20 Market for Computer Vision to Grow at Highest CAGR During Forecast Period
Figure 21 Market for Speech Analytics to Grow at Highest CAGR During Forecast Period
Figure 22 Market for Fleet Management to Grow at Highest CAGR During Forecast Period
Figure 23 Artificial Intelligence in Supply Chain Market for Computer Vision in Warehouse Management to Grow at Highest CAGR During Forecast Period
Figure 24 Artificial Intelligence Market for Consumer-Packaged Goods to Grow at Highest CAGR During Forecast Period
Figure 25 Artificial Intelligence Market for Consumer-Packaged Goods in APAC to Grow at Highest CAGR During Forecast Period
Figure 26 Artificial Intelligence in Supply Chain Market in APAC to Grow at Highest CAGR From 2018 to 2025
Figure 27 Market in China to Grow at Highest CAGR Between 2018 and 2025
Figure 28 Market Snapshot: North America
Figure 29 Market Snapshot: Europe
Figure 30 AI in Supply Chain Market Snapshot: APAC
Figure 31 Companies Adopted Product Launches as the Key Growth Strategies Between 2015 and 2017
Figure 32 Nvidia: Company Snapshot
Figure 33 IBM: Company Snapshot
Figure 34 Intel: Company Snapshot
Figure 35 Xilinx: Company Snapshot
Figure 36 Samsung Electronics: Company Snapshot
Figure 37 Micron Technology: Company Snapshot
Figure 38 Microsoft: Company Snapshot
Figure 39 Amazon: Company Snapshot
Figure 40 SAP: Company Snapshot
Figure 41 Oracle: Company Snapshot
Figure 42 Logility : Company Snapshot
Figure 43 Fedex: Company Snapshot
Figure 44 DHL: Company Snapshot
Growth opportunities and latent adjacency in Artificial Intelligence in Supply Chain Market