Artificial Intelligence in Supply Chain Market Worth 10,110.2 Million USD by 2025

USA - English

• India - English

PUNE, India, June 27, 2018 /PRNewswire/ --

According to the new research report "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", published by MarketsandMarkets™, the market is expected to grow from USD 730.6 million in 2018 to USD 10,110.2 million by 2025, at a CAGR of 45.55% between 2018 and 2025. Major drivers for the market are the growth of big data, demand for greater visibility and transparency into supply chain data and processes, and adoption of AI for improving consumer services and their satisfaction. The major restraint for the market is the limited number of the artificial intelligent technology experts.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Browse 64 market data Tables and 44 Figures spread through 176 Pages and in-depth TOC on "Artificial Intelligence in Supply Chain Market - Global Forecast to 2025"

https://www.marketsandmarkets.com/Market-Reports/ai-in-supply-chain-market-114588383.html

Early buyers will receive 10% customization on this report 

Software market for artificial intelligence in supply chain expected to grow at the highest CAGR during forecast period 

The software market is expected to grow at the highest CAGR for artificial intelligence in supply chain by 2025. The adoption of AI-based software solutions is increasing as it has beginning to apply machine learning capabilities that can automatically detect errors and make course corrections while processing real-time data streams.

Retail end-user industry is expected to hold the largest market during the forecast period 

Of all the end-use industries, the retail industry expected to hold the largest market share in the AI in supply chain, as retail enterprises are focusing on the Omni Channel retail operation to compete successfully in today's retail environment driven by consumer behaviors such as search anywhere, shop anywhere, and deliver anywhere.

Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=114588383

North America expected to hold the largest market share; APAC to witness the highest growth rate 

North America is expected to hold the largest share and dominate the artificial intelligence in supply chain market between 2018 and 2025. North America, being technologically advanced, is a leader in the market. North America is the early adopter of the latest technology; moreover, awareness on the benefits of artificial intelligence is high in the region.  In addition, the presence of prominent AI technology providers, such as IBM (US), Google (US), Microsoft (US), NVIDIA (US), Intel (US), MetaMind (US), Tute Genomics (US), and Amazon (US), is complementing the growth of the market in this region.

The artificial intelligence in supply chain market in Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. The increasing adoption of deep learning and NLP technologies for various major applications is driving the market in APAC.

Know more about the Artificial Intelligence in Supply Chain Market: 

https://www.marketsandmarkets.com/Market-Reports/ai-in-supply-chain-market-114588383.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets