Artificial intelligence AI in Supply Chain and Logistics Market Insights Video
According to Cognitive Market Research, The Global Artificial intelligence AI in Supply Chain and Logistics market size is USD 1.9 million in 2024 and will expand at a compound annual growth rate (CAGR) of 50.50% from 2024 to 2031.
North America Artificial intelligence AI in Supply Chain and Logistics held the major market of around 40% of the global revenue with a market size of USD 0.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 48.7% from 2024 to 2031.
Europe Artificial intelligence AI in Supply Chain and Logistics accounted for a share of around 30% of the global market size of USD 0.57 million in 2024.
Asia Pacific Artificial intelligence AI in Supply Chain and Logistics held the market of around 23% of the global revenue with a market size of USD 0.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 52.5% from 2024 to 2031.
South America Artificial intelligence AI in Supply Chain and Logistics market of around 5% of the global revenue with a market size of USD 0.10 million in 2024 and will grow at a compound annual growth rate (CAGR) of 49.9% from 2024 to 2031.
Middle East and Africa Artificial intelligence AI in Supply Chain and Logistics held the major market of around 2% of the global revenue with a market size of USD 0.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 50.2% from 2024 to 2031.
The sales of software in AI for supply chain and logistics are projected to rise due to increased demand for scalable, customizable solutions offering real-time analytics, predictive insights, and seamless integration capabilities.
The sales of machine learning in AI for supply chain and logistics are poised to surge owing to its ability to optimize operations, forecast demand accurately, and automate decision-making processes, improving efficiency and profitability.
