Artificial intelligence (AI) in Supply Chain and Logistics Market is Segmented by Type (Artificial neural networks, Machine Learning), by Application (Inventory control and planning, Transportation network design, Purchasing and supply management, Demand planning and forecasting): Global Opportunity Analysis and Industry Forecast, 2024-2030.
The Global Artificial intelligence (AI) in Supply Chain and Logistics Market was valued at USD 1713 Million in 2023 and is anticipated to reach USD 3377.2 Million by 2030, witnessing a CAGR of 10.1% during the forecast period 2024-2030.
Major Factors Driving the Growth of AI in Supply Chain and Logistics Market:
The market for supply chain and logistics artificial intelligence (AI) is expanding quickly due to the growing demand for operational efficiency and cost reduction. Artificial Intelligence (AI) technology, including robots, machine learning, and predictive analytics, are transforming supply chain operations through improved demand forecasting, inventory management, and decision-making skills.