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May 7, 2021, 12:09 p.m. EDT

Artificial Intelligence in Supply Chain Market to Surpass with CAGR of 45.3% and Garner Revenue of $21.8 Billion in 2020-2027-Exclusive Report By Meticulous Research

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May 07, 2021 (Heraldkeepers) -- Meticulous Research [(R)] - leading global market research company published a research report titled "Artificial Intelligence in Supply Chain Market by Component (Platforms, Solutions) Technology (, Computer Vision, Natural Language Processing), Application (Warehouse, Fleet, Inventory Management), & by End User - Global Forecast to 2027".

According to this latest publication from Meticulous Research [(R)] , the global artificial intelligence in the supply chain market is expected to grow at a CAGR of 45.3% from 2019 to reach $21.8 billion by 2027. Substantial growth in the global artificial intelligence in supply chain market is mainly attributing to the rising awareness of advanced technologies such as artificial intelligence and big data & analytics; consistent technological advancements in supply chain industry; and implementation of computer vision technology in both autonomous & semi-autonomous applications.

Incessantly growing number of IoT devices, rapidly increasing usage of internet, growing adoption of cloud services and AI-based business automation solutions are contributing to the growth of the market. Furthermore, technological transformation of the supply chain industry to enhance business visibility, risk management, inventory & warehouse management, supply chain planning, and automated quality inspections are also accelerating the demand for artificial intelligence. However, high procurement and operating costs coupled with the lack of internet infrastructure in some developing and underdeveloped countries is expected to hinder the market growth to a certain extent.

Download Free PDF Sample Copy of the Report (with COVID-19 Impact Analysis): https://www.meticulousresearch.com/download-sample-report/cp_id=5064

Global artificial intelligence in supply chain market study presents historical market data in terms of values (2017 & 2018), estimated current data (2019), and forecasts for 2027- by component (hardware, software, and services), by technology (machine learning, computer vision, natural language processing, cognitive computing, and context-aware computing), by application (supply chain planning, warehouse management, fleet management, virtual assistant, risk management, inventory management, and planning & logistics), and by end-user (manufacturing, food and beverages, healthcare, automotive, aerospace, retail, and consumer-packaged goods), and region. The study also evaluates industry competitors and analyzes the market country level.

Any Question | Speak to Analyst @ https://www.meticulousresearch.com/speak-to-analyst/cp_id=5064

Scope of the Report:

AI in Supply Chain Market by Component

  • Hardware

  • Software

  • Services

AI in Supply Chain Market by Technology

  • Machine Learning

  • Computer Vision

  • Natural Language Processing

  • Context-Aware Computing

AI in Supply Chain Market by Application

  • Supply Chain Planning

  • Warehouse Management

  • Fleet Management

  • Virtual Assistant

  • Risk Management

  • Inventory Management

  • Planning & Logistics

AI in Supply Chain Market by End-User

  • Manufacturing

  • Food and Beverages

  • Healthcare

  • Automotive

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