Global Artificial Intelligence (AI) in Supply Chain Market to Reach $94.7 Billion by 2030
The global market for Artificial Intelligence (AI) in Supply Chain estimated at US$9.2 Billion in the year 2023, is expected to reach US$94.7 Billion by 2030, growing at a CAGR of 39.6% over the analysis period 2023-2030. AI Hardware, one of the segments analyzed in the report, is expected to record a 36.5% CAGR and reach US$35.7 Billion by the end of the analysis period. Growth in the AI Software segment is estimated at 42.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 37% CAGR
The Artificial Intelligence (AI) in Supply Chain market in the U.S. is estimated at US$3.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.3 Billion by the year 2030 trailing a CAGR of 37% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 35.3% and 33.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 26.4% CAGR.
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