Resilient Supply Chains Market Size is predicted to grow at a 12.5% CAGR during the forecast period for 2024-2031.
A resilient supply chain is the capability of an organization to tactfully resist and recover supply chain disruptions within its supply chain network. Hence, the adoption of resilient supply chains is expected to increase in the near future as concerns grow over the rapid change in market trends, unexpected challenges, economic crises, natural disasters, and geopolitical conflicts. The growing adoption of technologies owing to their predictive analytics, real-time monitoring, and efficient resource management is expected to drive the growth of the global resilient supply chains market.
The rising need for resilient supply chains in organizations to adapt to interruptions and maintain continuity in various industries are other factors expected to augment the target market growth. The increasing adoption of resilient supply chains among several organizations and industries to control unexpected events and reduce operational downtime globally is expected to boost market expansion in the coming years.
However, the high cost of resilient supply chains and complexities with new technologies, coupled with the COVID-19 outbreak, may limit the target market's growth during the forecast period. Furthermore, increasing R&D activities, government initiatives to use sustainable components for production, and investments by prominent players are expected to create lucrative growth opportunities in revenue for players operating in the global resilient supply chains market over the forecast period.
Competitive Landscape
Some of the Major Key Players in the Resilient Supply Chains Market are
- IBM Corporation
- SAP SE
- Oracle SE
- Microsoft Corporation
- Amazon Web Services, Inc.
- Cisco Systems, Inc.
- Infor
- Kinaxis Inc.
- E2open, LLC
- Descartes Systems Group Inc.
- Blue Yonder Group, Inc.
- Manhattan Associates, Inc.
- Epicor Software Corporation
- Coupa Software Incorporated
- Logility, Inc.
- JDA Software Group, Inc.
- HighJump
- LLamasoft, Inc.
- Kuebix
- Blume Global
- One Network Enterprises
- GEP Worldwide
- Ivalua Inc.
- Anaplan, Inc.
- Resilinc Corporation
Market Segmentation:
The resilient supply chain market is segmented based on type, application, component, enterprise size, deployment mode, and end-user. The market is segmented based on type as predictive analytics, inventory management, demand planning, risk management, and logistics optimization. The market is segmented by application into retail, manufacturing, healthcare, transportation & logistics, and energy & utilities. The market is segmented by component into software, hardware, and services. The market is segmented by enterprise size into small and medium enterprises and large enterprises. By deployment mode, the market is segmented into on-premises and cloud-based. By end user, the market is segmented into e-commerce, automotive, consumer goods, aerospace & defense, and pharmaceuticals.
Based on Type, the Predictive Analytics Segment is Accounted as a Major Contributor in the Resilient Supply Chains Market.
The predictive analytics category is expected to hold a major share of the global resilient supply chains market in 2023. This is attributed to predicting possible disruptions and empowering proactive measures—additionally, there is increasing demand for predictive analytics to manage inventory effectively, demand shifts, and mitigate risks.
The Retail Sector Segment Witnessed Growth at a Rapid Rate
The retail sector segment is projected to grow at a rapid rate in the global resilient supply chains market owing to meet consumer demands and safeguard product availability. Hence, with the growing technological advancement and data analytics to reduce disruptions and streamline operations, there is an increase in demand for resilient supply chains in the retail sector, especially in countries such as the US, Germany, the UK, China, and India.
In the Region, the North America Resilient Supply Chains Market Holds a Significant Revenue Share.
The North America resilient supply chains market is expected to register the highest market share in terms of revenue in the near future. This can be attributed to the strong focus on robust systems and advanced technology in the region, with the increasing adoption of resilient supply chains in different sectors, including retail, manufacturing, healthcare, and logistics. In addition, the region is focusing on investment in risk management and predictive analytics to mitigate disruptions and manage operational efficiency. The region pays attention to optimizing logistics to help with complexities in industrial and consumer needs. In addition, Asia Pacific is projected to grow at a rapid rate in the global resilient supply chains market due to the integration of innovative technologies to boost supply chains in various industries.
Recent Developments:
- In February 2024, Flexis AG, a software technology provider acquired by Blue Yonder. The acquisition motive is to increase and sharpen Blue Yonder’s benefits for industrial and automotive customers.
Resilient Supply Chains Market Report Scope
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Report Attribute |
Specifications |
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Growth Rate CAGR |
CAGR of 12.5% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, By Application, By Component, By Enterprise Size, By Deployment Mode, By End-User and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
IBM Corporation, SAP SE, Oracle SE, Microsoft Corporation, Amazon Web Services, Inc., Cisco Systems, Inc., Infor, Kinaxis Inc., E2open, LLC, Descartes Systems Group Inc., Blue Yonder Group, Inc., Manhattan Associates, Inc., Epicor Software Corporation, Coupa Software Incorporated, Logility, Inc., JDA Software Group, Inc., HighJump, LLamasoft, Inc., Kuebix, Blume Global, One Network Enterprises, GEP Worldwide, Ivalua Inc., Anaplan, Inc., and Resilinc Corporation. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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