Supply Chain Solutions Industry To Grow Substantially At A CAGR Of 15.00% From 2022 To 2030
The global supply chain solutions industry size reached USD 20.42 billion in 2022 and will witness a healthy CAGR of 15.0% during the forecast period 2023-2030, according to the " Supply Chain Solutions Industry Data Book, 2023 – 2030 ," published by Grand View Research. The rising adoption of the cloud for smart manufacturing operations and penetration of digital platforms have played a vital role in streamlining the supply chain. The advent of Industry 4.0, cloud computing, IoT connectivity, AI and analytics has enhanced the operational efficiency of products and factories. Stakeholders are likely to seek an organic approach to tap the potential to boost the agility of the supply chains. Innovators have exhibited traction for automation, AI and analytics to overcome supply chain uncertainties, including inflation, geopolitical events, component shortages, unanticipated demand surge and climate change. State-of-the-art technologies can call forth innovations and invest...