Resilient Supply Chains Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Resilient Supply Chains Market- (By Type: Predictive Analytics, Inventory Management, Demand Planning, Risk Management, Logistics Optimization; By Application: Retail, Manufacturing, Healthcare, Transportation & Logistics, Energy & Utilities; By End User:, E-commerce, Automotive, Consumer Goods, Aerospace & Defense, Pharmaceuticals; By Deployment Mode, By Component, By Enterprise Size, By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2031.”
According to the latest research by InsightAce Analytic, the Global Resilient Supply Chains Market is expected to grow with a CAGR of 12.5% during the forecast period of 2024-2031.
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The ability of an organization to gracefully withstand and recover from supply chain disturbances inside its supply chain network is known as resilience. Due to growing concerns over the rapid change in market trends, unexpected challenges, economic crises, natural disasters, and geopolitical conflicts are expected to increase in the coming years. Growing adoption of technologies owing to predictive analytics, real-time monitoring, and efficient resource management in various industries are among the other factors expected to boost the growth of the global resilient supply chains market. Moreover, shifting consumer preferences, growing urbanization and high disposable income are expected to create potential revenue opportunities for players operating in the global Resilient Supply Chains market. High investments by major players and new advancements for developing various end-use products have created lucrative revenue opportunities for major manufacturers and suppliers of Resilient Supply Chains. Favorable government initiatives to promote the use of resilient supply chains owing to vehicle emissions and other environmental concerns are expected to support the growth of the target market. Growing innovations in AI and machine learning drive the market demand for Resilient Supply Chains and ultimately increase competition, thereby boosting market growth.
List of Prominent Players in the Resilient Supply Chains Market:
• Amazon Web Services, Inc.
• Anaplan, Inc.
• Blue Yonder Group, Inc.
• Blume Global
• Cisco Systems, Inc.
• Coupa Software Incorporated
• Descartes Systems Group Inc.
• E2open, LLC
• Epicor Software Corporation
• GEP Worldwide
• HighJump
• IBM Corporation
• Infor
• Ivalua Inc.
• JDA Software Group, Inc.
• Kinaxis Inc.
• LLamasoft, Inc.
• Logility, Inc.
• Manhattan Associates, Inc.
• Microsoft Corporation
• One Network Enterprises
• Oracle SE
• Resilinc Corporation
• SAP SE
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Market Dynamics:
Drivers:
Growing demand for a resilient supply chain owing to its properties, such as resisting and recovering supply chain disruptions, is a key factor expected to drive the growth of the target market. Increasing changes in market trends, economic crises, natural disasters, unexpected challenges, and geopolitical conflicts are other factors expected to contribute significant revenue share in the global Resilient Supply Chains market. Additionally, the rising adoption of technologies due to their predictive analytics, real-time monitoring, and others is a factor expected to augment the growth of the global Resilient Supply Chains market.
Challenges:
The prime challenge is the lack of awareness and commercialization regarding bio-based products in developing countries, which is predicted to reduce the growth of the resilient supply chains market. However, the high cost of resilient supply chains and complexities with advanced technologies are factors expected to hamper the overall growth of the resilient supply chains market over the coming years. Owing to the COVID-19 pandemic, the number of cases has been increasing, which led to a global or partial shutdown to maintain social distancing. According to a recent update, the industries are facing unprecedented economic losses due to disruptions in global supply chains for key players operating in the global resilient supply chains market. Distributors, suppliers, and retailers find technological solutions to deal with the shutdown.
Regional Trends:
The North American resilient supply chains market is expected to register a major market share in terms of revenue. It is projected to grow at a high CAGR in the near future. Growing focus on robust systems and advanced technology, rapid urbanization, and increasing industrialization, coupled with increasing R&D activities by prominent players, are factors expected to increase the growth of the resilient supply chains market in the region. Besides, Europe had a substantial share in the market due to its developed economy and growing adoption of the technology. This is due to the adoption of new strategies by the major players in the resilient supply chains market. Moreover, the presence of key market players and increasing collaboration among major players for market penetration in the region provides the opportunity for growth of the global resilient supply chains market.
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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.
Segmentation of Resilient Supply Chains Market
Resilient Supply Chains Market- By Type
• Predictive Analytics
• Inventory Management
• Demand Planning
• Risk Management
• Logistics Optimization
Resilient Supply Chains Market- By Application
• Retail
• Manufacturing
• Healthcare
• Transportation & Logistics
• Energy & Utilities
Resilient Supply Chains Market- By Component
• Software
• Hardware
• Services
Resilient Supply Chains Market- By Enterprise Size
• Small and Medium Enterprises
• Large Enterprises
Resilient Supply Chains Market- By Deployment Mode
• On-Premises
• Cloud-Based
Resilient Supply Chains Market- By End-User
• E-Commerce
• Automotive
• Consumer Goods
• Aerospace & Defense
• Pharmaceuticals
Resilient Supply Chains Market- By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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This release was published on openPR.
