AI in Supply Chain Management Solutions Forecast to Reach $15.5B globally by 2026
Dublin, June 14, 2021 (GLOBE NEWSWIRE) -- The "AI in Supply Chain Management and Industrial IoT 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
This research provides detailed analysis and forecasts for AI in SCM by solution (Platforms, Software, and AI as a Service), solution components (Hardware, Software, Services), management function (Automation, Planning and Logistics, Inventory Management, Fleet Management, Freight Brokerage, Risk Management, and Dispute Resolution), AI technologies (Cognitive Computing, Computer Vision, Context-aware Computing, Natural Language Processing, and Machine Learning), and industry verticals (Aerospace, Automotive, Consumer Goods, Healthcare, Manufacturing, and others).
This research also evaluates IIoT technologies, companies, applications, services, and solutions. Report forecasts include overall global and regional IIoT outlook as well as IIoT by industry vertical, software, hardware, and services for the period 2021 to 2026. Among the findings, the total global IIoT market is forecast to reach $912.7B by 2026, driven by manufacturing and healthcare. The report also sees private wireless implementations to be a major driver for IIoT adoption within all major production-oriented industries.
Select Research Findings:
AI in SCM solutions as a whole will reach $15.5B globally by 2026
The Asia Pac region is the largest and fastest-growing for AI in SCM
Cloud-based AI-as-a-Service for SCM will exceed $2.3B globally by 2026
AI SCM in edge computing for IoT enabled solutions will reach $4.8B by 2026
IIoT in manufacturing alone will reach $153.5 billion globally by 2026, growing at 17.9% CAGR
IIoT DaaS market for enterprise and industrial segments will reach $10.4 billion globally by 2026
IIoT data storage will reach $95.4 billion globally by 2026, led by manufacturing and healthcare verticals
Industrial Internet of Things (IIoT) solutions are poised to transform many industry verticals including healthcare, retail, automotive, and transport. For many industries, IIoT will significantly improve reliability, production, and customer satisfaction. While IIoT will initially improve existing processes and augmented current infrastructure, the ultimate goal will be to realize entirely new, and dramatically improved products and services.
Successful companies will be those that understand how and where IoT technologies and solutions will drive opportunities for operational improvements, new and enhanced products, and services, as well as completely new business models. IIoT will significantly improve reliability, production, and customer satisfaction. Initially focusing on improving existing processes and augmented current infrastructure, IIoT will rely upon as well as integrate with certain key technologies, devices, software, and applications.
Companies Mentioned
3M
ABB
Accenture
Adidas
AGT International
Amazon
ARM Holdings
Arvato SCM Solutions
ATOS
B+B SmartWorx
BASF
Basware
BMW
Bosch
C. H.Robinson
C3, Inc.
Cainiao Network (Alibaba)
Cisco Systems
ClearMetal
Coca-Cola Co.
Colgate-Palmolive
Coupa Software
Descartes Systems Group
Diageo
Digi International
E2open
Echelon Corporation
Elecsys Corporation
Epicor Software Corporation
FedEx
Fraight AI
General Electric
H&M
HighJump
Hitachi
Home Depot
HP Inc.
IBM
Inditex.
Infor Global Solutions
Intel
JDA
Johnson & Johnson
Kimberly-Clark
LLamasoft, Inc.
Logility
L'Oreal
Manhattan Associates
Micron Technology
Microsoft
Nestle
Nike
Novo Nordisk
NVidia
Oracle
PepsiCo
Presenso
PTC
Real Time Innovation
Relex Solution
Rockwell Automation
Sage
Samsung Electronics
SAP
Schneider Electric
SCM Solutions Corp.
Sensata Technologies
Siemens
Splice Machine
Starbucks
Teknowlogi
Unilever
Walmart
Wind River
Worldsensing
Wovyn LLC
Xilinx
For more information about this report visit https://www.researchandmarkets.com/r/ii0cqt
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