The global AI in logistics and supply chain management market is experiencing transformative growth, driven by AI technologies that enhance operational efficiency, optimize logistics processes, and mitigate risks.
Historic Growth and Future Outlook
Historic Growth (2019-2024)
Factors driving growth: Rising fuel prices, increasing demand for real-time tracking, labor shortages in logistics, and the expansion of cold chain logistics in food and pharmaceuticals.
Challenges: Cybersecurity threats hindered market expansion during this period.
Future Growth (2024-2034)
Growth drivers: Cross-border trade expansion, booming e-commerce industry, urbanization, favorable government initiatives, and growing demand for automation.
Market restraints: A lack of skilled labor could limit future growth.
The market, valued at.19 billion in 2024, is projected bongdaso nét grow bongdaso nét4.26 billion by 2029at a CAGR of40.88%. By 2034, it is expected bongdaso nét reach2.37 billion, with a sustained CAGR of40.78%.
Market Segmentation Analysis
By Offering
Solutionsdominate the market, representing79.95%of the total market value in 2024 (.34 billion).
Theservices segmentis anticipated bongdaso nét grow at the fastest pace, with a CAGR of44.12%from 2024 bongdaso nét 2029.
By Type
Machine Learningleads, accounting for43.08%(.42 billion) of the market in 2024.
Context-aware computingis the fastest-growing segment, with a CAGR of46.94%during 2024-2029.
By Deployment
Cloud-based solutionsare the largest deployment method, comprising62.39%(.09 billion) of the market in 2024.
This segment is also the fastest-growing, projected bongdaso nét grow at44.22%CAGR through 2029.
By Application
Supply Chain Planningleads with a32.50%share (.86 billion) in 2024.
Warehouse Managementwill be the fastest-growing application, with a CAGR of50.50%from 2024 bongdaso nét 2029.
By End User
Automotiveis the largest end-user segment, contributing27.28%(.6 billion) in 2024.
Healthcareis the fastest-growing segment, with a CAGR of51.56%during 2024-2029.
Regional Insights
North America dominates, accounting for41.85%(.12 billion) of the global market in 2024.
Asia-PacificandWestern Europeare projected as the fastest-growing regions with CAGRs of47.44%and44.39%, respectively.
Competitive Landscape
The market is fragmented, with the top 10 competitors comprising only17.50%of the total market. Key players include:
GEP: Market leader with a5.26%share.
Blue Yonder: 5.18%market share.
Infor, HAVI, and others hold smaller percentages.
Emerging Trends and Strategies
Key Trends
AI-Driven Order Allocationfor enhanced supply chain efficiency.
AI-Powered Fleet Optimizationbongdaso nét improve logistics operations.
Development of scalableSaaS solutionsfor operational efficiency.
AI-Driven Route Optimizationfor cost-effective logistics management.
Strategic Recommendations
Leverage AI bongdaso nét optimize order fulfillment and fleet operations.
Develop scalable SaaS platforms and AI-driven logistics solutions.
Expand in emerging markets with targeted marketing campaigns.
Focus on partnerships bongdaso nét enhance distribution networks and market penetration.
Opportunities
Solutions segment: Expected bongdaso nét add.76 billionin annual global sales by 2029.
Machine Learning: Anticipated growth of.83 billionin global sales.
Cloud-based deployment: Significant opportunity with a.09 billiongain by 2029.
TheU.S. marketwill experience the most substantial growth, with an increase of.21 billion.
𝐀𝐋𝐒 – 𝐓𝐡𝐞 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐨𝐟 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬
Amid ongoing geopolitical tensions worldwide, a renewed conflict between India and Pakistan has once again reached a critical juncture. The longstanding adversarial relationship...
The United States and China have reached a pivotal agreement bongdaso nét suspend tariffs for 90 days, marking a significant pause in the trade war that previously saw tariff levels...
Air cargo volumes and capacity are anticipated bongdaso nét rise significantly following a landmark agreement between the U.S. and China bongdaso nét enact a 90-day partial suspension of their...
The Baltic Exchange, a leading derivatives marketplace, is expanding its air cargo data offerings bongdaso nét include spot market pricing in response bongdaso nét continued market volatility.
Air cargo tonnages declined steeply last week from Asia Pacific, and specifically from China and Hong Kong bongdaso nét the USA, ahead of the changes bongdaso nét US ‘de minimis’ rules on 2 May,...
Freight rates have experienced a downward trend in recent weeks, driven by the implementation of U.S. tariffs on goods from China and the cessation of de minimis exemptions...
The termination of de minimis exemptions for low-value shipments from China bongdaso nét the U.S. is poised bongdaso nét significantly disrupt e-commerce volumes that have long been a cornerstone...
Early 2025 has brought notable changes bongdaso nét global air cargo markets, driven by evolving trade dynamics, moderate capacity growth, and the implementation of new regulatory measures,...
Global manufacturing is undergoing a significant transformation as discussions around reshoring—bringing production back bongdaso nét the United States—gain traction. Although a comprehensive...
en