Evolution of AI in Logistics and Supply Chain Sector will Drive More Revenue to Companies

  • September 22, 2021
  • News
Evolution of AI in Logistics and Supply Chain Sector will Drive More Revenue to Companies
Evolution of AI in Logistics and Supply Chain Sector will Drive More Revenue to Companies

AI is Transforming global logistics and supply chain management. Various startups are investing in AI in logistics and supply chain management worldwide. Marble, a USA based company has done funding of $10Million to create a fleet of intelligent courier robots to reliably and securely transport the goods that people need and want. Ever tracker, Germany based company has funding of $1.2Million for offers a platform technology that matches Internet of Things applications with Artificial Intelligence. It enables movable and inaccessible objects to communicate to revolutionize logistics and supply chains.

The Global Artificial Intelligence (AI) in Logistics and Supply Chain Market Ecosystem was valued at USD 1.7 bn in 2018 and is expected to reach USD 12 Bn in 2027, growing at a CAGR of 24%.

The report overview includes studying the market scope, leading players like UPS, FedEx, CSX, McLane Company, DHL, etc., market segments and sub-segments, market analysis by type, application, geography. The report covers Leading Countries and analyzes the potential of the global AI in Logistics and Supply Chain industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis, and market entry strategy Analysis, opportunities, and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19.

Companies profiled in this AI in Logistics and Supply Chain Market report include:

  • Supply Side: IBM Corporation, Microsoft Corporation, Google LLC, and Amazon.com, Inc. Intel Corporation, Nvidia Corporation, Oracle Corporation
  • Demand-side: FedEx Corporation, UPS, FedEx, CSX, McLane Company, DHL, Cisco Systems, Colgate-Palmolive, Johnson & Johnson, Schneider Electric


Application Analysis: Global AI in Logistics and Supply Chain market also specifically underpins end-use application scope and their improvements based on technological developments and consumer preferences.

  • By Application (Fleet Management, Supply Chain Planning, Warehouse Management, Virtual Assistant, Risk Management, Freight Brokerage)
  • By End User (Automotive, Aerospace, Manufacturing, Retail, Healthcare, Others)


Product Type Analysis: Global AI in Logistics and Supply Chain market also specifically underpins type scope and their improvements based on technological developments and consumer preferences.

  • By Component (Micro Processors, Memory, Storage, FPGA, GPU, Camera, Sensors, Connectivity IC, Others)
  • By Offering (Service & Solution)
  • By Technology (Predictive Maintenance/Self Diagnostics, Machine learning, Deep learning, NLP, Computer Vision, Predictive Analytics, Others)
  • By Deployment (Cloud, On- Premises)


Regional overview of global AI in logistics and supply chain market

Based on geography, the global artificial intelligence in supply chain market is categorized into five major geographies, namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2020, North America commanded for the largest share of the global artificial intelligence in logistics and supply chain market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Artificial intelligence in supply chain and logistics is growing at a fast pace and so, by 2030, one-third of workers in the U.S. will need to switch occupations due to increased use of robotics.

The large share of the North American region is attributed to the presence of developed economies focusing on enhancing the existing solutions in the supply chain space, and the existence of major players in this market along with a high willingness to adopt advanced technologies.

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