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Major companies operating in the cognitive supply chain industry are:
These companies develop advanced technologies and solutions. They provide AI, cloud, and analytics-based platforms that enhance supply chain visibility, predictive analytics, and automation. This contributes to more efficient, agile, and sustainable supply chain operations for various industries, helping businesses adapt to evolving market demands and disruptions. These companies drive innovations and support businesses in improving their supply chain performance.
The on-premises deployment model segment held 66% of the market share in 2022, driven by the higher need to ensure low-latency processing and better integration with existing technologies. ?
The market size of cognitive supply chain reached USD 7.5 billion in 2022 and is set to register over 16% CAGR between 2023 and 2032, due to the booming e-commerce sector and its increasing supply chain demands worldwide.
North America market size was valued at USD 3 billion in 2022, owing to the robust technological infrastructure and the growing emphasis on supply chain optimization.
Few of the leading cognitive supply chain market players are IBM Corporation, Oracle, Amazon.com, Accenture plc, Intel Corporation, NVIDIA Corporation, and Honeywell International Inc.