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Machine Learning in Supply Chain Management Market Share

Report ID: GMI10171
Published Date: Jul 2024
Report Format: PDF

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Machine Learning in Supply Chain Management Market Share

IBM, Amazon Web Services, and Microsoft Corporation hold a significant market share of over 12% in ML in Logistics market. The major players are focusing on innovation and strategic partnerships to strengthen their market position. They are developing more advanced AI algorithms and predictive analytics tools to address complex supply chain challenges. Many are integrating their ML solutions with IoT devices, blockchain, and cloud technologies to offer more comprehensive and scalable platforms. Companies such as IBM, SAP, and Oracle are enhancing their existing supply chain management software with AI capabilities, while tech giants such as Microsoft, Google, and Amazon are leveraging their cloud and AI expertise to offer specialized supply chain solutions.

Moreover, these companies are also focused on expanding their service offerings, providing not just software but end-to-end solutions including consulting, implementation, and managed services. Furthermore, there's a growing emphasis on industry-specific solutions, with players tailoring their ML tools for sectors including retail, manufacturing, and healthcare, thus attracting new customers.

Machine Learning in Supply Chain Management Market Companies

Major players operating in the machine learning in supply chain management industry are:

Amazon Web Services, Inc. (AWS)
Blue Yonder Group, Inc.
C.H. Robinson Worldwide, Inc.
Coupa Software Inc.
DHL Supply Chain
FedEx Corporation
Google LLC
International Business Machines Corporation (IBM)
Manhattan Associates, Inc.
Microsoft Corporation
Oracle Corporation
SAP SE

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of machine learning in supply chain management reached USD 1.5 billion in 2023 and is set to witness over 29% CAGR from 2024 to 2032, owing to the enhanced demand forecasting, inventory optimization, and risk management worldwide.

Machine learning in supply chain management industry from the software segment recorded over USD 1 billion in 2023, due to businesses becoming more comfortable with ML.

North America market held 30% share in 2023, attributed to the businesses operating in highly competitive markets with complex and geographically dispersed supply chains in the region.

DHL Supply Chain, FedEx Corporation, Google LLC, International Business Machines Corporation (IBM), Manhattan Associates, Inc., Microsoft Corporation, Oracle Corporation, and SAP SE, are some of the major machine learning in supply chain management companies worldwide.