pune, Maharashtra -- (SBWIRE) -- 05/24/2019 -- Artificial Intelligence in Supply Chain Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

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Introduction of artificial intelligence is a technological innovation of recent times, despite that fact; AI is massively used in various industries.

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Increasing use of technologies such as natural language processing (NLP), machine learning (ML), and context-aware computing and computer vision has grown the demand for AI in supply chain across the globe. Moreover, rising adoption of computer vision for semiautonomous or autonomous applications in multiple industries including automotive and manufacturing is further expected to drive the market's growth.

The demand for artificial intelligence has grown significantly in the last few years due to the advantages it provides. Rising use of big data, growing demand for greater transparency and visibility into supply chain data and processes, and increasing adoption of AI for improving consumer services and satisfaction are some of the other factors driving the demand in this market. Moreover, growing applicability of AI in various industries has further augmented the demand in this market.

The global artificial intelligence in supply chain market could be classified on basis of technology, application, end-user industry, and offerings. The end-user industry category can further be segmented into manufacturing, aerospace, automotive, retail, consumer packaged goods, healthcare, food and beverages, and others.

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In terms of offerings, the market is likely to be divided into software, hardware, and services. Of these, the software segment is expected to lead the market on accounts of the rising adoption of AI and related software development kits.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market