Global Resilient Supply Chains Market Size, Share, and COVID-19 Impact Analysis, By Type (Predictive Analytics, Inventory Management, Demand Planning, Risk Management, and Logistics Optimization), By Application (Retail, Manufacturing, Healthcare, Transportation & Logistics, and Energy & Utilities), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Information & TechnologyGlobal Resilient Supply Chains Market Insights Forecasts to 2033
- The Market Size is Growing at a CAGR of 11.87% from 2023 to 2033
- The Worldwide Resilient Supply Chains Market Size is Expected to Hold a Significant Share by 2033
- Asia Pacific is Expected to Grow the fastest during the forecast period.
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The Resilient Supply Chains Market Size is Anticipated to Hold a Significant Share by 2033, Growing at 11.87% CAGR from 2023 to 2033. A resilient supply chain is one in which an organization can effectively resist and recover from supply chain interruptions within its network. As a result, the adoption of resilient supply chains is projected to increase shortly as worries develop about rapid changes in market trends, unexpected hurdles, economic crises, natural disasters, and worldwide disputes.
Market Overview
A resilient supply chain is defined by its ability to resist and recover. That includes being able to mitigate most supply chain interruptions and significantly reduce the effect of those that do occur. Operational risk and disruption can risk the supply chain as a whole, as well as company resilience. The capacity of a supply chain to prepare for, adjust to, and promptly recover from disturbances while preserving continuous operations is known as supply chain resilience. Resilient supply chains have a favorable influence on the bottom line, according to 97% of respondents in a 2022 study by HBR Analytic Services. It also demonstrates the readiness and willingness of strategic leaders to use supply chain resilience tactics. Countries and businesses alike are realizing the significance of strengthening their global supply networks to survive. The pandemic has given governments in Australia, Japan, and India some hard lessons, including the risk it is to depend entirely on one source of supply. These nations highlighted the necessity of regional collaboration on supply chain resilience in the Indo-Pacific region by announcing the establishment of the resilient supply chain initiative (RSCI) to reduce these risks. The worldwide resilient supply chain market is anticipated to increase as a result of the increasing adoption of technologies due to their efficient utilization of resources, real-time monitoring, and predictive analytics.
Report Coverage
This research report categorizes the market for the resilient supply chains market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the resilient supply chains market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the resilient supply chains market.
Resilient Supply Chains Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 11.87% |
Historical Data for: | 2019-2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 105 |
Segments covered: | By Type, By Application and By Region |
Companies covered:: | IBM Corporation, SAP SE, Oracle SE, Microsoft Corporation, Amazon Web Services, Inc., Descartes Systems Group Inc., Blue Yonder Group, Inc., Manhattan Associates, Inc., Epicor Software Corporation, Cisco Systems, Inc., Infor, Kinaxis Inc., E2open, LLC, Coupa Software Incorporated, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The resilient supply chains market is driven by several factors including additional variables probably to drive target market expansion including the growing demand for robust supply chains in enterprises to adapt to disruptions and preserve consistency across industries. Different sectors and companies will increasingly use resilient supply chains to manage unexpected events and minimize operational interruption worldwide, supporting market growth.
Restraining Factors
The resilient supply chains market is constrained by several factors including there is always the chance of small, regular problems such as flat tires, bad weather, or shipping damage, in addition to more significant delays like flooding or geopolitical conflicts. Any interruption, regardless of size, results in higher expenses, inventory shortages, and delayed deliveries.
Market Segmentation
The resilient supply chains market share is classified into type and application.
- The predictive analytics segment dominates the market with the highest market share through the forecast period.
Based on the type, the resilient supply chains market is categorized into predictive analytics, inventory management, demand planning, risk management, and logistics optimization. Among these, the predictive analytics segment dominates the market with the highest market share through the forecast period. This is due to the ability to prepare for potential disruptions and implement preemptive actions; also, there is an increasing need for predictive analytics to effectively manage inventory, demand shifts, and minimize risks.
- The retail segment is anticipated to grow at the highest CAGR during the forecast period.
Based on the application, the resilient supply chains market is categorized into retail, manufacturing, healthcare, transportation & logistics, and energy & utilities. Among these, the retail segment is anticipated to grow at the highest CAGR during the forecast period. The retail sector segment is expected to grow rapidly in the worldwide resilient supply chains market due to the need to meet customer demands and ensure product availability. As a result, with increasing technical innovation and data analytics to eliminate disruptions and optimize operations, there is a greater demand for robust supply chains in the retail industry, particularly in nations such as the United States, Germany, the United Kingdom, China, and India.
Regional Segment Analysis of the Resilient Supply Chains Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the resilient supply chains market over the predicted timeframe.
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North America is projected to hold the largest share of the resilient supply chains market over the predicted timeframe. The growing use of resilient supply chains across a range of industries, particularly manufacturing, logistics, retail, and healthcare, can be attributed to the region's strong emphasis on reliable systems and cutting-edge technology. Furthermore, the region is prioritizing investments in predictive analytics and risk prevention in order to control operational efficiency and minimize interruptions. When it comes to complex industry and consumer demands, the region focuses on logistics optimization.
Asia Pacific is expected to grow at the fastest CAGR growth in the resilient supply chains market during the forecast period. This dominance due to the resilient supply chain market is strong manufacturing base, major technology breakthroughs, and strategic geographical location. China and India are not only important manufacturing hubs, but they are also rapidly adopting digital technologies such as artificial intelligence and the Internet of Things to improve supply chain efficiency and visibility.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the resilient supply chains market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- IBM Corporation
- SAP SE
- Oracle SE
- Microsoft Corporation
- Amazon Web Services, Inc.
- Descartes Systems Group Inc.
- Blue Yonder Group, Inc.
- Manhattan Associates, Inc.
- Epicor Software Corporation
- Cisco Systems, Inc.
- Infor
- Kinaxis Inc.
- E2open, LLC
- Coupa Software Incorporated
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In February 2024, Blue Yonder purchased Flexis AG, a software technology business. The acquisition is intended to expand and polish Blue Yonder's advantages for commercial and automotive customers.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the resilient supply chains market based on the below-mentioned segments:
Global Resilient Supply Chains Market, By Type
- Predictive Analytics
- Inventory Management
- Demand Planning
- Risk Management
- Logistics Optimization
Global Resilient Supply Chains Market, By Application
- Retail
- Manufacturing
- Healthcare
- Transportation & Logistics
- Energy & Utilities
Global Resilient Supply Chains Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the global resilient supply chains market over the forecast period?The global resilient supply chains market is to expand at 11.87% during the forecast period.
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2. Which region is expected to hold the highest share of the global resilient supply chains market?The North America region is expected to hold the largest share of the global resilient supply chains market.
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3. Who are the top key players in the resilient supply chains market?The key players in the resilient supply chains market are IBM Corporation, SAP SE, Oracle SE, Microsoft Corporation, Amazon Web Services, Inc., Descartes Systems Group Inc., Blue Yonder Group, Inc., Manhattan Associates, Inc., Epicor Software Corporation, Cisco Systems, Inc., Infor, Kinaxis Inc., E2open, LLC, Coupa Software Incorporated, and others.
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