Delray Beach, FL, Aug. 12, 2025 (GLOBE NEWSWIRE) — According to MarketsandMarkets™, the Supply Chain Security Market size is estimated to grow from USD 2.52 Billion in 2024 to USD 5.14 Billion by 2030 at a compound annual growth rate (CAGR) of 12.6% during the forecast period.
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Supply Chain Security Market Dynamics:
Drivers
- Rising incidences of cyberattacks across supply chains
- Growing need for supply chain transparency
Restraints
- Budgetary constraints among small and emerging start-ups in developing economies
- Shortage of skilled professionals
Opportunities
- Rapid growth in eCommerce sector
- Advancing risk prediction and management in supply chains
List of Key Players in Supply Chain Security Market:
- IBM (US)
- Emerson (US)
- Oracle (US)
- NXP Semiconductors (Netherlands)
- Testo (Germany)
- Orbcomm (US)
- Sensitech (US)
- Elpro (Switzerland)
- Rotronic (Switzerland)
- Berlinger & CO. (Switzerland)
These players not only have a comprehensive and diverse product portfolio but also have a strong geographic presence. These players can focus on developing innovative supply chain security technologies and offerings owing to the emergence of new application areas for supply chain security.
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Supply chain security is evolving through innovation by means of blockchain technology, AI-powered analytics, and IoT-enabled devices. Some of the new blockchain innovations include real time decentralized tracking with immutable records to promote traceability and eliminate fraudulent dealings especially in pharmaceuticals as well as food supply chains. On the other side, AI and ML technologies enhance risk management by predicting vulnerabilities, detect anomalies, and optimize supply chain activities through the timely analytical input of real data.
Integration of IoT devices and 5G …