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Global Supply Chain Security Market to Grow at a CAGR of 11.4% During 2024-2032, Driven by the Incorporation of Advanced Technologies.

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Global Supply Chain Security Market Share, Size, Forecast: By Component: Hardware, Software, Services; By Security Type: Data Locality and Protection, Data Visibility and Governance, Others; By Organisation Size: SMEs, Large Enterprises; By Industry Vertical; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Name: Supply Chain Security Market Size, Share, Analysis 2024-2032
Creator: Claight Corporation - Expert Market Research
License: https://www.expertmarketresearch.com/privacy-policy
Keywords: Supply Chain Security Market Report

Global Supply Chain Security Market Outlook

The global supply chain security market size reached a value of approximately USD 2.33 billion in 2023. The market is further expected to grow at a CAGR of 11.4% between 2024 and 2032, reaching a value of USD 6.16 billion by 2032.

Key Trends in the Market

Supply chain security is a part of supply chain management that focuses on overall security of the supply chain, assessing risk management of vendors, suppliers, transportation, and logistics. It identifies, analyses, and mitigates the inherent risks of working with other organisations and can involve cybersecurity for software and services as well as physical security for products.

Global Supply Chain Security Market

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The key supply chain security market trends include emergence and incorporation of advanced technologies such as Internet of Things, artificial intelligence, and blockchain. Such technologies are projected to enhance supply chain security by offering greater flexibility without compromising the security of the supply chain.

Rising incidences of cargo theft are projected to aid the supply chain security market growth in the upcoming years. Theft and tampering of supply chains can result in damage of reputation and financial loss for businesses, therefore, the demand for supply chain security systems and services is increasing.

Market Analysis

On the basis of component, the market is divided into hardware, software, and services. Based on security type, the market is segregated into data locality protection, and data visibility and governance, among others. By organisation size, the market is bifurcated into SMEs and large enterprises. On the basis of industry vertical, the market is segmented into healthcare and pharmaceuticals, FMCG, chemicals, retail and e-commerce, and automotive, among others. Based on region, the market is categorised into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Supply Chain Security Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global supply chain security market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

IBM Corporation

Emerson Electric Co

Oracle Corporation

NXP Semiconductors N.V.

Orbcomm, Inc.

Check Point Software Technologies Ltd

Omega Compliance

SailPoint Technologies, Inc

Others

Global Supply Chain Security Market Share by Application

Healthcare and pharmaceutical applications are expected to account for a significant share of the market for supply chain security over the forecast period. This is due to the presence of abundance of personal data about the patients in the healthcare and pharmaceutical sectors and restricted nature of healthcare and pharmaceutical products. The adoption of supply chain security measures is increasing as the protection of such data against cyberattacks becomes essential to safeguard the personal and financial information of the patients. Additionally, disruption in hospital supply chain by delayed shipment can have catastrophic effects on the health of the patients.

Global Supply Chain Security Market

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Global Supply Chain Security Market Share by Region

The Asia Pacific is anticipated to witness significant growth in the market for supply chain security in the upcoming years. This growth can be attributed to economic developments in countries such as India and China and increasing technological innovations in the region. Additionally, the rising trade and manufacturing activities and increasing e-commerce penetration in the Asia Pacific are also aiding the expansion of the market for supply chain security in the region.

Competitive Landscape

IBM Corporation is an IT services and IT consulting company that was founded in 1911 and is headquartered in New York, United States. The specialisation of IBM is in IT infrastructure and technology support, among others.

Emerson Electric Co is an industrial machinery manufacturing company that was established in 1890 and is based in Missouri in the United States. Their focus areas include industrial automation and Internet of Things.

Oracle Corporation is an IT services and IT consulting company that was founded in and is headquartered in Texas, United States. They specialise in business intelligence and solutions for the communications industry, among others.

Other market players include NXP Semiconductors N.V., Orbcomm, Inc., Check Point Software Technologies Ltd, Omega Compliance, and SailPoint Technologies, Inc, among others.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Component Security Type Organisation Size Industry Vertical Region
Breakup by Component	Hardware Software Services
Breakup by Security Type	Data Locality and Protection Data Visibility and Governance Others
Breakup by Organisation Size	SMEs Large Enterprises
Breakup by Industry Vertical	Healthcare and Pharmaceuticals FMCG Chemicals Retail and E-commerce Automotive Others
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	IBM Corporation Emerson Electric Co Oracle Corporation NXP Semiconductors N.V. Orbcomm, Inc. Check Point Software Technologies Ltd Omega Compliance SailPoint Technologies, Inc Others

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Supply Chain Security Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Supply Chain Security Historical Market (2018-2023)
   8.3   Global Supply Chain Security Market Forecast (2024-2032)
   8.4   Global Supply Chain Security Market by Component
       8.4.1   Hardware
           8.4.1.1   Historical Trend (2018-2023)
           8.4.1.2   Forecast Trend (2024-2032)
       8.4.2   Software
           8.4.2.1   Historical Trend (2018-2023)
           8.4.2.2   Forecast Trend (2024-2032)
       8.4.3   Services
           8.4.3.1   Historical Trend (2018-2023)
           8.4.3.2   Forecast Trend (2024-2032)
   8.5   Global Supply Chain Security Market by Security Type
       8.5.1   Data Locality and Protection
           8.5.1.1   Historical Trend (2018-2023)
           8.5.1.2   Forecast Trend (2024-2032)
       8.5.2   Data Visibility and Governance
           8.5.2.1   Historical Trend (2018-2023)
           8.5.2.2   Forecast Trend (2024-2032)
       8.5.3   Others
   8.6   Global Supply Chain Security Market by Organisation Size
       8.6.1   SMEs
           8.6.1.1   Historical Trend (2018-2023)
           8.6.1.2   Forecast Trend (2024-2032)
       8.6.2   Large Enterprises
           8.6.2.1   Historical Trend (2018-2023)
           8.6.2.2   Forecast Trend (2024-2032)
   8.7   Global Supply Chain Security Market by Industry Vertical
       8.7.1   Healthcare and Pharmaceuticals
           8.7.1.1   Historical Trend (2018-2023)
           8.7.1.2   Forecast Trend (2024-2032)
       8.7.2   FMCG
           8.7.2.1   Historical Trend (2018-2023)
           8.7.2.2   Forecast Trend (2024-2032)
       8.7.3   Chemicals
           8.7.3.1   Historical Trend (2018-2023)
           8.7.3.2   Forecast Trend (2024-2032)
       8.7.4   Retail and E-commerce
           8.7.4.1   Historical Trend (2018-2023)
           8.7.4.2   Forecast Trend (2024-2032)
       8.7.5   Automotive
           8.7.5.1   Historical Trend (2018-2023)
           8.7.5.2   Forecast Trend (2024-2032)
       8.7.6   Others
   8.8   Global Supply Chain Security Market by Region
       8.8.1   North America
           8.8.1.1   Historical Trend (2018-2023)
           8.8.1.2   Forecast Trend (2024-2032)
       8.8.2   Europe
           8.8.2.1   Historical Trend (2018-2023)
           8.8.2.2   Forecast Trend (2024-2032)
       8.8.3   Asia Pacific
           8.8.3.1   Historical Trend (2018-2023)
           8.8.3.2   Forecast Trend (2024-2032)
       8.8.4   Latin America
           8.8.4.1   Historical Trend (2018-2023)
           8.8.4.2   Forecast Trend (2024-2032)
       8.8.5   Middle East and Africa
           8.8.5.1   Historical Trend (2018-2023)
           8.8.5.2   Forecast Trend (2024-2032)
9   North America Supply Chain Security Market Analysis
   9.1   United States of America
       9.1.1   Historical Trend (2018-2023)
       9.1.2   Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1   Historical Trend (2018-2023)
       9.2.2   Forecast Trend (2024-2032)
10   Europe Supply Chain Security Market Analysis
   10.1   United Kingdom
       10.1.1   Historical Trend (2018-2023)
       10.1.2   Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1   Historical Trend (2018-2023)
       10.2.2   Forecast Trend (2024-2032)
   10.3   France
       10.3.1   Historical Trend (2018-2023)
       10.3.2   Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1   Historical Trend (2018-2023)
       10.4.2   Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Supply Chain Security Market Analysis
   11.1   China
       11.1.1   Historical Trend (2018-2023)
       11.1.2   Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1   Historical Trend (2018-2023)
       11.2.2   Forecast Trend (2024-2032)
   11.3   India
       11.3.1   Historical Trend (2018-2023)
       11.3.2   Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1   Historical Trend (2018-2023)
       11.4.2   Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1   Historical Trend (2018-2023)
       11.5.2   Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Supply Chain Security Market Analysis
   12.1   Brazil
       12.1.1   Historical Trend (2018-2023)
       12.1.2   Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1   Historical Trend (2018-2023)
       12.2.2   Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1   Historical Trend (2018-2023)
       12.3.2   Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Supply Chain Security Market Analysis
   13.1   Saudi Arabia
       13.1.1   Historical Trend (2018-2023)
       13.1.2   Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1   Historical Trend (2018-2023)
       13.2.2   Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1   Historical Trend (2018-2023)
       13.3.2   Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1   Historical Trend (2018-2023)
       13.4.2   Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Competitive Landscape
   15.1   Market Structure
   15.2   Company Profiles
       15.2.1   IBM Corporation
           15.2.1.1   Company Overview
           15.2.1.2   Product Portfolio
           15.2.1.3   Demographic Reach and Achievements
           15.2.1.4   Certifications
       15.2.2   Emerson Electric Co
           15.2.2.1   Company Overview
           15.2.2.2   Product Portfolio
           15.2.2.3   Demographic Reach and Achievements
           15.2.2.4   Certifications
       15.2.3   Oracle Corporation
           15.2.3.1   Company Overview
           15.2.3.2   Product Portfolio
           15.2.3.3   Demographic Reach and Achievements
           15.2.3.4   Certifications
       15.2.4   NXP Semiconductors N.V.
           15.2.4.1   Company Overview
           15.2.4.2   Product Portfolio
           15.2.4.3   Demographic Reach and Achievements
           15.2.4.4   Certifications
       15.2.5   Orbcomm, Inc.
           15.2.5.1   Company Overview
           15.2.5.2   Product Portfolio
           15.2.5.3   Demographic Reach and Achievements
           15.2.5.4   Certifications
       15.2.6   Check Point Software Technologies Ltd
           15.2.6.1   Company Overview
           15.2.6.2   Product Portfolio
           15.2.6.3   Demographic Reach and Achievements
           15.2.6.4   Certifications
       15.2.7   Omega Compliance
           15.2.7.1   Company Overview
           15.2.7.2   Product Portfolio
           15.2.7.3   Demographic Reach and Achievements
           15.2.7.4   Certifications
       15.2.8   SailPoint Technologies, Inc
           15.2.8.1   Company Overview
           15.2.8.2   Product Portfolio
           15.2.8.3   Demographic Reach and Achievements
           15.2.8.4   Certifications
       15.2.9   Others
16   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Supply Chain Security Market: Key Industry Highlights, 2018 and 2032
2.   Global Supply Chain Security Historical Market: Breakup by Component (USD Million), 2018-2023
3.   Global Supply Chain Security Market Forecast: Breakup by Component (USD Million), 2024-2032
4.   Global Supply Chain Security Historical Market: Breakup by Security Type (USD Million), 2018-2023
5.   Global Supply Chain Security Market Forecast: Breakup by Security Type (USD Million), 2024-2032
6.   Global Supply Chain Security Historical Market: Breakup by Organization Size (USD Million), 2018-2023
7.   Global Supply Chain Security Market Forecast: Breakup by Organization Size (USD Million), 2024-2032
8.   Global Supply Chain Security Historical Market: Breakup by Industry Vertical (USD Million), 2018-2023
9.   Global Supply Chain Security Market Forecast: Breakup by Industry Vertical (USD Million), 2024-2032
10.   Global Supply Chain Security Historical Market: Breakup by Region (USD Million), 2018-2023
11.   Global Supply Chain Security Market Forecast: Breakup by Region (USD Million), 2024-2032
12.   North America Supply Chain Security Historical Market: Breakup by Country (USD Million), 2018-2023
13.   North America Supply Chain Security Market Forecast: Breakup by Country (USD Million), 2024-2032
14.   Europe Supply Chain Security Historical Market: Breakup by Country (USD Million), 2018-2023
15.   Europe Supply Chain Security Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Asia Pacific Supply Chain Security Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Asia Pacific Supply Chain Security Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Latin America Supply Chain Security Historical Market: Breakup by Country (USD Million), 2018-2023
19.   Latin America Supply Chain Security Market Forecast: Breakup by Country (USD Million), 2024-2032
20.   Middle East and Africa Supply Chain Security Historical Market: Breakup by Country (USD Million), 2018-2023
21.   Middle East and Africa Supply Chain Security Market Forecast: Breakup by Country (USD Million), 2024-2032
22.   Global Supply Chain Security Market Structure

Key Questions Answered in the Report

What was the supply chain security market size in 2023?

The market size reached a value of approximately USD 2.33 billion in 2023.

What is the growth rate of the supply chain security market?

The market is expected to grow at a CAGR of 11.40% between 2024 and 2032.

What is the supply chain security market forecast for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 reaching USD 6.16 billion by 2032.

What are the major market drivers?

The major market drivers include increasing globalisation, rising incidences of cargo theft, and growing emphasis on risk management in supply chains.

What are the key trends of the market?

The key trends fuelling the growth of the market include emergence of distributed technologies and rising cyberattacks on supply chains.

What are the major regions in the market for supply chain security, according to the EMR report?

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the primary components of supply chain security?

The primary components of supply chain security include hardware, software, and services.

Who are the key market players, according to the supply chain security market report?

The key players in the supply chain security market, according to the report, are IBM Corporation, Emerson Electric Co, Oracle Corporation, NXP Semiconductors N.V., Orbcomm, Inc., Check Point Software Technologies Ltd, Omega Compliance, and SailPoint Technologies, Inc, among others.

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