A Surge in Demand for Real-Time and Automated Supply Chain Solutions Boosts Market Growth

 

The global smart and mobile supply chain solutions market, valued at US$ 34.49 billion in 2021, is projected to grow at a robust compound annual growth rate (CAGR) of 14.0% from 2022 to 2031. This growth is driven by the increasing demand for more efficient and agile supply chain management systems across industries. With advancements in transportation management systems, warehouse management, sourcing and procurement, supply chain planning, and manufacturing execution systems, the market is expected to reach US$ 126.44 billion by the end of 2031. These solutions are transforming supply chains by enhancing real-time decision-making, automation, and mobility.

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