The global artificial intelligence in supply chain market is expected to grow at a CAGR of 45.3% from 2019 to reach $21.8 billion by 2027; wherein, Asia-Pacific region is expected to register fastest CAGR throughout the forecast period. Artificial intelligence has emerged as the most potent technologies over the past few years, that is transitioning the landscape of almost all industry verticals. Although enterprise applications based on AI and machine learning (ML) are still in the nascent stages of development, they are gradually beginning to drive innovation strategies of the business. In the supply chain and logistics industry, artificial intelligence is gaining rapid traction among industry stakeholders. Players operating in the supply chain and logistics industry are increasingly realizing the potential of AI to solve the complexities of running a global logistics network.
Apr-21-2020, 15:51:43 GMT