AI in Logistics and Supply Chain to Cross $196.58B by 2034
· Source: sdcexec.com
In short
The AI in logistics and supply chain market is projected to grow from over $20.1 billion to more than $196.58 billion by 2034, driven by increasing needs for real-time supply chain visibility, optimized route planning, and warehouse automation. Machine learning held a 47% market share in 2024, while the software sector led with 56% share and is expected to grow at a 26% CAGR through 2034. The United States accounted for 85% of the market in 2024, generating $6.2 billion due to advanced digital infrastructure and early adoption of AI solutions.
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Tags: logistics, forecasting, automation, analytics, optimization, warehouse