Smart and Mobile Supply Chain Solutions Market to Expand at a CAGR of 14% during Forecast Period, notes TMR Study


  • The increasing use of cutting-edge technologies in the regional industry as well as in the retail and consumer goods industries is attributed to the rapid expansion of the Asia Pacific Smart and mobile supply chain solutions market
  • The growth of the market is further driven by the demand for shorter lead times and optimal use of resources

Wilmington, Del., September 23, 2022 /PRNewswire/ — In 2021, the value of the global market for intelligent and mobile supply chain solutions was measured $34.49 billion. The global market is expected to grow at a CAGR of 14% during the forecast period of 2022 to 2031. The global market for intelligent and mobile supply chain solutions is expected to reach US$126.44 billion by 2031. Many leading market players offer best-in-class mobile solutions for transport and logistics by integrating the latest technologies. Intelligent and mobile supply chain management tools rely on leading-edge technology, including Robotic Process Automation (RPA), ML, Big Data, AI, Blockchain and IoT, for reliable results. Supply chain management software with mobile integration helps companies reduce operational costs, expedite deliveries, reduce their negative impact on the environment, and automate processes.


The global market is driven by the increasing adoption of mobile supply chain management applications such as Manufacturing Execution Systems (MES), Warehouse Management Software (WMS), Track Management System (TMS) and others. To expand their revenue streams, mobile technology and supply chain management companies are integrating advanced technologies into digital supply chain platforms, including cloud computing, cybersecurity, data analytics, 3D printing, and so on. These technologies are expected to drive the future of mobile supply chain management in the years to come.

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By the end of 2022 North America is expected to lead the global market for intelligent and mobile supply chain solutions. The progress of the market is attributed to the development of e-commerce business, improvements in mobile devices and supply chain management applications, and increasing demand for regional logistics management services. Numerous industries in North America use software that simplifies access to customer data and real-time analysis, improves internal production processes and enables better operational monitoring.

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Key Findings of the Market Report

  • The need for mobile devices and supply chain management software is increasing as more industrial automation is deployed. Due to growing competition, companies are now producing high quality goods at a lower cost. To promote productivity, maximize efficiency, improve product quality and also reliability, industrial automation solutions are widely used today. It also helps in reducing design and manufacturing costs. Automation and intelligent mobile inventory control for the supply chain are increasingly in demand due to the demand for shorter response times and optimal use of resources.
  • Machine learning (ML), robotic process automation (RPA), and artificial intelligence (AI) enable companies to anticipate and plan for sharp increases in product demand. RPA enables supply chain participants to choose the ideal inventory levels and prepare for an unexpected surge in demand. Hence, the market is growing as RPA is increasingly integrated into sophisticated and portable supply chain management solutions.
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Global Smart & Mobile Supply Chain Solutions Market: Major Players

Some of the key market players are

  • Manhattan Associates, Inc.
  • Epicor Transportation Management Systems (TMS) Corporation
  • Blue Yonder Group, Inc.
  • IBM Corporation
  • Honeywell International Inc.
  • Oracle Corporation

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Global Market for Smart and Mobile Supply Chain Solutions: Segmentation

solutions

  • Transport Management Systems (TMS)
  • Warehouse management systems (WMS)
  • Sourcing and Procurement
  • Supply Chain Planning (SCP)
  • Manufacturing Execution Systems (MES)

company size

end user

  • Retail & Consumer Goods
  • IT & Telecom
  • manufacturing
  • government
  • Energy & Utilities
  • healthcare
  • Transportation & Logistics
  • Other

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