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Supply Chain Security Market

Top Companies in Supply Chain Security Industry - IBM (US) and Emerson (US)

The supply chain security market is estimated to be worth USD 2.52 Billion in 2024 and is projected to reach USD 5.14 Billion by 2030, at a CAGR of 12.6% during the forecast period. The major factors driving the market growth of the supply chain security market include the increasing need to protect operational continuity, data integrity and compliance with regulatory standards. Additionally, two key supply chain security strategies such as Blockchain-Driven Transparency and AI-Powered Risk Management provides all-around visibility and traceability to supply chains and decentralized, immutable records enabled by blockchain ensure that parties can verify authenticity of goods, reduce fraud, and comply with standards set within regulatory frameworks such as drugs and food supplies. Blockchain technology offers enhanced transparency and therefore major supply chain security vendors like IBM and Oracle have adopted blockchain technology to provide all-around visibility and traceability to supply chains. Similarly, AI Powered Risk Management is also quite popular among companies like Microsoft and SAP which uses AI powered risk management to predict anomalies and optimizes operations through artificial intelligence and machine learning.

The major players in the supply chain security market with a significant global presence IBM (US) , Emerson (US), Oracle (US), NXP Semiconductors (Netherlands), Testo (Germany), Orbcomm (US), Sensitech (US), Elpro (Switzerland), Rotronic (Switzerland), Berlinger & CO. (Switzerland), Monnit (US), Cold Chain Technolgies (US), Logtag Recorders (New Zealand), Dickson (US), Signatrol (UK), Hanwell Solutions (UK), Controlant (Iceland), Roambee (US), Omega Compliance (China), Tagbox Solutions (India), C2A Security (Israel), Safetraces (US), Tive (US), Altana AI (US), and Fourkites (US). The market players have adopted various strategies, such as developing advanced products, partnerships, contracts, expansions, and acquisitions, to strengthen their position in the supply chain security market.

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IBM (US):  IBM delivers supply chain security solutions ensuring transparency and operational efficiency across industries. IBM's technologies integrate AI - ML, blockchain platforms, and IoT-enabled solutions for protecting the supply chain while optimizing the workflows. Real-time visibility and asset management and end-to-end security through tools such as IBM Sterling Supply Chain Suite and blockchain-based tracking systems will ensure protection against disruptions and cyber threats. IBM solutions provide data encryption, predictive analytics for risk mitigation, and advanced threat detection to comply with global standards. IBM increases business decision making through the tracking of goods, enhanced operation continuity, and the prevention of fraud. Cloud-enabled multi-platform resiliency provides IBM as an avenue that has helped most organizations realize their data sovereignty, optimization processes, and reducing vulnerabilities for complex supply chains. By continuous innovation, IBM allows enterprises with scalable intelligent future-ready security solutions to push efficiency and reliability for their supplies.

Emerson (US): Emerson offers strong supply chain security solutions designed to improve resilience, visibility, and operational efficiency in various industries. Emerson's technologies integrate advanced automation, AI-driven analytics, and IoT-enabled platforms to secure supply chains while optimizing processes. Tools such as Emerson's Plantweb digital ecosystem, asset management systems, and real-time monitoring solutions ensure seamless data protection, operational tracking, and predictive analytics for risk mitigation. Emerson's supply chain solutions are designed with robust security measures, which include data encryption during communication, advanced threat detection, and compliance management that is compliant with international standards like ISO and GDPR. Using digital twins and industrial IoT, Emerson offers visibility into operations, which helps stakeholders trace assets, prevent disruptions, and enhance decision-making. With hybrid and cloud-enabled capabilities, Emerson ensures resiliency in multi-cloud environments, supports businesses to attain data sovereignty, and enables uptime optimization and security for operations. Through constant innovation, Emerson empowers the enterprise with scalable, efficient, and future ready solutions for supply chain security.

Related Reports:

Supply Chain Security Market by Hardware (IoT Sensors, RFID Tags & Readers, GPS Trackers), Software (Risk Management, Threat Intelligence, Blockchain-Based Solutions), Security Type (Data Locality & Protection, Fraud Prevention) - Global Forecast to 2030

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Supply Chain Security Market Size,  Share & Growth Report
Report Code
TC 7947
RI Published ON
1/10/2025
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