Smart and Mobile Supply Chain Market to Exhibit 29.1% CAGR as Rising Complexity of Supply Chains Drives Demand
According to the report, the global smart and mobile supply chain solutions market will exhibit an exponential CAGR of 29.1% over 2014 to 2022, rising to a revenue opportunity of US$2,730.6 mn by 2022. Of the key end-use sectors utilizing smart and mobile supply chain solutions, the retail and manufacturing sectors are presently the key consumers, accounting for a large share of revenue of the global market. Geographically, the market in North America tops in terms of revenue contribution to the global market and continues to be a formidable force owing to it being home to some of the leading companies operating in the field of smart and mobile supply chain solutions. One of the key factors working well for the overall development of the global smart and mobile supply chain market are the rising awareness regarding the vast benefits of advanced supply chain solution in effectively dealing with risks associated with supply chains, such as asset tracking, dynamic inventories, and s...