Supply Chain Security Market Size – By Component (Hardware, Software and Services), By Security Type (Data Locality & Protection, Data Visibility & Governance and Others), By Enterprise Size (SMEs and Large Enterprise), By Vertical (Healthcare & Pharmaceuticals, Retail & E-commerce, Automotive, Transportation and Logistics, Manufacturing, Food and Beverages, Government and Defense, Energy and Utilities and Others), & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-06-01
- NO OF PAGES
- 269
- CATEGORY
- Information Communication & Technology
Market Overview
The Supply Chain Security market report is predicted to develop at a compound annual growth rate (CAGR) of 11.4% from 2024 to 2034, when global Supply Chain Security market forecast size is projected to reach USD 6.95 Billion in 2034, based on an average growth pattern. The global Supply Chain Security market revenue is estimated to reach a value of USD 2.74 Billion in 2024.
SOURCE: We Market Research
The global
supply chain security market refers to the industry focused on solutions and
services designed to protect supply chains from various threats, including
physical threats, cyber-attacks, theft, fraud, and counterfeiting. Supply chain
security encompasses a wide range of technologies, processes, and strategies
aimed at ensuring the smooth, safe, and secure operation of supply chains,
which are critical to global trade and commerce. As global supply chains become
increasingly complex and interconnected, ensuring the integrity and security of
these systems has become a priority for companies across industries, as well as
for governments and regulatory bodies. The rise of digital transformation,
e-commerce, geopolitical tensions, and global disruptions such as pandemics
have further underscored the need for robust supply chain security measures.
The global
supply chain security market is expected to grow at a significant rate over the
next decade, driven by the increasing complexity of supply chains, advancements
in technology, and the growing awareness of both physical and cybersecurity
threats. The integration of Blockchain, AI, and IoT into supply chain security
solutions will further enhance the market’s growth. However, companies must
navigate challenges related to cost and fragmentation, particularly in emerging
markets.
Global Supply Chain Security Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 2.74 Billion |
|
Market
Forecast in 2034 |
USD 6.95 Billion |
|
CAGR % 2024-2034 |
11.4% |
|
Base
Year |
2023 |
|
Historic Data |
2016-2022 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Component,
By Security Type, By Enterprise Size, By Vertical and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Global Supply Chain Security Market Opportunity:
We Market
Research: Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Supply Chain Security market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Supply Chain Security Market Segmentation
Market- By Component Analysis
By component, the Supply Chain Security market share is categories into hardware, software and services. Software segment dominate the market with the largest share, accounting for over 42% of the market in 2023. The software segment is growing rapidly as businesses shift towards digitization and cloud computing to enhance security and visibility across global supply chains. AI, machine learning, and blockchain technologies are driving this growth by enabling advanced threat detection, fraud prevention, and transparency.
The
following segments are part of an in-depth analysis of the global Supply Chain
Security market:
|
Market Segments |
|
|
By
Component |
·
Hardware ·
Software ·
Services |
|
By
Security Type |
·
Data Locality & Protection ·
Data Visibility & Governance ·
Others |
|
By Enterprise
Size |
·
Small & Medium-sized Enterprises ·
Large enterprises |
|
By Vertical |
·
Healthcare & Pharmaceuticals ·
Retail & E-commerce ·
Automotive ·
Transportation and Logistics ·
Manufacturing ·
Food and Beverages ·
Government and Defense ·
Energy and Utilities ·
Others |
Supply Chain Security Industry: Regional Analysis
North America Market Forecast
North America dominates the global market, accounting for around 38% of the market share in 2023. North America leads the global supply chain security market, driven by a strong focus on cybersecurity, regulatory frameworks, and the adoption of advanced technologies like AI, blockchain, and IoT. The U.S., in particular, has stringent compliance requirements across sectors such as pharmaceuticals, food safety, and defense. Initiatives like the Customs-Trade Partnership Against Terrorism (C-TPAT) and the Drug Supply Chain Security Act (DSCSA) also boost demand for robust security solutions. The presence of major technology companies and logistics players further strengthens the region's dominance.
Europe Market Statistics
Europe is the second-largest
market for supply chain security, driven by strict regulatory mandates such as
GDPR for data protection and AEO (Authorized Economic Operator) programs aimed
at improving supply chain security in international trade. The region's
well-developed infrastructure and focus on sustainability and ethical sourcing
contribute to the adoption of technologies that enhance transparency and
security. The pharmaceuticals and automotive industries in Europe have
particularly stringent supply chain requirements, fueling demand for solutions.
Asia Pacific Market Forecasts
The Asia Pacific
region is experiencing rapid growth due to the rise of e-commerce and
manufacturing sectors, especially in countries like China, India, Japan, and
South Korea. This drives the need for efficient and secure supply chains. The
region’s growing adoption of digital technologies like IoT, cloud platforms,
and real-time tracking systems is boosting demand for supply chain security
solutions. Despite this growth, challenges related to fragmentation,
inconsistent regulatory frameworks, and cybersecurity risks present obstacles
to widespread implementation.
Middle East & Africa Market Statistics
The MEA region
has a smaller market share but is growing due to the need to secure critical
supply chains in oil and gas, logistics, and infrastructure sectors.
Geopolitical risks and the need for cargo and asset protection in volatile
regions drive the adoption of physical security solutions, such as surveillance
and GPS tracking. The demand for secure supply chains in the healthcare and
food industries is also increasing, although market penetration of advanced
technologies is relatively low.
Latin America Market Statistics
Latin America is
experiencing moderate growth in supply chain security adoption, primarily
driven by rising concerns over cargo theft, especially in sectors like
automotive, retail, and logistics. Brazil and Mexico are leading markets in the
region, with a focus on securing transportation networks and combating theft
and counterfeiting. However, economic instability and a lack of uniform
regulatory frameworks in the region slow down the wider adoption of advanced
security solutions.
The Global Supply Chain Security Market is dominated
by a few large companies, such as
·
Honeywell International Inc.
·
IBM Corporation
·
Johnson Controls
·
Sensitech Inc. (Carrier)
·
Securitas AB
·
Zebra Technologies Corporation
·
Orbcomm Inc.
·
Tyco Integrated Security
·
Bosch Security Systems
·
GEODIS
·
Siemens AG
·
Motorola Solutions Inc.
·
Cognex Corporation
·
NXP Semiconductors
· CargoSense
1.
Global
Supply Chain Security Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Supply Chain Security
Market Scope and Market Estimation
1.2.1. Global Supply Chain Security Overall
Market Size (US$ Bn), Market CAGR (%), Market forecast (2024 - 2034)
1.2.2. Global Supply Chain Security
Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1. Component of Global Supply Chain
Security Market
1.3.2. Security Type of Global Supply
Chain Security Market
1.3.3. Enterprise Size of Global Supply
Chain Security Market
1.3.4. Vertical of Global Supply Chain
Security Market
1.3.5. Region of Global Supply Chain
Security Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Demand Supply Scenario
2.6. Market Dynamics
2.6.1. Drivers
2.6.2. Limitations
2.6.3. Opportunities
2.6.4. Impact Analysis of Drivers and
Restraints
2.7. Pricing Trends Analysis
2.8. Overview of Technology Developments
2.9. Porter’s Five Forces Analysis
2.9.1. Bargaining Power of Suppliers
2.9.2. Bargaining Power of Buyers
2.9.3. Threat of Substitutes
2.9.4. Threat of New Entrants
2.9.5. Competitive Rivalry
2.10. PEST Analysis
2.10.1. Political Factors
2.10.2. Economic Factors
2.10.3. Social Factors
2.10.4. Technology Factors
2.11. Value Chain / Ecosystem Analysis
2.12. Key Regulation
2.13. Analysis of Quality Control Standards and Guidelines in Supply Chain
Security Market
3.
Global Supply Chain Security
Market Estimates & Historical Trend
Analysis (2019 - 2023)
4.
Global Supply Chain Security
Market Estimates & Forecast Trend
Analysis, by Component
4.1. Global Supply Chain Security
Market Revenue (US$ Bn) Estimates and Forecasts, by Component, 2019 - 2034
4.1.1. Hardware
4.1.2. Software
4.1.3. Services
5.
Global Supply Chain Security
Market Estimates & Forecast Trend
Analysis, by Security Type
5.1. Global Supply Chain Security
Market Revenue (US$ Bn) Estimates and Forecasts, by Security Type, 2019 - 2034
5.1.1.Data
Locality & Protection
5.1.2.Data
Visibility & Governance
5.1.3.Others
6.
Global Supply Chain Security
Market Estimates & Forecast Trend
Analysis, by Vertical
6.1. Global Supply Chain Security
Market Revenue (US$ Bn) Estimates and Forecasts, by Vertical, 2019 - 2034
6.1.1.Healthcare
& Pharmaceuticals
6.1.2.Retail
& E-commerce
6.1.3.Automotive
6.1.4.Transportation
and Logistics
6.1.5.Manufacturing
6.1.6.Food and
Beverages
6.1.7.Government
and Defense
6.1.8.Energy
and Utilities
6.1.9.Others
7.
Global Supply Chain Security
Market Estimates & Forecast Trend
Analysis, by Enterprise Size
7.1. Global Supply Chain Security
Market Revenue (US$ Bn) Estimates and Forecasts, by Enterprise Size, 2019 -
2034
7.1.1.Small
& Medium-sized Enterprises
7.1.2.Large
enterprises
8.
Global Supply Chain Security
Market Estimates & Forecast Trend
Analysis, by Region
8.1. Global Supply Chain Security
Market Revenue (US$ Bn) Estimates and Forecasts, by Region, 2019 - 2034
8.1.1. North America
8.1.2. Eastern Europe
8.1.3. Western Europe
8.1.4. Asia Pacific
8.1.5. Middle East & Africa
8.1.6. Latin America
9.
North
America Supply Chain Security Market: Estimates & Forecast Trend Analysis
9.1.
North
America Supply Chain Security Market Assessments & Key Findings
9.1.1. North America Supply Chain
Security Market Introduction
9.1.2. North America Supply Chain
Security Market Size Estimates and Forecast (US$ Billion) (2019 - 2034)
9.1.2.1. By Component
9.1.2.2. By Security Type
9.1.2.3. By Enterprise Size
9.1.2.4. By Vertical
9.1.2.5. By Country
9.1.2.5.1. The U.S.
9.1.2.5.2. Canada
9.1.2.5.3. Mexico
10. Western Europe Supply
Chain Security Market: Estimates &
Forecast Trend Analysis
10.1. Western Europe Supply Chain
Security Market Assessments & Key Findings
10.1.1. Western Europe Supply Chain
Security Market Introduction
10.1.2. Western Europe Supply Chain
Security Market Size Estimates and Forecast (US$ Billion) (2019 - 2034)
10.1.2.1. By Component
10.1.2.2. By Security Type
10.1.2.3. By Enterprise Size
10.1.2.4. By Vertical
10.1.2.5. By Country
10.1.2.5.1.
Germany
10.1.2.5.2.
Italy
10.1.2.5.3.
U.K.
10.1.2.5.4.
France
10.1.2.5.5.
Spain
10.1.2.5.6.
Benelux
10.1.2.5.7.
Nordics
10.1.2.5.8. Rest
of W. Europe
11. Eastern Europe Supply
Chain Security Market: Estimates &
Forecast Trend Analysis
11.1. Eastern Europe Supply Chain
Security Market Assessments & Key Findings
11.1.1. Eastern Europe Supply Chain
Security Market Introduction
11.1.2. Eastern Europe Supply Chain
Security Market Size Estimates and Forecast (US$ Billion) (2019 - 2034)
11.1.2.1. By Component
11.1.2.2. By Security Type
11.1.2.3. By Enterprise Size
11.1.2.4. By Vertical
11.1.2.5. By Country
11.1.2.5.1.
Russia
11.1.2.5.2.
Hungary
11.1.2.5.3.
Poland
11.1.2.5.4.
Balkan & Baltics
11.1.2.5.5. Rest of E. Europe
12. Asia Pacific Supply
Chain Security Market: Estimates &
Forecast Trend Analysis
12.1. Asia Pacific Market Assessments
& Key Findings
12.1.1. Asia Pacific Supply Chain
Security Market Introduction
12.1.2. Asia Pacific Supply Chain
Security Market Size Estimates and Forecast (US$ Billion) (2019 - 2034)
12.1.2.1. By Component
12.1.2.2. By Security Type
12.1.2.3. By Enterprise Size
12.1.2.4. By Vertical
12.1.2.5. By Country
12.1.2.5.1. China
12.1.2.5.2. Japan
12.1.2.5.3. India
12.1.2.5.4. Australia & New Zealand
12.1.2.5.5. South Korea
12.1.2.5.6. ASEAN
12.1.2.5.7. Rest of Asia Pacific
13. Middle East & Africa Supply
Chain Security Market: Estimates &
Forecast Trend Analysis
13.1. Middle East & Africa Market
Assessments & Key Findings
13.1.1. Middle
East & Africa Supply
Chain Security Market Introduction
13.1.2. Middle
East & Africa Supply
Chain Security Market Size Estimates and Forecast (US$ Billion) (2019 - 2034)
13.1.2.1. By Component
13.1.2.2. By Security Type
13.1.2.3. By Enterprise Size
13.1.2.4. By Vertical
13.1.2.5. By Country
13.1.2.5.1. UAE
13.1.2.5.2. Saudi
Arabia
13.1.2.5.3. Turkey
13.1.2.5.4. South
Africa
13.1.2.5.5. Rest of
MEA
14. Latin America
Supply Chain Security Market: Estimates
& Forecast Trend Analysis
14.1. Latin America Market Assessments
& Key Findings
14.1.1. Latin America Supply Chain
Security Market Introduction
14.1.2. Latin America Supply Chain
Security Market Size Estimates and Forecast (US$ Billion) (2019 - 2034)
14.1.2.1. By Component
14.1.2.2. By Security Type
14.1.2.3. By Enterprise Size
14.1.2.4. By Vertical
14.1.2.5. By Country
14.1.2.5.1. Brazil
14.1.2.5.2. Argentina
14.1.2.5.3. Colombia
14.1.2.5.4. Rest of
LATAM
15. Country Wise Market:
Introduction
16. Competition Landscape
16.1. Global Supply Chain Security
Market Product Mapping
16.2. Global Supply Chain Security Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
16.3. Global Supply Chain Security
Market Tier Structure Analysis
16.4. Global Supply Chain Security
Market Concentration & Company Market Shares (%) Analysis, 2023
17. Company Profiles
17.1. Honeywell
International Inc.
17.1.1. Company Overview & Key Stats
17.1.2. Financial Performance & KPIs
17.1.3. Product Portfolio
17.1.4. SWOT Analysis
17.1.5. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
17.2. IBM Corporation
17.3. Johnson Controls
17.4. Sensitech Inc.
(Carrier)
17.5. Securitas AB
17.6. Zebra Technologies
Corporation
17.7. Orbcomm Inc.
17.8. Tyco Integrated
Security
17.9. Bosch Security
Systems
17.10. GEODIS
17.11. Siemens AG
17.12. Motorola Solutions
Inc.
17.13. Cognex Corporation
17.14. NXP Semiconductors
17.15. CargoSense
17.16. Others
18. Research
Methodology
18.1. External Transportations /
Databases
18.2. Internal Proprietary Database
18.3. Primary Research
18.4. Secondary Research
18.5. Assumptions
18.6. Limitations
18.7. Report FAQs
19. Research
Findings & Conclusion
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Frequently Asked Questions
What is the market size of Supply Chain Security Market in 2024?
Supply Chain Security Market was valued at USD 2.74 Billion in 2024.
What is the growth rate for the Supply Chain Security Market?
Supply Chain Security Market size will increase at approximate CAGR of 11.4% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Honeywell International Inc., IBM Corporation, Johnson Controls, Sensitech Inc. (Carrier), Securitas AB, Zebra Technologies Corporation, Orbcomm Inc., Tyco Integrated Security, Bosch Security Systems, GEODIS, Siemens AG, Motorola Solutions Inc., Cognex Corporation, NXP Semiconductors, CargoSense and others.
Which region dominates the Supply Chain Security Market?
North America dominates the market with an active share of 38%.
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