Wireless News, Press Release Distribution

Submit RSS Feed | About US | Contact Us

Wireless News; Press Release Distribution Services

Home | Wireless News | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

Wireless Media
Cellular News
Daily Wireless
Digital Trends

Mobile Europe

NBC News Wireless
RCR Wireless
Wireless Week
Yahoo Wireless News
RSS News Feed
Get your news feed listed here as other news media shown above! Submit RSS News Feed

Virgin Mobile Logo

Wireless/Telecom News Releases

Supply Chain Security Market Witness the Growth of $3.5 billion by 2027

(Wireless-NewsWire.Com, July 03, 2023 ) According to a research report "Supply Chain Security Market by Component (Hardware, Software, Services), Security Type (Data Locality & Protection, Data Visibility & Governance), Organization Size, Application (Healthcare & Pharmaceuticals, FMCG) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global supply chain security market will grow from an estimated USD 2.0 billion in 2022 to USD 3.5 billion by 2027, at a compound annual growth rate (CAGR) of 11.0%. The increasing demand for enhanced security of supply chain transactions fuel market growth.

Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=123703201

Browse 289 market data Tables and 41 Figures spread through 247 Pages and in-depth TOC on "Supply Chain Security Market - Global Forecast to 2027"

By component, hardware segment to account for the largest market size during forecast period

The supply chain security market, by component, is bifurcated into hardware, software, and services. The hardware segment includes sensors, data loggers, and other devices used to track and trace assets in a supply chain. The supply chain security solutions require sensors and other hardware to monitor products effectively. Hardware devices are used in various applications, such as environmental sensing, data relaying, and centralizing databases for further evaluation. For example, data loggers are used throughout the cold chain to monitor the temperature of food, pharmaceuticals, chemicals, and other temperature-sensitive products. Sensing devices (temperature sensors, pressure sensors, and flow measurement sensors) are used to track shipments, locations, and the visibility of products and transport vehicles in real time. The need for hardware devices for the effective and secure functioning of supply chains is expected to boost the market growth in this segment.

By application, healthcare and pharmaceuticals to grow at highest CAGR during forecast period

The healthcare and pharmaceuticals verticals are rapidly undergoing digital transformation. However, increasing digitalization leads to the risk of fraud and cybercrimes. The healthcare industry faces challenges such as complex and costly data reconciliation and the lack of interoperability between various systems in a healthcare network. Illegal activities, such as producing harmful medicines and counterfeit drugs by criminal enterprises, improper stock control, and the lack of visibility and transparency across the supply chain, occur in this industry. Supply chain security solutions help resolve supply chain challenges with continuous medicine tracking. These solutions powered by AI/blockchain enable manufacturers to track the physical goods from their production to pharmacy and consumers to track the product authenticity in real time.

Request Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=123703201

By region, North America to account for largest market size during forecast period

North America, considered the most advanced region in terms of advanced supply chain security technologies, is expected to be the largest contributor to the global supply chain security market size. The wide presence of key industry players in this region fuel market growth in supply chain security solutions. North America includes the US and Canada, among which the US is expected to dominate the market. Pharmaceuticals and healthcare industries have made noteworthy contributions toward the growth of the supply chain security market in the region. The pharmaceutical industry is subject to stringent regulations to ensure safety and good storage and distribution practices. The regional presence of key industry players offering supply chain security solutions is the key factor driving the growth of the North American supply chain security industry. The key players in this region include Sensitech (US), ORBCOMM (US), Emerson (US), Monnit (US), IBM (US), and Oracle (US). The dominance of supply chain security players in North America is expected to drive overall market growth. The increasing digitalization, presence of key supply chain security vendors, and strict regulations implemented in the region have driven growth in the supply chain security market.

Key Players

The major vendors in the supply chain security market are IBM (US), Emerson (US), Oracle (US), NXP Semiconductors (the Netherlands), Testo (Germany), ORBCOMM (US), Sensitech (US), ELPRO (Switzerland), Rotronic (Switzerland), Monnit (US), Cold Chain Technologies (US), LogTag Recorders (New Zealand), Dickson (US), Signatrol (UK), Hanwell Solutions (UK), Controlant (Iceland), Roambee (US), Omega Compliance (Hong Kong), Tagbox Solutions (India), C2A Security (Israel), SafeTraces (US), Tive (US), Altana (US), FourKites (US).

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441


Mr. Aashish Mehra



Source: EmailWire.Com

Virgin Mobile Logo
Wireless News by Sector
  • 4G
  • Android
  • Carriers
  • iOS/iPhone/iPad
  • Laptops
  • Mobile Apps
  • Mobility Management
  • Mobile Payment
  • Netbooks
  • Smartphones
  • Tablets
  • Ultrabooks
  • WiFi
  • WiMAX
  • Window Phones

  • Wireless RSS Marketpalce
    Get $55 Off the Samsung Galaxy S5 with Promo Code GS56CJ55 for a Limited Time Only at Virginmobileusa.com!
    Get $15 Off the LG Tribute with Promo Code TRIBUTE6CJ15 for a Limited Time Only at Virginmobileusa.com!
    Amazon News Releases
    Amazon corporate news headlines.
    Apple Hot News
    Read news on Apple as reported across the web.
    Sprint News Releases
    Headline news from Sprint
    Free Telecom, Wireless Magazines Downloads
    Get free publications including magazines, white papers on wireless or telecom industry.
    Submit RSS news feed on Retail, Shopping.
    Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.

    Press release service

    Wireless-Newswire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    Wireless-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC