Smart Mobile Supply Chain Solutions Market Likely To Experience A Tremendous Growth In Near Future

According to a new market report published by Transparency Market Research , the global smart & mobile supply chain solutions market was valued at US$ 13,614.8 Mn in 2018 and is expected to reach US$ 31,612.0 Mn by 2027, expanding at a CAGR 9.9% from 2019 to 2027. According to the report, North America was the largest contributor in terms of revenue to the smart & mobile supply chain market in 2018. This expansion is primarily attributed to the rising adoption of smart and mobile supply chain solutions among small & medium enterprises and large enterprises in order to efficiently manage the flow of goods and services.

Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4323

Increasing demand for industrial automation and growth in e-commerce.

Smart & mobile supply chain solutions are integrated software applications aimed at providing complete business visibility, optimization of inventories, and synchronization of supply with demand & manufacturing. Currently, competitive economic conditions are compelling industries to increase production in a cost-effective manner. This, in turn, is leading to a rise in the demand for smart & mobile supply chain solutions aimed at optimizing processes and supply chain. Need for quicker turnaround time and efficient utilization of resources is further driving the need for automation in industries. Therefore, increasing demand for industrial automation is a crucial factor boosting the smart & mobile supply chain solutions market across the world. Furthermore, growth in e-commerce coupled with the need to deliver goods rapidly to gain competitive advantage have boosted the demand for smart & mobile supply chain solutions. Manufacturers are turning from traditional solutions to demand-driven solutions in order to efficiently meet e-commerce and omni-channel challenges in the smart & mobile supply chain solutions market.