세계의 공급망 리스크 관리 시장 규모는 2023년 35억 1,000만 달러에서 2031년 75억 3,000만 달러에 달할 것으로 예상되며, 예측 기간인 2024년부터 2031년까지 연평균 10.01% 성장할 것으로 예상됩니다. 기술 발전과 함께 공급망의 혼란이 증가함에 따라 공급망 리스크 관리 시장의 성장을 가속하고 있습니다. 지정학적 긴장과 무역 분쟁에 더해 코로나19 팬데믹과 자연재해와 같은 파괴적인 사건은 세계 공급망에 여러 가지 심각한 약점을 드러내고 있으며, 기업들은 이러한 잠재적 손실로부터 보호하고 정상적 업무 기능의 연속성을 보장하기 위해 리스크 관리 솔루션에 투자하고 있습니다. 투자해야 합니다. 동시에 AI 및 머신러닝과 같은 기술 혁신은 보다 정확하고 시기적절한 통찰력을 제공함으로써 조직의 리스크 관리를 향상시킬 수 있습니다. 기술 혁신은 기업이 혼란을 더 잘 예측하고, 모니터링하고, 대처할 수 있도록 도와주기 때문에 리스크 관리 도구는 현대 공급망의 복잡성에 대응하는 데 필수적인 요소가 되고 있습니다. 이러한 모든 요인들이 종합적으로 작용하여 기업들이 강력한 리스크 관리 관행을 통해 보다 강력한 예방책을 마련하고, 불확실성이 커지는 세상에서 회복력과 경쟁력을 유지하고자 하는 공급망 리스크 관리 시장이 크게 성장하고 있습니다.
2024년 5월, Craft.co.는 광범위한 데이터 패브릭과 AI 기반 인텔리전스를 통해 팀 협업과 예방적 위험 감소를 위해 설계된 차세대 공급업체 리스크 관리 솔루션을 발표했습니다. 이 플랫폼은 종합적인 공급업체 가시성, 관련성 높은 위험 신호, 사용하기 쉬운 워크스페이스를 제공하여 기업이 컴플라이언스를 준수하고 혼란을 최소화할 수 있도록 지원합니다. 다양한 위험 범주를 포괄하는 1,300개 이상의 데이터 스트림과 타사 데이터와의 통합을 통해 전 세계 공급업체 관리를 간소화합니다. 고도로 설정 가능한 기능을 통해 위험 모니터링, 경고 및 이벤트 추적의 우선순위를 지정하여 사전 예방적 위험 관리를 강화합니다. 이 혁신은 기업이 위험을 사전에 예방적으로 관리할 수 있는 고급 도구와 종합적인 데이터를 제공함으로써 공급망 리스크 관리 시장의 성장을 돕고 있습니다.
이 보고서는 세계의 공급망 리스크 관리 시장에 대해 조사 분석했으며, 시장 규모와 예측, 시장 역학, 주요 기업 현황 등을 제공합니다.
Global supply chain risk management market is projected to witness a CAGR of 10.01% during the forecast period 2024-2031, growing from USD 3.51 billion in 2023 to USD 7.53 billion in 2031. The increasing supply chain disruption, along with technological advancements is driving growth of the supply chain risk management market. Disruptive events such as the COVID-19 pandemic and natural disasters, coupled with geopolitical tensions and trade conflicts have exposed some critical weaknesses in global supply chains that force companies to invest in risk management solutions to protect against such potential losses and ensure continuity in the normal functioning of operations. At the same time, technological changes including artificial intelligence and machine learning better manage risks in organizations by providing insights that could be more accurate and timelier. Innovations can better help companies predict, monitor, and address disruptions, hence making risk management tools indispensable against the complexities of modern supply chains. The sum effect of all these factors is taking companies to stronger precautions in terms of strong risk management practice and has been prompting significant growth in the supply chain risk management market as they try to stay resilient and competitive in this increasingly uncertain world.
In May 2024, Craft.co. launched a next-generation supplier risk management solution designed for team collaboration and proactive risk mitigation, powered by an expansive data fabric and AI-driven intelligence. The platform offers comprehensive supplier visibility, hyper-relevant risk signals, and a user-friendly workspace, enabling organizations to stay compliant and minimize disruptions. With over 1,300 data streams covering various risk categories and integration with third-party data, it simplifies global supplier management. Highly configurable features prioritize risk monitoring, alerting and event tracking, enhancing proactive risk management. This innovation aids the growth of the supply chain risk management market by providing companies with advanced tools and comprehensive data to proactively manage risks, ensuring operational continuity and competitiveness amid global uncertainties.
Increased Supply Chain to Fuel the Supply Chain Risk Management Market Growth
Increased supply chain disruption from geopolitical tensions, pandemics, and natural disasters are driving the growth of the supply chain risk management market due to increased awareness of potential vulnerabilities. Uncertain delays, increasing costs, and resource shortages force companies to increasingly turn towards a strong risk management strategy that addresses such risks. This demand fuels the adoption of advanced technologies such as predictive analytics, real-time monitoring and artificial intelligence to enhance resilience and agility. As businesses expand their supply chains, they are pushed into total risk management solutions that protect their operational continuity while maintaining customer satisfaction. The disruptions call for proactive identification and mitigation of risks, pushing more businesses to invest in risk-specific management services, further propelling the market's growth.
In May 2024, Marsh McLennan launched Sentrisk, an AI-powered platform designed to transform supply chain risk management by providing comprehensive supply chain mapping, advanced analytics, and risk advisory services. Sentrisk uses artificial intelligence, geospatial satellite imagery, and proprietary analytics to identify and mitigate supply chain vulnerabilities such as natural disasters, geopolitical tensions, climate change, and reputational risks. This innovative decision allows companies to make reasonable decisions, increase stability, and actively manage risks, stimulating growth of the risk management market for supply chains and offering advanced tools and ideas that provide operational continuity and competitiveness in the context of global uncertainty.
Advancements in Technology to Drive Market Growth
Advances in technology have significantly driven the growth of the supply chain risk management market as they enable more efficient, data-driven solution for identification and mitigation of risks. Powered by innovations such as artificial intelligence, machine learning and blockchain, companies achieve deeper visibility through complex supply chains that can predict disruptions, monitor real-time conditions and rapidly respond to unexpected events. Predictive analytics and big data allow businesses to review historical trends and predict future risks, thus giving them resilient and flexible operations. The Internet of Things provides real-time tracking of assets, improving transparency and control over supply chain processes. As companies begin to rely increasingly on these new-age tools to minimize risks, the need for complete risk management solutions rises, accordingly. Indeed, such technological advancement will improve the efficiency and reliability of the operations and advance the development of risk management strategies, thus the market is poised for growth.
In May 2024, Zoho Corporation Pvt. Ltd. integrated its SIEM solution, Log360, with Constella Intelligence to provide 24/7 dark web monitoring and proactively detect and notify organizations of compromised credentials before attackers can exploit them. The integration, announced at the RSA Conference, provides businesses with a critical first line of defense against supply chain attacks by providing real-time alerts, advanced analytics and integrated security response. By continuously scanning the deep and dark web it prevents cyber-attacks protects critical data and provides immediate action to minimize business disruption. This innovation improves supply chain risk management by providing comprehensive protection, building resilience, and enabling businesses to proactively manage risk and maintain continuity in the face of growing cyber threats.
Solutions Segment to Dominate Supply Chain Risk Management Market Share
The Solutions segment is a major player dominating the share of the global supply chain risk management market, providing advanced tools to help businesses identify, assess, and mitigate risks within their supply chains. Faced with increasing global uncertainties and supply chain vulnerabilities, businesses are seeking sustainable solutions to improve resilience and continuity. This segment will meet these needs and provide complete data analysis, actual monitoring tools, and risk evaluation that will enhance the control and understanding of the supply chain. Technology integration, predictive modeling, effective risk management, and decision-making segments allow companies to make rational decisions, minimize disability, and protect against potential threats. This advantage is driven by a proactive approach to identify emerging risks and adapting to regulations and industry standards to meet the growing demand for effective supply chain risk management solutions.
In May 2023, Accenture and Blue Yonder Group, Inc. expanded their strategic relationship to accelerate the development and delivery of new supply chain solutions by leveraging Accenture's technology and domain expertise, alongside Blue Yonder's Luminate platform. The collaboration aims to create resilient responsive and sustainable supply chains through innovative solutions and capabilities improved supply chain synchronization and the application of AI and machine learning for better planning and execution. By offering these advanced tools and driving co-innovation the partnership helps companies optimize costs, grow profitably, and stay agile amid global disruptions, thus fostering growth in the supply chain risk management market.
North America to Dominate the Supply Chain Risk Management Market Share
North America leads the share of the supply chain risk management market primarily due to its advanced technological infrastructure, strong economy, and a high adoption rate for digital solutions. Companies based in the United States and Canada consider risk management as the utmost priority by investing heavily in AI, data analytics, and real-time tracking in their effort to mitigate the disturbances of their supply chains. It comprises international technology and consulting companies focused on supply chain solutions, thereby providing companies with innovative tools to detect and mitigate risks. The pressures of trade tensions, regulatory compliance, and the COVID-19 outbreak have forced North American companies to implement strict risk management processes. Therefore, the region has acted to its strengths of resilience and proactively managing expectations to build a prime position in the worldwide supply chain risk management landscape.
In April 2023, Oracle introduced new AI and automation capabilities in its Fusion Cloud Applications Suite to enhance supply chain planning, operational efficiency, and financial accuracy. These updates, including AI-powered lead time estimates, enhanced quote-to-cash processes, and improved rebate management, address the challenges of disconnected systems by providing an integrated platform for better insights and decision-making. The holistic approach, which connects supply chain data with finance, HR, customer experience, allows businesses to drive efficiencies and achieve more with less, thereby fostering the growth of the supply chain risk management market by improving resilience and adaptability amid global disruptions.
Future Market Scenario (2024 - 2031F)
The integration of AI, machine learning, blockchain, and IoT will continue to grow, providing companies with advanced tools for real-time monitoring, predictive analytics, and enhanced visibility across supply chains.
Companies will increasingly incorporate environmental, social, and governance criteria into their supply chain risk management strategies, making sustainability a key component of risk mitigation.
Organizations will invest more in resilience planning and scenario modeling to proactively identify and address potential disruptions, ensuring continuity and agility in the face of unforeseen challenges.
As supply chains become more globalized, companies will focus on diversifying their supplier bases to reduce dependence on any single region or vendor, enhancing overall supply chain resilience.
Key Players Landscape and Outlook
Companies are innovating in these technologies and adopting proactive risk mitigation strategies that help gain a competitive advantage in this supply chain risk management market. Indeed, investment in artificial intelligence, machine learning, and predictive analytics is being sustained across organizations as it provides them with real-time visibility into disruptions like supplier delays, geopolitical issues, and environmental risks so that they can make smart decisions quickly. Also, companies are building diverse supplier bases to decrease dependence on any one region or vendor, making them more resilient. They maintain clear and sustainable practices, which include ESG issues to respond to customer and regulatory demands. Another related approach is collaboration with third-party vendors, and the development of risk-sharing partnerships enables companies to pool resources and data for richer risk analyses. They employ flexible logistics strategies, warehousing, transportation, and inventory management to keep up with the flux demands. There is a growing culture of training staff to be risk-conscious and to handle crises because this would help teams manage the disruption properly. Therefore, supply chain risk management companies focus on multifaceted strategies to make systems more resilient and responsive to market changes.
In January 2024, Sphera acquired SupplyShift Inc. to expand its supply chain resiliency capabilities through advanced supplier mapping, assessment, and monitoring. This integration enables Sphera to provide unparalleled Scope 3 and ESG monitoring and reporting, empowering companies to build transparent and sustainable supply chains. By combining Supply Shift's data intelligence capabilities with Sphera's ESG expertise, the acquisition enables companies to meet global regulatory requirements and stakeholder expectations. This strategic move supports the growth of the supply chain risk management market by providing advanced tools for better risk management resilience and compliance, thereby strengthening operational resilience and transparency.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.