Artificial Intelligence in Manufacturing and Supply Chain Market Insights, Forecast to 2029

BENGALURU, India - July 17, 2023 - PRLog -- The global Artificial Intelligence in Manufacturing and Supply Chain market is projected to grow from US$ 1165.4 million in 2023 to US$ 7671.9 million by 2029, at a Compound Annual Growth Rate (CAGR) of 36.9% during the forecast period. Artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and other animals.
Market Analysis and Insights: Global Artificial Intelligence in Manufacturing and Supply Chain Market

Artificial Intelligence (AI) is one of the most exciting technologies of the 21st century and has been the subject of debate across various business sectors. AI has several industrial applications where production plants can operate without human supervision. The machinery and equipment that are AI-enabled can function by acquiring human intelligence abilities. Supply chains in manufacturing are quickly adapting AI technologies as part of their digitization strategies. AI in supply chains helps in organizing and analyzing data, which helps decision making problems, ranging from logistics to warehousing. Such AI-enabled applications in the manufacturing industry are expected to improve efficiency and aid saving of time.

This report presents an overview of global market for Artificial Intelligence in Manufacturing and Supply Chain market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Artificial Intelligence in Manufacturing and Supply Chain, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Artificial Intelligence in Manufacturing and Supply Chain, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
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