India Supply Chain Security Market Size & Outlook
India supply chain security market, 2018-2030 (US$M)
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India supply chain security market highlights
- The India supply chain security market generated a revenue of USD 94.7 million in 2023 and is expected to reach USD 233.8 million by 2030.
- The India market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Supply chain security market data book summary
| Market revenue in 2023 | USD 94.7 million |
| Market revenue in 2030 | USD 233.8 million |
| Growth rate | 13.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Emerson Electric Co, International Business Machines Corp, NXP Semiconductors NV, Oracle Corp, ORBCOMM, Carrier Global Corp Ordinary Shares, Altana AI, Dickson, ELPRO Global, Hanwell Solutions, Monnit, Rotronic, SafeTraces, TagBox, Testo |
Other key industry trends
- In terms of revenue, India accounted for 4.0% of the global supply chain security market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China supply chain security market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 150.1 million by 2030.
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Supply Chain Security Market Scope
Supply Chain Security Market Companies
| Name | Profile | # Employees | HQ | Website |
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India supply chain security market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to supply chain security market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 53.96% in 2023. Horizon Databook has segmented the India supply chain security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Businesses are focusing on integrating cloud-based data integration tools into their supply chain processes to improve Business-to-Business (B2B) communication. Cloud-based data integration tools are helping businesses in reducing non-value-added tasks from their interactions with suppliers and customers.
Moreover, these tools are further helping in accelerating communication for important functions. Integration tools offer various benefits to supply chain links, such as cost-effectiveness, flexibility & scalability, resource optimization, and risk mitigation.
Supply chain security solution vendors are emphasizing offering platforms that provide a secure environment, in which critical data can be shared. These platforms follow security protocols for collecting and analyzing the data.
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Target buyers of India supply chain security market databook
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Our clientele includes a mix of supply chain security market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India supply chain security market , including forecasts for subscribers. This country databook contains high-level insights into India supply chain security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India supply chain security market size, by component, 2018-2030 (US$M)
India Supply Chain Security Market Outlook Share, 2023 & 2030 (US$M)
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