UK Supply Chain Security Market Size & Outlook, 2023-2030
UK supply chain security market, 2018-2030 (US$M)
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UK supply chain security market highlights
- The UK supply chain security market generated a revenue of USD 130.4 million in 2023 and is expected to reach USD 226.9 million by 2030.
- The UK market is expected to grow at a CAGR of 8.2% 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 130.4 million |
| Market revenue in 2030 | USD 226.9 million |
| Growth rate | 8.2% (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, UK accounted for 5.6% 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 Europe, France supply chain security market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 245.9 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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UK 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 54.6% in 2023. Horizon Databook has segmented the UK supply chain security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growing preference for cloud-based supply chain security solutions is creating new opportunities for supply chain security solution vendors in the country. Cloud-based supply chain security solutions have been particularly revolutionizing supply chain management owing to their ability to deliver higher security, inventory optimization, forecasting accuracy, and supplier quality.
Cloud-based solutions are also benefiting manufacturers in the form of ease of deployment and configuration capability. These solutions are integrated with various applications, systems, and databases using Application Programming Interfaces (APIs), which can help in rapidly scaling manufacturing strategies.
APIs are particularly driving the proliferation of cloud-based platforms and applications across production locations and plants of manufacturers owing to their ability to generate real-time integration links between systems and enable more efficient collaboration, data sharing, and transactional accuracy.
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Target buyers of UK 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 UK supply chain security market , including forecasts for subscribers. This country databook contains high-level insights into UK supply chain security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK supply chain security market size, by component, 2018-2030 (US$M)
UK Supply Chain Security Market Outlook Share, 2023 & 2030 (US$M)
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