U.S. Supply Chain Security Market Size & Outlook
U.S. supply chain security market, 2018-2030 (US$M)
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U.S. supply chain security market highlights
- The U.S. supply chain security market generated a revenue of USD 604.2 million in 2023 and is expected to reach USD 1,087.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.8% 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 604.2 million |
| Market revenue in 2030 | USD 1,087.7 million |
| Growth rate | 8.8% (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, U.S. accounted for 25.7% 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 North America, U.S. supply chain security market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 329.4 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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U.S. 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 54.97% in 2023. Horizon Databook has segmented the U.S. supply chain security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The market is expected to grow at a significant pace in line with the rapid investments made by the government for strengthening the national cybersecurity infrastructure. The government is also pursuing various initiatives to increase the awareness of data security among organizations and encourage and support them in the adoption of adequate cybersecurity measures.
These factors would further boost the demand for supply chain security solutions among enterprises in the region during the forecast period. In September 2022, McAfee, LLC., a U.S.-based security solutions provider, launched McAfee+, a new product line that offered all new privacy and identity protection features to help users securely browse and search online.
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Target buyers of U.S. 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 U.S. supply chain security market , including forecasts for subscribers. This country databook contains high-level insights into U.S. supply chain security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. supply chain security market size, by component, 2018-2030 (US$M)
U.S. Supply Chain Security Market Outlook Share, 2023 & 2030 (US$M)
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