Supply chain risk management involves identifying potential sources of disruptions and devising strategies to mitigate their impact on the supply chain. With growing global trade and complexity in supply chain networks, disruptions due to geo-political tensions, there has been increase in natural calamities and client demand fluctuations. This has made supply chain risk management an important part of business continuity planning. Most large organizations now have dedicated risk management teams that monitor and alert stakeholders about potential supply chain issues using data analytics and scenario modeling. Rising adoption of emerging technologies like IoT, AI and blockchain for more efficient tracking of shipments and assets can drive the market growth.

Market Dynamics:

Global supply chain risk management market growth is driven by factors such as growing focus on building resilience against disruptions, digitization of supply chain operations and changes in trade policies leading to a need for real-time risk visibility. However, high costs related to deployment and maintenance of risk management systems can pose challenges for SMEs. Advancements in technology can offer opportunities for leveraging predictive analytics and scenario modeling to proactively deal with future risks. Integration of demand sensing and real-time ocean freight visibility platforms with risk management systems is also gaining traction.

Key features of the study:

• This report provides in-depth analysis of the global supply chain risk management market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global supply chain risk management market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Avetta, LLC, CURA Software Solutions, DHL International GmbH, Emerson, Exiger, IBM, JAGGAER, Kinaxis, Logicmanager, Inc., Marsh LLC, MetricStream, NXP Semiconductors, Oracle, SAP Ariba, Software AG.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global supply chain risk management market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global supply chain risk management market.

Detailed Segmentation:

• By Component
  • Solution
  • Service
•  By Deployment
  • Cloud-based
  • On-premise
• By End-use Industry
  • Government
  • Pharmaceuticals
  • Oil and Gas
  • Transportation & Logistics
  • Food & Beverages
  • Manufacturing
  • Others
• By Regional
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
• Key Players Insights
  • Avetta, LLC
  • CURA Software Solutions
  • DHL International GmbH
  • Emerson
  • Exiger
  • IBM
  • JAGGAER
  • Kinaxis
  • Logicmanager, Inc.
  • Marsh LLC
  • MetricStream
  • NXP Semiconductors
  • Oracle
  • SAP Ariba
  • Software AG