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The article discusses the growth of the Artificial intelligence (AI) in Supply Chain and Logistics Market, projected to reach USD 3377.2 Million by 2030 with a CAGR of 10.1%. Companies like IBM, GOOGLE INC, Microsoft Corporation, Amazon Web Services Inc, ORACLE CORPORATION, SAP, Facebook, Alibaba, Baidu, and Tencent are actively involved in this market.
AI technology, including robots, machine learning, and predictive analytics, is revolutionizing supply chain operations by enhancing demand forecasting, inventory management, and decision-making skills. The adoption of AI in supply chain and logistics is driven by the need for operational efficiency, cost reduction, and improved customer satisfaction. Innovations in cloud computing, big data, and IoT are further propelling the market growth by enabling real-time data exchange and seamless integration among supply chain networks.
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