China Supply Chain Security Market Size & Outlook, 2024-2030
The supply chain security market in China is expected to reach a projected revenue of US$ 307.1 million by 2030. A compound annual growth rate of 10.8% is expected of China supply chain security market from 2024 to 2030.
The China supply chain security market generated a revenue of USD 150.1 million in 2023 and is expected to reach USD 307.1 million by 2030.
The China market is expected to grow at a CAGR of 10.8% 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 150.1 million
Market revenue in 2030
USD 307.1 million
Growth rate
10.8% (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, China accounted for 6.4% 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.
There has been continuous growth in cybersecurity threats over the past few years in terms of numbers, vectors, and their impact across the country. The COVID-19 pandemic has further positively impacted the cybersecurity threat landscape.
The proliferation of digital technology, transformation of traditional infrastructure into cloud-based and online solutions, highly developed connectivity, and growing use of emerging technologies such as AI have helped improve the sophistication of attacks, their impact, and their complexity.
Thus, IT professionals' approach toward adopting a comprehensive solution that can manage, track, and secure a wide range of endpoints and the corporate network is expected to increase the demand for supply chain security solutions.
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 Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 53.63% in 2023.
Horizon Databook has segmented the China supply chain security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
There has been continuous growth in cybersecurity threats over the past few years in terms of numbers, vectors, and their impact across the country. The COVID-19 pandemic has further positively impacted the cybersecurity threat landscape.
The proliferation of digital technology, transformation of traditional infrastructure into cloud-based and online solutions, highly developed connectivity, and growing use of emerging technologies such as AI have helped improve the sophistication of attacks, their impact, and their complexity.
Thus, IT professionals' approach toward adopting a comprehensive solution that can manage, track, and secure a wide range of endpoints and the corporate network is expected to increase the demand for supply chain security solutions.
China Supply Chain Security Market Component Outlook (Revenue, USD Million , 2018-2030)
Hardware
Software
Services
China Supply Chain Security Market By Security Type Outlook (Revenue, USD Million , 2018-2030)
Data Locality & Protection
Data Visibility & Governance
Others
China Supply Chain Security Market By Enterprise Size Outlook (Revenue, USD Million , 2018-2030)
Small and medium-sized enterprises
Large enterprises
China Supply Chain Security Market By Vertical Outlook (Revenue, USD Million , 2018-2030)
Healthcare & Pharmaceuticals
Retail & E-commerce
Automotive
Transportation and Logistics
Manufacturing
Others
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Target buyers of Supply Chain Security Market Outlook databook
Our clientele includes a mix of Supply Chain Security Market Outlook companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the China Supply Chain Security Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Supply Chain Security Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Supply Chain Security Market, 2018-2030 (US$M)