India Supply Chain Security Market Size & Outlook, 2024-2030
The supply chain security market in India is expected to reach a projected revenue of US$ 233.8 million by 2030. A compound annual growth rate of 13.8% is expected of India supply chain security market from 2024 to 2030.
The India supply chain security market generated a revenue of USD 94.7 million in 2023 and is expected to reach USD 233.8 million by 2030.
The India market is expected to grow at a CAGR of 13.8% 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 94.7 million
Market revenue in 2030
USD 233.8 million
Growth rate
13.8% (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, India accounted for 4.0% 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.
Businesses are focusing on integrating cloud-based data integration tools into their supply chain processes to improve Business-to-Business (B2B) communication. Cloud-based data integration tools are helping businesses in reducing non-value-added tasks from their interactions with suppliers and customers.
Moreover, these tools are further helping in accelerating communication for important functions. Integration tools offer various benefits to supply chain links, such as cost-effectiveness, flexibility & scalability, resource optimization, and risk mitigation.
Supply chain security solution vendors are emphasizing offering platforms that provide a secure environment, in which critical data can be shared. These platforms follow security protocols for collecting and analyzing the data.
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 53.96% in 2023.
Horizon Databook has segmented the India supply chain security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Businesses are focusing on integrating cloud-based data integration tools into their supply chain processes to improve Business-to-Business (B2B) communication. Cloud-based data integration tools are helping businesses in reducing non-value-added tasks from their interactions with suppliers and customers.
Moreover, these tools are further helping in accelerating communication for important functions. Integration tools offer various benefits to supply chain links, such as cost-effectiveness, flexibility & scalability, resource optimization, and risk mitigation.
Supply chain security solution vendors are emphasizing offering platforms that provide a secure environment, in which critical data can be shared. These platforms follow security protocols for collecting and analyzing the data.
India Supply Chain Security Market Component Outlook (Revenue, USD Million , 2018-2030)
Hardware
Software
Services
India Supply Chain Security Market By Security Type Outlook (Revenue, USD Million , 2018-2030)
Data Locality & Protection
Data Visibility & Governance
Others
India Supply Chain Security Market By Enterprise Size Outlook (Revenue, USD Million , 2018-2030)
Small and medium-sized enterprises
Large enterprises
India 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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Horizon Databook provides a detailed overview of country-level data and insights on the India Supply Chain Security Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Supply Chain Security Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Supply Chain Security Market, 2018-2030 (US$M)