Supply Chain Security (SCS) Market – Trends Forecast Till 2031

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Supply Chain Security (SCS) Market Trends and
Forecast Till 2031
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Supply Chain Security (SCS) Market Trends and
Forecast Till 2031
Supply Chain Security (SCS) Market by Hardware
(IoT Sensors, RFID Tags Readers, GPS Trackers),
Software (Risk Management, Threat Intelligence,
Blockchain-Based Solutions), Security Type (Data
Locality Protection, Fraud Prevention) and
region (North America, Europe, Asia-Pacific,
Middle East and Africa and South
America).
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Market Overview
The supply chain security (SCS) market focuses on
ensuring the integrity, safety, and efficiency
of supply chain operations by protecting goods,
data, and transportation systems from risks such
as theft, cyberattacks, and disruptions. With
increasing globalization and complex supply chain
networks, companies are increasingly adopting
advanced security measures to prevent potential
threats and mitigate risks. The scope of the SCS
market includes a variety of security
technologies and services aimed at protecting
physical assets and digital information
throughout the supply chain. These solutions help
safeguard goods in transit, monitor inventory
levels, ensure compliance with regulations, and
provide real-time tracking and reporting. SCS
solutions are employed at various stages of the
supply chain, from sourcing and production to
transportation and delivery. Purchase this
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ain-security-scs-market
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Key Findings
The retail eCommerce segment is expected to
grow at the highest CAGR during the forecast
period due to rapid digital transformation and
the increasing complexity of global supply
chains. The surge in online shopping, accelerated
by the pandemic, has driven companies to adopt
advanced technologies like AI, blockchain, and
IoT to safeguard their supply chains from
cyberattacks, data breaches, and counterfeit
products.  Large enterprises dominate the supply
chain security market due to their vast and
complex supply chain networks that span multiple
regions and involve various partners. These
organizations are prime targets for cyberattacks
and other security threats, making supply chain
security a priority to mitigate operational,
financial, and reputational risks. With larger
budgets and resources, large enterprises are more
likely to invest in advanced technologies such as
blockchain, AI-driven threat detection, IoT
monitoring, and real-time risk analytics to
ensure visibility and security across their
supply chains. Additionally, large organizations
often face stringent compliance requirements,
including GDPR, CCPA, and ISO standards, which
further drive the need for comprehensive security
systems.
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Key Findings
The market is also divided into various regions
such as North America, Europe, Asia-Pacific,
South America, and Middle East and Africa. North
America region is projected to hold the largest
market share. Factors such as increasing cyber
threats, rising data breaches, need for
regulatory compliance, expansion of global supply
chains, adoption of advanced technologies, demand
for real-time visibility, risks from third-party
partners, focus on fraud prevention, protection
against counterfeit products, and escalating
geopolitical risks have triggered the Supply
Chain Security (SCS) Market in the
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Competitive Landscape

• IBM
• Emerson
• Oracle
• NXP Semiconductors
• Testo
• ORBCOMM
• Sensitech
• Elpro
• Rotronic
• Berlinger Co

• Monnit
• Cold Chain Technologies
• LogTag Recorders
• Dickson
• Signatrol

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Recent Developments
In October 2024, Emerson enhanced its Ovation
Automation Platform by adding advanced
cybersecurity features in collaboration with
Nozomi Networks. This upgrade strengthens the
security of power and water supply chains by
incorporating state-of-the-art OT and IoT
security solutions, which improve resilience and
operational visibility. In September 2024, Oracle
introduced new user experience enhancements to
Oracle Fusion Cloud SCM, utilizing AI to boost
workforce productivity, improve visibility,
streamline processes, and prioritize actions to
achieve better results, ultimately enhancing
supply chain security. In November
2023, Sensitech launched a cloud-based solution
within the SensiWatch platform to provide
real-time monitoring of outbound shipments,
extending cold chain visibility all the way to
the last mile. This innovation ensures the
quality of perishable goods through continuous
cargo monitoring from distribution centers to
their final destinations.
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Contact Information
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India. The company holds expertise in providing
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qualitative and quantitative data is highly
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by assuring to provide the information on
country, regional and global business
environment. We have a database for more than 45
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globally. Contact Us 44-20-3290-6466 1
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