- Supply chain security encompasses a range of technologies and services designed to protect logistics networks, digital assets, and physical goods from threats including cyber intrusions, theft, and compliance violations. These solutions integrate IoT, AI, blockchain, and cloud platforms to enhance end-to-end visibility and control across global supply networks
- The escalating demand for supply chain security is primarily driven by the surge in e-commerce, geopolitical disruptions, and digital transformation across industries such as healthcare, manufacturing, and retail, where resilience, traceability, and risk mitigation are critical to operational continuity
- North America dominated the supply chain security market with a share of 34% in 2024, due to stringent regulatory frameworks, advanced digital infrastructure, and a growing focus on cybersecurity across logistics and manufacturing sectors
- Asia-Pacific is expected to be the fastest growing region in the supply chain security market during the forecast period due to rapid industrialization, expanding e-commerce networks, and rising concerns about supply chain vulnerabilities
- Hardware segment dominated the market with a market share of 65% in 2024, due to the widespread deployment of physical security devices such as RFID tags, sensors, GPS trackers, and surveillance systems across supply chain touchpoints. These hardware components are essential for real-time monitoring, asset tracking, tamper detection, and ensuring the physical integrity of goods in transit or storage. Their foundational role in enabling end-to-end visibility and securing physical infrastructure contributes significantly to their continued dominance in the market
