Supply Chain Security Market forecast to grow at 12.6% CAGR to $6.3B by 2031 due to security threats, IoT adoption, and regulatory compliance.

The Supply Chain Security Market is projected to grow at a CAGR of 12.6% from 2022 to 2031, reaching a value of USD 6.3 billion by 2031. The market was valued at USD 2 billion in 2021. Factors contributing to the growth of the market include increased security threats, growing adoption of IoT devices, and the need for compliance with regulatory requirements. The market is segmented based on component, security type, enterprise size, and industry vertical.

January 27, 2024
4 Articles

Further Reading