CHICAGO, July 23, 2021 /PRNewswire/ — According to the new market research report “Supply Chain Security Market by Component (Hardware, Software, and Services), Application (Data Protection, Data Visibility, and Governance), Organization Size, Vertical (FMCG, Healthcare, Retail, and eCommerce), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global Supply Chain Security Market size is projected to grow from USD 903 million in 2021 to USD 1,227 million by 2026, at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period.
Major driving factors for the Supply Chain Security Market include rise in ransom and supply chain attacks, increasing IoT devices in the supply chain, need for enhanced risk prediction and mitigation, and widespread adoption of automation technology across the supply chain.
Browse in-depth TOC on “Supply Chain Security Market“
188 – Tables
45 – Figures
214 – Pages
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By component, the services segment to register a higher growth rate during the forecast period
The services segment includes various services that are required to deploy, execute, and maintain the supply chain security software and hardware in an organization. As the adoption of the supply chain security solution increases, the demand for these services is also expected to increase. Supply chain security can be provided through professional security…
