Global Digital Supply Chain Market Projected to Reach $95.1 Billion by 2030, Driven by Advanced Technologies and Increasing Demand for Cloud-Based Solutions

The global Digital Supply Chain market is projected to grow at a CAGR of 5.3% from 2024 to 2030, reaching a valuation of $95.1 billion by the end of the forecast period. The Digital Supply Chain involves the end-to-end delivery of digital media such as audio, video, electronic documents, and other data through various stages and means. As digitalization continues to transform business sectors, the Digital Supply Chain market has gained significant momentum. This market includes solutions for data privacy, copyright protection, and intellectual property preservation. While it primarily serves the media and entertainment industry, it also holds a substantial share in other business sectors. The growing adoption of cloud-based services by small and medium-sized enterprises is driving market growth. Additionally, the rise of digitalization and social media marketing platforms has increased the demand for enterprise software to capture and manage large volumes of consumer data. Key players contributing to the market's growth include Microsoft Corporation, Infor Inc., and Oracle Corporation, among others.

North America dominates the market with a share of 44% in 2023. Cloud infrastructure spending in the U.S. has significantly risen, accelerating digital transformation and driving demand for cloud-based Digital Supply Chain software. The growing benefits posed by the Digital Supply Chain in the construction industry, especially in proactive decision-making and risk identification, are expected to fuel market growth. Additionally, increasing investments in residential construction in the U.S. are expected to flourish the market in the future.

The Digital Supply Chain market is moderately consolidated, with key players adopting strategies such as acquisitions and product launches. Top companies in the market include: IBM, Sage Group, Microsoft, Oracle, Teradata, BlueYonder, Talend, Infor, SAP, SAS & Others.