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The supply chain analytics market is experiencing rapid growth due to the increasing complexity and globalization of supply chains. This market is expected to reach a value of USD 16.1 Billion by 2030, with a CAGR of 20.9% during the forecast period. Key factors driving this growth include the need for real-time visibility, demand forecasting accuracy, inventory optimization, and cost reduction. The market offers a wide range of analytics solutions, including demand forecasting, inventory optimization, transportation management, supplier performance analysis, and risk management, all utilizing advanced techniques such as predictive analytics and prescriptive analytics.
