Supply Chain Security Market growing at a CAGR of 11.1% from 2023 to 2030
Supply Chain Security Industry Overview The global supply chain security market size was evaluated at USD 2.13 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 11.1% from 2023 to 2030. The growing number of cyberattack incidents across supply chain process is expected to drive the demand for supply chain security. Supply chain security solution enables customers to focus on managing external vendors, transportation, suppliers, and logistics risks. The increasing need for transparency and sustainability is further boosting market growth. However, high cost associated with deploying security solutions can hamper market growth, majorly across Small- And Medium-Sized Enterprises (SMEs). Supply chain cyberattacks refer to the vulnerabilities in software systems, such as piracy, malware attacks, unauthorized access across software, and malicious backdoor attacks. Gather more insights about the market drivers, restrains and growth of the Supply...