Summary:
- The global AI in logistics and supply chain market is expected to grow to over $19.65 billion by 2034, driven by the increasing adoption of AI technologies in supply chain management.
- AI is being used in various supply chain applications such as demand forecasting, inventory optimization, route planning, and predictive maintenance to improve efficiency and reduce costs.
- The growth of e-commerce and the need for faster and more accurate delivery are also contributing to the increasing demand for AI in logistics and supply chain management.