Supply Chain Security

Global Supply Chain Security Market to Reach US$4.4 Billion by 2030

The global market for Supply Chain Security estimated at US$2.6 Billion in the year 2024, is expected to reach US$4.4 Billion by 2030, growing at a CAGR of 9.7% over the analysis period 2024-2030. Hardware, one of the segments analyzed in the report, is expected to record a 8.2% CAGR and reach US$2.5 Billion by the end of the analysis period. Growth in the Software segment is estimated at 12.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$695.0 Million While China is Forecast to Grow at 13.0% CAGR

The Supply Chain Security market in the U.S. is estimated at US$695.0 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$891.0 Million by the year 2030 trailing a CAGR of 13.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 7.0% and 8.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR.

Global Supply Chain Security Market – Key Trends & Drivers Summarized

Why Is Supply Chain Security Now a Critical Priority for Global Businesses?

In today’s interconnected economy, supply chains have become increasingly complex, spanning continents and involving multiple stakeholders, technologies, and regulatory frameworks. As a result, supply chain security has transitioned from a back-office concern to a top-tier strategic imperative for organizations across industries. The threat landscape is expanding—ranging from cyberattacks on software vendors and logistics networks to physical theft, counterfeiting, and geopolitical disruption. Events such as the COVID-19 pandemic, the Suez Canal blockage, and the Russia-Ukraine conflict have exposed just how vulnerable supply chains can be to both digital and physical threats. Companies are now investing heavily in securing their end-to-end value chains to protect operational continuity, ensure product integrity, safeguard sensitive data, and comply with tightening regulatory requirements. Cybersecurity, physical asset protection, third-party risk management, and regulatory compliance are now interwoven aspects of a comprehensive supply chain security strategy. As digital transformation accelerates and supply networks become more globalized and data-driven, the need for multi-layered, real-time security frameworks has never been more urgent or vital for business resilience.

How Are Cybersecurity Threats Reshaping the Supply Chain Security Landscape?

The rise in cyberattacks targeting supply chain infrastructure—particularly through third-party software providers, logistics platforms, and manufacturing systems—is fundamentally reshaping how organizations approach supply chain security. Threat actors increasingly exploit supplier vulnerabilities to gain access to broader networks, as seen in the infamous SolarWinds and Kaseya breaches. The increasing use of cloud-based systems, IoT devices, and connected logistics platforms exposes multiple entry points for cyber intrusions, data theft, ransomware, and operational sabotage. To mitigate these risks, companies are implementing advanced security frameworks, including zero-trust architectures, endpoint protection, intrusion detection systems, and real-time monitoring across the entire digital supply chain. Vendor security assessments, multi-factor authentication, secure data exchange protocols, and regular penetration testing are becoming standard practices. Regulatory bodies around the world are also mandating stricter cybersecurity controls in supply chains—such as the U.S. Executive Order on Improving the Nation’s Cybersecurity and the EU’s NIS2 directive. Cyber-resilient supply chains now require continuous vigilance, collaboration with trusted IT partners, and security-by-design principles across digital procurement, manufacturing, and distribution networks.

Why Are Physical Security and Visibility Still Crucial in the Digital Age?

While digital risks dominate headlines, physical security remains an equally critical component of supply chain protection. Theft, tampering, smuggling, and counterfeiting continue to pose major threats to cargo and product integrity—especially in sectors like pharmaceuticals, electronics, food, and luxury goods. As global logistics networks stretch across multiple borders and jurisdictions, physical vulnerabilities multiply. In-transit theft, warehouse breaches, and unsecured last-mile delivery remain persistent challenges. To address these threats, companies are investing in GPS tracking, RFID tags, tamper-evident packaging, secure containers, and geofencing technologies that enhance visibility and control across the supply chain. Advanced analytics and AI-driven anomaly detection tools now enable real-time alerts for suspicious activity, cargo deviations, or delays, allowing swift response to potential breaches. Security protocols are also being strengthened at border crossings, warehouses, and distribution centers to ensure compliance with customs regulations and international standards. Moreover, companies are increasingly turning to blockchain and digital twins to verify product authenticity and provenance, reducing the risks associated with counterfeit goods and unauthorized substitutions. Physical security, enhanced by digital tools, continues to be a vital layer of supply chain integrity—especially in high-value, high-risk, or highly regulated industries.

What’s Driving the Global Surge in Investment in Supply Chain Security?

The growth in the supply chain security market is driven by several converging factors related to risk exposure, digital transformation, geopolitical tensions, regulatory scrutiny, and rising consumer expectations. One of the most prominent drivers is the increased frequency and sophistication of supply chain disruptions—whether from cybercrime, natural disasters, or political conflict—that have revealed the fragility of global networks. In response, businesses are accelerating investment in technologies that provide real-time visibility, predictive analytics, and automated threat response. The digitalization of supply chains—through cloud platforms, IoT sensors, AI, and blockchain—requires parallel investment in security infrastructure to ensure resilience and protect sensitive trade data. Regulatory mandates such as CTPAT, ISO 28000, and GDPR are compelling companies to reassess their security practices across suppliers and logistics partners. Additionally, consumers are demanding transparency, ethical sourcing, and authenticity, pushing brands to implement secure traceability systems that prevent fraud and ensure accountability. As environmental and social governance (ESG) metrics gain importance, secure and transparent supply chains are becoming integral to reputation management and stakeholder trust. With the financial, operational, and reputational risks of security breaches rising sharply, supply chain security is no longer optional—it is a critical component of long-term strategy and a major area of global enterprise investment.

SCOPE OF STUDY:

The report analyzes the Supply Chain Security market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Component (Hardware, Software, Services); Security Type (Data Locality & Protection, Data Visibility & Governance, Others); Vertical (Healthcare & Pharmaceuticals, Retail & E-Commerce, Automotive, Transportation & Logistics, Manufacturing, Others)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 43 Featured) -

• Aqua Security
• Armis Security
• BitSight
• Check Point Software
• Cisco Systems
• CrowdStrike
• Eclypsium
• Fortinet
• IBM
• JFrog
• McAfee
• Microsoft
• OneTrust
• Oracle
• Palo Alto Networks
• ProcessUnity
• Qualys
• Rapid7
• SAP
• SecurityScorecard
• ServiceNow
• Snyk
• SOCRadar
• Sonatype
• Symantec
• Tenable
• Trend Micro
• UpGuard
• Venminder
• Wiz

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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