Supply chain risk management is a comprehensive and systematic management method aimed at identifying, evaluating, monitoring, and responding to various risks that may arise in the supply chain, to ensure the stable operation of the supply chain and the sustained profitability of the enterprise. By implementing effective supply chain risk management, enterprises can reduce the losses caused by potential risks, improve the reliability and efficiency of the supply chain, and thereby enhance the overall competitiveness of the enterprise.

Overview of Market Development

With the advancement of globalization and the widespread application of information technology, supply chain networks are becoming increasingly complex and vast. This not only brings improvements in efficiency and convenience but also increases the possibility of supply chain disruptions and risks. Therefore, effective management of supply chain risks is particularly important.

In recent years, the global supply chain management market has shown a steady growth trend. According to our research data, the global supply chain management market is expected to reach $1158 million in 2024, an increase of 12.45% compared to 2023.

Analysis of Market Competitive Landscape

From the perspective of market competition, the concentration of the global supply chain management market is low. The data shows that the total revenue of the supply chain management market for the top 3 enterprises in 2024 is estimated to be $335 million, with an estimated total revenue share of 28.96%; The total revenue of the Top 6 enterprises is estimated to be $532 million, with an estimated revenue share of 45.93%. The top 3 companies are SAP Ariba Inc., GEP, and Oracle. The estimated revenue share of these three companies in the global supply chain management market in 2024 is 12.04%, 9.59%, and 7.33%, respectively.

Source: www.globalmarketmonitor.com

Segmented market analysis

From the perspective of subdivision types, supply chain risk management can usually be divided into supplier risk management, demand risk management, and logistics risk management based on different sources of risk. Among them, supplier risk management occupies a dominant position in the market. The data shows that the estimated size of the global supplier risk management sub-market in 2024 is $643 million, and the market share is expected to reach 55.53%.

From a regional perspective, the global supply chain risk management market is mainly concentrated in North America, Europe, and the Asia Pacific region. Among them, North America is the largest revenue market. Data shows that the North American supply chain risk management market is expected to reach $464 million in 2024, with an estimated market share of 40.07%; The European market is expected to rank second with a share of 31.95%.

From a national perspective, Asian countries such as China, Japan, and India are also important components of the global supply chain risk management market. Especially in China, its huge population and rapidly developing economy provide strong prerequisites and guarantees for the development of this market. According to our prediction, the size of China's supply chain risk management market is expected to reach $132 million in 2024, with an estimated 11.40% market share in the global market.

Global Supply Chain Risk Management Market Size and Share by Type and Region/Country Forecast

	Market Size (Million USD)	Market Share
Segmented by Type
Supplier Risk Management	643	55.53%
Demand Risk Management	189	16.32%
Logistics Risk Management	326	28.15%
Segmented by Region/Country
North America	464	40.07%
Europe	370	31.95%
China	132	11.40%
Japan	63	5.44%
India	54	4.66%
South America	15	1.30%
Middle East & Africa	17	1.47%

Source: www.globalmarketmonitor.com

Market Development Prospect Prediction

In the future, the global supply chain risk management market is expected to continue to grow. On the one hand, with the recovery and growth of the global economy, supply chain activities will become more frequent and complex, and the demand for risk management will correspondingly increase. On the other hand, the development of information technology will provide more means and tools for supply chain risk management, such as the application ofbig data analysis, artificial intelligence,and other technologies, which will make risk management more precise and efficient. It is expected that by 2029, the global supply chain risk management market size will increase to $2011 million.