Technology
Supply Chain Management in Manufacturing Market to Reach $52.4 Billion by 2032, Growing at a CAGR of 10.4% from 2025–Exclusive Report by Meticulous Research®
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1 year agoon
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Market Growth Driven by Digital Transformation, AI & IoT Integration, and Rising Demand for Resilient Supply Chains
REDDING, Calif., April 8, 2025 /PRNewswire/ — According to a new market research report titled “Supply Chain Management Market in Manufacturing By Component (Solutions {Software and Hardware & Automation}, Services), and End User (Automotive, Electronics and Semiconductor, Pharmaceuticals) – Global Forecast to 2032”, published by Meticulous Research®, the global supply chain management (SCM) market in manufacturing is projected to reach $52.4 billion by 2032, growing at a CAGR of 10.4% from 2025 to 2032. This growth is attributed to the rapid adoption of digital technologies like artificial intelligence (AI), machine learning (ML), IoT, blockchain, and cloud-based SCM platforms, which are revolutionizing modern manufacturing operations.
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KEY MARKET DRIVERS AND TRENDS
The supply chain management market in manufacturing is experiencing robust growth due to the increasing adoption of digital technologies such as Artificial Intelligence (AI), Internet of Things (IoT), blockchain, and cloud-based SCM software. These technologies enable real-time tracking, predictive analytics, and automation, transforming traditional supply chains into dynamic, self-optimizing systems.
The rise of globalization, Just-in-Time manufacturing, and omnichannel distribution have further amplified the need for robust SCM solutions. Additionally, disruptions caused by geopolitical tensions, pandemics, and climate change have pushed manufacturers to invest in risk mitigation strategies and sustainable supply chain practices.
GROWTH OPPORTUNITIES
The global supply chain management market in manufacturing is witnessing unprecedented transformation, opening up several lucrative growth opportunities for stakeholders. One of the most prominent opportunities lies in the integration of AI and machine learning across supply chain networks. These technologies enable manufacturers to move from reactive to predictive operations, with capabilities such as intelligent demand forecasting, anomaly detection, automated replenishment, and real-time optimization. This not only improves efficiency but also boosts resilience to disruptions such as geopolitical shifts, raw material shortages, or transportation delays.
Another major opportunity stems from the growing adoption of cloud-based SCM platforms. As companies shift away from legacy systems, scalable and flexible cloud solutions are enabling small and medium-sized enterprises (SMEs) to access advanced supply chain tools without the need for significant infrastructure investments. These platforms support collaboration across global supplier networks and offer integration with IoT devices, ERP systems, and e-commerce platforms—delivering real-time visibility, inventory accuracy, and agile decision-making.
The rising emphasis on green supply chains and sustainability is also creating new avenues for SCM solution providers. Manufacturers are increasingly seeking tools that help them monitor carbon footprints, track energy consumption, optimize transportation routes, and ensure ethical sourcing. Supply chain transparency has become essential to meet consumer expectations and regulatory compliance, particularly in sectors like food & beverage, fashion, and electronics.
Digital twin technology is another rapidly emerging opportunity. By creating virtual replicas of supply chain operations, digital twins enable scenario planning, performance simulation, and disruption modeling. This is particularly beneficial in industries with complex logistics and tight delivery schedules, such as automotive and aerospace.
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MARKET CHALLENGES
Despite the rapid advancement and widespread adoption of modern supply chain management (SCM) solutions in the manufacturing industry, several key challenges continue to hinder seamless implementation and scalability. One of the most pressing challenges is the fragmentation of supply chain data across multiple systems, partners, and geographies. Many manufacturers still operate with legacy infrastructure and siloed data, making it difficult to achieve end-to-end visibility and synchronization. This lack of data integration leads to delayed decision-making, forecasting errors, and operational inefficiencies, particularly in global manufacturing networks where speed and accuracy are critical.
High implementation costs and complexity of integration pose another significant hurdle, especially for small and mid-sized manufacturers. Deploying advanced software platforms, automation tools, and AI-driven technologies requires substantial upfront investment, skilled personnel, and infrastructure upgrades. Additionally, integrating new systems with existing enterprise resource planning (ERP), customer relationship management (CRM), and production management tools can be both time-consuming and resource-intensive.
Cybersecurity risks have also emerged as a major concern, as digital transformation opens up supply chains to increased vulnerability. With rising interconnectivity between devices, cloud systems, and external vendors, the risk of data breaches, ransomware attacks, and intellectual property theft becomes more pronounced. Manufacturers must not only invest in SCM technologies but also in robust security frameworks, real-time monitoring, and data encryption protocols to safeguard their digital assets.
SEGMENT INSIGHTS
The global supply chain management market in manufacturing is segmented by component (solutions, services, hardware & automation), end user (automotive, electronics & semiconductor, industrial machinery, pharmaceuticals, chemicals, aerospace & defense, food & beverages, oil & gas, and others), and geography. The study also evaluates industry competitors and analyzes the market at the country and regional levels.
Market by Component
By 2025, supply chain management solutions are anticipated to lead the manufacturing market landscape, accounting for nearly 70% of the total market share. This dominance is driven by several factors, including the growing need for operational resilience, risk mitigation strategies, the increasing intricacy of global manufacturing supply chains, and rising expectations for real-time data visibility and actionable analytics. Manufacturers across sectors are under pressure to balance cost reduction with the need to boost service efficiency and adhere to regional regulatory mandates. Advanced software tools such as Enterprise Resource Planning (ERP), Warehouse Management Systems (WMS), Transportation Management Systems (TMS), and demand planning platforms are seeing greater adoption. These tools are instrumental in optimizing inventories, improving supplier collaboration, and minimizing disruptions. The ongoing shift toward Industry 4.0, coupled with advancements in IoT, cloud computing, and AI-based analytics, is accelerating the transition toward digital SCM ecosystems.
Among components, the software solutions segment is expected to hold the largest market share in 2025 due to its critical role in demand planning, supplier collaboration, and risk mitigation. Meanwhile, the hardware & automation segment is poised for the fastest growth, driven by rising adoption of robotics, RFID, and warehouse automation to improve operational efficiency and reduce labor dependency.
Market by End User
In terms of application, the automotive industry is expected to retain the largest share of the supply chain management market in manufacturing by 2025. This is primarily due to the highly integrated, global, and time-sensitive nature of automotive supply chains. Automakers depend on a just-in-time production model that requires meticulous coordination among numerous tiered suppliers for sourcing thousands of components. Strict adherence to quality standards (e.g., IATF 16949), combined with the industry’s lean manufacturing philosophy, necessitates the deployment of advanced SCM technologies for supplier collaboration, logistics tracking, and demand planning. The increasing penetration of electric vehicles (EVs) and connected mobility solutions is prompting automotive manufacturers to adopt AI, IoT, and blockchain technologies to optimize logistics and ensure traceability of critical components.
On the other hand, the electronics and semiconductor sector is projected to register the highest growth rate, with a CAGR of 12.2% from 2025 to 2032. This rapid expansion is influenced by its globally fragmented production networks, short product innovation cycles, and heightened sensitivity to disruptions. The semiconductor supply crunch during 2020–2023 exposed systemic vulnerabilities, pushing firms to embrace predictive analytics, diversified supplier bases, and real-time monitoring.
Additionally, the precision required for transporting and assembling semiconductors—given their high cost and sensitivity—demands the integration of AI-powered quality control, blockchain-based authentication, and IoT-enabled environmental tracking. As emerging technologies such as 5G, AI, and edge computing become mainstream, companies in this sector are turning toward flexible, data-centric supply chain architectures to meet fast-changing market demands.
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GEOGRAPHIC MARKET INSIGHTS
Regionally, Asia-Pacific is positioned to dominate the global supply chain management market in manufacturing by 2025, both in market share and growth rate. The region is projected to expand at a CAGR of 11.4% during the forecast period of 2025–2032. This growth is underpinned by a combination of economic advantages, strategic infrastructure, and technological readiness. Countries like China, India, Japan, and South Korea have established themselves as global manufacturing powerhouses, supported by government-led industrial initiatives, a skilled labor force, and a robust supply chain ecosystem.
The region benefits from cost-efficient labor, supportive trade policies, and continued investments in smart manufacturing technologies. Furthermore, the rapid adoption of AI, IoT, and cloud-based SCM platforms is enabling manufacturers to streamline logistics, enhance visibility, and respond to disruptions in real time.
In addition to being major manufacturing hubs, these countries also represent significant consumer markets, thereby enhancing local demand and reducing the need for long-distance supply chains. As a result, Asia-Pacific offers a compelling growth environment for companies investing in modern supply chain technologies.
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COMPETITIVE LANDSCAPE
Major companies in the global supply chain management market in manufacturing have implemented various strategies to expand their product offerings, footprints, and market shares. The key strategies followed by most companies in the supply chain management market in manufacturing were product launches, mergers & acquisitions, agreements, collaborations, and partnerships. Product launches accounted for a major share of the total strategic developments from key players between 2022 and 2025, followed by partnerships, agreements, collaborations, and mergers & acquisitions.
Some of the prominent players that adopted these growth strategies are SAP SE (Germany), Oracle Corporation (U.S.), Blue Yonder Group, Inc. (formerly JDA Software) (U.S.), Manhattan Associates Inc. (U.S.), Siemens AG (Germany), Kinaxis Inc. (Canada), IBM (U.S.), Logility Supply Chain Solutions, Inc. (U.S.), Coupa Software Inc. (U.S.), Honeywell International Inc. (U.S.), Zebra Technologies Corporation (U.S.), Dematic (KION Group) (U.S.), Dassault Systèmes SE (France), and Körber AG (Germany), among others.
Related Reports:
Digital Transformation Market in Manufacturing
Cyber-physical Systems (CPS) Market in Manufacturing
About Meticulous Research
We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement. Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight major sectors and 20+ geographic markets, all to deliver targeted business insights that help our clients lead in a rapidly evolving global market.
With a strong focus on problem-solving for complex business challenges, our research enables organizations to navigate change with assertion, aligning it with strategic pathways for sustainable growth. By identifying innovative and effective solutions, we empower leaders to make impactful decisions that drive operational excellence and fuel innovation. We are committed to crafting insights that enhance business performance and help our clients unlock new revenue opportunities, positioning them for long-term success in the competitive global marketplace.
To find out more, visit www.meticulousresearch.com or follow us on LinkedIn
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ADX welcomes Morgan Stanley as the first international investment bank Remote Trading Member, expanding global access to Abu Dhabi’s capital markets
Published
5 hours agoon
May 5, 2026By
ABU DHABI, UAE, May 5, 2026 /PRNewswire/ — The Abu Dhabi Securities Exchange (ADX) Group today announced that Morgan Stanley, a leading investment bank and financial services company, has joined the ADX as its first international investment bank Remote Trading Member — enabling Morgan Stanley’s clients to access the ADX directly.
This milestone strengthens ADX’s global connectivity and supports growing international institutional demand for exposure to UAE markets. It also reinforces its position as one of the world’s fastest-growing exchanges by market capitalization, while highlighting the market’s continued progress in depth, liquidity, and inclusion in major global indices.
Remote membership enables Morgan Stanley to provide its clients with direct market access to the ADX, with trading conducted via the firm’s global trading platform. The ADX continues to play a pivotal role in advancing Abu Dhabi’s long-term economic ambitions, as a mechanism for a diversified, innovation-led, knowledge-based economy.
Morgan Stanley’s direct trading access to ADX reflects the strength of Abu Dhabi’s investment proposition and the continued institutionalization of UAE capital markets. Morgan Stanley’s membership will enhance execution quality, optimize order routing, and provide greater control across the end-to-end trade lifecycle, delivering an advanced trading experience for global investors.
The structure follows a proven international access model used by Morgan Stanley and is designed to meet growing client demand for efficient, transparent, and seamless access to ADX-listed opportunities.
Abdulla Salem Alnuaimi, Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX) Group, said: “This marks a significant step in advancing our ambition to be a leading financial marketplace that drives opportunity and sustainable economic growth. This momentum is reflected in the strong foreign investor participation, with trading value exceeding 85 billion dirhams in the first quarter of 2026 up by 22% year on year. This performance underscores the growing depth and global relevance of our market, while reinforcing our commitment to expanding international access, strengthening cross-border connectivity, and building a world-class market infrastructure that attracts global capital, supports a diverse range of issuers and contributes to Abu Dhabi’s long-term economic prosperity.”
Patrick Delivanis, Regional Co-Head of MENA at Morgan Stanley, said: “Becoming a Remote Trading Member of ADX reflects our focus on providing clients with efficient, seamless access to Abu Dhabi’s capital markets through our market–leading trading platform. We see continued momentum in the institutionalization and international participation of UAE markets, and we’re pleased to support that evolution by enabling international investors to access opportunities in MENA with direct connectivity to local markets, alongside greater transparency and control across the trading lifecycle.”
Morgan Stanley’s participation aligns with ADX’s strategy to strengthen international connectivity, with remote memberships selectively offered to global firms to attract high-quality cross-border liquidity. The announcement builds on the ADX’s expansion momentum: in 2025, foreign investment rose by nearly 14% and institutional trading increased by 10% year on year. Subject to final operational readiness, Morgan Stanley expects to begin trading as a remote member in the coming weeks.
About Abu Dhabi Securities Exchange (ADX)
The Abu Dhabi Securities Exchange (ADX) was established on 15 November 2000 pursuant to Local Law No. (3) of 2000, which granted the exchange legal rights with independent financial and administrative status, as well as the necessary supervisory and executive powers necessary to carry out its functions. On 17 March 2020, the ADX was converted from a public entity into a Public Joint Stock Company (PJSC) in accordance with Law No. (8) of 2020.
The ADX Group, a market infrastructure group comprising the exchange (ADX) and its post-trade ecosystem, including its wholly owned subsidiaries AD Depository and AD Clear, was established. Through its integrated and globally aligned business structure, the ADX Group supports efficient, transparent, and resilient capital markets across trading, clearing, settlement, and custody.
The Group provides an efficient and regulated marketplace for the trading of securities, including equities issued by public joint-stock companies, bonds issued by governments and corporations, exchange-traded funds (ETFs), and other financial instruments approved by the UAE Capital Market Authority.
The ADX is the second-largest exchange in the Arab region by market capitalization. Its strategy of delivering stable financial performance through diversified revenue streams is aligned with the UAE’s national development agenda, “Towards the Next 50”, which aims to build a sustainable, diversified, and high-value-added economy.
For more information, please contact:
Abdulrahman Saleh ALKhateeb
Manager of Corporate Communication
Abu Dhabi Securities Exchange (ADX)
Mobile: +971 (50) 668 9733
Email: ALKhateebA@adx.ae
SOURCE Abu Dhabi Securities Exchange (ADX)
Technology
Geotab integrates Polestar vehicles into its OEM telematics network
Published
5 hours agoon
May 5, 2026By
Fleet operators across North America, Europe, and APAC can now access Polestar vehicle data directly in MyGeotab — no aftermarket hardware required.
LONDON, UK, May 5, 2026 /PRNewswire/ — Geotab, a global leader in connected vehicle and asset management solutions, today announced the integration of Polestar vehicles into its OEM telematics network, giving commercial fleet operators seamless access to Polestar data within MyGeotab from day one — with no aftermarket hardware installation required. The integration is available globally across North America, Europe, and Asia Pacific, supporting all Polestar models.
Developed in collaboration with Geotab, among other telematics service providers, Polestar Fleet Telematics integrates directly into MyGeotab. The Geotab integration enables fleet managers to manage Polestar vehicles alongside all other makes and models on a single unified platform — without fitting additional devices.
Connected vehicle data where it matters most
Through Polestar Fleet Telematics, fleet operators gain near-real-time access to a comprehensive dataset — covering EV battery and charging status, location, tyre information, vehicle security, maintenance alerts, and climate data — flowing directly from Polestar’s connected vehicle architecture into MyGeotab, with no physical installation required.
This breadth of data enables fleet managers to move from reactive to proactive operations — scheduling maintenance before failures occur, optimising charge planning across depots, and maintaining duty-of-care oversight across the entire fleet.
Supporting Europe’s Mixed-Fleet Reality
OEM-embedded telematics removes the need for aftermarket device installation across mixed-manufacturer fleets, reducing logistical overhead and supporting compliance with works council and GDPR requirements — a critical consideration for European fleet operators.
“Polestar Fleet Telematics combines sustainability with intelligence, integrating seamlessly with Geotab to deliver these capabilities directly into the platforms fleet operators trust. Continuous data visibility enables more efficient and informed fleet operations, from day-to-day management to long-term planning. By leveraging Polestar vehicles’ embedded connectivity, fleet managers can make smarter, data-driven decisions — without adding hardware or complexity to their operations.” said Emma Knapp, Manager of Global Key Accounts at Polestar.
Polestar joins an OEM telematics network that already spans over 80% of leading global vehicle manufacturers by fleet market share, including BMW Group, Ford, Stellantis, Volkswagen Group, and Volvo Cars. For fleet operators already using MyGeotab, Polestar vehicles can be connected and deliver data without any additional hardware or installation.
“OEM-embedded telematics represents a change in how fleet data reaches the platform — and Polestar’s connected vehicle architecture makes this integration particularly well-suited for markets that are seriously considering transitioning to electric vehicles.” said Christoph Ludewig, Vice President OEM Global at Geotab. “Fleet operators managing mixed EV and internal combustion engine fleets no longer need separate tools or hardware for each vehicle type. Polestar data flows directly into MyGeotab alongside every other vehicle in the fleet — giving operators the consolidated visibility they need to drive efficiency, support duty of care, and manage their EV transition with confidence.”
Global Availability
The integration is available now across North America, Europe, and Asia Pacific, supporting all Polestar models. Fleet managers can activate the service via the Geotab Marketplace or by contacting their Geotab representative.
About Polestar
Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.
Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.
Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.
About Geotab
Geotab is a global leader in connected vehicle and asset management solutions, with headquarters in Oakville, Ontario and Atlanta, Georgia. Our mission is to make the world safer, more efficient, and sustainable. We leverage advanced data analytics and AI to transform fleet performance and operations, reducing cost and driving efficiency. Backed by top data scientists and engineers, we serve approximately 100,000 global customers, processing 100 billion data points daily from more than 5 million vehicle subscriptions. Geotab is trusted by Fortune 500 organisations, mid-sized fleets, and the largest public sector fleets in the world, including the US Federal government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, ecosystem of outstanding partners, and Geotab Marketplace deliver hundreds of fleet-ready third-party solutions. This year, we’re celebrating 25 years of innovation. Learn more at www.geotab.com/uk and follow us on LinkedIn or visit our blog.
GEOTAB and GEOTAB MARKETPLACE are registered trademarks of Geotab Inc. in Canada, the United States and/or other countries.
Media Contact: Geotab Contact, Romina Dashghachian, Strategic Communications Lead, EMEA, pr@geotab.com
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IDX Opens Geneva Office and Strengthens Global Data & Insights Capability
Published
5 hours agoon
May 5, 2026By
New Swiss presence and specialist team integration support growing global demand for evidence-based, defensible communications strategies
LONDON, May 5, 2026 /PRNewswire/ — IDX today announced the opening of its new Geneva office and the integration of a specialist Data & Insights team, strengthening the company’s international footprint and expanding its ability to help clients worldwide build communications strategies grounded in evidence, market intelligence and audience insight.
The expansion gives IDX an on-the-ground presence in Switzerland while adding further depth to its Data & Insights capability. The Geneva-based team will work closely with IDX specialists across performance marketing and corporate communications, helping clients develop a clearer view of the markets they operate in and the forces shaping their growth.
The move aligns with Destination 250 – Customers First, IDX’s global strategy to grow its team by 250, focused on deepening client value, strengthening delivery and investing in the capabilities that matter most to clients.
The investment strengthens the Data pillar of IDX’s Connected Content™ model, which combines Creative, Data, Technology and Media to create what IDX calls The Multiplier Effect, helping clients multiply what matters through more connected, measurable and effective work.
“IDX is experiencing phenomenal growth, and our new Geneva office gives us boots on the ground to better serve clients across Europe and globally across performance marketing, investor relations and corporate communications,” said Crispin Beale, Worldwide CEO, IDX. “Data has been at the heart of this business for decades, and this centre of excellence reflects our continued investment in that capability. It’s an incredibly exciting time for IDX, and I look forward to the next phase of our growth as we continue to expand globally.”
“This is an exciting step in IDX’s growth story and a clear response to what clients are asking for: more evidence-based thinking, stronger market context and clearer rationale behind their communications strategies,” said Chris Corrigan, Chief Customer Growth Officer, IDX. “Our new presence in Geneva, combined with deeper Data & Insights expertise, strengthens the way we support clients globally, giving them earlier access to the insight and market context they need to make better-informed decisions and turn evidence into action.”
The Geneva office will strengthen relationships with existing clients in the region, support re-engagement with former partners and create new opportunities for IDX with organisations operating across European and global markets. It reflects IDX’s continued investment in the capabilities that matter most to clients as communications, marketing and corporate reputation work become increasingly data-led and commercially accountable.
“IDX’s integrated offer across insights, performance marketing and corporate communications, powered by the combination of human intelligence, advanced technology and AI, represents exactly where the industry is heading,” said Lonneke de Roo, Head of Data & Insights, IDX. “I am delighted to join the business and help clients navigate increasingly complex markets with clearer evidence, sharper insight and more connected strategies.”
ABOUT IDX
IDX is a global strategic communications and marketing agency, headquartered in London with offices around the world, including New York, London, Phoenix, Helsinki, Gothenburg, Geneva, and Vadodara. Working with more than 1,600 clients across sectors, IDX combines deep industry knowledge with a data-first mindset to help ambitious brands thrive in complex, fast-moving markets. The firm specialises in performance marketing, investor relations, and stakeholder engagement, delivering integrated campaigns that drive meaningful business outcomes. Visit www.idx.inc to learn more.
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