Global Digital Logistics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2018–2027
“Global Digital Logistics Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global unified communication market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. Global digital logistics market report has been segmented on the basis of component, application, end-user, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our researchers have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Digital logistics is a process of making logistics smarter, with the help of various digital technologies. Increasing adoption of digital technology is fuelling growth of the global digital logistics market over the forecast period.
Global digital logistics market is expected to register substantial growth over the forecast period, owing to increasing volume of data and improved logistics operations. In addition, penetration of E-commerce sector is leading to increasing demand for digital logistics, as it facilitates logistics and supply chain operations, which in turn is fuelling growth of global digital logistics market.
Increasing usage of advanced technology and communication in logistics, reduced operating costs is also expected to have favourable impact on growth of the target market. Increasing adoption of digital technology, upgrading capacities of existing solutions are other factors augmenting growth of the market. Companies are offering innovative web-based mobile applications, coupled with logistic service providers, which helps customers to track the exact location of shipments, thus further improving growth of the global digital logistics market.
However, high data exchange charges are expected to hamper growth of global digital logistics market over the forecast period. Lack of data security and privacy, and lack of IT infrastructure are some other factors expected to hinder growth of global digital logistics market to a certain extent.
Market in North America is expected to witness significant growth, owing to increasing adoption of digital technologies and systems such as radio frequency identification (RFID), electronic data interchange (EDI). Market in Asia Pacific is expected to register lucrative growth opportunities owing to increasing penetration of e-commerce sector, and developing IT infrastructure in emerging economies such as India and China. Markets in Latin America and Middle East and Africa are expected to register moderate growth in the global digital logistics market over the forecast period.
Segmentation and Key Players Operating in Global Digital Logistics Market:
Segmentation by component:
- Database Management Systems
- Order Management Systems
- Fleet Management Systems
- Information Integrated Systems
- Tracking & Monitoring Systems
- Electronic Data Interchange Systems
- Consulting Services
- System Integration Services
Segmentation by application:
- Warehouse Management
- Transportation Management
- Labour Management
Segmentation by end-user:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- SAP SE
- Samsung Electronics Co., Ltd.
- Advantech Co., Ltd.
- Huawei Technologies Co., Ltd.
- Hexaware Technologies Ltd.
- Tech Mahindra Ltd.
- Oracle Corporation HCL Technologies Ltd.
- International Business Machines Corp.
- JDA Software Group, Inc.
- UTi Worldwide Inc.
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