Digital Logistics Market Analysis
The digital logistics market will touch USD 19 billion at an 11% CAGR in the forecast period 2017- 2023, as per the new Market Research Future (MRFR) analysis. The market research report explores comprehensive study on various segments like Digital Logistics market trends, opportunities, size, development, innovation, sales and overall growth of major players. Digital logistics solutions, simply put, is a process to make logistics smarter, through the help of different digital technologies. In fact the use of advanced communication and technology in logistics that helps to cut down operating costs, improves the overall efficiency, enhances supply chain, and offer customer-centric solutions, is known as digital logistics. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors.
On the contrary, slow adoption of digital logistics solution owing to high capital investment and lack of uniform governance standard in the fragmented logistics industry may deter the digital logistics market growth over the forecast period.
Digital Logistics Market Value Chain Analysis
According to the reports, The worldwide digital logistics market is classified on the basis of components, verticals, applications, and geography. Components include software, hardware, and services. The component sector is further subdivided into two sub-segments, namely, services and systems.
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Digital Logistics Market Key Players
- Tech Mahindra (India)
- SAP SE (Germany)
- Oracle Corporation (U.S.)
- Samsung Group (South Korea)
- HCL Technologies Limited (India)
- Advantech Co. (Taiwan)
- International Business Machines Corporation (U.S.)
- Huawei Technologies Co., Ltd. (China)
- JDA Software Group, Inc. (U.S.)
- Hexaware Technologies (India)
Digital Logistics Market Segmentation
The MRFR report throws light on an inclusive segmental analysis of the global digital logistics market based on verticals, applications, and component.
Solution:
- Asset Management
- Warehouse Management
- Data Management and Analytics
- Security
- Network Management
Services:
- Planning and Consulting Services
- Deployment and Integration Services
- Support and Maintenance
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Based on Function:
- Warehouse Management
- Transportation Management
- Workforce Management
Based on Organization Size:
- Large Enterprises
- SMEs
Based on Deployment Mode:
- Cloud
- On-premises
Based on Vertical:
- Retail and eCommerce
- Manufacturing
- Pharmaceuticals and healthcare
- Aerospace and Defense
- Automotive
- Energy and Utilities
- Others (includes IT, telecom and chemicals)
Digital Logistics Market Regional Analysis
By region, the global digital logistics market revenue covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America and the Rest of the World (RoW). Of these, North America will dominate the market over the forecast period. Increasing penetration of digital systems and technologies like electronic data interchange and radio frequency identification, increasing adoption in automotive, defense, healthcare, and other industries, increasing demand for digital and mobile communication, and growing use for real-time location access, movement of assets and delivery notifications are adding to the global digital logistics industry growth.
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In Europe, the global digital logistics market is predicted to have the second-largest share over the forecast period for the increasing use of next generation of cloud services.
In the APAC region, the global digital logistics market is predicted to grow at a fast pace over the forecast period. Increasing penetration of internet connectivity, booming e-commerce industry, growing transportation business, the expansion of business in untouched areas, developing regional e-commerce sector, the adoption of newer technologies, increasing global competition, increasing penetration of smart devices and connected machines, high economic growth in Vietnam, China, and India, and increasing investments in smart cities are adding to the global digital logistics market growth in the region. India, Japan, and China have the utmost market share.
In RoW, the global digital logistics market is predicted to have sound growth over the forecast period.
Key questions answered in the report include
- who are the key market players in the Digital Logistics Market?
- Which are the major regions for dissimilar trades that are expected to eyewitness astonishing growth for the Digital Logistics Market?
- What are the regional growth trends and the leading revenue-generating regions for the Digital Logistics Market?
- What will be the market size and the growth rate by the end of the forecast period?
- What is the key Digital Logistics Market trends impacting the growth of the market?
- What are the major Product Types of Digital Logistics?
- What are the major applications of Digital Logistics?
- Which Digital Logistics technologies will top the market in next 7 years?
TABLE OF CONTENTS
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Market Structure
2.5 Key Take Away
2.6 Key Buying Criteria
3 Market Insights
4 Research Methoadology
Continued…
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