Digital Logistics Market Historical Analysis, Comprehensive Research Study and Future Estimations 2023
Market Highlights
The global digital logistics market is growing at the rapid pace across North America, Europe, Asia Pacific, and rest of the World. In North America region, the digital logistics market is witnessing a high demand due to increasing penetration of digital logistics systems among various industries such as healthcare, defense, automotive and others, which are boosting the market growth to a large extent. The digital logistic is used for real-time location access, delivery notifications as well as the movement of assets.
The North American region is experiencing a huge growth in digital logistics due to increasing demand for mobile and digital communication. The digital logistics help in optimizing the logistics and improves the customer service. Digital transformation in logistics improves the process automation and provides advanced analytics tools for optimizing supply chain operations in pricing, routing, and partial load shipment.
The global Digital Logistics Market is estimated to reach USD ~19 billion by the end of the forecast period of 2023, at a CAGR of approximately ~11%.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Digital logistics Market Research Report – Forecast to 2023”.
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Key Players
Some of the prominent players in the global digital logistics market 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) among others.
Global Digital Logistics Market Segmentation:
By component, the market has been segmented into services, and, systems. The systems segment has been further sub-segmented into database management systems, order management systems, fleet management systems, and information integrated systems, tracking and monitoring systems, and, electronic data interchange systems. The services segment is sub-segmented into consulting services, and, system integration services.
By application, the market has been segmented into warehouse management, transportation management, and, labor management.
By verticals, the market is segmented into automotive, government, defense, aerospace, healthcare, manufacturing, retail, and, others.
Regional Analysis:
By region, the digital logistics market has been segmented into North America, Asia Pacific, Europe, and the Rest of the World (RoW). North America market will be retaining its dominance across the assessment period owing to the immense demand and supply expected to generate in the region. Moreover, the technology adoption rate has always been higher in this market than in any other markets. The growing faith of the industry leaders in digital technologies will fuel the market growth in the region.
Europe market will multiply revenue generation due to the wide scale penetration of the cloud services. The developments in the industrial sector will also fuel the demand for digital logistics in the region. Asia Pacific market borders the fastest growing economies that are focusing on the technological advancements for the smooth and optimum functioning of the industrial sector. Therefore, the market in this region for digital logistics is expected to proliferate at a robust CAGR. The major contributions in this region will be generated from markets in China, Japan, and India.
Intended Audience
Digital logistics companies
Digital logistics providers
Computer graphics developers
System integrators and third-party vendors
Government bodies
Technology investors
Research institutes and organizations
Market research and consulting firms
End-users/enterprise-users
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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 Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 The Increasing Demand For Transport Services
5.2.2 The Increasing Penetration Of Digital Technology
5.2.3 Growing E-Commerce Sector
5.3 Restraints
5.3.1 Lack Of Information And Communication Infrastructure
5.4 Opportunities
5.4.1 Increasing Adoption Of Cloud-Based Services
5.5 Supply Chain Analysis
5.6 Porter’s Five Forces Model
5.6.1 Threat Of New Entrants
5.6.2 Bargaining Power Of Suppliers
5.6.3 Bargaining Power Of Buyers
5.6.4 Threat Of Substitutes
5.6.5 Intensity Of Rivalry
Continued…
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