Digital Logistics Market 2021 Trends, Analysis, Growth, Opportunities, Forecast to 2027
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 market research also clarifies the major digital logistics market players especially wholesalers, distributors, and businessmen by industrial chain structure.
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%.
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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”.
Global Digital Logistics Market Segmentation
The global digital logistics market is segmented into the component, applications, verticals, and region. The component segment is further sub-segmented as services and system. Moreover, services are sub-segmented into consulting services, system integration services. The applications are sub-segmented into warehouse management, transportation management, and labor management. The verticals are segmented into automotive, government, defense and aerospace, healthcare, telecommunication and IT, manufacturing, retail, and others. The market is covered across regions including North America, Europe, Asia Pacific, and Rest of the World.
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Global Digital logistics Market Key Players
The prominent players in the global digital logistics market are 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.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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