Digital Logistics Market Analysis The digital logistics market will touch USD 19 billion at an 11% CAGR in the forecast period 20172023, as per the new Market Research Future (MRFR) analysis. 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. Various factors are fuelling the global digital logistics industry share. As per the recent MRFR market estimates, such factors include the large volume of data and improved logistics operations, the increasing demand for digital technology, increasing use during the COVID-19 pandemic, growing ecommerce industries, and increasing number of partnerships. 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 Key Players The notable players profiled in the global digital logistics market report include • • • • • • • • • • • • •
Hexaware Technologies (India) JDA Software Group (U.S.) Huawei Technologies Co. (China) International Business Machines Corporation (U.S.) Advantech Co. (Taiwan) HCL Technologies Limited (India) Samsung Group (South Korea) Oracle Corporation (U.S.) SAP SE (Germany) and Tech Mahindra (India) among others.
Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/5831 Mergers and acquisitions, partnerships, collaborations, joint ventures, new product launch and development, geographic expansions, and others are the key factors used by industry players to stay ahead and also cater to the burgeoning needs of customers. 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. By component, the global digital logistics market is segmented into system and services. The systems segment is again bifurcated into electronic data interchange systems, tracking and monitoring systems, information integrated systems, fleet management systems, order management systems, and database management systems. The services segment is again bifurcated into system integration services and consulting service. Of these, the data base management segment will lead the market over the forecast period. By applications, the global digital logistics market is segmented into labor management, transportation management, and warehouse management.
By verticals, the global digital logistics market is segmented into retail, manufacturing, healthcare, aerospace, defense, government, automotive, and others. Of these, the manufacturing sector will dominate the market over the forecast period. Check Discount @ https://www.marketresearchfuture.com/check-discount/5831 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. 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 ecommerce 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. Get Complete Report Details @ https://www.marketresearchfuture.com/reports/digitallogistics-market-5831 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
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