Digital Logistics Market Overview:
The Digital Logistics Market Report from Maximize Market Research presents clients with a comprehensive assessment of the global market landscape, offering a detailed perspective. Covering the trends , the report is a valuable resource for making crucial business decisions, drawing on the abundant information presented within the study.
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Digital Logistics Market size was valued at USD 25.36 Bn. in 2022 and the total Digital Logistics revenue is expected to grow by 21.5% from 2023 to 2029, reaching nearly USD 99.16 Bn.
Digital Logistics Market Report Scope and Research Methodology
The Digital Logistics market report derives its insights from a comprehensive assessment, drawing on both primary and secondary sources. Country-specific market mapping is accomplished through internal and external proprietary data, alongside relevant patent and regulatory databases, which collectively shape the assessment of Digital Logistics market volume. The competitive dynamics of the Digital Logistics market are dissected with precision, delving into the minute and intricate factors that impact the market.
Market dynamics for digital logistics:
Significant expansion in the e-commerce sector propelling the market's expansion
The e-commerce business has grown exponentially over the previous ten years due to the surge in online purchases and the increase in Internet users. Logistics companies need to work faster and more efficiently to fulfil small, specific requirements as e-commerce activity rises. Online shoppers expect free returns, same-day or same-hour delivery, and order accuracy. E-commerce companies are searching for ways to reduce operating costs and order delivery times.
Digital Logistics Market Regional Analysis:
North America (the United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), the Middle East, and Africa have all been researched (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The Digital Logistics research provides regional competitive situations. These insights assist Digital Logistics market participants in improving tactics and creating new chances to achieve extraordinary results.
Digital Logistics Market Segmentation:
by System
Tracking and monitoring systems
Information integrated systems
Electronic data interchange systems
Database management systems
Fleet management systems
Order management systems
Because operating costs have decreased, the tracking and monitoring system sector held the highest share of 35% in 2022 and is predicted to rise significantly during the projection period. GPS tracking software can be used by fleet management to determine who is misusing a vehicle or taking unproductive routes. In addition to addressing issues related to driving, it will give a precise breakdown of the hours that drivers have claimed. Controlling a company's technology—hardware, networks, communications, operating systems, and apps, among other things—allows monitoring systems to assess how effectively it performs and analyses its operation while also spotting possible problems and sending out alerts.
by Service
Consulting
System integration services
Other services
by Application
Warehouse management
Labor management
Transportation management
by Industry
Vertical Automotive
Government, Defense and Aerospace
Healthcare and Life Science
Telecommunication and IT
Industrial, Engineering and Manufacturing
Retail
Chemical
Oil and Gas
Others
In 2022, the market was dominated by the IT and telecom sector, which held the biggest share according to Industry Verticals. Customers can enjoy ultra-low latency and extremely high bandwidth for efficient data transfer and analysis with the commercial deployment of the 5G delivery system. This is anticipated to incentivize businesses to embrace MEC techniques. New low-power solutions for IoT systems and networks are also being developed by IT hardware and software companies; these are expected to increase sales and provide new revenue streams. For instance, AT&T Inc. has started providing its clients with MEC-based products, services, and solutions in accordance with their unique demands and specifications.
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Digital Logistics Market Key Players:
1. JDA Software
2. Oracle Corporation
3. Samsung Electronics Co
4. SAP AG
5. Advantech Corportion
6. Digilogistics
7. Hexaware Technologies
8. IBM Corporation
9. UTI Worldwide Inc
10. Mindtree
11. PartnerTech
12. Digistics
13. Syntel, Inc.
14. REICHHART Logistics Group
15. Tech Mahindra Limited
16. STAR COOPERATION GmbH
17. AT&T
18. Intel
19. HCL Technologies Limited
20. Huawei Technologies Co., Ltd
21. Honeywell
22. Blue Yonder
Table of content for the Digital Logistics Market includes:
Part 01: Executive Summary
Part 02: Scope of the Digital Logistics Market Report
Part 03: Global Digital Logistics Market Landscape
Part 04: Global Digital Logistics Market Sizing
Part 05: Global Digital Logistics Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Questions Answered in the Digital Logistics Market Report are:
- What is Digital Logistics?
- What is the expected CAGR of the Digital Logistics market during the forecast period?
- What are the global and regional trends in the Digital Logistics Market?
- What are the major challenges that the Digital Logistics Market could face in the future?
- How is the intervention from regulatory authority is shaping the Digital Logistics Market?
- What growth strategies are the players considering to increase their presence in Automotive Relay Market?
- Who held the largest market share in Digital Logistics Market?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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