The Digital Logistics Market size was USD 25.8 billion in 2022 and is expected to Reach USD 124.9 billion by 2030 and grow at a CAGR of 21.8 % over the forecast period of 2023-2030
The Digital Logistics market is experiencing a transformative surge driven by technological advancements and the increasing need for efficient supply chain management solutions. Companies are leveraging digital logistics to streamline operations, optimize resources, and enhance overall productivity. Through the integration of IoT sensors, cloud computing, and big data analytics, stakeholders gain real-time visibility into their logistics networks, enabling proactive decision-making and cost reduction strategies.
Innovations in digital logistics are reshaping traditional paradigms, enabling seamless coordination across disparate systems and facilitating end-to-end visibility. This convergence of technology and logistics is fostering the emergence of smart warehouses equipped with autonomous robots and RFID tagging, enabling precise inventory tracking and automated order fulfillment. Moreover, predictive analytics algorithms are revolutionizing demand forecasting, empowering businesses to anticipate market trends and adjust their supply chains accordingly, thereby minimizing stockouts and excess inventory.
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Digital Logistics industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Digital Logistics market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Huawei Technologies Co., Ltd, IBM, Honeywell, Oracle Corporation, SAP, Intel, HCL Technologies, Blue Yonder, HCL Technologies Limited, AT&T, and other players.
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Digital Logistics market.
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It has segmented the global Digital Logistics market
By System
l Tracking & Monitoring System
l Information Integrated System
l Electronic Data Interchange System
l Database Management System
l Fleet Management
l Order Management System
By Services
l Consulting
l System Integration
By Application
l Warehouse Management
l Labor Management
l Transport Management
By Industry Vertical
l Retail
l e-commerce
l Manufacturing
l Pharmaceuticals
l Aerospace
l Energy
l Utilities
l Automotive
l Others
Key Objectives of the Global Digital Logistics Market Report:
· The report conducts a comparative assessment of the leading market players participating in the global Digital Logistics market.
· The report marks the notable developments that have recently taken place in the Digital Logistics industry
· It details on the strategic initiatives undertaken by the market competitors for business expansion.
· It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Digital Logistics market value chain.
· The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
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