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IT Spending In Cold Chain Logistics Market Will Grow at CAGR of 8.36% by 2020

05-17-2018 01:26 PM CET | IT, New Media & Software

Press release from: MarketResearchReports.biz

IT Spending In Cold Chain Logistics Market Will Grow at CAGR

The management of cold chain logistics services is a complex process compared to general logistics services. Cold chain logistics carry temperature-sensitive assets, which are prone to product damage if the assets are not maintained under specified temperatures. The management of temperature sensitive products is more complex in cross-border logistics services due to fluctuations in climatic conditions. Temperature controlled logistics services are availed by firms operating businesses based on perishable commodities across different verticals (such as pharmaceuticals, food, and the retail industry). Temperature controlled logistics technology requires IT solutions to capture, store, and analyze real-time information retrieved from cold chain containers and vehicles.

Technavios analysts forecast the global IT spending in cold chain logistics market to grow at a CAGR of 8.36% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global IT spending in cold chain logistics market for 2016-2020. To calculate the market size, the report considers the hardware, and IT services spending on cold chain logistics services provided by pure-play and 3PLs temperature controlled firms.

Get the sample copy of this report @ https://www.marketresearchreports.biz/sample/sample/816244

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global IT Spending in Cold Chain Logistics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Accenture
AT&T
Cisco
SAP
Oracle

Other prominent vendors
BT9
Gemalto
IBM
Infosys
ORBCOMM
Siemens
TCS
Tech Mahindra
Vitria

Market driver
Stringent regulatory and compliance norms
For a full, detailed list, view our report

Request for complete report TOC @ https://www.marketresearchreports.biz/reports/816244/global-it-spending-in-cold-market-research-reports/toc

Market challenge
Lack of adequate ICT infrastructure
For a full, detailed list, view our report

Market trend
Emergence of Internet of Things
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

MRRbiz supports your business intelligence needs with over 700,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments.

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