Digital Logistics Market at a CAGR of 7.89% Rising Enterprise Efficiency and Dominated by Top Competitors (IBM, Advantech, Oracle, Samsung, DigiLogistics, Hexaware, Tech Mahindra) and Global Foreseen Till 2023

Marketprognosis.com Publish a New Market Research Report On “Global Digital Logistics Market - Segmented by Type of System, Service (System Integration Services and Consulting Services), End User, and Region - Growth, Trends, and Forecast (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Digital Logistics Market:

The Global Digital Logistics Market is expected to register a CAGR of 7.89% during the forecast period of 2018-2023.

Besides impacting the cost side of the value equation, it also fuels the growth, through the capability to deliver customer-focused, personalized logistics, with unique customer satisfaction. Companies implementing digital logistics recognize that there is advancement in capabilities, which begin with functional excellence, enterprise logistics management, and eventually to the supply chain integration and collaboration, which will brand the supply chain leaders. Currently, logistics professionals have a powerful range of new digital logistics tools, which can be strategically deployed, in order to unlock significant value and produce customer-focused logistics systems that offer a long-term competitive advantage.

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Digital logistics is being driven by the emergence of e-commerce and m-commerce, which have empowered customers to source products from all over the world. With digital logistics, the new enterprise and supply chain logistics applications are united with core warehouse, labor management systems, and transportation, to ensure fulfillment, excellence, and enable new process models.

As per the US Department of Commerce, it costs companies above USD 40 billion a year, due to employee theft. The logistics security issue has a huge influence over both large and small companies. Therefore, companies are moving toward the adoption of digital logistics.

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The tracking and monitoring of shipments are quite important for manufacturing companies, in terms of customer service and proficiently managing logistics networks. Across the globe, industries are facing problems while tracking and monitoring their logistics supply networks, which is creating significant coordination problems at product development sites. This problem results in losing track during delivery, distribution, and production in the complete logistics chain, from source to destination, which is the main reason for opportunity cost via customer disappointment. Tracking systems help identify the position of the consignment and inform the customer well in advance. This system might fulfil the concerns of the project manager, to track the production process from initiation until completion.

Major Key Players:

1 IBM Corporation

2 Advantech Corporation

3 Oracle

4 Samsung Electronics Co. Ltd

5 DigiLogistics

6 Hexaware Technologies Limited

7 Tech Mahindra Limited

8 JDA Software Pvt. Ltd and More……………….

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Digital Logistics Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Global Digital Logistics Market Segmentation

6 Vendor Market Share

7 Competitive Intelligence - Company Profiles

8 Investment Analysis

9 Future of the Digital Logistics Market

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This release was published on openPR.