Press release
Digital Logistics Market 2019 Global Leaders: Advantech, SAP SE, Tech Mahindra, Huawei Technologies, JDA Software Group, Hexaware Technologies
Market Highlights
The global digital logistics market is growing at the rapid pace across North America, Europe, Asia Pacific, and rest of the World. In North America region, the digital logistics market is witnessing a high demand due to increasing penetration of digital logistics systems among various industries such as healthcare, defense, automotive and others, which are boosting the market growth to a large extent. The digital logistic is used for real-time location access, delivery notifications as well as the movement of assets.
The North American region is experiencing a huge growth in digital logistics due to increasing demand for mobile and digital communication. The digital logistics help in optimizing the logistics and improves the customer service. Digital transformation in logistics improves the process automation and provides advanced analytics tools for optimizing supply chain operations in pricing, routing, and partial load shipment.
The global Digital Logistics Market is estimated to reach USD ~19 billion by the end of the forecast period of 2023, at a CAGR of approximately ~11%.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Digital logistics Market Research Report – Forecast to 2023”.
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Key Players
Some of the prominent players in the global digital logistics market Tech Mahindra (India), SAP SE (Germany), Oracle Corporation (U.S.), Samsung Group (South Korea), HCL Technologies Limited (India), Advantech Co. (Taiwan), International Business Machines Corporation (U.S.), Huawei Technologies Co., Ltd. (China), JDA Software Group, Inc. (U.S.), Hexaware Technologies (India) among others.
Segmentation of Digital logistics Market
The global digital logistics market is segmented on the basis of component, applications, verticals, and region. The component segment is further sub-segmented as services and system. Furthermore, the system is sub-segmented into database management systems, order management systems, fleet management systems, information integrated systems, tracking and monitoring systems, and electronic data interchange systems. Moreover, services are sub-segmented into consulting services and system integration services. The applications are sub-segmented into warehouse management, transportation management, and labor management. The verticals are segmented into automotive, government, defense, aerospace, healthcare, manufacturing, retail, and others. The market is covered across regions including North America, Europe, Asia Pacific, and Rest of the World.
The global digital logistics market is estimated to reach USD ~ 19 billion by the end of the forecast period of 2023, at a CAGR of ~11%.
Regional Analysis
The regional analysis of digital logistics market is done for regions such as North America, Asia Pacific, Europe, and the Rest of the World. North America is the witnessing high growth due to increasing penetration of digital technologies and systems such as radio frequency identification, electronic data interchange, and others, which is propelling the market of digital logistics. In the European region, the digital logistics market is gaining popularity due to next generation of cloud services which is propelling the market growth. Whereas, Asia Pacific countries, including China, Japan, and India, are the emerging markets for digital logistics, and it is expected to gain momentum with the increasing proliferation of internet connectivity and grow with the highest CAGR in the coming years.
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Intended Audience
• Digital logistics companies
• Digital logistics providers
• Computer graphics developers
• System integrators and third-party vendors
• Government bodies
• Technology investors
• Research institutes and organizations
• Market research and consulting firms
• End-users/enterprise-users
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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