E-Commerce Logistics Market 2020: Hyper growth recorded in the future
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Supply chain solutions are being customized to serve the user requirements with the transformed fundamentals of product distribution and advancements in technology. Additionally, business analytics has assisted logistics professionals to increase the speed and efficiency of work processes.
A new research report published by Allied Market Research forecasts that the global E-Commerce Logistics Market size to reach $535,895 million by 2022, growing at a CAGR of 21.2% from 2016 to 2022. The transportation service type generated the largest market share in 2015 while warehousing sub-segment is expected to register fastest growth during the forecast period 2016-2022. Asia-Pacific is expected to be the largest market over the forecast period.
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The extended execution of supply chain footprint is highly opportunistic for the market growth. However, factors such as high deployment of warehouse management solutions and regulatory issues restrict the market growth to a considerable extent.
In 2015, transportation sub-segment dominated the market; however, the warehousing service type is anticipated to witness the fastest growth over the forecast period. The integration of e-commerce logistics with transportation management software (TMS) has boosted the e-commerce logistics market growth. TMS aids in planning deliveries across the supply chain. Furthermore, optimizing the flow of goods and leveraging consolidated capacity have increased the growth potential of the market. Further, the domestic operational area leads the global e-commerce logistics market and international operational area portrays the fastest growth rate in the global market.
"Asia-Pacific is the most productive market for e-commerce logistics as compared to others owing to the increasing population, globalization, upsurge in the sales of smartphones, and the increasing number of netizens. Furthermore, LAMEA is projected to grow at the fastest pace over the forecast period owing to technological advancements and rising internet connectivity in the region", states Sonia Mutreja, Lead Analyst, E-Commerce & Outsourcing at AMR.
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MARKET RESTRAINTS AND OPPORTUNITIES:
1 Privacy and security concerns
2 High-resolution satellite imagery
4 Increasing budgetary expenses in military
5 Increased application areas for GPS, LiDAR, mapping services, and others
6 Increasing growth in the smartphone market
THE KEY PLAYERS IN THE GLOBAL E-COMMERCE LOGISTICS MARKET:
o DHL International GmbH
o Aramex International
o FedEx Corporation
o S.F. Express
o Gati Limited
o Kenco Group Inc.
o Ceva Holdings LLC
o United Parcel Service Inc
o Clipper Logistics Plc.
KEY QUESTIONS ANSWERED IN E-COMMERCE LOGISTICS RESEARCH STUDY:
o What is the market growth rate of E-Commerce Logistics Market from 2017-2023?
o What will be the global market size of the market from 2017 to 2023?
o Who are the leading global manufacturing companies in the E-Commerce Logistics Market?
o What are the current trends and predicted trends?
o What are the challenges faced in the E-Commerce Logistics Market?
o Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
o Which will be the anticipated growth rates for your own E-Commerce Logistics economy altogether and also for every segment inside?
o Which will be the E-Commerce Logistics application and types and forecast accompanied closely by producers?
o What are the conclusions of the E-Commerce Logistics Market report?
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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