Press release
Digital Transformation in Logistics Market - Detailed Analysis of Current and Future Industry Figures till 2027 | 3GTMS, 4Flow, Advantech, APL, Digital Logistics Group, Hexaware, IBM, JDA Software WMS, Logistic Solutions, LOGITECH
Digital Transformation in Logistics market is essential to enhance the efficiency of operations and to reduce the costs. Digital Transformation in logistics creates new business concepts and service models to help supply chain and logistics players gain a competitive edge over competitors. Efficiency, escalation, speed, and timing have always been important in logistics and transportation. Today, amidst accelerating technology evolution and in an increasingly digital environment, digital Transformation is resulting in the next revolution of industry, known as Industry 4.0.
Advantages such as faster and easy operations, digital freight matching, seamless connectivity, carrier compliance & rate management deployment along with scalability flexibility, and the rising demand from businesses to lower capital and operational expenditures are anticipated to boost the digital Transformation in logistics market globally. Concerns around the compatibility of various enterprise applications in the digital Transformation are one of the major restraining factors in the digital Transformation in logistics market. Growing digital penetration in various logistics processes is anticipated to further provide good opportunities to the players operating in the digital Transformation in logistics market.
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The reports cover key developments in the Digital Transformation In Logistics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Digital Transformation In Logistics market are anticipated to lucrative growth opportunities in the future with the rising demand for Digital Transformation In Logistics market in the global market.
Key Players Influencing the Market
• 3GTMS, Inc.
• 4Flow AG
• Advantech Co., Ltd.
• APL Logistics Ltd
• Digital Logistics Group Ltd.
• Hexaware Technologies
• IBM Corporation
• JDA Software WMS
• Logistic Solutions, Inc.
• LOGITECH Corporation
The “Global Digital Transformation In Logistics Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Digital Transformation In Logistics market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Digital Transformation In Logistics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Digital Transformation In Logistics market players and offers key trends and opportunities in the market.
The global digital Transformation in logistics market is segmented on the basis of service, solution, system, equipment industry and deployment. On the basis of service, consulting and training, implementing and integration, operation and maintenance. On the basis of solution, the market is segmented into hardware, and software solution. The digital Transformation in logistics market is segmented on the basis of the system into conveyors, automated retrieval storage system, automatic sorters, automatic guided vehicle, and robotic picking system. On the basis of equipment, the market is segmented into RFID readers, real-time location system, barcode scanners, and barcode printers. On the basis of deployment, the market is segmented into cloud based, and on-premises.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Digital Transformation In Logistics market based on providers, billing type, enterprise size, and application. It also provides market size and forecast till 2027 for overall Digital Transformation In Logistics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Digital Transformation In Logistics Market.
• Key market trends cracking up the growth of the Digital Transformation In Logistics Market.
• Challenges to market growth.
• Key vendors of Digital Transformation In Logistics Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Digital Transformation In Logistics Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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