Press release
Digital Transformation in Transportation and Logistics Market: The global market is expected to grow at a CAGR of 12% during the forecasted period.
Benefits of digital transformation in transportation and logistics include improved operational efficiency, enhanced supply chain visibility, reduced costs, faster delivery times, better customer service, and increased sustainability.
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Key Highlights:
• The global Digital Transformation in Transportation and Logistics Market size was valued at USD 130.5 billion in 2022 growing at a CAGR of 12% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Digital Transformation in Transportation and Logistics Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Digital Transformation in Transportation and Logistics Market report also includes the following data points:
• COVID19 Impact on Digital Transformation in Transportation and Logistics Market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Digital Transformation in Transportation and Logistics Market
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Key Players
Some of the major Digital Transformation in Transportation and Logistics Market players holding high market share include Hexaware Technologies, IBM, JDA Software and Oracle. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Corporation
• Digilogistics
• Hexaware Technologies
• IBM
• JDA Software
• Oracle
• Samsung Co
• SAP AG
• Tech Mahindra
• UTI Worldwide Inc
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Digital Transformation in Transportation and Logistics Market:
• Consulting Services
• System Integration Services
Market Segment By Application with focus on market share, consumption trend, and growth rate of Digital Transformation in Transportation and Logistics Market:
• Warehouse Management
• Labor Management
• Transportation Management
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Global Digital Transformation in Transportation and Logistics Market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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