Press release
Digital Logistics Market: USD 25.36 Billion in 2022, Expected to Reach USD 99.16 Billion by 2029
Digital Logistics Market
The comprehensive report on the Digital Logistics Market provides in-depth insights backed by rigorous research methodology. The study encompasses market values, drivers, restraints, and regional insights to offer a clear view of the market's performance and growth potential.
The Digital Logistics Market primarily focuses on optimizing material and information flows in industrial companies through digitization. The incorporation of digitalization technologies in production and logistics processes, as advocated by Industry 4.0, has contributed to increased performance, reduced logistics costs, and sustained competitive advantages.
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What are Digital Logistics Market Dynamics?
The Digital Logistics Market is segmented by system and industry verticals. Tracking and monitoring systems dominated the market in 2022, while the IT and telecom industry segment held the largest share. The report also discusses the impact of self-driving cars and slow deployment of digital logistics solutions on market dynamics..
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Digital Logistics Market Segmentation?
The IT and telecom sector retained the highest share and controlled the market in 2022, according to Industry Verticals. Businesses are anticipated to embrace MEC practises as a result of the commercial deployment of the 5G delivery system, which offers clients ultra-low latency and extremely high bandwidth for efficient data transmission and analysis. Additionally, companies that make IT hardware and software are creating new low-power solutions for IoT networks and systems, which are expected to increase sales and provide new income streams. For instance, AT&T Inc. has started providing MEC-based products, services, and solutions to its clients depending on their individual demands and specifications.
The pan-industrial enterprises, online to offline, and logistics profit centres are three cutting-edge business models that are growing in China. Chinese logistics advancements are made feasible by the country's distinctive natural features. A specific enabling technology and government backing for the logistics sector may promote innovation in this field in China. The State Council General Office issued directives in 2017 to promote innovative smart supply chains across China (Zhang, 2017). The ideas include administrative enhancements, tax advantages for logistics trucks, and taking into account the requirement for logistical assistance in planning for rural and urban expansion.
by System
Tracking and monitoring systems
Information
integrated systems
Electronic data interchange systems
Database management systems
Fleet management systems
Order management systems
by Service
Consulting
System integration services
Other services
by Application
Warehouse management
Labor management
Transportation management
by Industry Vertical
Automotive
Government, Defense and Aerospace
Healthcare and Life Science
Telecommunication and IT
Industrial,
Engineering and Manufacturing
Retail
Chemical
Oil and Gas
Others
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Who are Digital Logistics Market Key Players?
JDA Software
2. Oracle Corporation
3. Samsung Electronics Co
4. SAP AG
5. Advantech Corportion
6. Digilogistics
7. Hexaware Technologies
8. IBM Corporation
9. UTI Worldwide Inc
10. Mindtree
11. PartnerTech
12. Digistics
13. Syntel, Inc.
14. REICHHART Logistics Group
15. Tech Mahindra Limited
16. STAR COOPERATION GmbH
17. AT&T
18. Intel
19. HCL Technologies Limited
20. Huawei Technologies Co., Ltd
21. Honeywell
22. Blue Yonder
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Table of content for the Digital Logistics Market includes:
Global Digital Logistics Market : Research Methodology
Global Digital Logistics Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Digital Logistics Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Digital Logistics Market Segmentation
Global Market, by System (2021-2029)
Global Market, by Service(2021-2029)
Global Market, by Application(2021-2029)
Global Market, by Industry Vertical (2021-2029)
Global Regional Digital Logistics Market (2021-2029)
Regional Market, by System(2021-2029)
Regional Market, by Service (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Industry Vertical (2021-2029)
Regional Market, by Country (2021-2029)
Global Company Profile: Key players
Company Overview by Country
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Regional Insights:
Asia Pacific held the largest market share of approximately 47% in 2022, owing to the presence of high-growth economies such as China, India, and the Philippines. The region is expected to continue leading in the forecast period due to rapid urbanization, e-commerce growth, and government support for the logistics industry.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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