Press release
Digital Logistics Market revenue is expected to grow by 21.5% from 2023 to 2029, reaching nearly USD 99.16 Bn.
Digital Logistics Market
Report Scope:
The comprehensive Digital Logistics Market report analyzes the trends, opportunities, challenges, and growth drivers in the industry. It encompasses a thorough examination of market dynamics, segment analysis, and regional insights.
Research Methodology:
Our research approach combines rigorous data collection, insightful analysis, and expert opinions. Primary and secondary research methods were employed to ensure accuracy and relevance in providing actionable insights for industry players.
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What are Digital Logistics Market Dynamics?
Drivers:
The surge in demand for cost-effective logistics and supply chain solutions across diverse industrial verticals is a pivotal driver for the Digital Logistics Market. The adoption of digitization, coupled with the growing necessity for efficient fleet and warehouse management systems, fuels market expansion. Evolving data analytics technologies, the penetration of e-commerce, advancements in delivery capabilities (drones and digital trucks), and enhanced stakeholder collaboration are driving forces behind this growth.
Restraints:
Despite the industry's potential, the fragmented nature of the logistics market and the lack of consistent governance standards pose challenges. This inhibits the seamless adoption of digital logistics solutions and efficient integration of IoT technologies across various platforms. High capital expenditure acts as another barrier to the widespread deployment of digital logistics solutions, hindering enterprises from transitioning to digitized processes.
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Digital Logistics Market Segmentation?
In terms of system segments, tracking and monitoring systems captured the largest share (35%) in 2022. Fleet management's efficiency gains from GPS tracking software and comprehensive monitoring systems contribute significantly to the market's growth. Additionally, the rise of the Internet of Things (IoT) is transforming logistics tracking management, promoting efficient information management through RFID, WSN, and other sensing technologies.
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
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Who are Digital Logistics Market Key Players?
1. 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 (2022-2029)
Global Market, by Application (2022-2029)
Global Market, by Service (2022-2029)
Global Market, by Industry Vertical (2022-2029)
Regional Digital Logistics Market (2022-2029)
Regional Market, by System (2022-2029)
Regional Market, by Application (2022-2029)
Regional Market, by Service (2022-2029)
Regional Market, by Industry Vertical (2022-2029)
Regional Market, by Country (2022-2029)
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:
The Asia Pacific region emerges as the dominant player, capturing approximately 47% of the market share in 2022. This dominance is attributed to the presence of high-growth economies such as China, India, and the Philippines. The surge of e-commerce and urbanization synergistically transforms logistics methods worldwide. In China, continuous innovation in logistics and distribution channels, driven by government support and technological advancements, underscores its leadership in this sector.
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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