Digital Transformation Spending in Logistics Market is Booming Worldwide | Atos Syntel, Tech Mahindra, SAP, Samsung

AMA Market Intelligence has recently released a research publication on the Global Digital Transformation Spending in Logistics Market, which breaks down major business segments and analyses wider geographical regions to provide a comprehensive analysis of market data. The study presents a balanced combination of qualitative and quantitative information on the Digital Transformation Spending in Logistics industry. The report provides valuable historical market size data (volume and value) from 2019 to 2023, and forecasts the market size until 2028. The report includes coverage of key and emerging players in the industry such as Atos Syntel (United States), Tech Mahindra (India), SAP (Germany), Samsung (South Korea), Oracle (United States), Mindtree (India), XPO Logistics (United States), Logitech (Switzerland), IBM (United States), Hexaware Technologies (India).

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Brief Overview on Digital Transformation Spending in Logistics:
Over the past few decades, the increasing adoption of logistics solutions led to the demand for digital transformation spending in logistics. It is defined as the transformation towards smart logistics by grasping technologies including platforms, new leadership, data-driven services, and organizational setups and open innovation to create customer value, innovation and sustainability. By enabling technologies including, IoT, robotics, data analytics, into specialized applications for the logistic sectors. Logistics connect and link the world and bridges the gaps the leaders across all sectors are coping with the implications of these transformations for their organizations, moreover the consumer become more used to digital services, to receive the same quality and flexibility of services is booming the demand for it in the market.

Key Market Trends:
The Trend for Adding Machine Learning and Artificial Intelligence Techniques to Data Analytics Can Deliver Truly Dynamic Routing
The Internet of Things Has Been Supported By Recent Advances In Cloud Computing

Opportunities:
The Technological Advancement Use of AI, Cloud, and Others Provide the Growth Opportunities for the Digital Transformation in the Logistics Industry

Market Growth Drivers:
Associated Population Growth and Increase In The Number Of People In Emerging Markets Who Are Now Able To Access Global Markets
Great Demand for Warehouse Management Systems and Transport Management Systems
Speedy Pace Due To Increasing Digitization a

Challenges:
Rapid Introduction of New Technologies Lies In Their Incompatibility with Existing Systems and Interfaces

Segmentation of the Global Digital Transformation Spending in Logistics Market:
by Type (Hardware, Software, Services), Application (3PL, Warehouse), Services (Consulting, Integration, Operation & Maintenance), IT Equipment (Enterprise Servers, Client Machines), Device (RFID Readers, Real-time Location System (RTLS), Barcode Scanners, Barcode Printers, Others), Deployment (Cloud-based, On-premise), System (Conveyors, Automated Storage and Retrieval System (ASRS), Automatic Sorters, Automated Guided Vehicle (AGV), Others), End User (B2B (LSP, Carriers, CEP), B2C), Technologies (Data Analytics, Cloud, Blockchain, Autonomous Vehicle, Others)

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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical data - 2018-2022
The base year for estimation - 2022
Estimated Year - 2023
Forecast period** - 2023 to 2028 [** unless otherwise stated]

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Summarized Extracts from TOC of Global Digital Transformation Spending in Logistics Market Study
Chapter 1: Exclusive Summary of the Digital Transformation Spending in Logistics market
Chapter 2: Objective of Study and Research Scope the Digital Transformation Spending in Logistics market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2018-2028
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source

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