Digitization in Logistics Market Demand Will Increase to 2030 Evaluated By Global Top Players Like IBM, SAP SE, Cognizant

Digitization in Logistics involves use of modern digital technology to optimize the logistic operations. Digitisation of logistics may involve application of either of hardware, software or services. The Integration of sophisticated algorithm based programs as well as artificial intelligence allows for better decision making and thus lesser friction points along the logistics supply chain. With rising investments globally in new emerging technologies such as Blockchain and artificial intelligence, the market scope for digitization in logistics gives high hopes. Currently, North America and Europe are the largest markets of the Digitisation in logistics.

The latest study released on the global 'Digitization in Logistics' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Digitization in Logistics' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Vendor Landscape
IBM Corporation (United States), SAP SE (Germany) , Cognizant (United States), Oracle Corporation (United States), Google (United States) , TCS Ltd. (India), Wipro Ltd. (India) , DHL International GmbH (Germany) , Supply Dynamics (United States),

In 2021, Google, Global tech and A.I. giant has announced a strategic alliance with J.B. Hunt Transport Services, Inc., market leader in transportation logistics in North America. The two signed a strategic alliance to accelerate next and innovate in next generate digital supply chain platform. Both the companies look at combining their synergies and expertise through their innovative products such as Google's Data Cloud, and J.B. Hunt 360. The two companies look at enabling A.I., and Machine learning tools to enhance the logistics and supply chain management.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Digitization in Logistics Market various segments and emerging territory.

Influencing Market Trend
• Integration of Artificial Intelligence is a New Popular Trend in Logistics
Market Drivers
• Advancement in Connectivity Technology
• Rise of E-Commerce Industry
Opportunities:
• Automated Vehicles May be New Big Opportunity in the Coming Decade
Challenges:
• Less Awareness about Presence of Proper Tech in the Field

Analysis by Application (Operational Procurement, Autonomous Vehicles, Big Data and Analytics, Supplier Relationship Management, Others), End Use (Automotive, Manufacturing, Retail, Oil and Gas, Others), Organisation Size (Large Enterprises, SMEs), Component (Solutions, Services, Hardware)

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The regional analysis of Global Digitization in Logistics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

In 2020, Coupa Software, Global market leader in Business Spend Management (BSM) solutions has completed the acquisition of LLamasoft, a market innovator and leader in supply chain design and planning. The deal is estimated worth $1.5 billion. Coupa Software looks at expanding its supply chain capabilities and enhancing it through its expertise in BSM.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/175971-global-digitization-in-logistics-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Digitization in Logistics market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Digitization in Logistics market.

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This release was published on openPR.