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Digital Logistics Market worth $114.10 billion by 2030, growing at a CAGR of 18.20% - Exclusive Report by 360iResearch
The "Digital Logistics Market by components (Services, Solution), Organization Size (Large Enterprises, Small & Medium Enterprises), Deployment Mode, Industry - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Digital Logistics Market to grow from USD 35.38 billion in 2023 to USD 114.10 billion by 2030, at a CAGR of 18.20%.
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Digital logistics refers to the integration of advanced digital technologies into logistics and supply chain operations to enhance efficiency, visibility, and coordination. It encompasses the use of cloud computing, the Internet of Things (IoT), artificial intelligence (AI), machine learning, big data analytics, and other smart technologies to automate processes, streamline supply chain management, optimize transportation, track inventory in real-time, and improve the overall decision-making process. The expansion of digital logistics is majorly driven by the increasing demand for faster and more reliable delivery services, especially during the e-commerce boom. However, concerns regarding data security and privacy, given the reliance on data-driven systems, impact the reliability of digital logistics systems. Organizations are pursuing phased technology adoption strategies to manage costs, invest in robust cybersecurity measures, and conduct workforce upskilling programs to address the restraints. The adoption of blockchain is anticipated to offer enhanced security and transparency in transactions and processes. Autonomous vehicles and drones are expected to revolutionize last-mile deliveries, increasing efficiency and reducing human dependency. Additionally, the implementation of 5G networks promises to support real-time data transmission and advanced IoT applications, taking supply chain coordination and responsiveness to new heights.
In the Americas, particularly North America, there is a high adoption rate of digital logistics technology, driven by the presence of major players and technology firms that invest heavily in innovation and digitalization. The market is mature, with companies leveraging advanced technologies such as AI, robotics, and the Internet of Things to optimize supply chains and reduce operational costs. APAC is experiencing rapid growth and is expected to witness significant expansion in the digital logistics market, propelled by the increasing digitalization of economies, particularly in China, India, and Southeast Asia. Production in this region is bolstered by large-scale manufacturing bases and the adoption of digital logistics to improve efficiency and connect with international markets. Europe leads within the region in terms of technology usage due to its advanced infrastructure, strict regulations regarding carbon emissions, and the need for efficient cross-border logistics operations. The Middle Eastern nations, due to their strategic location, are investing in digital logistics to become logistics hubs between East and West.
Market Segmentation & Coverage:
This research report categorizes the Digital Logistics Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on components, market is studied across Services and Solution. The Services is further studied across Deployment & Integration Services, Planning & Consulting Services, and Support & Maintenance. The Solution is further studied across Asset Management, Data Management & Analytics, Network Management, Security, and Warehouse Management. The Services is projected to witness significant market share during forecast period.
Based on Organization Size, market is studied across Large Enterprises and Small & Medium Enterprises. The Small & Medium Enterprises is projected to witness significant market share during forecast period.
Based on Deployment Mode, market is studied across Cloud and On-premises. The On-premises is projected to witness significant market share during forecast period.
Based on Industry, market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. The Healthcare & Life Sciences is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.78% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Digital Logistics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Digital Logistics Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Digital Logistics Market, highlighting leading vendors and their innovative profiles. These include Advantech Co., Ltd, Alpega Group, AWL India Private Limited, Blue Yonder by Panasonic Holdings Corporation, Bristlecone Inc., Cognizant Technology Solutions Corporation, Delhivery Limited, Detrack Systems Pte. Ltd., DigiLogistics Technology Limited, DiLX by Gateway Group Company, HCL Technologies Limited, Hexaware Technologies, Huawei Technologies Co., Ltd., Intel Corporation, International Business Machines Corporation, JDA Software Group, Inc., Microsoft Corporation, Oracle Corporation, Robert Bosch GmbH, Samsung SDS Co., Ltd., SAP SE, Siemens AG, SinoServices International Technologies Co., Ltd., Tech Mahindra Limited, and TheGreenFlux.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Digital Logistics Market, by components
7. Digital Logistics Market, by Organization Size
8. Digital Logistics Market, by Deployment Mode
9. Digital Logistics Market, by Industry
10. Americas Digital Logistics Market
11. Asia-Pacific Digital Logistics Market
12. Europe, Middle East & Africa Digital Logistics Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Digital Logistics Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Digital Logistics Market?
3. What is the competitive strategic window for opportunities in the Digital Logistics Market?
4. What are the technology trends and regulatory frameworks in the Digital Logistics Market?
5. What is the market share of the leading vendors in the Digital Logistics Market?
6. What modes and strategic moves are considered suitable for entering the Digital Logistics Market?
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