Comprehensive Description of the Digital Logistics Market:
The new market intelligence report published by Maximize Market Research indicates the promising growth of the Digital Logistics Market in the forecast period. The Digital Logistics market report includes the growth drivers, major restraints, upcoming challenges, and prevailing opportunities in the global market, along with the Digital Logistics market size of each region and segment.
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Digital Logistics Market size was valued at USD 25.36 Bn. in 2022 and the total Digital Logistics revenue is expected to grow by 21.5% from 2023 to 2029, reaching nearly USD 99.16 Bn.
Digital Logistics Market Report Scope and Research Methodology
The report provides deep insights into the Digital Logistics market by covering all the major aspects. It includes a detailed analysis of the Digital Logistics market at local, regional, and global levels. The competitive analysis section lists the Digital Logistics key competitors and new entrants by various classifications, such as region, financial status, revenue, technological advancements adopted, marketing strategies, mergers and acquisitions, joint ventures, and product portfolio. SWOT analysis was used to identify the strengths and weaknesses of the key players in the Digital Logistics industry. Porter's and PESTLE analyses help to understand the Digital Logistics market from different perspectives, such as political, economic, social, technological, environmental, and legal.
Market dynamics for digital logistics:
Significant expansion in the e-commerce sector propelling the market's expansion
The e-commerce business has grown exponentially over the previous ten years due to the surge in online purchases and the increase in Internet users. Logistics companies need to work faster and more efficiently to fulfil small, specific requirements as e-commerce activity rises. Online shoppers expect free returns, same-day or same-hour delivery, and order accuracy. E-commerce companies are searching for ways to reduce operating costs and order delivery times.
Digital Logistics Market Regional Insights
The report includes a detailed explanation of all the factors, market size, growth rate, and import and export in regions:
1)North America
2) Europe
3) Asia Pacific
4) Latin America
5) the Middle East, and Africa.
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Digital Logistics Market Segmentation
by System
Tracking and monitoring systems
Information integrated systems
Electronic data interchange systems
Database management systems
Fleet management systems
Order management systems
Because operating costs have decreased, the tracking and monitoring system sector held the highest share of 35% in 2022 and is predicted to rise significantly during the projection period. GPS tracking software can be used by fleet management to determine who is misusing a vehicle or taking unproductive routes. In addition to addressing issues related to driving, it will give a precise breakdown of the hours that drivers have claimed. Controlling a company's technology—hardware, networks, communications, operating systems, and apps, among other things—allows monitoring systems to assess how effectively it performs and analyses its operation while also spotting possible problems and sending out alerts.
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
In 2022, the market was dominated by the IT and telecom sector, which held the biggest share according to Industry Verticals. Customers can enjoy ultra-low latency and extremely high bandwidth for efficient data transfer and analysis with the commercial deployment of the 5G delivery system. This is anticipated to incentivize businesses to embrace MEC techniques. New low-power solutions for IoT systems and networks are also being developed by IT hardware and software companies; these are expected to increase sales and provide new revenue streams. For instance, AT&T Inc. has started providing its clients with MEC-based products, services, and solutions in accordance with their unique demands and specifications.
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
Table of content for the Digital Logistics Market includes:
Part 01: Executive Summary
Part 02: Scope of the Digital Logistics Market Report
Part 03: Global Digital Logistics Market Landscape
Part 04: Global Digital Logistics Market Sizing
Part 05: Global Digital Logistics Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key questions answered in the Digital Logistics Market are:
- What is the expected Digital Logistics market size by the end of the forecast period?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Digital Logistics Market?
- Which factors are creating lucrative opportunities for the Digital Logistics market growth?
- How is the intervention from regulatory authority shaping the Digital Logistics Market?
- What growth strategies are the players considering to increase their presence in Digital Logistics Market?
- What is the Digital Logistics market size of the dominating region?
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 | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and region
- 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
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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