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 Overview:
The report encompasses the latest revenue and trends within the Digital Logistics Market It provides an introduction to the Digital Logistics market, defining its scope, structure, and strategies for proactive and pre-planned management. The report hones in on the factors that impact the Digital Logistics Market in both positive and negative ways. Additionally, it assists in gauging the prospective growth of the Digital Logistics Market in the upcoming forecast years. The report serves as a valuable tool for shaping market strategies and understanding the contextual landscape of the Digital Logistics industry.
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Digital Logistics Market Report Scope and Research Methodology:
The primary objective of the Global Digital Logistics Market report is to deliver a comprehensive analysis of the market in accessible language for stakeholders. The research has involved segmenting the Digital Logistics market into major categories, which were further subdivided into various sub-segments. The report offers a detailed examination of drivers, opportunities, restraints, and challenges within the Digital Logistics industry, segmented both regionally and by segment.
The report on the Digital Logistics Market furnishes an exhaustive analysis, incorporating historical data, insightful perspectives, facts, and statistically validated market statistics. These statistics are based on a well-founded set of assumptions and methodologies. The collection of data for the Digital Logistics market report relied on both primary and secondary research methods. This amalgamated data was meticulously analyzed to produce precise and reliable findings.
Incorporating secondary research, the report delves into annual and financial reports of leading players, while primary research involves interviews with key opinion leaders and experts within the Digital Logistics industry, including frontline personnel, entrepreneurs, and marketing professionals. The estimation of the Digital Logistics market size was achieved through a bottom-up approach. The report employs SWOT analysis to outline the strengths and weaknesses of the Digital Logistics Market, and leverages PESTLE and PORTER analyses to outline the impacts of macroeconomic and microeconomic factors on the global Digital Logistics Market.
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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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
Due to a decrease in operating expenses, the tracking and monitoring system sector held the highest share of 35% in 2022 and is anticipated to rise significantly during the projected 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 analyzes 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 greatest share. 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 Regional Insights:
Geographically, the report is segmented into several key countries, with Digital Logistics market size, growth rate, import and export of Digital Logistics market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
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Key Questions answered in the Digital Logistics Market Report are:
1.How has the Digital Logistics Market performed so far and how will it perform in the coming years?
2.What is the market segmentation of the global Digital Logistics Market ?
3.What is the regional breakup of the global Digital Logistics Market ?
4.What are the price trends of various feedstocks in the Digital Logistics Market industry?
5.What is the structure of the Digital Logistics Market industry and who are the key players?
6.What are the various unit operations involved in a Digital Logistics Market processing plant?
7.What is the total size of land required for setting up a Digital Logistics Market processing plant?
8.What is the layout of a Digital Logistics Market processing plant?
9.What are the machinery requirements for setting up a Digital Logistics Market processing plant?
10.What are the raw material requirements for setting up a Digital Logistics Market processing plant?
11.What are the packaging requirements for setting up a Digital Logistics Market processing plant?
12.What are the transportation requirements for setting up a Digital Logistics Market processing plant?
13.What are the utility requirements for setting up a Digital Logistics Market processing plant?
14.What are the human resource requirements for setting up a Digital Logistics Market processing plant?
15.What are the infrastructure costs for setting up a Digital Logistics Market processing plant?
16.What are the capital costs for setting up a Digital Logistics Market processing plant?
17.What are the operating costs for setting up a Digital Logistics Market processing plant?
18.What should be the pricing mechanism of the final product?
19.What will be the income and expenditures for a Digital Logistics Market processing plant?
20.What is the time required to break even?
21.What are the profit projections for setting up a Digital Logistics Market processing plant?
22.What are the key success and risk factors in the Digital Logistics Market industry?
23.What are the key regulatory procedures and requirements for setting up a Digital Logistics Market processing plant?
24.What are the key certifications required for setting up a Digital Logistics Market processing plant?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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