Global Digital Transformation Spending in the Logistics market was valued at USD 54.78 billion in 2021 and is expected to reach USD 93.82 billion by the year 2028, at a CAGR of 7.99%

The recent Digital Transformation Spending in Logistics market research study provides an in-depth look at the existing and future developments in the logistics industry. The research identifies the most important trends, opportunities, challenges, and restrictions, as well as market segmentations, to help investors make better decisions and earn more money. The paper also contains minute details that can be used to find business exploration and expansion prospects. With a detailed analysis of the competitive landscape, all segments of this market are investigated individually to understand their revenue model and development potential, as well as market size. The paper also discusses pricing structures and consumption trends in the Logistics market based on Digital Transformation Spending.

The Digital Transformation Spending in Logistics study includes an in-depth analysis of important industry trends and dynamics, as well as market estimates and projections for major geographies and countries. Market share research, important developments, strategy framework, and comprehensive profiles on leading market competitors are all examined in a separate section on the competitive landscape.

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The Major Players in the Digital Transformation Spending in Logistics Market Include:

  • JDA Software WMS
  • Logitech
  • Unisys Corporation
  • Sanco Software
  • Advantech
  • Partner Tech
  • Oracle
  • Hexaware Technologies
  • S2K warehouse management
  • Samsung
  • Mindtree
  • 3GTMS
  • XPO Logistics
  • IBM
  • APL Logistics Ltd.

The market has segmented the global Digital Transformation Spending in Logistics market on the basis of type, application, and region:

The Digital Transformation Spending in Logistics market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

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By Type:

  • Hardware
  • Software
  • Services

 By Application:

  • Conveyors, Automated Storage and Retrieval Systems (ASRS),
  • Automatic Sorters,
  • Automated guided vehicle (AGV),
  • Robotic Picking System,
  • Automatic Palletizer,
  • Peripheral & Supporting Components BFSI

 By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of South America)

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Covid-19 Impact and Recovery Analysis on Industry:

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols range from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Digital Transformation Spending in Logistics Market has experienced slow down growth, the however market is expected to bounce back as restrictions are being lifted up by governments across the globe. 

IMR presents a detailed study, and summation of data from multiple sources by an analysis of key parameters. Our report on the Digital Transformation Spending in Logistics market covers the following areas:

  • Digital Transformation Spending in Logistics Industry Sizing Analysis
  • Digital Transformation Spending in Logistics Industry Forecast Analysis
  • Digital Transformation Spending in Logistics Market Industry Analysis

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Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the AC and DC Servo Motor Market

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