Digital Logistics Market : A Look at the Industry's Current and Future State
Digital Logistics Market size was USD 29.65 billion in 2023 and is expected to reach USD 160.1 billion by 2032 and grow at a CAGR of 20.6% over the forecast period of 2024-2032.
The digital logistics market is rapidly evolving with advancements in technology reshaping the landscape of supply chain management. Digital logistics integrates digital technologies such as IoT (Internet of Things), AI (Artificial Intelligence), and blockchain to optimize and streamline the flow of goods and information across the supply chain. These technologies enable real-time tracking of shipments, predictive maintenance of vehicles and equipment, and efficient route planning, thereby reducing costs and enhancing operational efficiency for logistics providers and businesses alike.
Moreover, the adoption of cloud computing in digital logistics has revolutionized data storage and processing capabilities, allowing logistics companies to manage vast amounts of information securely and efficiently. Cloud-based logistics solutions provide scalability, flexibility, and accessibility, enabling seamless collaboration between stakeholders and facilitating faster decision-making processes. As the demand for faster deliveries and enhanced customer experiences grows, digital logistics solutions continue to play a crucial role in transforming traditional supply chain operations into agile, data-driven ecosystems capable of meeting the dynamic needs of modern commerce..
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Digital Logistics industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Digital Logistics market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Huawei Technologies Co., Ltd, IBM, Honeywell, Oracle Corporation, SAP, Intel, HCL Technologies, Blue Yonder, HCL Technologies Limited, AT&T, and other players
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Digital Logistics market.
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It has segmented the global Digital Logistics market
By System
- Tracking & Monitoring System
- Information Integrated System
- Electronic Data Interchange System
- Database Management System
- Fleet Management
- Order Management System
By Services
- Consulting
- System Integration
By Application
- Warehouse Management
- Labor Management
- Transport Management
By Industry Vertical
- Retail
- e-commerce
- Manufacturing
- Pharmaceuticals
- Aerospace
- Energy
- Utilities
- Automotive
- Others
Key Reasons to Purchase this Report:
A comprehensive study of market size, share and dynamics is a global Digital Logistics 'market research report and a thorough survey of developments in the field.
It offers an in-depth overview of revenue growth and an analysis of the total business benefits.
In addition to the strategic landscape for commodity pricing and marketing, the Digital Logistics ' industry research also provides key players.
This is a new post covering the latest impact on the target market. The research report addresses the rapidly evolving market climate as well as the initial and future impact assessment
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