Digital Logistics Market size was valued at USD 30.81 Bn. in 2023 and the total Digital Logistics revenue is expected to grow by 21.5% from 2024 to 2030, reaching nearly USD 120.43 Bn.
Digital Logistics Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Digital Logistics Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Digital Logistics market, with forecasts outspreading to the year 2030.
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Digital Logistics Market Scope and Methodology:
The Digital Logistics market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Digital Logistics market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Digital Logistics Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Digital Logistics Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
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Digital Logistics Market Regional Insights:
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Digital Logistics market situations in various nations. The Digital Logistics market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
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 segment, which held the highest share of 35% in 2023, is anticipated to rise significantly over the course of the forecast 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 2023, 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.
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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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Key questions answered in the Digital Logistics Market are:
What is Digital Logistics?
What was the Digital Logistics market size in 2023?
What is the growth rate of the Digital Logistics Market?
Which are the factors expected to drive the Digital Logistics market growth?
What is the CAGR at which the Digital Logistics market will grow during the forecast period?
What are the different segments of the Digital Logistics Market?
Which is the fastest growing region in the Digital Logisticsmarket?
What growth strategies are the players considering to increase their presence in Digital Logistics?
What are the upcoming opportunities and trends for the Digital Logistics Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Digital Logistics Market?
Who are the leading companies and what are their portfolios in Digital Logistics Market?
What segments are covered in the Digital Logistics Market?
Who are the key players in the Digital Logistics market?
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment 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
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