Transforming Operations: Digital Logistics Market Insights (2023-2029)

Published: 2024-05-27
Views: 170
Author: nandini123
Published in: Software

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 Overview:

Maximize Market Research provides a comprehensive description of Digital Logistics Market which helps to understand its feature in an optimized way. The projected statistics, significant advancements and income are all included in detail in the Digital Logistics research paper.

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Digital Logistics Market Scope:

The report encompasses both qualitative and quantitative assessments of the Digital Logistics  Market, utilizing segmentation that takes into account economic and non-economic factors. It conducts a comprehensive exploration of the Digital Logistics  industry from diverse angles, employing Porter's five forces analysis. Furthermore, the report sheds light on the Digital Logistics  Market by tracing its journey through the value chain. Historical data and forward-looking revenue growth forecasts are presented at the country, regional, and global levels, accompanied by an analysis of market trends within each sub-segment and region.

Within the report's competitive landscape, intricate details about Digital Logistics  competitors are provided. This includes a company overview, financials, revenue generation, market potential, research and development investments, new market ventures, global presence, production sites and facilities, production capacities, strengths and weaknesses, product launches, product range, application dominance, and more. The assessment of the global and regional Digital Logistics  Market size was conducted using a bottom-up approach.

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.

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Regional Analysis:

Each regional Digital Logistics market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Digital Logistics market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Digital Logistics report.

Key Questions answered in the Digital Logistics  Market Report are:

• What was the Digital Logistics  market size in 2023?
• What are the global trends in the Digital Logistics  Market?
• What are the upcoming industry applications and trends for the Digital Logistics  Market?
• What are the factors contributing to the final price of Digital Logistics  ?
• What are the recent industry trends that can be implemented to generate additional revenue streams for Digital Logistics  Market?
• 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  ?
• Who are the leading players in Digital Logistics  Market?
• What are the major challenges that the Digital Logistics  Market could face in the future?
• Which region held the largest Digital Logistics  market share?

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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