Digital Logistics Market Growth Drivers | Top Company Profiles | Regional Estimates

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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 Growth or Increase or Decrease for what contain :

The digital logistics market is experiencing significant growth driven by advancements in technology and increasing demand for efficient supply chain management solutions. Digital logistics solutions encompass a range of technologies such as IoT (Internet of Things), blockchain, AI (Artificial Intelligence), and cloud computing, which optimize logistics operations, enhance visibility, and streamline processes from procurement to delivery. These innovations enable real-time tracking of shipments, predictive analytics for inventory management, and automation of warehouse operations, thereby reducing costs and improving operational efficiency. As industries worldwide embrace digital transformation to meet evolving consumer expectations and global logistics challenges, the digital logistics market is poised for continued expansion, revolutionizing how goods are transported, managed, and delivered across the supply chain.

Digital Logistics CAGR Estimation : 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. 


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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

Because operating costs have decreased, the tracking and monitoring system sector held the highest share of 35% in 2023 and is anticipated to rise significantly during 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 biggest share according to Industry Verticals. 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 Overview :

The digital logistics market is at the forefront of transforming supply chain management through innovative technologies and advanced digital solutions. This sector leverages digital platforms, IoT (Internet of Things) devices, AI (Artificial Intelligence), blockchain, and cloud computing to revolutionize logistics operations. Key aspects of the digital logistics landscape include real-time tracking of shipments, predictive analytics for demand forecasting and inventory management, and automated systems for warehouse and transportation management. These technologies enhance efficiency, reduce costs, and improve transparency across the supply chain, enabling companies to optimize their logistics processes and meet customer demands more effectively. As global trade and e-commerce continue to expand, driving the need for faster, more agile logistics solutions, the digital logistics market is poised for substantial growth, shaping the future of global logistics management with its transformative capabilities.


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Digital Logistics market Growth or Demand In Which regions ??

The necessity for efficient supply chain operations, growing e-commerce, and technology improvements are some of the factors driving the robust rise and demand for digital logistics solutions throughout diverse regions globally. Due to its developed e-commerce sector, vast logistics infrastructure, and strong demand for effective delivery services, North America is the leader in the adoption of digital logistics. Europe is a close second, with digital logistics solutions helping to meet strict regulatory standards while improving efficiency in intricate supply chains.

Digital Logistics Market Scope And methedology :

The digital logistics market is made up of a broad range of technologies and approaches that are used to maximize the effectiveness and control of logistics operations. Key elements include blockchain for safe and transparent transaction records, AI (Artificial Intelligence) and machine learning algorithms for predictive analytics in demand forecasting and route optimization, IoT (Internet of Things) devices for real-time tracking and monitoring of shipments, and cloud computing for smooth data integration and scalability.

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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


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key questions answered in Digital Logistics Market are :
• What is Digital Logistics Market ?
• What is the growth rate of the Digital Logistics Market?
• Which are the factors expected to drive the Digital Logistics market growth?
• What are the different segments of the Digital Logistics Market?
• What growth strategies are the players considering to increase their presence in Digital Logistics ?
• What are the upcoming industry applications 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?
• What major challenges could the Digital Logistics Market face in the future?
• What segments are covered in 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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