Market Scenario:
The major players such as Tech Mahindra (India), SAP SE (Germany), Oracle Corporation (U.S.), International Business Machines Corporation (U.S.), Huawei Technologies Co., Ltd. (China), are the leading providers of digital logistics solutions across the world. On March 14, 2018, FarEye, a leading provider of digital logistics platform, has introduced ORBIT which is a supply chain visibility suite. With this product, the company is providing the enterprises with solutions for complete visibility of their products and goods, transported from the manufacturing unit to the allotted location. The technological advancement of cloud-based services is another factor propelling the market growth.
The factors driving the Digital Logistics Market growth are the large volume of data and improved logistics operations which are boosting the market growth to a large extent. The digital logistics is a process that makes the logistic operation smarter with the help of digital technology. The increasing demand for digital technology is propelling the growth of digital logistics market. On Apr 07, 2018, International Business Machines Corporation went into partnership with Koopman Logistics Group with the sole aim of providing supply chain digitization services to their customers. With the growing e-Commerce industries, the digital logistics market is projected to gain momentum in the forthcoming years. The e-Commerce industries have a huge demand for digital logistics as it facilitates logistics and supply chain operations.
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Global Digital Logistics Market Segmentation:
- By component, the market has been segmented into services, and, systems. The systems segment has been further sub-segmented into database management systems, order management systems, fleet management systems, information integrated systems, tracking and monitoring systems, and, electronic data interchange systems. The services segment is sub-segmented into consulting services, and, system integration services.
- By application, the market has been segmented into warehouse management, transportation management, and, labor management.
- By verticals, the market is segmented into automotive, government, defense, aerospace, healthcare, manufacturing, retail, and, others.
Key Players
Some of the prominent players in the global digital logistics market Tech Mahindra (India), SAP SE (Germany), Oracle Corporation (U.S.), Samsung Group (South Korea), HCL Technologies Limited (India), Advantech Co. (Taiwan), International Business Machines Corporation (U.S.), Huawei Technologies Co., Ltd. (China), JDA Software Group, Inc. (U.S.), Hexaware Technologies (India) among others.
Regional Analysis:
By region, the digital logistics market has been segmented into North America, Asia Pacific, Europe, and the Rest of the World (RoW). North America market will be retaining its dominance across the assessment period owing to the immense demand and supply expected to generate in the region. Moreover, the technology adoption rate has always been higher in this market than in any other markets. The growing faith of the industry leaders in digital technologies will fuel the market growth in the region.
Europe market will multiply revenue generation due to the wide scale penetration of the cloud services. The developments in the industrial sector will also fuel the demand for digital logistics in the region. Asia Pacific market borders the fastest growing economies that are focusing on the technological advancements for the smooth and optimum functioning of the industrial sector. Therefore, the market in this region for digital logistics is expected to proliferate at a robust CAGR. The major contributions in this region will be generated from markets in China, Japan, and India.
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Intended Audience
- Digital logistics companies
- Digital logistics providers
- Computer graphics developers
- System integrators and third-party vendors
- Government bodies
- Technology investors
- Research institutes and organizations
- Market research and consulting firms
- End-users/enterprise-users
Table of Contents:
LIST OF TABLES
Table 1 Global Digital Logistics Market: By Region
Table 2 North America Digital Logistics Market: By Country
Table 3 Europe Digital Logistics Market: By Country
Table 4 Asia Pacific Digital Logistics Market: By Country
Continued…
LIST OF FIGURES
FIGURE 1 Global Digital Logistics Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Digital Logistics Market
FIGURE 4 Value Chain Of Global Digital Logistics Market
Continued…
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