The report of Global Digital Logistics Market by system (tracking and monitoring systems, information integrated systems, electronic data interchange systems, database management systems, fleet management systems and order management systems), service type (consulting services, system integration services and other services), application(warehouse management, labor management and transportation management), vertical(automotive, government, defense and aerospace, healthcare and life science, telecommunication and it, industrial, engineering and manufacturing, retail, chemical, oil and gas and others), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ XX Bn by 2027, at a CAGR of 8.50 % during a forecast period.
The Fleet management systems are expected to contribute XX% share in the global digital logistics market.
An increase in demand for fleet and warehouse management systems is expected to increase the need for digital solutions in the logistics sector. The fleet management solutions interpret real-time data about vehicles, cargo, deliveries and workers into dynamic, understandable displays, which helps to increase productivity. It also helps to reduce operating cost. Operational costs are continuously increasing. An adoption of fleet management helped in keeping the input costs low.Digital logistics and efficient fleet management are some of the prominent factors for development of intelligent city. It is alsoused in telematics to monitor the location, movement, and status of vehicles helps build a comprehensive view of the entire network.
The Asia Pacific region is projected to be leading region in the global digital logistics market.
By region, global digital logistics market is segmented into North America, Europe, Middle East & Africa, South America, and Asia Pacific. Among these, the Asia Pacific region is projected to be leading region in the digital logistics market. Expansion and up gradation the capacity of the industry to enhance its participation in global supply chains are expected to boost the regional market growth. Rapid industrialization is one of the prominent factors behind the growth of the digital logistics market in the Asia Pacific region.
Key players operating in the Global Digital Logistics Market includes JDA Software, Oracle Corporation, Samsung Electronics Co, SAP AG, Advantech Corportion, Digilogistics, Hexaware Technologies, IBM Corporation, Tech Mahindra and UTI Worldwide Inc.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Market positioning of competitors.
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