Digital Logistics Market By Component (Solution, Service), By Function (Warehouse Management, Transportation Management, Workforce Management), By Organisation Size (Large Enterprise, Small and Medium-sized Enterprise), By Deployment Mode (On-Premise, Cloud), By Industry Verticals (Retail and E-commerce, Manufacturing, Pharmaceuticals and Healthcare, Aerospace and Defense, Automotive, Energy and Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Digital logistics solutions revolutionize the management of the supply chain by integrating cutting-edge technologies like AI-driven predictive analytics and autonomous vehicles. They facilitate real-time monitoring of shipments, enabling businesses to make data-driven decisions promptly. This leads to reduced lead times, minimized stockouts, and optimized warehouse operations. The advantages extend to cost savings through efficient resource allocation and lower fuel consumption. Moreover, digital logistics solutions enhance sustainability by optimizing transportation routes and minimizing carbon emissions, aligning with eco-friendly practices and meeting the growing demand for environmentally responsible supply chains.
Businesses can more efficiently manage their supply chains thanks to digital logistics, which also lowers lead times and inventory costs. Better demand forecasting is also made possible, reducing the likelihood of stockouts and overstocking. Logistics have become even more complicated as a result of the advent of multi-channel retailing, which includes mobile shopping and social commerce. This requires real-time data sharing and synchronization across numerous platforms. As a result, the growth of e-commerce has boosted the market for digital logistics by calling for creative solutions to fulfil the rising demand for quick and effective product delivery in the current digital era. However, a major barrier to the expansion of the digital logistics business may be hefty capital expenditure. Digital logistics, as used here, is the process of streamlining and optimizing the flow of goods through the use of technology and data-driven solutions. It is frequently necessary to make substantial investments in software, technology, and qualified staff in order to implement digital logistics systems. Instead, the market for digital logistics now has a lot of prospects thanks to the increased use of cloud computing and globalization. Complex supply chains are easier to manage and optimize thanks to cloud technology, which allows businesses to remotely store and access enormous amounts of data and apps. This has improved visibility throughout the logistics process and increased efficiency while lowering expenses.
The digital logistics market is segmented on the basis of component, function, organization size, deployment mode, industry verticals, and region. On the basis of the component, the market is bifurcated into solution and services. Based on the function, the market is segmented into warehouse management, transportation management and workforce management. On the basis of the organization size, the market is bifurcated into large enterprises and small and medium-sized enterprises. On the basis of the deployment mode, the market is bifurcated into cloud and On-premises. By Industry Vertical, it is bifurcated into retail and e-commerce, manufacturing, pharmaceuticals and healthcare, aerospace, and defense, automotive, energy and utilities, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the key players profiled in the report include AT&T Intellectual Property, HCL Technologies Limited, Honeywell International Inc., IBM Corporation, Infosys Limited, Intel Corporation, Oracle, SAP SE, Tech Mahindra Limited, and Webxpress. These players have adopted various strategies to increase their market penetration and strengthen their position in the digital logistics market.
Key Benefits for StakeholdersThe study provides an in-depth analysis of the global digital logistics market along with the current & future trends to illustrate the imminent investment pockets.
Information about key drivers, restraints, & opportunities and their impact analysis on the global digital logistics market size are provided in the report.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
A quantitative analysis of the global digital logistics market from 2022 to 2032 is provided to determine the market potential.
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
SWOT Analysis
Key Market SegmentsBy Deployment ModeOn-Premise
Cloud
By Industry VerticalsRetail and E-commerce
Manufacturing
Pharmaceuticals and Healthcare
Aerospace and Defense
Automotive
Energy and Utilities
Others
By ComponentSolution
Service
By FunctionWarehouse Management
Transportation Management
Workforce Management
By Organisation SizeLarge Enterprise
Small and Medium-sized Enterprise
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersIBM Corporation
SAP SE
HCL Technologies Limited
Intel Corporation
Tech Mahindra Limited
AT&T Intellectual Property
Infosys Limited
Oracle
WebXpress
Honeywell International Inc.
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