Global Digital Transformation Spending in Logistics Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Digital Transformation Spending in Logistics market size was valued at USD 24970 million in 2023 and is forecast to a readjusted size of USD 36680 million by 2030 with a CAGR of 5.6% during review period.
Logistics companies spend on digital transformation to increase efficiency, optimization, and speed and timing of logistic services, thereby increasing customer satisfaction and revenue. Among a range of rapid technological evolutions and in an increasingly digital environment where digital transformations are affecting the industry, most of the CEOs of transport & logistics companies appreciate digital solutions (to engage with customers, and optimize production and operations) as major areas of investment.
In terms of region, North America is projected to lead the global digital transformation spending in logistics market during the forecast period. Digital transformation requires active and flexible IT support, which is available in the majority of the companies in the region. North America dominates the global digital transformation spending in logistics market primarily due to increase in adoption of logistics solutions. The digital transformation spending in logistics market in Asia Pacific is anticipated to grow at a rapid pace due to increasing digitization and rising use of Internet. Furthermore, the market in Europe, the Middle East & Africa, and South America is expected to witness strong growth during the forecast period.
The Global Info Research report includes an overview of the development of the Digital Transformation Spending in Logistics industry chain, the market status of 3PL (Hardware, Software), Warehouse (Hardware, Software), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Digital Transformation Spending in Logistics.
Regionally, the report analyzes the Digital Transformation Spending in Logistics markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Digital Transformation Spending in Logistics market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Digital Transformation Spending in Logistics market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Digital Transformation Spending in Logistics industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Hardware, Software).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Digital Transformation Spending in Logistics market.
Regional Analysis: The report involves examining the Digital Transformation Spending in Logistics market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Digital Transformation Spending in Logistics market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Digital Transformation Spending in Logistics:
Company Analysis: Report covers individual Digital Transformation Spending in Logistics players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Digital Transformation Spending in Logistics This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (3PL, Warehouse).
Technology Analysis: Report covers specific technologies relevant to Digital Transformation Spending in Logistics. It assesses the current state, advancements, and potential future developments in Digital Transformation Spending in Logistics areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Digital Transformation Spending in Logistics market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Digital Transformation Spending in Logistics market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Hardware
Software
Services
Market segment by Application
3PL
Warehouse
Market segment by players, this report covers
Hexaware Technologies
IBM
JDA Software WMS
Logitech
XPO Logistics
Mindtree
Oracle
Samsung
SAP
Sanco Software
Syntel
Tech Mahindra
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Digital Transformation Spending in Logistics product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Digital Transformation Spending in Logistics, with revenue, gross margin and global market share of Digital Transformation Spending in Logistics from 2019 to 2024.
Chapter 3, the Digital Transformation Spending in Logistics competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Digital Transformation Spending in Logistics market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Digital Transformation Spending in Logistics.
Chapter 13, to describe Digital Transformation Spending in Logistics research findings and conclusion.