Global Digital Logistics Market: size was valued at USD 20.88 Bn. in 2021 and the total Digital Logistics revenue is expected to grow by 21.5% from 2022 to 2029, reaching nearly USD 99.16 Bn.
Global Digital Logistics Market Overview:
The Global Digital Logistics Market Analysis" is an in-depth look at the Global Digital Logistics market, with a focus on global market trends and analysis. The purpose of this research is to provide an overview of the Global Digital Logistics industry as well as a comprehensive market analysis by segment and geography. The Global Digital Logistics market is expected to expand rapidly over the forecast period. The research contains critical information on the market positions of the top Global Digital Logistics corporations, as well as noteworthy industry trends and prospects.
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Global Digital Logistics Market Dynamic:
The rise in online purchasing and the number of Internet users have driven the e-commerce industry's exponential growth over the last decade. Because of the increase in e-commerce activity, logistics providers must function more quickly and effectively to execute tiny individual requests. Customers who shop online anticipate order accuracy, same-day or same-hour delivery, and free returns. E-commerce businesses are looking for methods to cut order delivery times and operational expenses.
Transparency, cost, convenience, and speed in delivery, as well as attractive frictionless returns, are all driven by the e-commerce business. To meet this need, new business models and solutions must be developed through digitizing logistics operations, automating material handling systems, warehouse management systems, and distribution management systems. This has resulted in speedier and more diverse fulfillment services, particularly in terms of last-mile delivery alternatives and smooth returns processes.
Market Scope:
The study includes a PESTLE analysis to assess the market's leading competitors' strengths and weaknesses. In order to predict the market and give investors professional insights to keep them up to speed on market developments, the research thoroughly investigates the Global Digital Logistics Market size, share, trends, total earnings, gross revenue, and profit margin.
The report also provides company biographies, product photos and specifications, capacity, production, price, cost, revenue, and contact information for the Global Global Digital Logistics market's major industry players. This study investigates market trends, volume, and value on a global, regional, and company level. This report analyses the whole Global Digital Logistics Market Size from a global perspective, analyzing historical data and creating estimates.
Global Digital Logistics Market Segmentation:
By System, the tracking and monitoring system segment held the largest share of 35% in 2021, owing to lowering the cost of doing business, and is expected to grow significantly during the forecast period. Fleet management can utilize GPS tracking software to see who is taking inefficient routes or abusing a vehicle. It will not only address on-the-road concerns but will also provide an exact readout of the hours claimed by drivers. Monitoring systems are in charge of controlling a company's technology (hardware, networks, communications, operating systems, and applications, among other things) to analyze its operation and performance, as well as to detect and alert about potential faults.
With the rapid increase in economic globalization and information technology, the world's service economy has increased rapidly, and the logistics business, as a new service sector, has grown rapidly as well. More and more available resources make people's life easier, but they also have an influence. How to store and transfer a huge number of different types of items for effective information management has become a critical issue.
Key Players:
• JDA Software
• Oracle Corporation
• Samsung Electronics Co
• SAP AG
• Advantech Corportion
• Digilogistics
• Hexaware Technologies
• IBM Corporation
• UTI Worldwide Inc
• Mindtree
• PartnerTech
• Digistics
• Syntel, Inc.
• REICHHART Logistics Group
• Tech Mahindra Limited
• STAR COOPERATION GmbH
• AT&T
• Intel
• HCL Technologies Limited
• Huawei Technologies Co., Ltd
• Honeywell
• Blue Yonder
Primary and secondary research identifies important market participants, whereas primary and secondary research calculates market revenues. In-depth interviews with important thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, were conducted as part of the core research. Primary research comprised in-depth interviews with key thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to compute percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to original data. The following are a few companies working in the Global Digital Logistics industry.
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Regional Analysis:
The Global Digital Logistics research focuses on geographical analysis, which is further separated by sub-regions and nations. Profit projections and market share statistics for each country are included in this section of the research. This portion of the research examines the share and growth rate of each area and nation throughout the anticipated time period.
The report provides a precise PESTEL analysis for all five regions, including North America, Europe, Asia Pacific, the Middle East, Africa, and South America, after considering political, economic, social, and technical issues affecting the Global Digital Logistics market in various sectors.
COVID-19 Impact Analysis on Global Digital Logistics Market:
As a result of the COVID-19 outbreak, customer behaviour has changed in many spheres of society. In contrast, industries will need to adjust their strategy to account for shifting market supply. This study will assist you in expanding your business in compliance with the new industry standards by providing an overview of the COVID-19's impact on the Global Digital Logistics market.
The Global Digital Logistics Market Report presents 360-degree study under the COVID-19 Influence area, spanning from the flexible supply chain and import constraints to provincial government regulations and the firm's future impact. Primary market research (2021-2027), examples of venture rivalry, advantages and disadvantages of major firm streams, and industry growth trends (2021-2027) have all been provided.
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Key Questions Answered in the Global Digital Logistics Market Report are:
- What is the size of the market for Global Digital Logistics?
- Which regional market will take the lead in the next years?
- Which application category is likely to grow the most quickly?
- What growth prospects may exist in the Global Digital Logistics business in the next years?
- What would be the most significant future obstacles for the Global Digital Logistics market?
- Who are the market leaders in the category Global Digital Logistics?
- What are the key trends impacting market growth?
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