Digital Logistics Market Overview: Trends and Growth Factors

Digital Logistics Market

Digital Logistics Market size was valued at USD 25.36 Bn. in 2022 and the total Digital Logistics revenue is expected to grow by 21.5% from 2023 to 2029, reaching nearly USD 99.16 Bn.

Digital Logistics Market Overview

The report covers the Digital Logistics industry’s most recent revenue and trends with the Digital Logistics Market definition, overview and structure. The primary and secondary data has been compiled to make the Digital Logistics market report authentic and error-free. 

Digital Logistics Market Report Scope and Research Methodology

The report provides a comprehensive and insightful analysis of the Digital Logistics market. It includes meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. The bottom-up approach was used to estimate the Digital Logistics market size.

Key players in the Digital Logistics industry were identified through secondary research, and their market revenues were determined through primary and secondary research. Secondary research included a review of annual and financial reports of Digital Logistics leading players, while primary research included interviews with important opinion leaders and industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals.

The Digital Logistics market structure by country with market holding by market leaders, market followers, and local players makes this report a valuable resource for stakeholders. The report also covers mergers and acquisitions, strategic alliances, joint ventures, and partnerships happening in the Digital Logistics market by region, by investment, and their strategic intent.

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Digital Logistics Market Regional Insights

The global Digital Logistics market is divided into five regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The report provides regional analysis with the Digital Logistics market size of each region. The countries portion of the research examines a variety of market factors that are expected to influence current and future Digital Logistics market trends, as well as changes in market regulations at the country level. Some of the key factors used to forecast each country’s Digital Logistics market situation include consumption, production location and volume, import/export analysis, pricing analysis, raw material prices, and upstream and downstream value chain analysis. 

Digital Logistics Market Segmentation

By System, the tracking and monitoring system segment accounted for 35% of the market in 2022. This growth is anticipated to continue throughout the projected period. GPS monitoring software may be used by fleet management to identify individuals who are misusing vehicles or traveling unproductive routes. It will not only solve on-the-road issues but will also give a precise reading of the driving hours reported. Monitoring systems are in charge of managing a business’s technological infrastructure (including, but not limited to, hardware, networks, communications, operating systems, and applications) in order to monitor its performance and operation and to spot and notify users of any problems.

The IT and telecom sector retained the highest share and controlled the market in 2022, according to Industry Verticals. Businesses are anticipated to embrace MEC techniques as a result of the commercial deployment of the 5G delivery system, which offers clients ultra-low latency and exceptionally high bandwidth for efficient data transmission and analysis. Additionally, companies that make IT hardware and software are creating new low-power solutions for IoT networks and systems, which are expected to increase sales and provide new income streams. For instance, AT&T Inc. has started providing MEC-based products, services, and solutions to its clients depending on their individual demands and specifications.

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Digital Logistics Market Key Players

1. JDA Software
2. Oracle Corporation
3. Samsung Electronics Co
4. SAP AG
5. Advantech Corportion
6. Digilogistics
7. Hexaware Technologies
8. IBM Corporation
9. UTI Worldwide Inc
10. Mindtree
11. PartnerTech
12. Digistics
13. Syntel, Inc.
14. REICHHART Logistics Group
15. Tech Mahindra Limited
16. STAR COOPERATION GmbH
17. AT&T
18. Intel
19. HCL Technologies Limited
20. Huawei Technologies Co., Ltd
21. Honeywell
22. Blue Yonder

Key Questions answered in the Digital Logistics Market Report are: 

  • What is the expected CAGR of the Digital Logistics market during the forecast period?
  • What is the expected Digital Logistics market size by the end of the forecast period?
  • What are Digital Logistics market segments?
  • Which segment of the Digital Logistics market is expected to grow at a high rate during the forecast period?
  • Who are the key players in the Digital Logistics market?
  • What key trends are expected to emerge in the Digital Logistics market in the coming years?
  • What are the factors restraining the Digital Logistics market growth?
  • Which regional Digital Logistics market is expected to grow rapidly during the forecast period?
  • Which region held the largest Digital Logistics market share in 2022?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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