October 31 2019
The incorporation of digitalization into logistics opens up avenues for cost-effectiveness as well as assures optimum performance. The industry leaders have already initiated the adoption of the technology, and the market is expected to witness more demand over the next few years. Market Research Future (MRFR) has revealed in its latest report that the market will reach a value of USD 19 Bn, and grow at a robust CAGR of 11% across the forecast period 2017 to 2023.
The amplified offerings available in the Digital Logistics Market coupled with the developments in product line expected to be introduced by 2023 will catapult the market expansion at a fierce pace. Moreover, the globalization has paved the way for consumers to source commodities from all across the world which has spurred the need for a reliable digital logistics solution. The factors propelling the demand for digital logistics are loss due to employee theft, loss of goods in transit, issues related to product distribution, etc. The introduction of e-commerce and m-commerce has also propelled the market for expansion for digital logistics.
The exemplary performance of digital logistics in some industries has opened up avenues for large-scale adoption of the technology for generating benefits such as employee retention, optimum performance, customer satisfaction, etc.
Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/5831
The key players profiled by MRFR in its recently published report includes SAP SE (Germany), Samsung Group (South Korea), Advantech Co. (Taiwan), Huawei Technologies Co., Ltd. (China), Hexaware Technologies (India), Tech Mahindra (India), Oracle Corporation (U.S.), HCL Technologies Limited (India), International Business Machines Corporation (U.S.), and, JDA Software Group, Inc. (U.S.). The players compete with each other to garner share in the market revenue by implementing strategies such as product innovation, product development, agreement, acquisition & merger, etc.
Wallenius Wilhelmsen, Norway, has entered into an agreement for acquiring 70% of the interest in Syngin Technology, a U.S. logistics provider. The initial purchase price is fixed at USD 22 Mn. It is a crucial step in realizing WW Solutions’ aspiration to develop and deploy digital solutions for helping customers manage their business faster, better, and, smarter.
Global Digital Logistics Market Segmentation:
By region, the digital logistics market has been segmented into North America, Asia Pacific, Europe, and the Rest of the World (RoW). North America market will be retaining its dominance across the assessment period owing to the immense demand and supply expected to generate in the region. Moreover, the technology adoption rate has always been higher in this market than in any other markets. The growing faith of the industry leaders in digital technologies will fuel the market growth in the region.
Europe market will multiply revenue generation due to the wide scale penetration of the cloud services. The developments in the industrial sector will also fuel the demand for digital logistics in the region. Asia Pacific market borders the fastest growing economies that are focusing on the technological advancements for the smooth and optimum functioning of the industrial sector. Therefore, the market in this region for digital logistics is expected to proliferate at a robust CAGR. The major contributions in this region will be generated from markets in China, Japan, and India.
Get complete Report @ https://www.marketresearchfuture.com/reports/digital-logistics-market-5831
LIST OF FIGURES
FIGURE 1 Global Digital Logistics Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Digital Logistics Market
FIGURE 4 Value Chain Of Global Digital Logistics Market
FIGURE 5 Share Of Global Digital Logistics Market In 2017, By Country (In %)
FIGURE 6 Global Digital Logistics Market, 2017-2023,
FIGURE 7 Sub Segments Of Applications
FIGURE 8 Global Digital Logistics Market Size By Component, 2017
FIGURE 9 Share Of Global Digital Logistics Market By Applications, 2017 TO 2023
FIGURE 10 Global Digital Logistics Market Size By Component 2017
FIGURE 11 Share Of Global Digital Logistics Market By Applications, 2017 TO 2023
FIGURE 12 Global Digital Logistics Market Size By Component, 2017 TO 2023
FIGURE 13 Share Of Global Digital Logistics Market By Applications 2017 TO 2023
Know More about this Report @ https://www.marketwatch.com/press-release/digital-logistics-market-2018-global-size-regional-trends-key-players-analysis-emerging-technologies-opportunities-development-strategy-and-forecast-2023-2018-12-24
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
+1 646 845 9312