Digital Logistics Market valued at USD 30.81 Bn, set for USD 120.43 Bn growth

Digital Logistics Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Digital Logistics Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Digital Logistics market, with forecasts outspreading to the year 2030.

Expected Expansion of Digital Logistics Market:

The digital logistics market was estimated to be worth USD 30.81 billion in 2023. From 2024 to 2030, it is anticipated that total income in the digital logistics sector would increase by 21.5%, or roughly USD 120.43 billion.

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Digital Logistics Market Scope and Methodology:

Maximize market research covers competitive landscape, key competitors and their market shares for better understanding of the industry. The report also discusses new product developments and technology trends. The report provides a detailed overview of the Digital Logistics market through both quantitative and qualitative analysis. The report aims to help readers develop business strategies and assess their position in the market by providing a comprehensive analysis of the competitive landscape. The purpose of the report is to provide the necessary information to make an informed decision regarding the Digital Logistics market. In addition, the report delivers information on revenue, sales volume, and average price of the entire market and sub-segments in various segments and regions to assist portable notebook manufacturers, new entrants, and companies involved in the industry chain market.

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Digital Logistics Market Regional Insights:

In a regional analysis, the Digital Logistics market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. These regions are classified as corresponding countries such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

Digital Logistics Market Segmentation:

by System

Tracking and monitoring systems
Information integrated systems
Electronic data interchange systems
Database management systems
Fleet management systems
Order management systems

Because operating costs have decreased, the tracking and monitoring system segment, which held the highest share of 35% in 2023, is anticipated to rise significantly over the course of the forecast period. GPS tracking software can be used by fleet management to determine who is misusing a vehicle or taking unproductive routes. In addition to addressing issues related to driving, it will give a precise breakdown of the hours that drivers have claimed. Controlling a company's technology—hardware, networks, communications, operating systems, and apps, among other things—allows monitoring systems to assess how effectively it performs and analyzes its operation while also spotting possible problems and sending out alerts.

by Service

Consulting
System integration services
Other services

by Application

Warehouse management
Labor management
Transportation management

by Industry Vertical

Automotive
Government, Defense and Aerospace
Healthcare and Life Science
Telecommunication and IT
Industrial, Engineering and Manufacturing
Retail
Chemical
Oil and Gas
Others

In 2023, the market was dominated by the IT and telecom sector, which held the greatest share. Customers can enjoy ultra-low latency and extremely high bandwidth for efficient data transfer and analysis with the commercial deployment of the 5G delivery system. This is anticipated to incentivize businesses to embrace MEC techniques. New low-power solutions for IoT systems and networks are also being developed by IT hardware and software companies; these are expected to increase sales and provide new revenue streams. For instance, AT&T Inc. has started providing its clients with MEC-based products, services, and solutions in accordance with their unique 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

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Key questions answered in the Digital Logistics Market are:

What is Digital Logistics?
What was the Digital Logistics market size in 2023?
What is the growth rate of the Digital Logistics Market?
What is the CAGR at which the Digital Logistics market will grow during the forecast period?
What are the different segments of the Digital Logistics Market?
Which is the fastest-growing region in the Digital Logistics market?
Which are the factors expected to drive the Digital Logistics market growth?
What growth strategies are the players considering to increase their presence in Digital Logistics?
What are the upcoming opportunities and trends for the Digital Logistics Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Digital Logistics Market?
What segments are covered in the Digital Logistics Market?
Who are the key players in the Digital Logistics market?
Who are the leading companies and what are their portfolios in Digital Logistics Market?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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