Digital Logistics Market was valued at US$ 17.4 Bn. in 2020 and is expected to reach US$ 38.3 Bn. by 2027, at a CAGR of 11.9% during a forecast period.
Digital Logistics Market Overview:
Maximize Market Research (MMR) spent a lot of time and effort investigating the Digital Logistics Market, focusing on each sector while considering global and regional trends. In order to create a balanced market environment, the primary drivers as well as significant restraints have been thoroughly addressed. To give readers a complete picture of the market, the research separates it into several areas, including Product, Application, Retailers, and Regions. The research also includes long-term industry estimates for the Digital Logistics Market.
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Market Scope:
The Digital Logistics market is expected to develop at a steady rate between 2021 and 2027, according to the forecast. Between 2021 and 2027, the industry is expected to grow rapidly, with leading market players putting in significant effort.
The development process is examined, as well as cost structures and development goals and objectives. This global Digital Logistics market report covers import/export consumption, supply and demand, cost, price, share, sales volume, revenue, and gross margins. In the global Digital Logistics market, this study looks at each producer's manufacturing sites, capacity, production, ex-factory price, market price, sales revenue, and market share. Among the countries (regions) are the United States, Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.
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Segmentation:
Based on application, during the forecast period, the warehouse management segment is expected to be the most profitable. The use of tools and platforms dedicated to keeping track of arriving and outgoing merchandise in the warehouse is how warehouse management is performed. Orders are synced with inbound and outbound logistics data in the WMS, allowing logistics service providers to maintain track of inventories both within and outside the warehouse.
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
Regional Analysis:
The Digital Logistics market is split up into five regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America.
COVID-19 Impact Analysis on Digital Logistics Market:
The COVID-19 Pandemic has the potential to disrupt global markets in three ways: by directly affecting production and demand, disrupting supply networks and marketplaces, and bankrupting businesses and financial institutions. The purpose of this research is to understand more about the current situation, the economic slump, and COVID-19's impact on the global Digital Logistics market.
Key Questions answered in the Digital Logistics Market Report are:
- Which product segment grabbed the largest share in the Digital Logistics market?
- How is the competitive scenario of the Digital Logistics market?
- Which are the key factors aiding the Digital Logistics market growth?
- Which region holds the maximum share in the Digital Logistics market?
- What will be the CAGR of the Digital Logistics market during the forecast period?
- Which application segment emerged as the leading segment in the Digital Logistics market?
- Which are the prominent players in the Digital Logistics market?
- What key trends are likely to emerge in the Digital Logistics market in the coming years?
- What will be the Digital Logistics market size by 2027?
- Which company held the largest share in the Digital Logistics market?
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