1. Market Research
  2. > Transportation Market Trends
Digital Logistics Market by Solution, Service, Function, Vertical And Region - Global Forecast to 2025

Digital Logistics Market by Solution, Service, Function, Vertical And Region - Global Forecast to 2025

  • September 2020
  • 249 pages
  • ID: 5974275
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

Exponential growth in the eCommerce industry to drive the growth of the digital logistics market
The global digital logistics market size is expected to grow from USD 17.4 billion in 2020 to USD 46.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. The rise in e-commerce activities requires logistics providers to operate faster and more efficiently to rapidly process small individual orders. Online customers expect order accuracy, same-day or same-hour delivery, and free returns. E-commerce companies are exploring ways to reduce order delivery times and operational costs. The e-commerce industry drives the demand for transparency, affordability, convenience, and speed in delivery as well as compelling frictionless returns. To cater to this need, it is essential to create new business models and solutions by digitalizing the logistics operations, automating material handling system, warehouse management system, and distribution management system.

By organization size, large enterprises segment to account for a largest market size during the forecast period
By organization size, large enterprises segment is expected to record at the largest market size during the forecast period.Large enterprises in the logistics industry are organizations that have a global reach of their logistics services.

These organizations have a high adoption of technologies and have more available resources.Large enterprises have abundance of resources, such as HR, required capital and budget, as well as decision making bodies, which allows them to adopt the latest technologies to advance in the sector.

There are various organizations that are leading the logistics industry, such as DHL, which leverage advanced technologies, such as automation, IoT, indoor positioning, advanced analytics, AI, and much more to cater to the high demand of logistic services across the globe.The adoption of technologies in large enterprises is higher because of high availability of resources and decision-making bodies.

In the digital logistics market, large enterprises are expected to hold a larger market size during the forecast period.
• By vertical,, manufacturing segment to hold the largest market size during the forecast period

Digital logistics solutions play an essential part in the manufacturing industry.With the right choice of the digital logistics solution, a manufacturing company can track and manage equipment and inventory, effectively scheduling maintenance to minimize maintenance and repair costs, predict the future equipment and maintenance costs, and minimize the cost of asset lifecycle management.

The manufacturing vertical is responsible for producing goods and services that support core functions of a business. One of the major challenges faced by the manufacturing sector is dealing with quick and smart response to emergency situations and costs involved in the transportation of materials and finished goods.
• By region, Asia Pacific to grow at the highest CAGR during the forecast period

The market in the Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period.The APAC region is witnessing high growth due to increasing global competition, growing penetration of smart devices, connected machines, and rising investments in smart cities.

High economic growth in developing countries, such as India, China, and Vietnam, has resulted in an increase in the number of connected solutions that consist of sensors and RFID tags, resulting in a sudden outburst of vast amounts of data.This has made digital logistics a prominent feature in the growing transportation and logistics sector of this region.

Thus, APAC is a current hotspot of the digital logistics market and attracts many companies.

The breakup of the profiles of the primary participants is given below:
• By Company: Tier 1 – 35%, Tier 2 – 39%, and Tier 3 – 26%
• By Designation: C-Level – 55%, Director Level – 40%, Managers–5%
• By Region: North America – 30%, Europe – 35%, APAC – 25%, and RoW – 10%

The following key digital logistics vendors are profiled in the report:
• IBM (US)
• Oracle (US)
• SAP (Germany)
• AT&T (US)
• Intel (US)
• Infosys (India)
• Honeywell (US)
• Eurotech S.P.A (Italy)
• HCL Technologies (India)
• ORBCOMM (US)
• Cloud Logistics (US)
• Freightgate (US)
• Blue Yonder (US)
• Digilogistics (China)
• WebXpress (India)
• Ramco Systems (India)
• Logisuite (US)
• Impinj (US)
• Intersec (France)
• ICAT Logistics (US)
• Magaya (US)
• Softlink (India)
• Samsung SDS (South Korea)
• Hexaware (India)
• Tech Mahindra (India)
• Advantech (Taiwan))

Research Coverage
The digital logisticsmarket is segmented into Digital Logistics Market Component (Solutions and Services), Deployment (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), Function, Vertical, and Regions . A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; services; key strategies; new service and product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the digital logisticsmarket.

Reasons to Buy the Report

The report would help the market leaders and new entrants in the following ways:
• It comprehensively segments the digital logisticsmarket and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different regions.
• It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities in the market.
• It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes a competitor ecosystem, new service developments, partnerships, and acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on