Digital Logistics Market size was valued at USD 20.88 Bn. in 2021 and the total Digital Logistics revenue is expected to grow by 21.5% from 2022 to 2029, reaching nearly USD 99.16 Bn.
Digital Logistics Market Overview:
The report focuses on aspects such as gross margin, cost, market share, capacity utilization, and supply that affect Digital Logistics Market. It also helps in understanding Digital Logistics Market’s future potential in the succeeding years. The report provides a market overview by standard topics which are highlighted with customized data according to the necessity. This overview helps in decisions on how to approach the market and understand the context of the industry. The research analyst has said that the APAC region is a lucrative opportunity for the Digital Logistics market and components manufacturers for the next ten years.
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Digital Logistics Market Scope:
MMR’s research is a thorough examination of the Digital Logistics market; it also identifies all of the top companies in the global market based on variables such as volume, share, strategies, and growth. In the Digital Logistics market, the research looks at each producers manufacturing sites, capacity, production, ex-factory price, market price, sales revenue, and market share. Import/export consumption, supply and demand, cost, price, share, sales volume, revenue, and gross margins are all covered in this Digital Logistics market research. For the competitive analysis, the report includes the profile of the key market players in the Digital Logistics market including company overview, financial performance, product portfolio, and strategies.
Segmentation:
Due to lower operating costs, the tracking and monitoring system category had the biggest market share by System in 2021 (35%), and is anticipated to expand rapidly over the coming years. GPS tracking software can be used by fleet management to identify individuals who are misusing vehicles or travelling 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.
According to Industry Verticals, the IT and telecom sector dominated the market in 2021 and held the greatest share. 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 transfer 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 revenue 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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Key Competitors:
• 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
• AT&T
• Intel
The report looks at the most recent notable breakthroughs in the Digital Logistics market, as well as the major producers and inventors. To implement future business growth and expansion in a predictable time period, vendors should employ sequential merger and acquisition plans, geographic development strategies, research and development (R & D) strategies, and new product launch strategies, or explain the most advantageous fit.
Regional Analysis:
The market’s key geographies, as well as notable segments and sub-segments, are examined in the Digital Logistics Industry Research. This Digital Logistics market report includes figures, geographies, and revenue, as well as an in-depth examination at the business chain structure, opportunities, and industry news. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
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Key Questions answered in the Digital Logistics Market Report is:
- 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 is the expected global Digital Logistics market size by 2029?
- Which company held the largest share in the Digital Logistics market?
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