Digital Transformation Spending In Logistics Market: Global Industry Analysis And Forecast 2023 - 2029

Market Overview:

The Global Digital Transformation Spending in the Logistics market was valued at USD 54.78 billion in 2021 and is expected to reach USD 93.82 billion by the year 2028, at a CAGR of 7.99%

Digital transformation spending in logistics is an ongoing process in the logistics industry. With the increasing digitalization of various businesses, speed and time are important factors leading to increased efficiency and have become even more important for the logistics industry. The introduction of technology has resulted in a logistical transformation with faster, and more efficient operations. The emergence of Artificial Intelligence and the Internet of Thinking has surged digital transformation spending in the Logistics market growth for digital transformation in various major companies. Rising Digitalization of Business is the major driving factor of the market.

Read More This Research Report: -

https://introspectivemarketresearch.com/reports/digital-transformation-spending-in-logistics-market/

Market Dynamics:

Driver:

Rising demand for the digitalization of business processes and increase in cost pressure on the service providers is the major driving factor of the digital transformation spending in the Logistics market. The increasing number of digital transformations spending in Logistics market players in the developed region like North America is driving market growth in the upcoming years. Increasing investments in R&D programs by multinational companies are further driving the Digital Transformation Spending in the Logistics market growth in the upcoming years.

Opportunities:

The entry of third-party logistics providers into the logistics and freight management sector is altering market dynamics and giving shippers the chance to select the best business partner. There will be opportunities in the future for logistics and transportation businesses to increase productivity and revenues. Vehicle trains or platoons may be made possible via IoT and vehicle-to-vehicle communication. With the increase in the population along with innovations in various industries in developing countries like China, and India the key players find opportunities for market growth.

The Report Will Include A Major Chapter

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis

Acquire PDF Sample Report + All Related thorough TOC, Graphs and Tables of Global Digital Transformation Spending in Logistics Market Now:

https://introspectivemarketresearch.com/request/4450

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

Solutions Insights:

By Solutions, Digital Transformation Spending in Logistics market can be segmented into Hardware, Software, and Services. The segment Services held the largest market share of 77.28% with market size of USD 61.29 billion in the year 2026. But, Digital Transformation Spending in Logistics segment, software holds the highest CAGR of 8.51% for the year 2020.

Deployment type Insights:

By Deployment Type, Digital Transformation Spending in Logistics market is segmented into Cloud-Based and On-Premise. The Cloud-based segment held the largest market share of 76.35% in the year 2019. The increasing investment for this segment by the IT sector to increase the productivity and efficiency of the businesses is improving the market share for this segment. It held Digital Transformation Spending in Logistics largest market size of USD 36.54 billion in the year 2019 and is anticipated to increase more in Digital Transformation Spending in Logistics forecast period to be at USD 62.58 billion in the year 2026 with a CAGR of 8.07%.

By Solutions:

•Hardware
•Software
•Services

By System:

•Conveyors
•Automated Storage and Retrieval Systems (ASRS)
•Automatic Sorters
•Automated guided vehicle (AGV)
•Robotic Picking System
•Automatic Palletizer
•Peripheral & Supporting Components BFSI

Get 50% Discount on This Report: -

https://introspectivemarketresearch.com/discount/4450

Are Concerned about the possibility of an economic recession and unsure how to adapt to the current social and economic climate? Considering the current economic situation, it is crucial to conduct market research to evaluate the forthcoming opportunities and threats. Introspective Market Research is here to assist you in overcoming these threats and seizing the opportunities that will soon become available. Do not be concerned about the market study and analysis; we will assist you by providing the most up-to-date market research reports at the most affordable prices.

By Region:

•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

Key Players For The Global Digital Transformation Spending In Logistics Market

•JDA Software WMS
•Logitech
•Unisys Corporation
•Sanco Software
•Advantech
•Partner Tech
•Oracle
•Hexaware Technologies
•S2K warehouse management
•Samsung
•Mindtree
•3GTMS
•XPO Logistics
•IBM
•APL Logistics Ltd.
•Digital Logistics Group
•Syntel
•4Flow AG
•SAP
•Tech Mahindra

Inquire Before Purchase: -

https://introspectivemarketresearch.com/inquiry/4450

Table of Content: -

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2: Executive Summary

Chapter 3: Growth Opportunities By Segment
 3.1 By Solutions
 3.2 By System

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Digital Transformation Spending in Logistics Market by Solutions

To be Continued…

Check Out Press Releases Published On Our Sites: -

https://introspectivemarketresearch.com/press-release/private-healthcare-market/

https://introspectivemarketresearch.com/press-release/probiotics-market/

https://introspectivemarketresearch.com/press-release/smart-transportation-market/

Read More Related Report: -

https://introspectivemarketresearch.com/reports/digital-transformation-of-maritime-freight-market/

Buy the Latest Version of this Report @

https://introspectivemarketresearch.com/checkout/?user=1&_sid=4450

Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1 773 382 1049
Email: sales@introspectivemarketresearch.com

About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

This release was published on openPR.