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% Analysis Period(2023-30)
Digital Transformation Spending in Logistics is the process of reshaping products services and entire business models by adopting digital technologies. Due to the high cost of building the whole IT department, only large and international organizations can afford to build a whole internal IT department. The spending in logistics are quite expensive and hence can hamper the growth of Digital Transformation Spending in Logistics market. According to the analyst, the emergence of Artificial Intelligence and the Internet of Thinking has escalated Digital Transformation Spending in Logistics market growth for digital transformation in multinational companies. The logistics industries have adopted the Digital Transformation Spending in Logistics at a moderate pace than every other industry. The major driver for this market is the digitalization of business. The higher business models and innovative solutions with excellent reach to consumers are happening because of the digitalization all across the globe which is impacting the growth of Digital Transformation Spending in Logistics market positively.
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Key Chapter Will Be Provided In The Report
· 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
· SWOT Analysis
Top Company Profiles Include in this Digital Transformation Spending in Logistics Market report:
· 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
Segmentation of Digital Transformation Spending in Logistics Market:
In market segmentation by Solutions the Digital Transformation Spending in Logistics Market report covers:
· Hardware
· Software
· Services
In market segmentation by Systems the Digital Transformation Spending in Logistics Market report covers:
· Conveyors, Automated Storage and Retrieval Systems (ASRS),
· Automatic Sorters,
· Automated guided vehicle (AGV),
· Robotic Picking System,
· Automatic Palletizer,
· Peripheral & Supporting Components BFSI
Market Segment by Regions and Countries Level Analysis:
· North America (U.S., Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
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Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Digital Transformation Spending in Logistics industry. The study categories the Digital Transformation Spending in Logistics industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.
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