Digital Logistics Market: Insights
The global digital logistics market will propel at a high CAGR during the forecast period from 2020 to 2026. Digital Logistics uses modern technologies and connectivity in logistics, which seek to minimize operating costs, enhances supply chain, improve overall performance, and provide customer-centric solutions. Digital logistics provides high efficiency to enterprises by offering flexible processes and reducing costs and inventories. The rising adoptions of cloud-based solutions, along with increasing growth in the retail and e-commerce sectors are some of the major factors expected to drive growth for the digital logistics market. Moreover, the change in customer engagement and operations which include predictive maintenance, and slot optimization, among others are some of the factors expected to propel the market growth. The digitization process has given rise to new logistics solutions in the supply chain category. However, lack of digital infrastructure and concerns associated with data security are some of the factors likely to hamper the market growth during the forecast period.
Digital Logistics Market: By Organization Size
Based on the study of practice size, this market can be explained into two segments namely, large–enterprises, and small-mid-sized enterprises. Amongst all the sizes of organization, the small- and-mid sized enterprises will be the fastest-growing segment. The increasing government investments and capitals clubbed with the rising adoption of such advanced technologies will add fuel to the growth of the digital logistics market. The increasing use of advanced solutions is one of the significant factors driving market growth.
Digital Logistics Market: By Component
Based on the components, the market is fragmented into solutions and services. The solution component contributes the most to the global revenue in the market. It is further segregated into five sub-segments namely; asset management, security, network management, warehouse management, and data management and analytics. The data management and analytics segment analyzed to be the largest market share holder from 2020 to 2026. This is due to the high demand for real-time internet of things solutions, and enhancement in the efficiency of industries; are some of the factors expected to drive the market growth for the practice management segment.
Digital Logistics Market: By Deployment Mode
Based on the study of deployment mode, this market can be explained into two segments namely, on-premise enterprises and cloud-based enterprises. The growth of the cloud-based segment will be faster than the latter one. This is due to the rising demand for cloud-based digital logistics enterprises, low installation, and maintenance cost and unlimited storage capacity are some of the factors expected to drive the market growth. It also increases deployment in cloud-based software. Cloud-based enterprises are much cheaper as compared to on-premise enterprises.
Digital Logistics Market: By Vertical
Based on the study of vertical, the global digital logistics market is fragmented into retail and e-commerce, aerospace and defense, energy and utilities, automotive, pharmaceuticals and healthcare, and manufacturing, among others. The retail and e-commerce sites that are owned by large-sized retailers are analyzed to be the largest market share holders from 2020 to 2026. This is due to the growing digital penetration and growing adoption of this technology in remote asset management, which are some of the factors driving the market growth.
Digital Logistics Market: By Region
Based on the region, the market for Digital Logistics is split into Europe, Asia Pacific, North America, CSA, and Middle East & Africa. The largest revenue contributor in the market is the North America region over the forecast period. The growing technological advancements and high adoption of digital services are some of the factors influencing the market growth. Furthermore, the Asia-Pacific is projected to be the fastest-growing region during the forecast period due to the growing e-commerce industry in countries such as India, Singapore, and China along with increasing investments in infrastructures that are expected to propel the market growth in the APAC region.
Digital Logistics Market Share & Competitor Analysis
The key players operating in this market are IBM, SAP, INTEL, Honeywell, HCL Technologies, Cloud Logistics, Digilogistics Technology Limited, Ramco Systems, IMPINJ, Magaya, Hexaware, Advantech, Coyote Logistics, Oracle, At&T, Infosys Limited, Eurotech S.P.A, Orbcomm Inc., Freightgate Inc, Blue Yonder (Formerly Known As Jda Software), Webxpress, Logisuite, Intersec, Icat Logistics, Softlink, Samsung Sds, and Tech Mahindra, among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In July 2020, Orbcomm, Inc. announced the launch of its next-generation platform for monitoring and reporting by offering improved features including advanced insights into data.
In July 2020, Coyote Logistics announced that its Dynamic Path Optimization software will be extended following the streamlining of logistics operations.
Check the Press Release on Global Digital Logistics Market Report
Digital Logistics Market: By Organization Size
- Introduction
- Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- Small-Mid-Sized Enterprises-Based
- Small-Mid-Sized Enterprises-Based: Digital Logistics Market, 2020-2026 (USD Million)
- Large Enterprises
- Large Enterprises: Digital Logistics Market, 2020-2026 (USD Million)
Digital Logistics Market: By Function
- Introduction
- Digital Logistics Market, By Function, 2020-2026 (USD Million)
- Warehouse Management
- Warehouse Management: Digital Logistics Market, 2020-2026 (USD Million)
- Transportation Management
- Transportation Management: Digital Logistics Market, 2020-2026 (USD Million)
- Workforce Management
- Workforce Management: Digital Logistics Market, 2020-2026 (USD Million)
Digital Logistics Market: By Deployment Mode
- Introduction
- Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- Cloud-based Enterprises
- Cloud-based Enterprises: Digital Logistics Market, 2020-2026 (USD Million)
- On-Premises Enterprises
- On-Premises Enterprises: Digital Logistics Market, 2020-2026 (USD Million)
Digital Logistics Market: By Vertical
- Introduction
- Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- Retail and E-Commerce
- Retail and E-Commerce: Digital Logistics Market, 2020-2026 (USD Million)
- Pharmaceuticals and Healthcare
- Pharmaceuticals and Healthcare: Digital Logistics Market, 2020-2026 (USD Million)
- Aerospace and Defense
- Aerospace and Defense: Digital Logistics Market, 2020-2026 (USD Million)
- Energy and Utilities
- Energy and Utilities: Digital Logistics Market, 2020-2026 (USD Million)
- Automotive
- Automotive: Digital Logistics Market, 2020-2026 (USD Million)
- Manufacturing
- Manufacturing: Digital Logistics Market, 2020-2026 (USD Million)
- Others
- Others: Digital Logistics Market, 2020-2026 (USD Million)
Digital Logistics Market: By Components
On the basis of components, the global digital logistics market is segmented into solutions, and services. The report contains quantitative insights about the following:
- Introduction
- Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Solutions
- Solutions: Digital Logistics Market, 2020-2026 (USD Million)
- Services
- Services: Digital Logistics Market, 2020-2026 (USD Million)
Digital Logistics Market: By Region
- Introduction
- Global Digital Logistics Market, Regional Analysis, 2020-2026 (USD Million)
- North America
- North America Digital Logistics Market, Regional Analysis, 2020-2026 (USD Million)
- By Organization Size
- North America Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- North America Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- North America Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- North America Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- North America Digital Logistics Market, By Components, 2020-2026 (USD Million)
- By Country
- U.S
- By Organization Size
- U.S Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- U.S Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- U.S Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- U.S Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- U.S Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Canada.
- By Organization Size
- Canada Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Canada Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Canada Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Canada Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Canada Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Mexico
- By Organization Size
- Mexico Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Mexico Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Mexico Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Mexico Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Mexico Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Europe
- Europe Digital Logistics Market, Regional Analysis, 2020-2026 (USD Million)
- By Organization Size
- Europe Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Europe Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Europe Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Europe Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Europe Digital Logistics Market, By Components, 2020-2026 (USD Million)
- By Country
- Germany
- By Organization Size
- Germany Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Germany Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Germany Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Germany Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Germany Digital Logistics Market, By Components, 2020-2026 (USD Million)
- UK
- By Organization Size
- UK Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- UK Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- UK Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- UK Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- UK Digital Logistics Market, By Components, 2020-2026 (USD Million)
- France
- By Organization Size
- France Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- France Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- France Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- France Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- France Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Italy
- By Organization Size
- Italy Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Italy Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Italy Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Italy Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Italy Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Rest Of Europe
- By Organization Size
- Rest Of Europe Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Rest Of Europe Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Rest Of Europe Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Rest Of Europe Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Rest Of Europe Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Asia Pacific
- Asia Pacific Digital Logistics Market, Regional Analysis, 2020-2026 (USD Million)
- By Organization Size
- Asia Pacific Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Asia Pacific Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Asia Pacific Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Asia Pacific Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Asia Pacific Digital Logistics Market, By Components, 2020-2026 (USD Million)
- By Country
- China
- By Organization Size
- China Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- China Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- China Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- China Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- China Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Japan
- By Organization Size
- Japan Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Japan Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Japan Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Japan Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Japan Digital Logistics Market, By Components, 2020-2026 (USD Million)
- India
- By Organization Size
- India Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- India Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- India Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- India Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- India Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Central & South America
- Central & South America Digital Logistics Market, Regional Analysis, 2020-2026 (USD Million)
- By Organization Size
- Central & South America Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Central & South America Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Central & South America Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Central & South America Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Central & South America Digital Logistics Market, By Components, 2020-2026 (USD Million)
- By Country
- Brazil
- By Organization Size
- Brazil Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Brazil Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Brazil Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Brazil Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Brazil Digital Logistics Market, By Components, 2020-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa Digital Logistics Market, Regional Analysis, 2020-2026 (USD Million)
- By Organization Size
- Middle East & Africa Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Middle East & Africa Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Middle East & Africa Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Middle East & Africa Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Middle East & Africa Digital Logistics Market, By Components, 2020-2026 (USD Million)
- By Country
- Saudi Arabia
- By Organization Size
- Saudi Arabia Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- Saudi Arabia Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- Saudi Arabia Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- Saudi Arabia Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- Saudi Arabia Digital Logistics Market, By Components, 2020-2026 (USD Million)
- UAE
- By Organization Size
- UAE Digital Logistics Market, By Organization Size, 2020-2026 (USD Million)
- By Function
- UAE Digital Logistics Market, By Function, 2020-2026 (USD Million)
- By Deployment Mode
- UAE Digital Logistics Market, By Deployment Mode, 2020-2026 (USD Million)
- By Vertical
- UAE Digital Logistics Market, By Vertical, 2020-2026 (USD Million)
- By Components
- UAE Digital Logistics Market, By Components, 2020-2026 (USD Million)
The global Digital Logistics Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Digital Logistics Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.