Global Digitalization in Logistics Supply Chain MarketGlobal Industry trend,
Posted by marketresearch123 on April 16th, 2021
Logistics play an important role in supply chain management and helps in proficiency handling any business. This is process of management of things from point of origin to point of consumption of the customers. The change in dynamics and industrial demand for innovative solutions are expected to drive the market growth. Digitalization in logistics provides several advantages to the enterprises such as lowering the cost, efficiency, and profitability.
Growing technological advancements is the key driving factor which is expected to boost the global digitalization in logistics supply chain market growth. Furthermore, increase in use of applications in logistics, high volume of data as well as improved service quality are some driving factors which are expected to propel the global digitalization in logistics supply chain market. Also, increase in adoption of cloud technology, and globalization of the retail marketers will positively influence the market growth over the forecast period. Digitalization is propelled by web-based enterprise logistics applications which enable optimization and collaboration. It also provides clarity for entire logistics operations of the organizations. Moreover, rise in adoption of innovative applications and advanced capacities of existing solutions will fuel the global digitalization in logistics supply chain market growth during this forecast period.
The low volume of production is restraint the full-fledged usage of the fleets that is creating tremors on the logistics service providers business which is expected to hinder the global digitalization in logistics supply chain market growth over the forecast period. Also, lack of proper infrastructure, privacy issues and security threats will affect the market growth.
Global Digitalization in Logistics Supply Chain Market is segmented into component such as Solutions (Tracking & Monitoring, EDI, Order Management, CRM, and Others), Services (Consulting , and Integration), and Others, by organization size such as SMEs, and Large Enterprises. Further, market is segmented into industry such as BFSI, Automotive, Manufacturing, IT & Telecom, Healthcare, Oil & Gas, and Others.
Also, Global Digitalization in Logistics Supply Chain Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Accenture, Advnatech Co. Ltd., Capgemini SE, Cognizant, Oracle Corporation, SAP SE, IBM Corporation, Tata Consulting Services Limited, Hexaware Inc., and Wipro Ltd.
By Component Solutions
By Organization Size
Browse Full Research Report @ https://qualiketresearch.com/reports-details/Digitalization-in-Logistics-Supply-Chain-Market
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
Research Support Specialist
6060 N Central Expy #500, TX 75204, U.S.A
Like it? Share it!
About the Authormarketresearch123
Joined: March 27th, 2021
Articles Posted: 113
More by this author