The ReportsWeb provides you global research analysis on “Digitization in Logistics Supply Chain Market” and forecast to 2027. The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Digitization in Logistics Supply Chain market during the forecast period, i.e., 2020–2027.
The digitization in logistics supply chainmarket was valued at US$ 11,794.24million in 2019 and is projected to reach US$ 23,607.06million by 2027; it is expected to grow at a CAGR of 8.5% from 2020 to 2027.
Developing countries in the world are experiencing rapid industrialization, which mainly results in the rise in number of manufacturing facilities. Various multinational companies have their manufacturing plants in several developing countries. The expansion of multinational companies to these countries generates substantial demand for strong internet capabilities to streamline numerous operations. The logistics and supply chain are among the key industries in any country, and due to the fast maturation of digital technologies in these industries, the demand for the same is escalating in developing countries. This supports the growth of the Internet of Things (IoT) in developing countries. IoT-enabled processes boost task efficiency and reduce accidents. In addition, the IoT enables real-time monitoring, tracking, and tracing for both international and domestic transit, thereby offering higher levels of visibility to the service providers and customers into logistics.
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Accenture Plc, Advantech Co. Ltd., Cognizant, Capgemini, Hexaware Inc., IBM Corporation, Oracle Corporation, SAP SE, Tata Consulting Services Limited, Wipro Ltd. are among a few players operating in the Europe Digitization in Logistics Supply Chain market.
The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Digitization in Logistics Supply Chain market. The researcher provides an extensive analysis of the Digitization in Logistics Supply Chain market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
The research on the Digitization in Logistics Supply Chain market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Digitization in Logistics Supply Chain market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and info-graphics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Digitization in Logistics Supply Chain market.
Digitization in Logistics Supply Chain Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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