Global Logistics Market by System (Tracking & Monitoring, Information Integrated, EDI, Database Management, Fleet Management, Order Management), by Application (Warehouse, Transportation, Labour Management) & by Service - Global Market Forecast 2022
The pressing needs from the end customers for digital logistics for supply chain velocity, information velocity and financial velocity are playing the vital role in defining the future of Global logistics marketlogistics market. The advent of tracking and monitoring system, information integrated system, electronic data interchange system, database management system, fleet management system and order management system are the products of huge demand for digital logistics.
Moreover, various solution providers are developing their products to cater the customized customer demands. Various cloud technology based products are now available in the market for warehouse, transportation and labor management requirements.
Major players in this market are Advantech, DigiLogistics, Hexaware, IBM, JDA Software, Oracle, , SAP, Tech Mahindra, UTI Worldwide.
The major forces driving this market are cost reduction and time saving, emergence of digital technology, growing use of application and high volume data and improved service quality. Also, cloud based technological advancement, growing e-commerce and globalization have given rise to the new business scenarios in this market.
Digital logistics providers look forward to gain better competitive advantage in this emerging market, thereby creating customizable logistics applications that facilitate quicker customer adoption of the same.
Market segment by Regions/Countries, this report covers
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