The market research report helps analyze the Project Logistics market on a global basis and also offers forecast and statistics in terms of revenue for the anticipated forecast period 2017 to 2021. This research study offers a detailed overview of the market dynamics that are expected to affect the overall industry in the coming few years.
In addition, the study explains the impact of the key factors on the development and growth of the global Project Logistics market through the forecast period. Promising opportunities in the global Project Logistics market have also been mentioned in the study.
Global Project Logistics market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Project Logistics.
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The emergence of artificial intelligence in the mainstream supply chain activities is one of the key trends that will contribute to the growth of this market in the forthcoming years. Artificial intelligence-based applications involve the use of a system that adapts and imitates the knowledge of a human expert.
The rising digital focus and rapidly evolving technologies have allowed automation to enter the industrial environment. For instance, Robotics Process Automation (RPA) is a clerical process automation technology, which is based on artificial intelligence.
The process integrates multiple systems that are dedicated to order taking and fulfillment and can automate end-to-end supply chains. Logistics companies can automate up to 40% of their operations and save more than USD 1 trillion in annual wages.
The rising production and global trade have increased the need for project logistics. The market is experiencing a significant growth with the entry of new players.
The key differentiating elements in the market are the value-added services (VAS) provided by the logistics service providers. Logistics companies are expanding their businesses through mergers and acquisition activities to increase their global presence and expand their services.
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