Cloud Logistics Market Size

Cloud Logistics Market size was valued at USD 29.9 billion in 2023 and is anticipated to reach USD 112.5 billion by the end of 2036, registering a CAGR of 13.4% during the forecast period, i.e., 2024-2036. In 2024, the industry size of cloud logistics is estimated at USD 31.9 billion.

The rapid adoption of advanced technologies, such as the Internet of Things (IoT) and Artificial Intelligence (AI) for logistics across various sectors, is expected to drive the cloud logistics market during the forecast period. The increasing need for scalable and flexible logistics solutions and the rising trend of digital transformation in the supply chain industry are also a few factors attributing to the market expansion, indicating plenty of opportunities for key players. In June 2024, Amazon announced that it intended to invest in Germany totaling USD 10.0 billion to foster innovation and provide support for expanding its cloud infrastructure and logistics network across the country.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of cloud logistics was over USD 29.9 billion.

The market size for cloud logistics is projected to reach USD 112.5 billion by the end of 2036 expanding at a CAGR of 13.4% during the forecast period i.e., between 2024-2036.

The major players in the market are Oracle, Jaix, JDA, Bwise, IBM, Microsoft, C.H. Robinson, MetricStream, Trimble, and others.

The large enterprise segment is anticipated to hold a share of 74% during 2024-2036.

The North America cloud logistics market is poised to hold a 40% share by the end of 2036.

Cloud Logistics Market Size