Digital Logistics Market Share

On the basis of geographical analysis, the global digital logistics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in the Latin America is anticipated to dominate majority revenue share by 2036, on the back of growing technological advancements in cloud, AI and IoT, increasing penetration of mobile devices, and growing establishment of SMEs in the region. For instance, in 2018, 75% business buyers in Brazil believed that AI can represent good opportunities to businesses. Furthermore, more than 65% were already using AI and were satisfied with the organizational transformation in the country. Additionally, the market in North America is evaluated to occupy the largest share over the forecast period owing to the strong presence of prominent IT companies and intensifying technological advancements in digital logistics. Apart from these, rising developments in commercial transport in the region is also expected to drive market growth in the future.