Digital Logistics Market Size

  • Report ID: 3286
  • Published Date: Aug 29, 2024
  • Report Format: PDF, PPT

Digital Logistics Market Size

Digital Logistics Market size was over USD 27.92 billion in 2023 and is anticipated to reach USD 250.89 billion by 2036, witnessing around 18.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of digital logistics is estimated at USD 32.03 billion. The growth of the market can be attributed to the growing requirement for cost-effective logistics, rising adoption of cloud-based services by small and medium sized enterprises, and increasing data volume in the logistics industry. More than 75% of small businesses are evaluated to adopt cloud computing by the end of 2021. In 2020, 82% of SMEs reported to have witnessed reduced costs as a result of adoption of this technology. Along with these, rapid technological advancements in digital marketing, and rise in investments by governmental and non-governmental organizations on technologies such as AI, big data and IoT are also expected to drive market growth in the forthcoming years. Furthermore, robust growth in the e-commerce industry in the last decade is projected to offer ample opportunities for the expansion of market in the near future. 


Global Digital Logistics Market
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Author Credits:  Abhishek Verma


  • Report ID: 3286
  • Published Date: Aug 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of digital logistics is estimated at USD 32.03 billion.

Digital Logistics Market size was over USD 27.92 billion in 2023 and is anticipated to reach USD 250.89 billion by 2036, witnessing around 18.4% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by rising implementation of cloud-based services by SMEs and rapid growth of e-commerce industry.

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.

The major players in the market are Oracle Corporation, IBM Corporation, SAP Group, Intel Corporation, AT&T Inc., and others.
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