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Digital Logistics Market Trends

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

Digital Logistics Market Trends

Growth Drivers

  • Rising Implementation of Cloud Based Services by SMEs
  • Rapid Growth of E-Commerce Industry

Challenges

  • High Capital Investment Needed for Adopting Digital Logistics

Digital Logistics Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

18.4%

Base Year Market Size (2023)

USD 27.92 billion

Forecast Year Market Size (2036)

USD 250.89 billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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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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