Generative AI in Logistics Market - Top Companies and Manufacturers

  • Report ID: 6478
  • Published Date: Sep 26, 2024
  • Report Format: PDF, PPT

Companies Dominating the Generative AI in Logistics Landscape

    With generative AI in logistics market shares of more than 15%, Google Cloud and IBM are the leaders in the generative AI space in the logistics sector. TensorFlow and AutoML, two of Google Cloud's AI and ML tools, enable logistics firms to create complex generative AI models. Because of the flexibility and agility of its cloud architecture, real-time data processing and analysis for logistics optimization is made possible. Logistics organizations benefit from Google's proficiency in data analytics and AI-driven insights, which enhance supply-chain visibility, demand forecasting, and route optimization.

    With products like Watson AI and IBM Cloud Pak for Data, IBM offers cutting-edge generative AI capabilities specifically designed for the logistics sector. Predictive analytics, anomaly detection, and intelligent decision-making in logistics processes are made possible by its AI-driven solutions. Low latency and data protection are ensured by IBM's expertise in edge computing and hybrid cloud, which makes AI adoption across distributed logistics networks easier.

    Here are some leading players in the generative AI in logistics market

    • IBM
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Deutsche Post AG
    • Google Cloud
    • Microsoft Corp.
    • UPS (United Parcel Services) Major
    • Schneider Electric
    • C.H. Robinson
    • XPO Logistics
    • FedEx Corp
    • A.P. Moller - Maersk AS

Browse Key Market Insights with Data Illustration:

In the News

  • In June 2024, Microsoft Corp. and Hitachi Ltd. announced a multibillion-dollar partnership expected to take place over the next three years and accelerate social innovation through generative AI. With a projected revenue of 18.9 billion USD in FY2024, Hitachi will drive the expansion of the Lumada business through this strategic agreement. It will also encourage operational efficiency and productivity improvements for the 270,000 employees of the Hitachi Group.
  • In September 2024, IBM stated that it has increased the scope of its consulting services and solutions to assist customers in getting more out of Oracle's cloud apps and technology and extending generative AI through an open, coordinated approach. According to recent data from the IBM Institute for Business Value, the average cost of compute consumption is predicted to climb by 89% between 2023 and 2025.

Author Credits:  Abhishek Verma


  • Report ID: 6478
  • Published Date: Sep 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The generative AI in logistics market size was USD 1.5 billion in 2024.

The global generative AI in logistics market size was US 1.5 billion in 2024 and is likely to reach USD 37 billion by the end of 2037, expanding at a CAGR of 33.5% over the forecast period, i.e., 2025-2037.

Deutsche Post AG, Google Cloud, Microsoft Corp., UPS (United Parcel Services) Major, Schneider Electric, C.H. Robinson, XPO Logistics, FedEx Corp, and A.P. Moller-Maersk AS are some key players in the market.

The solution segment is expected to hold a leading share during the forecast period.

North America is projected to offer lucrative prospects with a share of 44.9% in 2025.
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