Digital Logistics Market by components, Organization Size, Deployment Mode, Industry

List of Tables

[194 Pages Report] The Digital Logistics Market size was estimated at USD 35.38 billion in 2023 and expected to reach USD 41.60 billion in 2024, at a CAGR 18.20% to reach USD 114.10 billion by 2030.

Digital logistics refers to the integration of advanced digital technologies into logistics and supply chain operations to enhance efficiency, visibility, and coordination. It encompasses the use of cloud computing, the Internet of Things (IoT), artificial intelligence (AI), machine learning, big data analytics, and other smart technologies to automate processes, streamline supply chain management, optimize transportation, track inventory in real-time, and improve the overall decision-making process. The expansion of digital logistics is majorly driven by the increasing demand for faster and more reliable delivery services, especially during the e-commerce boom. However, concerns regarding data security and privacy, given the reliance on data-driven systems, impact the reliability of digital logistics systems. Organizations are pursuing phased technology adoption strategies to manage costs, invest in robust cybersecurity measures, and conduct workforce upskilling programs to address the restraints. The adoption of blockchain is anticipated to offer enhanced security and transparency in transactions and processes. Autonomous vehicles and drones are expected to revolutionize last-mile deliveries, increasing efficiency and reducing human dependency. Additionally, the implementation of 5G networks promises to support real-time data transmission and advanced IoT applications, taking supply chain coordination and responsiveness to new heights.

KEY MARKET STATISTICS
Base Year [2023]	USD 35.38 billion
Estimated Year [2024]	USD 41.60 billion
Forecast Year [2030]	USD 114.10 billion
CAGR (%)	18.20%

Components: Exponential adoption of solutions integrated with AI & ML to enable effective logistics management

Services in the digital logistics sphere encompass a wide array of offerings, including consulting, management, and maintenance services. These services aim to optimize logistics operations through digital transformation, leveraging the expertise of seasoned professionals. Logistics firms may prefer services when seeking specific expertise to streamline operations, implement new technologies, or navigate complex regulatory environments. Services are particularly valuable for businesses undergoing significant transitions or looking to outsource certain logistical functions. Solutions in the digital logistics market refer to software and platforms that automate and manage logistics operations. These solutions cover a broad spectrum of applications, from warehouse management systems (WMS) to transport management systems (TMS) and fleet management solutions. Businesses may opt for digital logistics solutions when looking to digitize and automatize their operations comprehensively. Solutions are ideal for boosting efficiency, reducing errors, and enhancing real-time visibility across the supply chain.

Industry: Need for effective digital logistics in automotive and aerospace industries

The aerospace & defense and automotive sector demands robust and secure digital logistics solutions to manage complex supply chains, ensure regulatory compliance, and optimize maintenance operations. In BFSI, digital logistics primarily pertains to the secure and swift handling of documents and transactions. Efficient material tracking, equipment management, and project timelines are critical in the construction, energy, and manufacturing industries, encouraging the use of digital logistics. Focus areas of the consumer goods industry include e-commerce fulfillment, inventory optimization, and customer delivery experiences. Digital logistics in education revolves around the distribution of resources and virtual learning environments. Companies like Pearson are innovating with digital platforms to streamline educational content delivery and access. Digital logistics aids in public welfare distribution, document management, and infrastructure maintenance. The focus of using digital logistics in healthcare is on managing the supply chain for pharmaceuticals, medical devices, and PPE kits with an emphasis on regulatory compliance. IT companies leverage digital logistics for hardware distribution, software deployment, and cloud services.

Regional Insights

In the Americas, particularly North America, there is a high adoption rate of digital logistics technology, driven by the presence of major players and technology firms that invest heavily in innovation and digitalization. The market is mature, with companies leveraging advanced technologies such as AI, robotics, and the Internet of Things to optimize supply chains and reduce operational costs. APAC is experiencing rapid growth and is expected to witness significant expansion in the digital logistics market, propelled by the increasing digitalization of economies, particularly in China, India, and Southeast Asia. Production in this region is bolstered by large-scale manufacturing bases and the adoption of digital logistics to improve efficiency and connect with international markets. Europe leads within the region in terms of technology usage due to its advanced infrastructure, strict regulations regarding carbon emissions, and the need for efficient cross-border logistics operations. The Middle Eastern nations, due to their strategic location, are investing in digital logistics to become logistics hubs between East and West.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Digital Logistics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Digital Logistics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Digital Logistics Market, highlighting leading vendors and their innovative profiles. These include Accenture, Inc., Advantech Co., Ltd, Alpega Group, AWL India Private Limited, Blue Yonder by Panasonic Holdings Corporation, Bristlecone Inc., Cognizant Technology Solutions Corporation, Delhivery Limited, Detrack Systems Pte. Ltd., DigiLogistics Technology Limited, DiLX by Gateway Group Company, HCL Technologies Limited, Hexaware Technologies, Huawei Technologies Co., Ltd., Intel Corporation, International Business Machines Corporation, JDA Software Group, Inc., Microsoft Corporation, Oracle Corporation, Robert Bosch GmbH, Samsung SDS Co., Ltd., SAP SE, Siemens AG, SinoServices International Technologies Co., Ltd., Tech Mahindra Limited, and TheGreenFlux.

Market Segmentation & Coverage

This research report categorizes the Digital Logistics Market to forecast the revenues and analyze trends in each of the following sub-markets:

components
- Services
  - Deployment & Integration Services
  - Planning & Consulting Services
  - Support & Maintenance

Solution
- Asset Management
- Data Management & Analytics
- Network Management
- Security
- Warehouse Management

Organization Size
- Large Enterprises
- Small & Medium Enterprises

Deployment Mode
- Cloud
- On-premises

Industry
- Aerospace & Defense
- Automotive & Transportation
- Banking, Financial Services & Insurance
- Building, Construction & Real Estate
- Consumer Goods & Retail
- Education
- Energy & Utilities
- Government & Public Sector
- Healthcare & Life Sciences
- Information Technology
- Manufacturing
- Media & Entertainment
- Telecommunication
- Travel & Hospitality

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Digital Logistics Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Digital Logistics Market?

3. What are the technology trends and regulatory frameworks in the Digital Logistics Market?

4. What is the market share of the leading vendors in the Digital Logistics Market?

5. Which modes and strategic moves are suitable for entering the Digital Logistics Market?

Product Code: MRR-43422F546DAC

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Global upsurge in e-commerce and online retail activities
  - 5.1.1.2. Rising incidence of cross-border trade of high-value items
  - 5.1.1.3. Government initiatives promoting digitalization in logistics
- 5.1.2. Restraints
  - 5.1.2.1. Technical limitations of integrating digital logistics
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements in digital logistics technologies with new smart features
  - 5.1.3.2. Emerging push toward sustainability in logistics
- 5.1.4. Challenges
  - 5.1.4.1. Concerns associated with data privacy and security
5.2. Market Segmentation Analysis
- 5.2.1. Components: Exponential adoption of solutions integrated with AI & ML to enable effective logistics management
- 5.2.2. Industry: Need for effective digital logistics in automotive and aerospace industries
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Digital Logistics Market, by components

6.1. Introduction
6.2. Services
6.3. Solution

7. Digital Logistics Market, by Organization Size

7.1. Introduction
7.2. Large Enterprises
7.3. Small & Medium Enterprises

8. Digital Logistics Market, by Deployment Mode

8.1. Introduction
8.2. Cloud
8.3. On-premises

9. Digital Logistics Market, by Industry

9.1. Introduction
9.2. Aerospace & Defense
9.3. Automotive & Transportation
9.4. Banking, Financial Services & Insurance
9.5. Building, Construction & Real Estate
9.6. Consumer Goods & Retail
9.7. Education
9.8. Energy & Utilities
9.9. Government & Public Sector
9.10. Healthcare & Life Sciences
9.11. Information Technology
9.12. Manufacturing
9.13. Media & Entertainment
9.14. Telecommunication
9.15. Travel & Hospitality

10. Americas Digital Logistics Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Digital Logistics Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Digital Logistics Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. ITS Logistics invests in technology infrastructure, launches AI for container tracking
- 13.3.2. Bosch Launches L.OS Logistics Platform For Europe, India & US
- 13.3.3. Suttons and LogChain begin a digital partnership to improve global logistics
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio