Market Overview:
The global digital transformation spending in logistics market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into hardware, software, and services. The hardware segment is expected to hold a major share in the global digital transformation spending in logistics market during the forecast period owing to rising demand for advanced technologies such as Internet of Things (IoT) and big data analytics among logistic companies. On the basis of application, 3PL dominates the global digital transformation spending in logistics market with a share of more than 50%. This can be attributed to increasing adoption rate for third-party logistics by small and medium enterprises (SMEs) across different regions worldwide.
Product Definition:
Digital transformation spending in logistics is the investment of money by companies into digital technologies and solutions with the goal of improving or transforming their logistics operations. This can include investments in things like cloud-based software, mobile apps, big data analytics, and warehouse automation. The importance of digital transformation spending in logistics lies in its ability to help companies improve efficiency, productivity, and competitiveness.
Hardware:
Hardware is the tangible assets that are built to perform a specific function or set of functions. It can be in the form of electronic devices, such as computers, laptops, servers and networking equipment. Hardware includes storage devices (such as drives), telecom products (such as modems and routers), consumer electronics products (such as printers & scanners) and IT products/components such as monitors & desktops.
Software:
Software is the core of digital transformation. It helps organizations in improving their operational efficiency and enhances customer experience. The software solutions help in streamlining business operations, thereby enabling companies to focus on revenue generation and enhancing customer experience management.
Application Insights:
The adoption of the 4th generation (4G) network is increasing across the globe owing to its capability to provide higher data transfer speed. The introduction of IoT and cloud computing has revolutionized various processes within supply chain, manufacturing as well as transportation & logistics industry. The integration of Artificial Intelligence (AI), machine learning and predictive analytics with these technologies is expected to enhance customer experience, improve operational efficiency while reducing costs in the long term. These trends are anticipated to drive demand for digital transformation over the forecast period.
The implementation of big data analytics enables companies in digitizing their operations by gathering information from different sources such as sales transactions, product movements etc.
Regional Analysis:
The North American region dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of a large number of prominent players, early adoption of technologies, and high spending capacity. Moreover, companies such as IBM Corporation; DXC Technology Company; and 3M are based in this region.
However, Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to increasing investments by various governments for implementation of advanced technologies across all industries. Furthermore, growing e-commerce industry is also contributing significantly towards regional growth. Companies such as Alibaba Group Holding Ltd.; Amazon Web Services Inc.; Hewlett Packard Enterprise Development LP; and DXC Technology Company are based in this region which has contributed significantly towards its rapid development over last few years).
Growth Factors:
- Increased demand for faster and more efficient delivery of goods
- Rising popularity of e-commerce and the need for faster, more reliable fulfillment
- The growth of the sharing economy and the need for better coordination between supply and demand chains
- The increasing use of data analytics to improve decision making throughout the logistics process
- The growing importance of sustainability in supply chains
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Transformation Spending in Logistics Market Research Report
By Type
Hardware, Software, Services
By Application
3PL, Warehouse
By Companies
Hexaware Technologies, IBM, JDA Software WMS, Logitech, XPO Logistics, Mindtree, Oracle, Samsung, SAP, Sanco Software, Syntel, Tech Mahindra
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Digital Transformation Spending in Logistics Market Report Segments:
The global Digital Transformation Spending in Logistics market is segmented on the basis of:
Types
Hardware, Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
3PL, Warehouse
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hexaware Technologies
- IBM
- JDA Software WMS
- Logitech
- XPO Logistics
- Mindtree
- Oracle
- Samsung
- SAP
- Sanco Software
- Syntel
- Tech Mahindra
Highlights of The Digital Transformation Spending in Logistics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Services
- By Application:
- 3PL
- Warehouse
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Transformation Spending in Logistics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital transformation spending in logistics refers to the amount of money organizations are investing in technology and digital capabilities to improve their operations. This includes everything from upgrading software to implementing new delivery methods, such as e-commerce or automated shipping.
Some of the key players operating in the digital transformation spending in logistics market are Hexaware Technologies, IBM, JDA Software WMS, Logitech, XPO Logistics, Mindtree, Oracle, Samsung, SAP, Sanco Software, Syntel, Tech Mahindra.
The digital transformation spending in logistics market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Transformation Spending in Logistics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Transformation Spending in Logistics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Transformation Spending in Logistics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Transformation Spending in Logistics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Transformation Spending in Logistics Market Size & Forecast, 2020-2028
4.5.1 Digital Transformation Spending in Logistics Market Size and Y-o-Y Growth
4.5.2 Digital Transformation Spending in Logistics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 3PL
6.2.2 Warehouse
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Transformation Spending in Logistics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Transformation Spending in Logistics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 3PL
9.10.2 Warehouse
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 3PL
10.10.2 Warehouse
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 3PL
11.10.2 Warehouse
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 3PL
12.10.2 Warehouse
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 3PL
13.10.2 Warehouse
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Transformation Spending in Logistics Market: Competitive Dashboard
14.2 Global Digital Transformation Spending in Logistics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hexaware Technologies
14.3.2 IBM
14.3.3 JDA Software WMS
14.3.4 Logitech
14.3.5 XPO Logistics
14.3.6 Mindtree
14.3.7 Oracle
14.3.8 Samsung
14.3.9 SAP
14.3.10 Sanco Software
14.3.11 Syntel
14.3.12 Tech Mahindra
