Market Overview:
The global IT Spending In Cold Chain Logistics market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The hardware segment is expected to account for the largest share of the global market in 2018, followed by software and services. The food and beverages segment is expected to occupy more share in the future owing to increasing demand for cold chain logistics from this sector. North America is estimated to be the largest regional market for IT Spending In Cold Chain Logistics in 2018, followed by Europe and Asia Pacific.
Product Definition:
Information technology (IT) spending in cold chain logistics is the amount of money spent by a company on information technology-related products and services to manage and operate its cold chain logistics operations. IT spending in cold chain logistics is important because it allows companies to better manage their inventory, track shipments, and improve communication among employees.
Hardware:
Hardware is the part of technology that enables communication and cooperation between machines. Hardware components are used in almost all areas of logistics such as transportation, warehousing & distribution, supply chain management and e-commerce among others. The growth factor for hardware is its ability to provide solutions to complex problems with a specific format that can be easily followed by software solutions.
Software:
Software is the Solution, Service or Tool? Software is the solution, service or tool used in Information Technology (IT) spending in cold chain logistics to improve operational efficiency and reduce costs. The software helps manage inventory efficiently using barcode scanning technology and other features. It also provides information on storage conditions of frozen food products such as meat, fish & dairy items through electronic documents management system.
The demand for software solutions like these has increased over the past few years owing to technological advancements.
Application Insights:
The pharma and healthcare segment is expected to witness the fastest growth over the forecast period. The pharma and healthcare industry has been witnessing significant growth due to increasing demand for medicines across the globe. This industry requires a high level of logistics, as they are highly dependent on accurate distribution of drugs at the right time. Thus, this sector is expected to drive market growth in near future.
The food and beverage segment occupied more than 40% share in 2017 owing to rising demand for packaged food products across various regions including North America and Europe.
Regional Analysis:
North America is expected to be the fastest-growing region, with a CAGR of XX% over the forecast period. The growth can be attributed to various factors such as increasing healthcare spending and government initiatives in pharmaceutical logistics. Furthermore, an increase in R&D activities for new product development will drive the market further.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to several macro-economic factors such as growing population and rising demand for food products across emerging economies including China.
Growth Factors:
- Increasing demand for food products due to changing demographics and rising income levels in emerging countries
- Proliferation of new food products and variants requiring cold chain logistics for storage and distribution
- Increased focus on food safety by governments and consumers alike
- Rapid expansion of e-commerce in the retail sector, especially for perishables
- Advances in technology that improve the efficiency and cost-effectiveness of cold chain logistics
Scope Of The Report
Report Attributes
Report Details
Report Title
IT Spending In Cold Chain Logisitics Market Research Report
By Type
Hardware, Software, Services, On the basis of type, the IT Spending In Cold Chain Logistics market is segmented into Hardware, Software and Others. Hardware is expected to account for the largest share of the global market, About 78.5% in 2018., IT Spending In Cold Chain Logisitic
By Application
Pharma & Healthcare, Food and Beverages, The IT Spending In Cold Chain Logistics is most used in the field of food and beverage, accounting for the total market share of legal person 53.65% in 2018. The Food and Beverages will occupy more share in the future.
By Companies
Accenture, AT&T, SAP, IBM, Infosys, Siemens, TCS, Tech Mahindra, Emerson, Gemalto, Testo, Telit, ORBCOMM, Vitria, Rotronic, Sensitech, IT Spending In Cold Chain Logisitic
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global IT Spending In Cold Chain Logisitics Market Report Segments:
The global IT Spending In Cold Chain Logisitics market is segmented on the basis of:
Types
Hardware, Software, Services, On the basis of type, the IT Spending In Cold Chain Logistics market is segmented into Hardware, Software and Others. Hardware is expected to account for the largest share of the global market, About 78.5% in 2018., IT Spending In Cold Chain Logisitic
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
Pharma & Healthcare, Food and Beverages, The IT Spending In Cold Chain Logistics is most used in the field of food and beverage, accounting for the total market share of legal person 53.65% in 2018. The Food and Beverages will occupy more share in the future.
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:
- Accenture
- AT&T
- SAP
- IBM
- Infosys
- Siemens
- TCS
- Tech Mahindra
- Emerson
- Gemalto
- Testo
- Telit
- ORBCOMM
- Vitria
- Rotronic
- Sensitech
- IT Spending In Cold Chain Logisitic
Highlights of The IT Spending In Cold Chain Logisitics 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
- On the basis of type, the IT Spending In Cold Chain Logistics market is segmented into Hardware, Software and Others. Hardware is expected to account for the largest share of the global market, About 78.5% in 2018.
- IT Spending In Cold Chain Logisitic
- By Application:
- Pharma & Healthcare
- Food and Beverages
- The IT Spending In Cold Chain Logistics is most used in the field of food and beverage, accounting for the total market share of legal person 53.65% in 2018. The Food and Beverages will occupy more share in the future.
- 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 IT Spending In Cold Chain Logisitics 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?
IT spending in cold chain logistics refers to the costs associated with implementing and maintaining a cold chain infrastructure. This includes everything from purchasing and installing temperature-controlled storage facilities to hiring skilled personnel to manage the system.
Some of the major players in the it spending in cold chain logisitics market are Accenture, AT&T, SAP, IBM, Infosys, Siemens, TCS, Tech Mahindra, Emerson, Gemalto, Testo, Telit, ORBCOMM, Vitria, Rotronic, Sensitech, IT Spending In Cold Chain Logisitic.
The it spending in cold chain logisitics market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IT Spending In Cold Chain Logisitics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. IT Spending In Cold Chain Logisitics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IT Spending In Cold Chain Logisitics Market - Supply Chain
4.5. Global IT Spending In Cold Chain Logisitics Market Forecast
4.5.1. IT Spending In Cold Chain Logisitics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IT Spending In Cold Chain Logisitics Market Size (000 Units) and Y-o-Y Growth
4.5.3. IT Spending In Cold Chain Logisitics Market Absolute $ Opportunity
5. Global IT Spending In Cold Chain Logisitics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Type
5.3.1. Hardware
5.3.2. Software
5.3.3. Services
5.3.4. On the basis of type, the IT Spending In Cold Chain Logistics market is segmented into Hardware, Software and Others. Hardware is expected to account for the largest share of the global market, About 78.5% in 2018.
5.3.5. IT Spending In Cold Chain Logisitic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IT Spending In Cold Chain Logisitics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Application
6.3.1. Pharma & Healthcare
6.3.2. Food and Beverages
6.3.3. The IT Spending In Cold Chain Logistics is most used in the field of food and beverage, accounting for the total market share of legal person 53.65% in 2018. The Food and Beverages will occupy more share in the future.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IT Spending In Cold Chain Logisitics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global IT Spending In Cold Chain Logisitics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global IT Spending In Cold Chain Logisitics Demand Share Forecast, 2019-2026
9. North America IT Spending In Cold Chain Logisitics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Application
9.4.1. Pharma & Healthcare
9.4.2. Food and Beverages
9.4.3. The IT Spending In Cold Chain Logistics is most used in the field of food and beverage, accounting for the total market share of legal person 53.65% in 2018. The Food and Beverages will occupy more share in the future.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Type
9.7.1. Hardware
9.7.2. Software
9.7.3. Services
9.7.4. On the basis of type, the IT Spending In Cold Chain Logistics market is segmented into Hardware, Software and Others. Hardware is expected to account for the largest share of the global market, About 78.5% in 2018.
9.7.5. IT Spending In Cold Chain Logisitic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America IT Spending In Cold Chain Logisitics Demand Share Forecast, 2019-2026
10. Latin America IT Spending In Cold Chain Logisitics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Application
10.4.1. Pharma & Healthcare
10.4.2. Food and Beverages
10.4.3. The IT Spending In Cold Chain Logistics is most used in the field of food and beverage, accounting for the total market share of legal person 53.65% in 2018. The Food and Beverages will occupy more share in the future.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Type
10.7.1. Hardware
10.7.2. Software
10.7.3. Services
10.7.4. On the basis of type, the IT Spending In Cold Chain Logistics market is segmented into Hardware, Software and Others. Hardware is expected to account for the largest share of the global market, About 78.5% in 2018.
10.7.5. IT Spending In Cold Chain Logisitic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America IT Spending In Cold Chain Logisitics Demand Share Forecast, 2019-2026
11. Europe IT Spending In Cold Chain Logisitics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Application
11.4.1. Pharma & Healthcare
11.4.2. Food and Beverages
11.4.3. The IT Spending In Cold Chain Logistics is most used in the field of food and beverage, accounting for the total market share of legal person 53.65% in 2018. The Food and Beverages will occupy more share in the future.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Type
11.7.1. Hardware
11.7.2. Software
11.7.3. Services
11.7.4. On the basis of type, the IT Spending In Cold Chain Logistics market is segmented into Hardware, Software and Others. Hardware is expected to account for the largest share of the global market, About 78.5% in 2018.
11.7.5. IT Spending In Cold Chain Logisitic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe IT Spending In Cold Chain Logisitics Demand Share, 2019-2026
12. Asia Pacific IT Spending In Cold Chain Logisitics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Application
12.4.1. Pharma & Healthcare
12.4.2. Food and Beverages
12.4.3. The IT Spending In Cold Chain Logistics is most used in the field of food and beverage, accounting for the total market share of legal person 53.65% in 2018. The Food and Beverages will occupy more share in the future.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Type
12.7.1. Hardware
12.7.2. Software
12.7.3. Services
12.7.4. On the basis of type, the IT Spending In Cold Chain Logistics market is segmented into Hardware, Software and Others. Hardware is expected to account for the largest share of the global market, About 78.5% in 2018.
12.7.5. IT Spending In Cold Chain Logisitic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific IT Spending In Cold Chain Logisitics Demand Share, 2019-2026
13. Middle East & Africa IT Spending In Cold Chain Logisitics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa IT Spending In Cold Chain Logisitics Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Application
13.4.1. Pharma & Healthcare
13.4.2. Food and Beverages
13.4.3. The IT Spending In Cold Chain Logistics is most used in the field of food and beverage, accounting for the total market share of legal person 53.65% in 2018. The Food and Beverages will occupy more share in the future.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IT Spending In Cold Chain Logisitics Market Size and Volume Forecast by Type
13.7.1. Hardware
13.7.2. Software
13.7.3. Services
13.7.4. On the basis of type, the IT Spending In Cold Chain Logistics market is segmented into Hardware, Software and Others. Hardware is expected to account for the largest share of the global market, About 78.5% in 2018.
13.7.5. IT Spending In Cold Chain Logisitic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa IT Spending In Cold Chain Logisitics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IT Spending In Cold Chain Logisitics Market: Market Share Analysis
14.2. IT Spending In Cold Chain Logisitics Distributors and Customers
14.3. IT Spending In Cold Chain Logisitics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Accenture
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AT&T
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SAP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. IBM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Infosys
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TCS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tech Mahindra
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Emerson
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gemalto
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Testo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook