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Digital Transformation Spending in Logistics-Global Market Insights and Sales Trends 2024
Synopsis
Logistics companies spend on digital transformation to increase efficiency, optimization, and speed and timing of logistic services, thereby increasing customer satisfaction and revenue. Among a range of rapid technological evolutions and in an increasingly digital environment where digital transformations are affecting the industry, most of the CEOs of transport & logistics companies appreciate digital solutions (to engage with customers, and optimize production and operations) as major areas of investment.
The global Digital Transformation Spending in Logistics market size is expected to reach US$ 37370 million by 2029, growing at a CAGR of 5.9% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Transformation Spending in Logistics in various end use industries. The expanding demands from the 3PL and Warehouse, are propelling Digital Transformation Spending in Logistics market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
In terms of region, North America is projected to lead the global digital transformation spending in logistics market during the forecast period. Digital transformation requires active and flexible IT support, which is available in the majority of the companies in the region. North America dominates the global digital transformation spending in logistics market primarily due to increase in adoption of logistics solutions. The digital transformation spending in logistics market in Asia Pacific is anticipated to grow at a rapid pace due to increasing digitization and rising use of Internet. Furthermore, the market in Europe, the Middle East & Africa, and South America is expected to witness strong growth during the forecast period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Transformation Spending in Logistics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Transformation Spending in Logistics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Transformation Spending in Logistics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Transformation Spending in Logistics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Transformation Spending in Logistics covered in this report include Hexaware Technologies, IBM, JDA Software WMS, Logitech, XPO Logistics, Mindtree, Oracle, Samsung and SAP, etc.
The global Digital Transformation Spending in Logistics market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hexaware Technologies
IBM
JDA Software WMS
Logitech
XPO Logistics
Mindtree
Oracle
Samsung
SAP
Sanco Software
Syntel
Tech Mahindra
Global Digital Transformation Spending in Logistics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Transformation Spending in Logistics market, Segment by Type:
Hardware
Software
Services
Global Digital Transformation Spending in Logistics market, by Application
3PL
Warehouse
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Digital Transformation Spending in Logistics companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Logistics companies spend on digital transformation to increase efficiency, optimization, and speed and timing of logistic services, thereby increasing customer satisfaction and revenue. Among a range of rapid technological evolutions and in an increasingly digital environment where digital transformations are affecting the industry, most of the CEOs of transport & logistics companies appreciate digital solutions (to engage with customers, and optimize production and operations) as major areas of investment.
The global Digital Transformation Spending in Logistics market size is expected to reach US$ 37370 million by 2029, growing at a CAGR of 5.9% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Transformation Spending in Logistics in various end use industries. The expanding demands from the 3PL and Warehouse, are propelling Digital Transformation Spending in Logistics market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
In terms of region, North America is projected to lead the global digital transformation spending in logistics market during the forecast period. Digital transformation requires active and flexible IT support, which is available in the majority of the companies in the region. North America dominates the global digital transformation spending in logistics market primarily due to increase in adoption of logistics solutions. The digital transformation spending in logistics market in Asia Pacific is anticipated to grow at a rapid pace due to increasing digitization and rising use of Internet. Furthermore, the market in Europe, the Middle East & Africa, and South America is expected to witness strong growth during the forecast period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Transformation Spending in Logistics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Transformation Spending in Logistics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Transformation Spending in Logistics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Transformation Spending in Logistics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Transformation Spending in Logistics covered in this report include Hexaware Technologies, IBM, JDA Software WMS, Logitech, XPO Logistics, Mindtree, Oracle, Samsung and SAP, etc.
The global Digital Transformation Spending in Logistics market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hexaware Technologies
IBM
JDA Software WMS
Logitech
XPO Logistics
Mindtree
Oracle
Samsung
SAP
Sanco Software
Syntel
Tech Mahindra
Global Digital Transformation Spending in Logistics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Transformation Spending in Logistics market, Segment by Type:
Hardware
Software
Services
Global Digital Transformation Spending in Logistics market, by Application
3PL
Warehouse
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Digital Transformation Spending in Logistics companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Digital Transformation Spending in Logistics
1.1 Digital Transformation Spending in Logistics Market Overview
1.1.1 Digital Transformation Spending in Logistics Product Scope
1.1.2 Digital Transformation Spending in Logistics Market Status and Outlook
1.2 Global Digital Transformation Spending in Logistics Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Digital Transformation Spending in Logistics Market Size by Region (2018-2029)
1.4 Global Digital Transformation Spending in Logistics Historic Market Size by Region (2018-2023)
1.5 Global Digital Transformation Spending in Logistics Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Digital Transformation Spending in Logistics Market Size (2018-2029)
1.6.1 North America Digital Transformation Spending in Logistics Market Size (2018-2029)
1.6.2 Europe Digital Transformation Spending in Logistics Market Size (2018-2029)
1.6.3 Asia-Pacific Digital Transformation Spending in Logistics Market Size (2018-2029)
1.6.4 Latin America Digital Transformation Spending in Logistics Market Size (2018-2029)
1.6.5 Middle East & Africa Digital Transformation Spending in Logistics Market Size (2018-2029)
2 Digital Transformation Spending in Logistics Market by Type
2.1 Introduction
2.1.1 Hardware
2.1.2 Software
2.1.3 Services
2.2 Global Digital Transformation Spending in Logistics Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Digital Transformation Spending in Logistics Historic Market Size by Type (2018-2023)
2.2.2 Global Digital Transformation Spending in Logistics Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Digital Transformation Spending in Logistics Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Digital Transformation Spending in Logistics Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Digital Transformation Spending in Logistics Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Digital Transformation Spending in Logistics Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Digital Transformation Spending in Logistics Revenue Breakdown by Type (2018-2029)
3 Digital Transformation Spending in Logistics Market Overview by Application
3.1 Introduction
3.1.1 3PL
3.1.2 Warehouse
3.2 Global Digital Transformation Spending in Logistics Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Digital Transformation Spending in Logistics Historic Market Size by Application (2018-2023)
3.2.2 Global Digital Transformation Spending in Logistics Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Digital Transformation Spending in Logistics Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Digital Transformation Spending in Logistics Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Digital Transformation Spending in Logistics Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Digital Transformation Spending in Logistics Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Digital Transformation Spending in Logistics Revenue Breakdown by Application (2018-2029)
4 Digital Transformation Spending in Logistics Competition Analysis by Players
4.1 Global Digital Transformation Spending in Logistics Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Digital Transformation Spending in Logistics as of 2022)
4.3 Date of Key Players Enter into Digital Transformation Spending in Logistics Market
4.4 Global Top Players Digital Transformation Spending in Logistics Headquarters and Area Served
4.5 Key Players Digital Transformation Spending in Logistics Product Solution and Service
4.6 Competitive Status
4.6.1 Digital Transformation Spending in Logistics Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Hexaware Technologies
5.1.1 Hexaware Technologies Profile
5.1.2 Hexaware Technologies Main Business
5.1.3 Hexaware Technologies Digital Transformation Spending in Logistics Products, Services and Solutions
5.1.4 Hexaware Technologies Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.1.5 Hexaware Technologies Recent Developments
5.2 IBM
5.2.1 IBM Profile
5.2.2 IBM Main Business
5.2.3 IBM Digital Transformation Spending in Logistics Products, Services and Solutions
5.2.4 IBM Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.2.5 IBM Recent Developments
5.3 JDA Software WMS
5.3.1 JDA Software WMS Profile
5.3.2 JDA Software WMS Main Business
5.3.3 JDA Software WMS Digital Transformation Spending in Logistics Products, Services and Solutions
5.3.4 JDA Software WMS Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.3.5 Logitech Recent Developments
5.4 Logitech
5.4.1 Logitech Profile
5.4.2 Logitech Main Business
5.4.3 Logitech Digital Transformation Spending in Logistics Products, Services and Solutions
5.4.4 Logitech Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.4.5 Logitech Recent Developments
5.5 XPO Logistics
5.5.1 XPO Logistics Profile
5.5.2 XPO Logistics Main Business
5.5.3 XPO Logistics Digital Transformation Spending in Logistics Products, Services and Solutions
5.5.4 XPO Logistics Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.5.5 XPO Logistics Recent Developments
5.6 Mindtree
5.6.1 Mindtree Profile
5.6.2 Mindtree Main Business
5.6.3 Mindtree Digital Transformation Spending in Logistics Products, Services and Solutions
5.6.4 Mindtree Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.6.5 Mindtree Recent Developments
5.7 Oracle
5.7.1 Oracle Profile
5.7.2 Oracle Main Business
5.7.3 Oracle Digital Transformation Spending in Logistics Products, Services and Solutions
5.7.4 Oracle Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.7.5 Oracle Recent Developments
5.8 Samsung
5.8.1 Samsung Profile
5.8.2 Samsung Main Business
5.8.3 Samsung Digital Transformation Spending in Logistics Products, Services and Solutions
5.8.4 Samsung Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.8.5 Samsung Recent Developments
5.9 SAP
5.9.1 SAP Profile
5.9.2 SAP Main Business
5.9.3 SAP Digital Transformation Spending in Logistics Products, Services and Solutions
5.9.4 SAP Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.9.5 SAP Recent Developments
5.10 Sanco Software
5.10.1 Sanco Software Profile
5.10.2 Sanco Software Main Business
5.10.3 Sanco Software Digital Transformation Spending in Logistics Products, Services and Solutions
5.10.4 Sanco Software Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.10.5 Sanco Software Recent Developments
5.11 Syntel
5.11.1 Syntel Profile
5.11.2 Syntel Main Business
5.11.3 Syntel Digital Transformation Spending in Logistics Products, Services and Solutions
5.11.4 Syntel Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.11.5 Syntel Recent Developments
5.12 Tech Mahindra
5.12.1 Tech Mahindra Profile
5.12.2 Tech Mahindra Main Business
5.12.3 Tech Mahindra Digital Transformation Spending in Logistics Products, Services and Solutions
5.12.4 Tech Mahindra Digital Transformation Spending in Logistics Revenue (US$ Million) & (2018-2023)
5.12.5 Tech Mahindra Recent Developments
6 North America
6.1 North America Digital Transformation Spending in Logistics Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Digital Transformation Spending in Logistics Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Digital Transformation Spending in Logistics Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Digital Transformation Spending in Logistics Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Digital Transformation Spending in Logistics Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Digital Transformation Spending in Logistics Market Dynamics
11.1 Digital Transformation Spending in Logistics Industry Trends
11.2 Digital Transformation Spending in Logistics Market Drivers
11.3 Digital Transformation Spending in Logistics Market Challenges
11.4 Digital Transformation Spending in Logistics Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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