The digital logistics market is expected to record a 7% CAGR over the forecast period 2021-2027. Growing adoption of advanced technologies in the logistics sector is driving growth. Additionally, these digital solutions help logistics companies reduce the costs they incur. Advances in technology and cloud adoption in the digital market are expected to accelerate the demand for digital logistics solutions. For example, in January 2020, Cargocast launched a new digital cargo platform that leverages RFID technology to enable hands-free visibility and automated warehouse operations. With the recent COVID-19 outbreak, many industries have faced significant supply chain and logistics disruptions due to various government blockades. To meet these essential deliveries, companies are transforming their existing supply chain functions with digital logistics platforms. According to Logistics News, a digital supply chain that uses artificial intelligence and enables digital payments is a solution for emergency situations like the Covid-19 pandemic.
A full report of Digital Logistics Market available at https://www.orionmarketreports.com/digital-logistics-market-market/47044/
Digital Logistics Market: Segmentation
By Type
• Inventory Management
• Warehouse Management System (WMS)
• Fleet Management
• Other Types
By End-user Vertical
• Automotive
• Pharmaceutical / Life Sciences
• Retail
• Food and Beverage
• Oil and Gas
• Other End-user Verticals
Key Players
• Advantech Co., Ltd.
• Hexaware Technologies
• Huawei Technologies Co., Ltd.
• HCL Technologies Limited
• JDA Software Group, Inc.
• Oracle Corporation
• Samsung Electronic Logitech Corporation
• SAP SE
• Star Cooperation GmbH
• Speys Oy
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
