Digitization in Logistics Supply Chain Market - Global Industry Analysis

Digitization in Logistics Supply Chain Market – By Organization Size (SMEs and Large Enterprises), By End-User (Automotive, Manufacturing, IT & Telecom, Healthcare, Oil & Gas, and BFSI), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 21-May-2021 Category: Technology & Media Report Format : PDF Pages: 130 Report Code: ZMR-6304 Status : Published

The global Digitization in Logistics Supply Chain Market, which was estimated at about 11.81 (USD Billion) in 2019 and is predicted to accrue earnings worth 21.82(USD Billion) by 2026, is set to record a CAGR of nearly over 8.1% during 2020-2026.

Description

The global Digitization in Logistics Supply Chain Market, which was estimated at about 11.81 (USD Billion) in 2019 and is predicted to accrue earnings worth 21.82(USD Billion) by 2026, is set to record a CAGR of nearly over 8.1% during 2020-2026. The report offers valuation and analysis of Digitization in Logistics Supply Chain Market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Digitization in Logistics Supply Chain Market: Overview

Digitization has made logistics supply chain activities more agile, customer-centric, and proficient. In addition to this, onset of industry 4.0 revolution is likely to make enterprise supply chain processes more digitized, smart, and connected and hence firms are likely to increase the digitization of their logistics supply chain activities in the near future. Furthermore, digitization of logistics supply chain activities can not only increase the process speed but also result in cost-reduction. Moreover, the move can help the logistics firms as well as other firms in production business to carry the operations to the next technological phase and can assist them in business decision making along with enhancing the operational efficiency of logistics supply chain processes. Digitization will help the organizations in enhancing the sales of their manufactured products through process digitization as it will result in improvement in value chain activities and facilitate just in time delivery of the products.  

Digitization in Logistics Supply Chain Market: Growth Drivers

Thriving e-Commerce industry is projected to make notable contributions towards digitization in logistics supply chain market size in the upcoming years. Apart from this, surge in the production units across the emerging economies will promulgate the expansion of digitization in logistics supply chain industry over the forecast timespan. Moreover, logistics play a key role in supply chain activities as it includes effectively managing & planning of goods & services. Apparently, large-scale demand for effective transport of raw substances from site of procurement to manufacturing base as well as transportation of finished goods to warehouses & retailers or distributers from manufacturing facilities will drive the market demand.

Furthermore, onset of IoT and AI technologies will unravel new growth avenues for digitization in logistics supply chain business in the upcoming years. With spread of COVID-19 pandemic across the globe, the market for digitization in logistics supply chain industry is anticipated to accelerate over the ensuing years. Industry players are investing in automation of logistics supply chain services to improve the accuracy & timeliness of these activities along with proficiently managing the fleet & enhance their profits, thereby enlarging the business scope.

Regional Landscape

Asia Pacific Market To Witness Lucrative Growth Over 2020-2026

The expansion of digitization in logistics supply chain industry in Asia Pacific over the assessment timespan is credited to swift industrialization witnessed in the emerging countries in APAC. Apart from this, influx of large number of multinational firms in the countries such as India and China will substantiate the demand for web and this in turn will generate rise in the digitization of supply chain activities across the region. This, in turn, will drive the regional market growth trends. In addition to this, the need for real-time monitoring of activities as well as effective tracking of the logistics supply chain events during transit has led to enormous market penetration in Asia Pacific in the recent years. Firms in the APAC countries are focusing on reducing negative impact of coronavirus pandemic on logistics & supply chain business in the region and hence are adopting digitization of supply chain & logistics operations, thereby unraveling huge untapped growth potential for the market in the region.

Competitive Landscape

Key players profiled in the study include Oracle Corporation, Accenture, Tata Consulting Services Limited, Advnatech Co. Ltd., Cognizant, SAP SE, Capgemini SE, Hexaware Inc., IBM Corporation, and Wipro Ltd.

The global Digitization in Logistics Supply Chain Market is segmented as follows:

By End-User:

  • Automotive
  • BFSI
  • Manufacturing
  • IT & Telecom
  • Healthcare
  • Oil & Gas

By Organization Size:

  • SMEs
  • Large Enterprises

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Digitization in Logistics Supply Chain Market, 2016–2026 (USD Billion)
    • 2.2. Digitization in Logistics Supply Chain Market: Snapshot
  • Chapter 3. Global Digitization in Logistics Supply Chain Market– Industry Analysis
    • 3.1. Digitization in Logistics Supply Chain Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Thriving e-Commerce industry is projected to make notable contributions towards digitization in logistics supply chain market size in the upcoming years.
      • 3.2.2. Surge in the production units across the emerging economies will promulgate the expansion of digitization in logistics supply chain industry over the forecast timespan.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By End-User
      • 3.4.2. Market attractiveness analysis By Organization Size
  • Chapter 4. Global Digitization in Logistics Supply Chain Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Digitization in Logistics Supply Chain Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Service launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Digitization in Logistics Supply Chain Market– End-User Analysis
    • 5.1. Global Digitization in Logistics Supply Chain Market overview: By End-User
      • 5.1.1. Global Digitization in Logistics Supply Chain Market share, By End-User , 2019 and 2026
    • 5.2. Automotive
      • 5.2.1. Global Digitization in Logistics Supply Chain Market By Automotive, 2016–2026 (USD Billion)
    • 5.3. BFSI
      • 5.3.1. Global Digitization in Logistics Supply Chain Market By BFSI, 2016–2026 (USD Billion)
    • 5.4. Manufacturing
      • 5.4.1. Global Digitization in Logistics Supply Chain Market By Manufacturing, 2016–2026 (USD Billion)
    • 5.5. IT & Telecom
      • 5.5.1. Global Digitization in Logistics Supply Chain Market By IT & Telecom, 2016–2026 (USD Billion)
    • 5.6. Healthcare
      • 5.6.1. Global Digitization in Logistics Supply Chain Market By Healthcare, 2016–2026 (USD Billion)
    • 5.7. Oil & Gas
      • 5.7.1. Global Digitization in Logistics Supply Chain Market By Oil & Gas, 2016–2026 (USD Billion)
  • Chapter 6. Global Digitization in Logistics Supply Chain Market– Organization Size Analysis
    • 6.1. Global Digitization in Logistics Supply Chain Market overview: By Organization Size
      • 6.1.1. Global Digitization in Logistics Supply Chain Market share, By Organization Size, 2019 and 2026
    • 6.2. SMEs
      • 6.2.1. Global Digitization in Logistics Supply Chain Market By SMEs , 2016–2026 (USD Billion)
    • 6.3. Large Enterprises
      • 6.3.1. Global Digitization in Logistics Supply Chain Market By Large Enterprises, 2016–2026 (USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. Oracle Corporation
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Service Portfulio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Accenture
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Service Portfulio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Tata Consulting Services Limited
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Service Portfulio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. Advnatech Co. Ltd.
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Service Portfulio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. Cognizant
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Service Portfulio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. SAP SE
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Service Portfulio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Capgemini SE
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Service Portfulio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. Hexaware Inc.
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Technulogy Portfulio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. IBM Corporation
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Service Portfulio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development
    • 7.10. Wipro Ltd
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Service Portfulio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Development

Methodology


Frequently Asked Questions

Thriving e-Commerce industry is projected to make notable contributions towards digitization in logistics supply chain market size in the upcoming years. Apart from this, surge in the production units across the emerging economies will promulgate the expansion of digitization in logistics supply chain industry over the forecast timespan. Moreover, logistics play a key role in supply chain activities as it includes effectively managing & planning of goods & services. Apparently, large-scale demand for effective transport of raw substances from site of procurement to manufacturing base as well as transportation of finished goods to warehouses & retailers or distributers from manufacturing facilities will drive the market demand.

Furthermore, onset of IoT and AI technologies will unravel new growth avenues for digitization in logistics supply chain business in the upcoming years. With spread of COVID-19 pandemic across the globe, the market for digitization in logistics supply chain industry is anticipated to accelerate over the ensuing years. Industry players are investing in automation of logistics supply chain services to improve the accuracy & timeliness of these activities along with proficiently managing the fleet & enhance their profits, thereby enlarging the business scope.

According to Zion Market Research report, the global Digitization in Logistics Supply Chain Market, which was estimated at about 11.81 (USD Billion) in 2019 and is predicted to accrue earnings worth 21.82(USD Billion) by 2026, is set to record a CAGR of nearly over 8.1% during 2020-2026.    

Asia Pacific is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan is attributed to swift industrialization witnessed in the emerging countries in APAC. Apart from this, influx of large number of multinational firms in the countries such as India and China will substantiate the demand for web and this in turn will generate rise in the digitization of supply chain activities across the region. This, in turn, will drive the regional market growth trends. In addition to this, the need for real-time monitoring of activities as well as effective tracking of the logistics supply chain events during transit has led to enormous market penetration in Asia Pacific in the recent years. Firms in the APAC countries are focusing on reducing negative impact of coronavirus pandemic on logistics & supply chain business in the region and hence are adopting digitization of supply chain & logistics operations, thereby unraveling huge untapped growth potential for the market in the region.

The key players profiled in the report include are Oracle Corporation, Accenture, Tata Consulting Services Limited, Advnatech Co. Ltd., Cognizant, SAP SE, Capgemini SE, Hexaware Inc., IBM Corporation, and Wipro Ltd.

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