The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The e-commerce industry’s exponential growth is expected to drive innovation in digital logistics manufacturing, driving the market during the forecast period.

The global digital logistics market is expected to grow from $17.28 billion in 2022 to $20.44 billion in 2023 at a compound annual growth rate (CAGR) of 18.3%. The digital logistics market size is expected to grow to $39.00 billion in 2027 at a CAGR of 17.5%.

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Global Digital Logistics Market Segments Include:

• By System: Tracking And Monitoring Systems, Information Integrated Systems, Electronic Data Interchange Systems, Database Management Systems, Fleet Management Systems, Order Management Systems
• By Component: Solution, Services
• By Deployment Mode: Cloud, On-Premises
• By End-User Industry: Government, Aerospace, Defence, Automotive, Oil And Gas, Retail, Manufacturing, Healthcare, Other End-User Industries
• By Application: Warehouse Management, Labor Management, Transportation Management
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global digital logistics market in 2021.

Major Market Players in the digital logistics market include Oracle Corporation, IBM Corporation, SAP SE, Advantech Co Ltd., AT&T Inc., Intel Corporation, Honeywell International Inc., HCLTech, Blue Yonder, DigiLogistics.

Technological progress is a major trend that is gaining traction in the digital logistics market. Major players in the digital logistics market are concentrating their efforts on research and development in order to create technologically advanced digital logistics solutions that enable various use cases in connected logistics. Advanced solutions, for example, give businesses a market advantage. For example, in May 2020, Smart Navigation Systems, a UAE-based firm that provides location-based solutions, partnered with Intel, a US-based multinational corporation and technology company, to develop smart solutions for various use cases based on Intel technology powered by IoT, such as the Intel Connected Logistic Platform (ICLP). To create a comprehensive ecosystem, the ICLP combines logistics warehouses, in-transit vehicles, high-value assets, and remote cloud-based management tools. It is made up of cloud-connected services, intelligent sensors, and gateways. The new solution will include features such as real-time asset tracking and monitoring, route management and optimization, improved spatial analysis, enhanced geofencing functions, and others that will improve efficiency and performance.

The Digital Logistics Global Market Report 2023  provides a digital logistics market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The digital logistics market forecast analyzes digital logistics market size, digital logistics market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The automation and digitization of product transfer procedures is referred to as digital logistics. This digital strategy increases data transparency for all suppliers and partners involved in all stages of supply chain management and operations management, providing companies with completely new opportunities to reduce operating costs, eliminate productivity losses, and avoid inaccurate order fulfilment.

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