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The ai in logistics market size has grown exponentially in recent years. It will grow from $12.21 billion in 2023 to $18.01 billion in 2024 at a compound annual growth rate (CAGR) of 47.5%.  The  growth in the historic period can be attributed to increasing complexity in supply chain networks, rising demand for real-time logistics solutions, advancements in ai and machine learning technologies, growing e-commerce sector, need for efficiency and cost optimization in logistics operations.

The ai in logistics market size is expected to see exponential growth in the next few years. It will grow to $83.26 billion in 2028 at a compound annual growth rate (CAGR) of 46.6%.  The growth in the forecast period can be attributed to expansion of autonomous vehicles and drones in logistics, rising demand for predictive analytics in supply chain management, growth of smart warehouses and fulfillment centers, integration of blockchain technology for transparent and secure transactions, increasing focus on sustainability and green logistics. Major trends in the forecast period include adoption of ai-powered route optimization for delivery fleets, development of ai chatbots for customer service and support, emergence of predictive maintenance solutions for logistics assets, utilization of ai for demand forecasting and inventory management, implementation of ai-enabled risk management systems for supply chain resilience.

The rising growth of the e-commerce sector is expected to propel the growth of the AI in logistics market going forward. E-commerce refers to the buying and selling of goods or services over the internet and the transfer of data and funds to complete the transactions. The adoption of AI in logistics helps e-commerce businesses streamline their operations and improve efficiency, leading to benefits such as route optimization, supply chain optimization, and personalized shopping recommendations.

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What Are The Key Trends That Influence 3D IC And 2.5D IC Packaging Market Share Analysis?

Major companies operating in the AI in logistics market are focusing on introducing technologically advanced solutions, such as AI-powered supply chain management and orchestration solutions, to increase their profitability in the market. AI-powered supply chain management and orchestration solutions leverage artificial intelligence to streamline and optimize various aspects of the supply chain.

Which Market Players Are Driving Growth In The AI In Logistics Market?

Major companies operating in the ai in logistics market report are Amazon.com Inc, Alphabet Inc., Microsoft Corporation, DHL International GmbH, United Parcel Service, Inc., FedEx Corporation, CEVA Logistics AG, Intel Corporation, IBM Corporation, Oracle Corporation, Kuehne + Nagel International AG, NVIDIA Corporation, XPO Logistics, Inc., Zebra Technologies, HAVI , Infor, Echo Global Logistics, Symbotic , C3 AI, Turvo Inc., project44 Inc., Wise Systems, Inc., Covariant , Cognitivescale Inc., Slync.io Inc., Transportation Applied Intelligence LLC

How Is The Global AI In Logistics Market Segmented?

1) By Offering: Software; Services
2) By Technology: Machine Learning; Natural Language Processing; Context Awareness Computing; Computer Vision
3) By Application: Self-driving Vehicles And Forklifts; Planning And Forecasting; Machine And Human Collaboration; Automation Of Ordering And Processing
4) By Industry Vertical: Automotive; Food And Beverages; Manufacturing; Healthcare; Retail

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The AI In Logistics Global Market Report 2024 provides an overview of the AI in logisticsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The AI in logistics market forecast analyzes AI in logistics market size, AI in logistics market share, leading competitor and their market positions.

The Table Of Content For The AI In Logistics Market Include

1. AI In Logistics Market Executive Summary
2. AI In Logistics Market Segments
3. AI In Logistics Market Size And Template Market Growth Rate
4.  Key AI In Logistics Market Trends
5. Major AI In Logistics Market Drivers
……
25. Key Mergers And Acquisitions In The AI In Logistics Market
26. Top AI In Logistics Companies
27. AI In Logistics Market Opportunities And Strategies
28. AI In Logistics Market, Conclusions And Recommendations
29. Appendix

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