Logistics Visualization System Market Scope
Logistics visualization systems offer visibility in logistics operations. This helps to control inventory, manage operations more efficiently. It also help to optimize supply chains. There are number of technologies are used for data collection in logistics visualisation systems. EDI, GPS, Image Recognition are used for data collection in logistics. This systems are designed to serve smart technology and big data analytics for logistics management.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | NEC (Japan), Legacy Supply Chain (United States), DHL Resilience360 (United States), Proxio (Mexico), Datamatics Global Services Limited. (India), Peakboard (Germany), BellaDati (United States), Geutebrueck (Germany), Saviant Consulting (India) and Ramco (India) |
CAGR | % |
The market of logistics visualization system is expected to grow with rising demand from different industry vertical. Several companies are operating in the market to provide advanced logistics visualization system. The market is highly fragmented with the presence of number of market players. They are gaining attention owing to raised demand. They are taking certain strategic initiatives with new entrants to expand their existing portfolio.
NEC (Japan), Legacy Supply Chain (United States), DHL Resilience360 (United States), Proxio (Mexico), Datamatics Global Services Limited. (India), Peakboard (Germany), BellaDati (United States), Geutebrueck (Germany), Saviant Consulting (India) and Ramco (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are VisualCue (India) and Others.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Logistics Visualization System market by Type , by Application (Large Enterprises and SMEs) and Region with country level break-up.
On the basis of geography, the market of Logistics Visualization System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In June 2022, DB Schenker announces the acquisition of the IT company, Bitergo. Since its inception in 2013, the software firm has provided logistics solutions and consultancy, with an emphasis on warehousing, supply chain execution, and mobile apps.
In December 2023, Fujitsu announced the launch of a new cloud-based logistics data standardization and visualization service for shippers, logistics companies, and vendors across the supply chain. The service will offer new tools to customers to achieve sustainability in their operations and address a variety of challenges, including looming shortages of truck drivers, the urgent need to reduce the carbon footprint of transportation, and compliance with stricter industry regulations.
Influencing Trend:
Growing Adoption towards End to End Visualization System Solutions Which Further To Reduce Overall Maintenance Cost
Market Growth Drivers:
Preference for the Use of Sophisticated Set of Computations Software for Logistics Management Is Driving the Demand for Logistics Visualization System and Rising Necessity for Streamlining Process Flows in Transportation and Logistics
Challenges:
Data Security Concerns
Restraints:
High Cost Associated with Installation & Technical Issue associated with Software Handling
Opportunities:
Technological Advancements with AI & Automation Has Created Ample Opportunities, and Inclination of Mid & Small Size Enterprises towards Implementation of Logistics Visualization System for their logistics Management Has Created Growth Opportunities for Market Players
Key Target Audience
Logistics Visualization System Provider, Research Organizations, New Entrants/Investors, Strategic Business Planners, Government Regulatory and End Use Industry