What is Smart Logistic Market Scope?
The logistics sector is the fuel that drives the worldwide economy and an important link that binds the supply-side of the value chain to the demand-side. Over the past decade, buyer demands have evolved at a fast pace and its impact may be felt across the sensible supply sector across the world. The flourishing e-commerce sector in addition to the evolving consumer requirements has compelled participants within the smart logistics market to curate efficient, reliable, and economical supply solutions. Within the current situation, technological advancements are sanctioning operators within the sensible supply market to realize these goals. Strides taken by information analytics over the past few years are anticipated to drive the adoption of data-centric software tools within the supply sector – a trend that's seemingly to achieve sizeable momentum within the coming years.
Influencing Trend:
The Introduction of Novel Technologies Including the Internet of Things (Lot)
Market Growth Drivers:
Increasingly Deploying Advanced Solutions to Fulfil Customer Requirements, The Adoption of New Technologies Such as Machine Learning, Cloud Computing and Growing Demand for Efficient Warehouse Management Systems
Challenges:
Lack Of Awareness
Restraints:
High Cost of Installation
Opportunities:
Technological Advancements Within the Transportation and Logistics Sector
The Smart Logistic market study is being classified by Type (Hardware, Software and Services), by Application and major geographies with country level break-up.
Technological advancements within the transportation and logistics sector have progressed at a rapid pace over the past few years due to which, the adoption of transportation management systems and warehouse management systems has increased across a broad spectrum of industries including automotive, electronics, e-commerce, and more. Analysts at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Smart Logistic market throughout the predicted period.
AT&T Intellectual Property (United States), IBM Corporation (United States), Intel Corporation (United States), SAP SE (Germany), Cisco Systems (United States), Oracle Corporation (United States), Freightgate Inc. (United States), Arkessa (United Kingdom), Bosch Connected Devices and Solutions GmbH (Germany), Honeywell International Inc. (United States) and Orbcomm Inc., (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Smart Logistic market by Type, Application and Region.
On the basis of geography, the market of Smart Logistic has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Rest of Europe), MEA (Saudi Arabia, Turkey, Israel, United Arab Emirates, South Africa, Rest of Africa), North America (United States, Canada, Mexico).
Key Target Audience
Providers of Smart Logistics, Governmental and Regulatory bodies and End-Users
Smart Logistic Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Smart Logistic Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Smart Logistic industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.