New York, NY -- (SBWire) -- 01/19/2019 --This report focuses on the global Digital Transformation Spending in Logistics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Digital Transformation Spending in Logistics development in United States, Europe and China.
Logistics companies spend on digital transformation to increase efficiency, optimization, and speed and timing of logistic services, thereby increasing customer satisfaction and revenue. Among a range of rapid technological evolutions and in an increasingly digital environment where digital transformations are affecting the industry, most of the CEOs of transport & logistics companies appreciate digital solutions (to engage with customers, and optimize production and operations) as major areas of investment.
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In terms of region, North America is projected to lead the global digital transformation spending in logistics market during the forecast period. Digital transformation requires active and flexible IT support, which is available in the majority of the companies in the region. North America dominates the global digital transformation spending in logistics market primarily due to increase in adoption of logistics solutions. The digital transformation spending in logistics market in Asia Pacific is anticipated to grow at a rapid pace due to increasing digitization and rising use of Internet. Furthermore, the market in Europe, the Middle East & Africa, and South America is expected to witness strong growth during the forecast period.
In 2017, the global Digital Transformation Spending in Logistics market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
Hexaware Technologies
IBM
JDA Software WMS
Logitech
XPO Logistics
Mindtree
Oracle
Samsung
SAP
Sanco Software
Syntel
Tech Mahindra
Market segment by Type, the product can be split into
Hardware
Software
Services
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Market segment by Application, split into
3PL
Warehouse
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Digital Transformation Spending in Logistics status, future forecast, growth opportunity, key market and key players.
To present the Digital Transformation Spending in Logistics development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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In this study, the years considered to estimate the market size of Digital Transformation Spending in Logistics are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Digital Transformation Spending in Logistics Market : Industry Insight 2019-2025 Covered Players – IBM, SAP, Oracle, Syntel
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