IT Spending by 3PL 2017 Global Market Expected to Grow at CAGR 12.5% and Forecast to 2019
The 3PL market is growing, especially in emerging countries, as it involves cheap labor, improved infrastructure, and loosening of barriers to trade. In Asia, China remains one of the largest markets for 3PL. However, it is gradually moving toward maturity. The logistics comprises various risks and obstacles, which include cumbersome clearance processes, lack of transport infrastructure, and inefficiencies in logistic processes.
3PL markets are still recovering from the 2008 recession and Eurozone crisis, which is leading to sluggish demand for...
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