Growing penetration in smartphones & internet, increase in disposable incomes and technological advancements in E-commerce will boost the Global E-commerce Logistics Market
Chicago, IL -- (SBWIRE) -- 12/06/2019 -- According to Report Ocean the Global E-commerce Logistics Market to grow significantly during the forecast period. The market growth is supported by various factors such as rise of Cross-border, favorable demographics and technology advancement in E-commerce logistics market will increase E-commerce logistics during the forecast period.
The Global E-commerce Logistics market can be segmented into:
On the basis of Service type, the E-commerce Logistics market has been segmented into Transportation and Warehousing. Transportation service type dominates the global E-commerce owing to technology advancement in logistics sectors which will increase the efficiency of transportation vehicles by providing real-time data about routes, destinations addresses, GPS tracking and fleet management which will manage the everyday status of every vehicle. Warehousing services will be the fastest growing segment due to reductions in operational costs of services providers, feasibility in customer services by providing customized products and maintaining inventory stocks throughout years.
On the basis of the Operational Area, the global E-commerce Logistics market has been segmented into International and Domestic. By Operational area basis, Domestic segment will lead the market owing to better services provided through warehousing, inventory, and delivery that are different in every country in different ways. International segment is growing by the reduction in cross borders like reductions in import duties and pre-paid taxes.
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On the basis of region, the E-commerce Logistics market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific dominates the world E-commerce Logistics market over the forecast period owing to rapid urbanization, increasing numbers of smartphones users and technology advancements in the e-commerce sector. North America Market is growing by technological advancements in e-commerce sector with the application of Informational Technology.
Companies, such as, DHL International GmbH, FedEx Corporation, PO Logistics, United Parcel Service Inc., Clipper Logistics Plc., Gati Limited, Kenco Group Inc., Aramex International, F. Express , Kenco Group, Inc., Ceva Holdings LLC, GIZTIX, CJ Logistics Thailand, Kerry Express, SME Shipping Co, Thailand Post, Australia Post, Blue Dart, Clipper Logistics, Deutsche Post, Ecom Express, Express Logistics, Japan Post, La Poste, Bpost, SF Express, Seko Logistics, Singapore Post and UPS are the key players for providing services of E-commerce Logistics .
The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of Global E-commerce Logistics Market size & forecast. The report promises to provide state-of-the-art technology of E-commerce Logistics production and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.
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