What is Digitization in LogisticsMarket?
Digitization in Logistics involves use of modern digital technology to optimize the logistic operations. Digitisation of logistics may involve application of either of hardware, software or services. The Integration of sophisticated algorithm based programs as well as artificial intelligence allows for better decision making and thus lesser friction points along the logistics supply chain. With rising investments globally in new emerging technologies such as Blockchain and artificial intelligence, the market scope for digitization in logistics gives high hopes. Currently, North America and Europe are the largest markets of the Digitisation in logistics.
Advancement in Connectivity Technology and Rise of E-Commerce Industry
Automated Vehicles May be New Big Opportunity in the Coming Decade
The Players Covered in the Study are:
IBM Corporation (United States), SAP SE (Germany), Cognizant (United States), Oracle Corporation (United States), Google (United States), Accenture Plc (Ireland), TCS Ltd. (India), Wipro Ltd. (India), DHL International GmbH (Germany) and Supply Dynamics (United States)
List of players that can be included in the study on immediate basis are Element AI (United States), Flock Freight (United States) and NebulARC Technologies Private Limited (India).
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Digitization in Logistics Market?
The Digitization in Logistics market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Digitization in Logistics Market?
Top performing companies in the Global Digitization in Logistics market are IBM Corporation (United States), SAP SE (Germany), Cognizant (United States), Oracle Corporation (United States), Google (United States), Accenture Plc (Ireland), TCS Ltd. (India), Wipro Ltd. (India), DHL International GmbH (Germany) and Supply Dynamics (United States), to name a few.
3. What trending factors would impact Digitization in Logistics Market growth most?
"Integration of Artificial Intelligence is a New Popular Trend in Logistics" is seen as one of major influencing trends for Digitization in Logistics Market during projected period 2020-2026.