Logistics Market – Global Opportunities & Forecast, 2020-2027
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The Logistics Market drivers and trends
are as follows:
The growing technological advancements in
the logistics industry such as the implementation of artificial intelligence
and machine learning techniques to the data analytics for delivering truly
dynamic routing and the adoption of cloud technology enabling the platform
solutions which offers scalability and flexibility in the operations of the
organization are some factors surging the growth of the global logistics
market. Moreover, the factors driving the demand for the logistics process
in the market in the upcoming years include rising activities of trade across
the world, growing penetration of internet retailing, and increasing e-commerce
industry.
Rising demand for logistics across various
industry verticals as it improves the supply chain transparency, decreases
costs, efficiency, and helps to drive the revenue, followed by the increasing
volume of international business activities will further fuel the demand of the
market during the forecast period. Additionally, the growing penetration of the
internet of things (IoT) in the logistics industry is leading to a decrease in
the security issues such as optimization of asset utilization, counterfeiting,
and others, enabling accurate monitoring of the workflow and the resources is
another driver bolstering various growth opportunities for the logistics in the
market. The growing consumer's expectations to get the shipments flexibly,
faster, coupled with augmented transparency at a low price, and the entrance of
numerous new entrants in the logistics sector concentrating towards using new
technology to enter the industry are the factors creating enhancement in the
process of how the logistics companies performed operations. On the other hand,
the factors hampering the growth of the global logistics market include the
high cost of inventory and limited required warehouse space.
Key Benefits of the Report:
·
This report offers an
analytical depiction of the logistics market while providing the current trends
and future estimations to determine the imminent investment pockets.
·
This study illustrates every
relevant information, including the market drivers, restraints, and emerging
opportunities, followed by a detailed analysis of the logistics market share.
·
The report also provides a
detailed logistics market analysis based on competitive intensity and how the
competition will take shape over the next six years.
Various companies covered in the Logistics
Market report:
·
C.H. Robinson Worldwide, Inc.
·
Deutsche Post AG
·
DB Schenker
·
A.P. Moller – Maersk
·
Kuehne + Nagel
·
DSV
·
United Parcel Service of
America, Inc.
·
GEODIS
·
Supply Chain Solutions
Segmentation of the Logistics Market:
Breakup by Mode of Transport:
·
Airways
·
Railways
·
Waterways
·
Roadways
Breakup by End-User Industry:
·
Trade & Transportation
·
Telecommunication
·
Healthcare
·
Government & Public
Utilities
·
Retail
·
Manufacturing
·
BFSI
·
Media & Entertainment
·
Information Technology
·
Others
Breakup by Logistics Model:
·
First Party Logistics
·
Second Party Logistics
·
Third Party Logistics
·
Fourth Party Logistics
Breakup by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
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