Global Digital Transformation Spending in Logistics Market Size, Status and Forecast 2020-2026

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.
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.
Market Analysis and Insights: Global Digital Transformation Spending in Logistics Market
In 2019, the global Digital Transformation Spending in Logistics market size was US$ 23520 million and it is expected to reach US$ 35290 million by the end of 2026, with a CAGR of 5.9% during 2021-2026.
Global Digital Transformation Spending in Logistics Scope and Market Size
Digital Transformation Spending in Logistics market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Digital Transformation Spending in Logistics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Digital Transformation Spending in Logistics market is segmented into Hardware, Software, Services, etc.
Segment by Application, the Digital Transformation Spending in Logistics market is segmented into 3PL, Warehouse, etc.
Regional and Country-level Analysis
The Digital Transformation Spending in Logistics market is analysed and market size information is provided by regions (countries).
The key regions covered in the Digital Transformation Spending in Logistics market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Digital Transformation Spending in Logistics Market Share Analysis
Digital Transformation Spending in Logistics market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Digital Transformation Spending in Logistics business, the date to enter into the Digital Transformation Spending in Logistics market, Digital Transformation Spending in Logistics product introduction, recent developments, etc.
The major vendors include Hexaware Technologies, IBM, JDA Software WMS, Logitech, XPO Logistics, Mindtree, Oracle, Samsung, SAP, Sanco Software, Syntel, Tech Mahindra, etc.

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 North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

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

Market segment by Application, split into

3PL
Warehouse

Market segment by Regions/Countries, this report covers

North America
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 North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Digital Transformation Spending in Logistics are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.