Global Digital Transformation Spending in Logistics Market Report, History and Forecast 2016-2027, Breakdown Data by Companies, Key Regions, Types and Application

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
The research report studies the Digital Transformation Spending in Logistics market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Digital Transformation Spending in Logistics market size is projected to reach US$ 37370 million by 2027, from US$ 24270 million in 2020, at a CAGR of 5.9% during 2021-2027.

Global Digital Transformation Spending in Logistics Scope and Segment
The global Digital Transformation Spending in Logistics market is segmented by company, region (country), 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 region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Hardware
Software
Services

Segment by Application
3PL
Warehouse

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Hexaware Technologies
IBM
JDA Software WMS
Logitech
XPO Logistics
Mindtree
Oracle
Samsung
SAP
Sanco Software
Syntel
Tech Mahindra