Segmentation based on component:
The hardware segment is expected to hold a market share of more than 50% during the forecast period and will grow at a CAGR of 10.7%. Even though most companies prefer hardware products like automated conveyor systems, lift trucks, automated racks, and robotic picking for implementing logistics automation, the need for capital investments is a major deterrent. As a result, some of them opt for software solutions instead, since they are easy to integrate and are cost-effective. This segment is expected to expand at a significant CAGR of 16.0%, the highest under this categorization. Moreover, as companies try to reduce their capital investments, tasks are likely to be handed over to third-party logistics automation service providers.

End use industry segment insights:
The exponential expansion of the e-commerce industry, expectations regarding swifter deliveries, and intense competition among market players are some of the major factors contributing to the growth of the logistics automation market. Thus, the e-commerce and retail segment is expected to be the highest growing end use industry in terms of logistics automation, expanding at a CAGR of 16.9% during the analysis period. By 2023, this segment is expected to hold a market share of more than 40%.

The online product delivery ecosystem and the growing preference for air transport are expected to result in a significant increase in the volume of air cargo in the coming years. To cope up, airports around the world are adopting logistics automation to increase their capacities (despite the limited availability of land), and to ensure error-free and safe handling of large volumes of freight.

Logistics automation also finds extensive applications in the food and beverage industry. The technology is well-suited for accurate product measurements, flawless packaging, and for performing tedious, repetitive tasks in tough environments like freezer warehouses.

Regional insights:
Europe and North America are mature markets, which dominated the global logistics automation sector with market shares of 33.6% and 29.2% respectively, in 2018. Most of the key players in the market are based in Europe. The logistics sector contributes significantly to the gross domestic product (GDP) of countries in Europe, make it a viable avenue for investments in automation. The logistics automation market in the Asia-Pacific and the Middle East and Africa regions are expected to exhibit higher growth in comparison to the other regions, owing to increasing investments in this sector and the presence of some significant players.

Companies covered:
– ABB
– Toyota Industrial Equipment
– KION
– Jungheinrich
– KUKA
– Daifuku
– Murata Machinery
– Beumer Group
– KNAPP
– System Logistics

The post Global Logistics Automation Market (2018-2023) Share, Scope, Revenue, Trends, Drivers, Challenges, Segmentation based on Component (Hardware, Software, Services) End Use Industry (E-commerce and retail, Automotive, Aerospace, Food and beverage, others) and Geography (North America, Asia Pacific, The Middle East and Africa, Europe and Latin America) first appeared on CRI Report.

The factors driving the digital logistics market growth are the large volume of data and improved logistics operations which are boosting the market growth to a large extent. The digital logistics is a process that makes the logistic operation smarter with the help of digital technology. The increasing demand for digital technology is propelling the growth of digital logistics market. On Apr 07, 2018, International Business Machines Corporation went into partnership with Koopman Logistics Group with the sole aim of providing supply chain digitization services to their customers. With the growing e-Commerce industries, the digital logistics market is projected to gain momentum in the forthcoming years. The e-Commerce industries have a huge demand for digital logistics as it facilitates logistics and supply chain operations.

Segmentation of Digital logistics Market

The global digital logistics market is segmented on the basis of component, applications, verticals, and region. The component segment is further sub-segmented as services and system. Furthermore, the system is sub-segmented into database management systems, order management systems, fleet management systems, information integrated systems, tracking and monitoring systems, and electronic data interchange systems. Moreover, services are sub-segmented into consulting services and system integration services. The applications are sub-segmented into warehouse management, transportation management, and labor management. The verticals are segmented into automotive, government, defense, aerospace, healthcare, manufacturing, retail, and others. The market is covered across regions including North America, Europe, Asia Pacific, and Rest of the World.

The global digital logistics market is estimated to reach USD ~ 19 billion by the end of the forecast period of 2023, at a CAGR of ~11%.Key Players

Some of the prominent players in the global digital logistics market Tech Mahindra (India), SAP SE (Germany), Oracle Corporation (U.S.), Samsung Group (South Korea), HCL Technologies Limited (India), Advantech Co. (Taiwan), International Business Machines Corporation (U.S.), Huawei Technologies Co., Ltd. (China), JDA Software Group, Inc. (U.S.), Hexaware Technologies (India) among others.

Regional Analysis

The regional analysis of digital logistics market is done for regions such as North America, Asia Pacific, Europe, and the Rest of the World. North America is the witnessing high growth due to increasing penetration of digital technologies and systems such as radio frequency identification, electronic data interchange, and others, which is propelling the market of digital logistics. In the European region, the digital logistics market is gaining popularity due to next generation of cloud services which is propelling the market growth. Whereas, Asia Pacific countries, including China, Japan, and India, are the emerging markets for digital logistics, and it is expected to gain momentum with the increasing proliferation of internet connectivity and grow with the highest CAGR in the coming years.

Intended Audience

Digital logistics companies
Digital logistics providers
Computer graphics developers
System integrators and third-party vendors
Government bodies
Technology investors
Research institutes and organizations
Market research and consulting firms
End-users/enterprise-users

1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Market Structure
2.5 Key Take Away
2.6 Key Buying Criteria
3 Market Insights
4 Research Methoadology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 The Increasing Demand For Transport Services
5.2.2 The Increasing Penetration Of Digital Technology
5.2.3 Growing E-Commerce Sector
5.3 Restraints
5.3.1 Lack Of Information And Communication Infrastucture
5.4 Opportunities
5.4.1 Increasing Adoption Of Cloud-Based Services
5.5 Supply Chain Analysis
5.6 Porter’s Five Forces Model
5.6.1 Threat Of New Entrants
5.6.2 Bargaining Power Of Suppliers
5.6.3 Bargaining Power Of Buyers
5.6.4 Threat Of Substitutes
5.6.5 Intensity Of Rivalry
6 Global Digital Logistics Market, By Component
6.1 Overview
6.1.1 System
6.1.1.1 Market Estimates & Forecast, 2017-2023
6.1.1.2 Market Estimates & Forecast By Region/Country, 2017-2023
6.1.2 Services
6.1.2.1 Market Estimates & Forecast, 2017-2023
6.1.2.2 Market Estimates & Forecast By Region/Country, 2017-2023
7 Global Digital Logistics Market, By Applications
7.1 Overview
7.1.1 Warehouse Management
7.1.1.1 Market Estimates & Forecast, 2017-2023
7.1.1.2 Market Estimates & Forecast By Region/Country, 2017-2023
7.1.2 Transportation Management
7.1.2.1 Market Estimates & Forecast, 2017-2023
7.1.2.2 Market Estimates & Forecast By Region/Country, 2017-2023
7.1.3 Labor Management
7.1.3.1 Market Estimates & Forecast, 2017-2023
7.1.3.2 Market Estimates & Forecast By Region/Country, 2017-2023
8 Global Digital Logistics Market, By Verticals
8.1 Overview
8.1.1 Government
8.1.1.1 Market Estimates & Forecast, 2017-2023
8.1.1.2 Market Estimates & Forecast By Region/Country, 2017-2023
8.1.2 Automotive
8.1.2.1 Market Estimates & Forecast, 2017-2023
8.1.2.2 Market Estimates & Forecast By Region/Country, 2017-2023
8.1.3 IT & Telecom
8.1.3.1 Market Estimates & Forecast, 2017-2023
8.1.3.2 Market Estimates & Forecast By Region/Country, 2017-2023
8.1.4 Defense & Aerospace
8.1.4.1 Market Estimates & Forecast, 2017-2023
8.1.4.2 Market Estimates & Forecast By Region/Country, 2017-2023
8.1.5 Healthcare
8.1.5.1 Market Estimates & Forecast, 2017-2023
8.1.5.2 Market Estimates & Forecast By Region/Country, 2017-2023
8.1.6 Manufacturing
8.1.6.1 Market Estimates & Forecast, 2017-2023
8.1.6.2 Market Estimates & Forecast By Region/Country, 2017-2023
8.1.7 Others
8.1.7.1 Market Estimates & Forecast, 2017-2023
8.1.7.2 Market Estimates & Forecast By Region/Country, 2017-2023
9 Digital Logistics Market, By Region
9.1 Overview
9.2 North America
9.2.1 Market Estimates & Forecast, By Country, 2017-2023
9.2.2 Market Estimates & Forecast By Component, 2017-2023
9.2.3 Market Estimates & Forecast By Applications , 2017-2023
9.2.4 Market Estimates & Forecast By End User, 2017-2023
9.2.5 U.S.
9.2.5.1 Market Estimates & Forecast By Component, 2017-2023
9.2.5.2 Market Estimates & Forecast By Applications , 2017-2023
9.2.5.3 Market Estimates & Forecast By Verticals, 2017-2023
9.2.6 Canada
9.2.6.1 Market Estimates & Forecast By Component, 2017-2023
9.2.6.2 Market Estimates & Forecast By Applications , 2017-2023
9.2.6.3 Market Estimates & Forecast By Verticals, 2017-2023
9.3 Europe
9.3.1 Market Estimates & Forecast, By Country, 2017-2023
9.3.2 Market Estimates & Forecast By Component, 2017-2023
9.3.3 Market Estimates & Forecast By Applications , 2017-2023
9.3.4 Market Estimates & Forecast By Verticals, 2017-2023
9.3.5 Germany
9.2.5.1 Market Estimates & Forecast By Component, 2017-2023
9.2.5.2 Market Estimates & Forecast By Applications , 2017-2023
9.2.5.3 Market Estimates & Forecast By Verticals, 2017-2023
9.3.6 U.K.
9.2.6.1 Market Estimates & Forecast By Component, 2017-2023
9.2.6.2 Market Estimates & Forecast By Applications , 2017-2023
9.2.6.3 Market Estimates & Forecast By Verticals, 2017-2023
9.3.7 Spain
9.2.7.1 Market Estimates & Forecast By Component, 2017-2023
9.2.7.2 Market Estimates & Forecast By Applications , 2017-2023
9.2.7.3 Market Estimates & Forecast By Verticals, 2017-2023
9.3.8 Rest Of Europe
9.3.8.1 Market Estimates & Forecast By Component, 2017-2023
9.3.8.2 Market Estimates & Forecast By Applications , 2017-2023
9.3.8.3 Market Estimates & Forecast By Verticals, 2017-2023
9.4 Asia Pacific
9.4.1 Market Estimates & Forecast, By Country, 2017-2023
9.4.2 Market Estimates & Forecast By Component, 2017-2023
9.4.3 Market Estimates & Forecast By Applications , 2017-2023
9.4.4 Market Estimates & Forecast By Verticals, 2017-2023
9.4.5 China
9.2.5.1 Market Estimates & Forecast By Component, 2017-2023
9.2.5.2 Market Estimates & Forecast By Applications , 2017-2023
9.2.5.3 Market Estimates & Forecast By Verticals, 2017-2023
9.4.6 Japan
9.2.6.1 Market Estimates & Forecast By Component, 2017-2023
9.2.6.2 Market Estimates & Forecast By Applications , 2017-2023
9.2.6.3 Market Estimates & Forecast By Verticals, 2017-2023
9.4.7 India
9.2.7.1 Market Estimates & Forecast By Component, 2017-2023
9.2.7.2 Market Estimates & Forecast By Applications , 2017-2023
9.2.7.3 Market Estimates & Forecast By Verticals, 2017-2023
9.4.8 Rest Of Asia Pacific
9.3.8.1 Market Estimates & Forecast By Component, 2017-2023
9.3.8.2 Market Estimates & Forecast By Applications , 2017-2023
9.3.8.3 Market Estimates & Forecast By Verticals, 2017-2023
9.5 The Middle East & Africa
9.5.1 Market Estimates & Forecast, By Country, 2017-2023
9.5.2 Market Estimates & Forecast By Component, 2017-2023
9.5.3 Market Estimates & Forecast By Applications , 2017-2023
9.5.4 Market Estimates & Forecast By Verticals, 2017-2023
9.6 Latin America
9.6.1 Market Estimates & Forecast, By Country, 2017-2023
9.6.2 Market Estimates & Forecast By Component, 2017-2023
9.6.3 Market Estimates & Forecast By Applications , 2017-2023
9.6.4 Market Estimates & Forecast By Verticals, 2017-2023
10 Competitive Landscape
10.1 Competitive Scenario
10.1.1 Competitive Overview Of The Digital Logistics Market
10.1.2 Competitive Benchmarking Of The Digital Logistics Market
11 Company Profiles
11.1 Tech Mahindra
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Component Offerings
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Key Strategy
11.2 SAP SE
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Component Offerings
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategy
11.3 Oracle Corporation
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Component Offerings
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategy
11.4 SAMSUNG Group
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Component Offerings
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategy
11.5 HCL Technologies Limited
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Component Offerings
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.5.6 Key Strategy
11.6 Advantech Co.
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Component Offerings
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.6.6 Key Strategy
11.7 International Business Machines Corporation
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Component Offerings
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.7.6 Key Strategy
11.8 Huawei Technologies Co., Ltd.
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Component Offerings
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.8.6 Key Strategy
11.9 JDA Software Group, Inc.
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Component Offerings
11.9.4 Key Developments
11.9.5 SWOT Analysis
11.9.6 Key Strategy
11.10 Hexaware Technologies
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Component Offerings
11.10.4 Key Developments
11.10.5 SWOT Analysis
11.10.6 Key Strategy
12 Conclusion
12.1 Key Findings
12.1.1 CEO’s Viewpoint
12.1.2 Unmet Needs
12.1.3 Key Companies To Watch
12.1.4 Prediction
13 Appendix
13.1 Discussion Blue Print
13.2 References

The post Global Digital Logistics Market Research Report – Forecast to 2023 first appeared on CRI Report.