New Innovation In Extends Digitization In Logistics Supply Chain Values For Future

 

The digitization in logistics supply chain market was valued at US$ 11,794.24million in 2019 and is projected to reach US$ 23607.06million by 2027; it is expected to grow at a CAGR of 8.5% from 2020 to 2027.

For More Information @ https://bit.ly/3gmB4zH

logistics industry is experiencing tremendous growth since the past few years, which is majorly attributed to the continuously flourishing of e-commerce industry. The industry would continue to grow over next couple of decades owing to rise in manufacturing facilities in the developing countries. However, the adoption of advanced technologies has been sluggish in the past; over the past couple of years, the demand these technologies is likely to increase. The increase in demand for digital technologies in the logistics industry boosts the digitization in logistics supply chain market.

The digitization in logistics supply chain market is segmented on basis of industry as automotive, BFSI, manufacturing, IT and telecom, healthcare, oil & gas, and others. The manufacturing and automotive industries together dominate the digitization in logistics supply chain market. The automotive sector is also expected to register the highest CAGR in the market during 2020–2027. The steep rise in the production and delivery of automotive products is boosting the adoption of digital technologies in the industry’s supply chain and logistics operations.

Companies Profiled in Digitization in Logistics Supply Chain Marketare as Follows:

Accenture

Advnatech Co. Ltd.

Cognizant

Capgemini SE

Hexaware Inc.

IBM Corporation

Oracle Corporation

SAP SE

Tata Consulting Services Limited

Wipro Ltd.

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