From GlobeNewswire: 2025-02-07 10:00:00

The Digital Logistics Market was valued at USD 28.7 billion in 2023 and is projected to reach USD 128.1 billion by 2032, with a CAGR of 18.13% from 2024-2032. Growth is driven by digital technologies enhancing transparency, real-time tracking, and automation, meeting the rising demand for quick deliveries and last-mile optimization. Major players include SAP, Oracle, DHL Supply Chain, and IBM.

The solutions segment led the market in 2023, driven by AI-based route optimization and supply chain management. The services segment is expected to grow the fastest CAGR from 2024-2032, with increasing demand for third-party logistics providers and consulting services to implement digital logistics solutions. Transportation management dominated in 2023, with EDI expected to have the fastest growth from 2024-2032.

The cloud segment dominated the market in 2023, offering scalability, flexibility, and cost-effectiveness. North America led the market in 2023, with Asia-Pacific expected to register the fastest CAGR from 2024-2032 due to rapid industrialization and digital transformation. In January 2024, SAP launched SAP Business Network for Logistics to enhance supply chain efficiency. DHL unveils AI-powered logistics platform in March 2024 to enhance warehouse operations and inventory management with real-time data and predictive analytics. The digital logistics market analysis report for 2024-2032 includes key points like market dynamics, segmentation, regional analysis, and company profiles. SNS Insider offers consulting services like Go To Market Assessment, TAM Assessment, and Competitive Benchmarking. SNS Insider is a top market research and consulting agency providing clients with current, accurate market data and insights to make confident decisions in a changing environment.



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