Logistics Market Global Industry Analysis, size, share and Forecast 2020-2027

 

The GMI Research forecasts that the logistics market is witnessing an upsurge in demand during the forecast period. This is mainly due to the growing e-commerce industry, rising penetration of internet retailing, and increasing trade activities around the world.

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Top Manufacturers in the Logistics Market:

·        C.H. Robinson Worldwide, Inc.

·        Deutsche Post AG

·        DB Schenker

·        A.P. Moller – Maersk

·        Kuehne + Nagel

·        DSV

·        United Parcel Service of America, Inc.

·        GEODIS

·        Supply Chain Solutions

Logistics Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The growing technological advancements in the logistics industry such as the introduction of machine learning techniques and artificial intelligence to the data analytics to deliver dynamic routing is one of the major factors surging the growth of the global logistics market share in terms of revenue. Moreover, the increasing adoption of cloud technology has allowed the platform solutions to offer scalability and flexibility in the company's operations, which will further propel the logistics industry growth. Furthermore, the growing e-commerce industry, rising penetration of internet retailing, and increasing trade activities around the world are the emerging logistics market trends that are boosting the demand for the market in the upcoming years.

The growing penetration of the internet of things (IoT) in the logistics industry decreases security issues such as optimization of asset utilization, enabling of accurate monitoring of the workflow and the resources, and counterfeiting and others which will bring various growth opportunities for the market. In addition to this, the growing demand for logistics in various industry verticals as it improves the supply chain efficiency, transparency, reduces costs, and enables to increase the revenue, followed by the rising volume of international business activities, will further enhance the demand for logistics market during the forecast period. The rising consumer's expectations of receiving the shipments faster, flexibly, coupled with improved transparency at a low cost, and the entry of various new entrants in the logistics sector focusing on using new technology to enter the industry are the major factors bolstering the growth of the logistics market size. On the other hand, limited warehouse space and the high cost of inventory will hamper the growth of the global logistics market.

Logistics Market Segmentation:

Segmentation by Mode of Transport:

·        Airways

·        Railways

·        Waterways

·        Roadways

Segmentation by End-User Industry:

·        Trade & Transportation

·        Telecommunication

·        Healthcare

·        Government & Public Utilities

·        Retail

·        Manufacturing

·        BFSI

·        Media & Entertainment

·        Information Technology

·        Others

Segmentation by Logistics Model:

·        First Party Logistics

·        Second Party Logistics

·        Third Party Logistics

·        Fourth Party Logistics

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a leading market research company that offers market research reports for every industry. Our research teams have seasoned analysts and researchers and are always looking for industry-leading research techniques to create all-encompassing research reports. GMI Research's extensive global network allows it to collect relevant information about the industry on a regional as well as country-level basis. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of sectors. We provide step-by-step assistance to our clients through strategic and consulting services to reach a managerial and actionable decision. Our market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, major factors impacting the market growth, and various market insights to aid companies to make strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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