Top Digital Transformation Spending in Logistics Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Digital Transformation Spending in Logistics Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Digital Transformation Spending in Logistics industry players.

Digital Transformation Spending in Logistics Market Competitive Landscape

The major players in the market are Digital Logistics Group, Hexaware Technologies, S2K Warehouse Management, IBM, PartnerTech, Oracle. Mindtree, Tech Mahindra, SAP, 4Flow AG, and others.

SMEs are utilizing cloud services due to intense rivalry and the lack of multiple resources present in large enterprises. On the other hand, large enterprises are extremely cost sensitive, which drives them to increase their use of cloud-based software. In October 2018, Oracle Block chain Applications Cloud was introduced, a set of services to improve the supply chain transparency. It is intended to facilitate the tracking of goods along the supply chain using a distributed ledger, boosting the dependability of business transactions and accelerating the delivery procedure. Digital logistics solutions are given in a personalised manner based on business requirements owing to cloud-based services, which increases client satisfaction.

Top Players in Digital Transformation Spending in Logistics Market

  • DHL (Germany) 
  • Schneider Electric (France) 
  • Walmart (United States) 
  • PepsiCo (United States) 
  • Johnson & Johnson (United States) 
  • Cisco Systems (United States) 
  • Microsoft (United States) 
  • Samsung SDS (South Korea) 
  • Amazon (United States) 
  • CMA CGM (France) 
  • Modern Logistics (Brazil) 
  • Kuehne + Nagel (Switzerland) 
  • FedEx (United States) 
  • UPS (United States) 
  • Maersk (Denmark) 
  • DB Schenker (Germany) 
  • XPO Logistics (United States) 
  • Nippon Express (Japan) 
  • Ryder System (United States) 
  • C.H. Robinson (United States)

Digital Transformation Spending in Logistics Market

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Global Digital Transformation Spending in Logistics Market size was valued at USD 52.2 billion in 2023 and is poised to grow from USD 56.79 billion in 2024 to USD 111.51 billion by 2032, growing at a CAGR of 8.8% during the forecast period (2025-2032).

The major players in the market are Digital Logistics Group, Hexaware Technologies, S2K Warehouse Management, IBM, PartnerTech, Oracle. Mindtree, Tech Mahindra, SAP, 4Flow AG, and others. 'DHL (Germany) ', 'Schneider Electric (France) ', 'Walmart (United States) ', 'PepsiCo (United States) ', 'Johnson & Johnson (United States) ', 'Cisco Systems (United States) ', 'Microsoft (United States) ', 'Samsung SDS (South Korea) ', 'Amazon (United States) ', 'CMA CGM (France) ', 'Modern Logistics (Brazil) ', 'Kuehne + Nagel (Switzerland) ', 'FedEx (United States) ', 'UPS (United States) ', 'Maersk (Denmark) ', 'DB Schenker (Germany) ', 'XPO Logistics (United States) ', 'Nippon Express (Japan) ', 'Ryder System (United States) ', 'C.H. Robinson (United States)'

The major factor anticipated to accelerate the growth of the global digital transformation investment in the logistics industry is the rise in demand for the digitalization of business operations and the pressure on service providers to lower costs. Also, increased digitalization adoption across a variety of industries, including logistics, and the revolutionary benefits for businesses with improved customer awareness, creative business models, and higher efficiency would significantly contribute to the market's development. Also, the logistics sector invests in digital transformation to improve the speed, efficiency, and timing of logistic services. This will boost customer satisfaction, which is anticipated to drive expansion over the projected period.

In recent years, self-driving cars have become more prevalent in highly regulated environments like warehouses and yards, which has increased their relevance in the logistics industry. On the other side, self-driving cars, used in public and shared areas like city streets and highways, may be the sector's next major advancement, helping to streamline logistical processes and enhance safety.

North America dominated the global market in 2021 and is expected to maintain its dominance throughout the forecast period, with the US alone accounting for the highest share in the regional market. The existence of a significant population of patients with mental illnesses, numerous activities featuring meditation workshops, and the quick growth of yoga studios in the area are all credited with the rise of the regional market. A major segment of the population in the region, particularly in emerging countries is expected to have more disposable income in the next years, which will lead to a rise in the number of people spending on mental health development.

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Global Digital Transformation Spending in Logistics Market
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