The global market for digital transformation in transportation and logistics was valued at USD 54.92 billion in 2018. It is anticipated to rise up to USD 145.28 billion by 2025 with a CAGR of 13.0% during the forecast period. This blog is based on a report that serves as an impetus tool to make important decisions, important deals, and offer better profitability. The testimonials included in the report by AMR Research involves a highly qualified team of experts who work rigorously to collect the data.
Key digital transformation vendors for transportation and logistics sectors are Amazon, APL Logistics Ltd., IBM Corporation, Walmart, Logitech Corporation, Samsung Electronics and others. One fourth of total transportation companies don't own an appropriate digital strategy and generally rely on conventional technology and legacy software to manage workflows and communicate with partners.
Digital transformation requires updated IT system in any firm to embark on the digital journey. North America dominated the global digital transformation in transportation and logistics market. Asia-Pacific is anticipated to have fastest growth rate in the forthcoming years. In the New-Asia, China lies at the centre and used to be low-based manufacturing which is now shifting to Cambodia, Laos, Vietnam and frontier markets like Bangladesh and Myanmar.
Original Article: https://marketresearchposts.com/2020/08/02/digital-transformation-in-transportation-and-logistics-market-analysis-by-key-companies-huge-demand-emerging-trends-recent-developments-business-opportunities-industry-statistics-sales-data-and/
Key digital transformation vendors for transportation and logistics sectors are Amazon, APL Logistics Ltd., IBM Corporation, Walmart, Logitech Corporation, Samsung Electronics and others. One fourth of total transportation companies don't own an appropriate digital strategy and generally rely on conventional technology and legacy software to manage workflows and communicate with partners.
Digital transformation requires updated IT system in any firm to embark on the digital journey. North America dominated the global digital transformation in transportation and logistics market. Asia-Pacific is anticipated to have fastest growth rate in the forthcoming years. In the New-Asia, China lies at the centre and used to be low-based manufacturing which is now shifting to Cambodia, Laos, Vietnam and frontier markets like Bangladesh and Myanmar.
Original Article: https://marketresearchposts.com/2020/08/02/digital-transformation-in-transportation-and-logistics-market-analysis-by-key-companies-huge-demand-emerging-trends-recent-developments-business-opportunities-industry-statistics-sales-data-and/
Informative. IT did change the face of Transportation and logistics. To know more how digital transformation in transporatation and logistics is applied, click here to know more :-
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