The proliferating rise of e-commerce companies, which are operating in the logistics space, is driving the logistics industry’s continued, astounding growth. Enterprises are willingly adopting digital logistics solutions for logistics and supply chain operations to serve their customers better, which drives the increasing requirement for cost-effective logistics and supply chain solutions across various industry verticals.
In light of these swift industry developments, the global Digital Logistics market size is forecasted to reach $ 22170 million by 2028,as per the latest market analysis reports. The reports also identify the market’s witnessing a growth spike at a CAGR of 11.5 percent during the forecast period. The market growth can also be attributed to the growing smart city initiatives worldwide, increasing IT infrastructure, the surge in the adoption of sensor-based technologies, growing advancements in the internet of things (IoT), and the rising focus of governmental bodies to raise awareness on the issues related to global logistics. In addition to that, the growing digitalization trend and rising demand for fleet and warehouse management systems are also driving the growth of the market.
On that note, this edition of CIOReview brings the spotlight on the key advancements in the logistics space and how companies leverage the latest solutions and market expertise to prove their mettle in delivering ideal logistics solutions. The edition features thought leadership articles from Alexander Leichter, Co-founder and CEO of Bryd, Manuel Silva Martinez, General Partner at Mouro Capital, and Marina Hadjipateras, Co-Founder & General Partner at TMV. They shed light on how the logistics industry has finally come a long way in adopting new technology and the significance of having transparency across the supply chain to have sustainable performance.
The edition also features OrionOne Global, Inc., which offers a proprietary SaaS platform for logistics and shipment management. OrionOne is cost-effective and highly-featured with blockchain, AI, IoT, and machine learning technology to track every aspect of their shipment from dispatch to delivery across all modes of transportation.
We hope this edition will help you find the appropriate logistics tech solution provider that will empower you to incorporate the industry-best technology practises in providing a better customer experience.
Let us know your thoughts!
