Global Digital Logistics Market Trends, Share, Growth, Demand, Industry Analysis, Key Player profile

Swati123428 Jun, 2024Technology

Digital Logistics Market size was valued at USD 30.81 Bn. in 2023 and the total Digital Logistics revenue is expected to grow by 21.5% from 2024 to 2030, reaching nearly USD 120.43 Bn. Digital Logistics Market Overview: The primary focus of industrial logistics is the study, planning, and continuing optimization of material and information flows in industrial companies. The digitization trend has offered a variety of new options to assure long-term competitive advantages through the systematic improvement of logistics performance and/or progressive reduction of logistics costs in recent years. The fourth industrial revolution (Industry 4.0) postulates that the systematic integration of digitalization technologies in industrial enterprises' production and logistics processes would then result in higher performance and/or lower costs, contributing to long-term growth and the sustainable assurance of competitive advantages.