Digital Logistics Market is projected to grow from USD 28.22 Billion in 2024 to USD 85.4 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 14.84% during the forecast period (2024 - 2032). Additionally, the market size for Digital Logistics was valued at USD 24.1 billion in 2023.
Increased demand for e-commerce & online purchases and development in technology are the key market drivers enhancing the growth of market.
Figure 1:Digital Logistics Market Size, 2024-2032 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for digital logistics is being driven by the rising e-commerce industry. The drastic growth of the e-commerce industry over the past few years has been fueled by the increase in online shopping and the rise in the number of Internet users. The growth in e-commerce activities needs logistics providers in order to operate rapidly and more efficiently to process small individual orders. Online customers anticipate order accuracy, free returns, and same-day or same-hour delivery. E-commerce industries are exploring solutions to minimize order delivery operational costs and time.
The e-commerce industry fuels the demand for transparency, convenience, affordability and speed in delivery and also compelling frictionless returns. In order to provide these needs, it is important to make new business models and solutions by digitalizing the logistics operations, warehouse management system, automating material handling system and distribution management system. This has led to faster and varied accomplishment services, mainly in regard to last-mile delivery options and seamless returns processes. The emergence of Artificial Intelligence and Machine Learning based solutions has minimized the logistic cost by 20% with error-free enhancement of resources. The IoT has changed logistic operations by allowing real-time data collection and analysis, allowing proactive decision-making & improvement in processes. Big data analytics has assisted companies in gaining valuable insights, recognizing patterns, and making data-driven decisions in order to improve routes, forecast demands, and manage inventory efficiently.
The increasing product innovations in logistics are drastically fueling the growth rate of the market. in consideration of the covid-19 pandemic, logistic companies have noticed the significance of technological innovation and multichannel offerings. The clients demand new digital solutions and tools which facilitate accessibility, immediacy and self-service as an outcome of the pandemic leading to significant growth in e-commerce. Thus, driving the Digital Logistics market revenue.
However, logistic operations digitalization needs high capital investments involving the installation of automation equipment, software and solutions which requires heavy expenses. The slow adoption is owing to the integration of complexities of various IoT platforms, a large number of APIs and numerous protocols. All these factors are anticipated to restrain the market growth of digital logistics globally.
The global Digital Logistics market segmentation, based on deployment, includes Cloud and On-Premises. The cloud segment dominates the market, accounting for the largest market revenue as cloud-based solutions and applications are being leveraged by several organizations throughout the world. it offers flexibility, the ability to scale applications and simple management capabilities. The growing adoption of cloud services in SMEs is because of strong competition and the unavailability of several resources present in large enterprises. Digital Logistics solutions are integrated in a customized manner as per the requirement of the business, leading to better satisfaction of customers owing to the cloud-based services.
Figure 1: Global Digital Logistics Market, by Deployment, 2022 & 2032 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
The global Digital Logistics market segmentation, based on systems, includes Tracking and monitoring systems, Fleet Management Systems, Information Integrated Systems, Database Management Systems and Others. The tracking and monitoring system segment dominates the market due to lowering the cost of doing business. Fleet management can use GPS tracking software in order to see who is taking inefficient routes. This will not only address on-the-road concerns but also offers an exact readout of the hours claimed by the drivers. The monitoring system controls the technology of the company in order to analyze its operation and performance and also detect and alert about potential faults.
By region, the study gives market insights into the North America, Europe, Asia-Pacific and the Rest of the World. The North American Digital Logistics market area dominates the market due to the availability of large IT industries and fast advancement in technology. Increased utilization of digital systems and technologies, inclusive of radio frequency identification, electronic data exchange and others. The US is the largest contributor to the growth of digital Logistics market in the North American region.
Further, the prime countries studied in the market report are The US, Canada, the UK, German, France, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil.
Figure 2: GLOBAL DIGITAL LOGISTICS MARKET SHARE BY REGION 2022 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Digital Logistics market accounts for the second-largest market share as the number of people becoming familiar with digital Logistics because of the trend of cloud services in this region. Further, the German Digital Logistics market held the largest market share, and the UK Digital Logistics market was the rapid-growing market in European region.
The Asia-Pacific Digital Logistics Market is expected to grow at the rapid CAGR from 2023 to 2032. This is due to the presence rapidlyof developing countries and the adoption of digital technologies in this region. Moreover, China’s Digital Logistics market held the largest market share, and the Indian Digital Logistics market was the rapid-growing market in Asia-Pacific region.
Leading market players are investing hugely in research and development in order to expand their product lines, which will help the Digital Logistics market grow even more. Market players are also undertaking a variety of strategic activities to spread their global footprint, with important market developments including new product launches, mergers and acquisitions, contractual agreements, higher investments, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Digital Logistics industry must offer cost-effective items.
Manufacturing locally to reduce the operational costs is one of the key business tactics used by the manufacturers in the global Digital Logistics industry to benefit the clients and increase the market sector. In recent years, the Digital Logistics industry has offered some of the most significant advantages to various industries. Major players in the Digital Logistics market, including IBM Corporation, Bosch Inc., Infosys, Tech Mahindra, Oracle Corporation, HCL Technologies, International Business Machines Corporation, Huawei Technologies Co. Ltd., Hexaware Technologies, Samsung Group, JDA Software Group Inc., Advantech Co., and others, are trying to increase market demand by investing in the research and development operations.
Bosch, headquartered in Gerlingen, Germany, founded in the year 1886, is a German multinational technology and engineering company. It is a leading supplier of services and technology globally. The company operates in four businesses; mobility (Hardware and software), industrial technology (inclusive of drive and control), consumer goods (inclusive of power tools and household appliances) and energy and building technology. In April 2022, the company and Amazon Web Services came together in order to advance digital Logistics. Bosch will design and operate the Logistic platform, gaining control over the core, and AWS will help with its extensive cloud experiences and resources. This digital platform will gain easy access to the data and other services. This will also allow businesses in the transportation and benefits section to create a basis for their own cost and resource-intensive IT initiatives.
IBM Corporation, founded in the year 1911, and headquartered in Armonk, New York, is a multinational technology company. The company is known for its software and hardware products, inclusive of servers, computers, networking equipment, and storage systems. The company also offers technology, consulting and business services like cloud computing, artificial intelligence, and data analytics. The R&D efforts of the company have helped various technological innovations. In May 2022, the signing of a Strategic Collaboration Agreement was announced by the company with Amazon Web Services Inc. with the aim to offer a broad range of its software catalog as Software-as-a-Service (SaaS) on AWS. This partnership between AWS and IBM will help with supply chain digitalization.
An example is C.H. Robinson Firms Worldwide Incorporation, which launched the Digital Dispatch platform in July 2024.GPS technology was incorporated within the Load-matching platform with the aid of AI, which allows the data to be personalized in real-time. On the basis of prior searches, load recommendations of customized freight were issued that assisted individuals in matching with a carrier as well as making the process of searching time efficient due to the automation involved. As a result, users were able to get more optimization at a comparatively cheaper rate. The scope of this particular innovation provided faster routes, which led to an increase in payments however, if the application was unable to locate the required time, then it did help in reducing the empty miles incurred. The tool is expected to expand into larger operators in the future. As of now it only provides service to local based businesses.
ORBCOMM was able to launch a container device that would monitor refrigerated containers in June 2024. The device, known as CT 3600, was equipped with additional features that were also integrated into the first-generation version of the container. The functionality of the device was able to fulfill the requirements posed by shipping and container leasing companies as it allowed for easier and seamless management of their reefer fleets. Major updates to the device were also included with a self explanatory aim to reduce interactivity time with smart reefer and provide out-of-box compatibility with all the popular brands of refrigerated containers present in the market.
For example, Fujitsu solutions have been crucial in augmenting sustainability by mitigating industry problems like shortage of drivers, carbon emission, and compliance regulation, and in December of the year 2023, they launched a service using AWS which aims at simplifying and standardizing ‘ logistical data’ for shipping and logistics companies to utilize. Cutting tools for optimizing the scope of operations have also been offered as part of this service, making the ability to share and secure data efficient in the blurred complexities of global supply chains.
In January 2023, Oracle also focused on averting increased costs in the supply chain as well as bettering its efficiency by deploying new features for transportation and supply in its SCMAWS fusion calendar, which was previously deployed. Managed Trade Technology and Transportation Management enable businesses to reduce costs and make sure they comply with regulations so that they can adjust their activities quickly in response to shifts in the market.
Cloud
On-Premises
Tracking and monitoring systems
Fleet Management Systems
Information Integrated Systems
Database Management Systems
Others
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 24.1 Billion |
| Market Size 2024 | USD 28.22 Billion |
| Market Size 2032 | USD 85.4 Billion |
| Compound Annual Growth Rate (CAGR) | 14.84% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, The Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, Japan, China, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | IBM Corporation, Bosch Inc., Infosys, Tech Mahindra, Oracle Corporation, HCL Technologies, International Business Machines Corporation, Huawei Technologies Co. Ltd., Hexaware Technologies, Samsung Group, JDA Software Group Inc., Advantech Co. |
| Key Market Opportunities | The advancement in technology and demand for streamlined logistical operations. |
| Key Market Dynamics | Increased demand for e-commerce and online purchases. |
Frequently Asked Questions (FAQ) :
The global Digital Logistics market size was valued at USD 24.1 Billion in 2023.
The global market is foreseen to rise at a CAGR of 14.84% during the forecast period, 2024-2032.
North America had the largest share of the global market
The key players in market are IBM Corporation, Bosch Inc., Infosys, Tech Mahindra, Oracle Corporation, HCL Technologies, International Business Machines Corporation, Huawei Technologies Co. Ltd., Hexaware Technologies, Samsung Group, JDA Software Group Inc., and Advantech Co.
The cloud category dominated the digital logistics market in 2022.
The Tracking and monitoring systems had the largest share in the global market.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Senior Research Analyst Ankit gupta is an analyst in market research industry in ict and semi industry. with post-graduation in "telecom and marketing management" and graduation in "electronics and telecommunication" vertical he is well versed with recent development in ict industry as a whole. having worked on more than 150+ reports including consultation for fortune 500 companies such as microsoft and rio tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
