The Asia Pacific Digital Logistics Market would witness market growth of 17.8% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Digital Logistics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,931.4 million by 2031. The Japan market is registering a CAGR of 17.1% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 18.7% during (2024 - 2031).
In addition, e-commerce has significantly influenced the logistics market. The need for efficient order processing, real-time tracking, and quick delivery has led to increased adoption of digital solutions catering to online retail demands. Companies across various industries are adopting these logistics solutions to enhance operational efficiency. Automation, real-time data, and advanced analytics help businesses streamline processes, reduce costs, and improve supply chain performance.
Likewise, as businesses expand, managing complex supply chains becomes challenging. These logistics solutions provide the tools to handle multi-tiered supply chains, coordinate with partners, and ensure seamless operations. Adherence to regulatory requirements and standards, such as customs regulations and environmental policies, drives the adoption of these logistics solutions. These solutions facilitate compliance by automating documentation, managing risk, and ensuring transparency.
China’s status as the world’s largest manufacturing hub drives massive production volumes, necessitating advanced logistics solutions for managing large-scale distribution, optimizing supply chains, and ensuring timely delivery of goods domestically and internationally. The value-added industrial output, a critical economic indicator, increased by 4.6 percent year over year in 2023, according to the State Council of the People's Republic of China. India invests heavily in improving logistics infrastructure, including constructing new highways, ports, and logistics parks. Digital logistics solutions are essential for managing these expanded networks, optimizing routes, and enhancing overall efficiency. The Indian government implemented the National Logistics Policy (NLP) on September 17, 2022, by the Investment Promotion and Facilitation Agency. The policy's objective is to reduce the cost of logistics from the current 13-14% to a level consistent with that of other developed countries. Therefore, the increasing manufacturing sector and expansion of the logistics industry in the region are driving the market's growth.
Free Valuable Insights: The Global Digital Logistics Market is Predict to reach USD 92.3 Billion by 2031, at a CAGR of 17.2%
Based on Deployment Mode, the market is segmented into On – Premises and Cloud. Based on Solutions, the market is segmented into Tracking & Monitoring, Data & Analytics, Fleet Management Systems, Electronic Data Interchange (EDI) Systems, and Others. Based on Application, the market is segmented into Transport Management, Warehouse Management, Labor Management, and Others. Based on End User, the market is segmented into Manufacturing, Retail & Consumer Goods, Healthcare, Energy & Utilities, Automotive, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Deployment Mode
By Solutions
By Application
By End User
By Country
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