The Latin America, Middle East and Africa Cloud Logistics Market would witness market growth of 16.3% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Cloud Logistics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $987.9 million by 2031. The Argentina market is registering a CAGR of 17.8% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 15.1% during (2024 - 2031).
The adoption of cloud logistics has accelerated over the past decade as businesses increasingly recognize its numerous benefits, including cost efficiency, scalability, and improved supply chain coordination. The logistics sector has recently experienced a digital revolution as businesses have embraced cutting-edge technologies like big data analytics, AI, and the Internet of Things (IoT).
Moreover, cloud logistics solutions provide a foundation for integrating these technologies, enabling organizations to collect and analyze vast amounts of data from various sources. Logistics companies can modernize their operations using cloud platforms and adopt innovative solutions that improve efficiency and reduce costs.
The increasing adoption of e-commerce in the UAE and cloud computing in Saudi Arabia are driving significant growth in the cloud logistics market across the GCC region. As both countries leverage technology to enhance business operations, logistics, and supply chains, the demand for cloud-based logistics solutions is accelerating. The e-commerce industry in the United Arab Emirates has had a remarkable expansion, with a record $3.9 billion in 2020, or 10% of total retail sales. With projections estimating the sector to reach $8 billion by 2025, the rise in online shopping is creating an increased demand for advanced logistics and supply chain solutions.
Free Valuable Insights: The Worldwide Cloud Logistics Market is Projected to reach USD 51.3 Billion by 2031, at a CAGR of 13.6%
Based on OS Type, the market is segmented into Web-based and Native. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Type, the market is segmented into Public, Private, Hybrid and Multi. Based on Industry Vertical, the market is segmented into Retail, Healthcare, Food & Beverage, Consumer Electronics, Automotive, and Other Industry Vertical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By OS Type
By Enterprise Size
By Type
By Industry Vertical
By Country
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