The Cloud Logistics Market is Predict to reach USD 51.3 Billion by 2031, at a CAGR of 13.6%

04-Dec-2024 | Report Format: Electronic (PDF)

Cloud Logistics Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Cloud Logistics Market size is expected to reach $51.3 billion by 2031, rising at a market growth of 13.6% CAGR during the forecast period.

The Web-based segment is leading the Global Cloud Logistics Market by OS Type in 2023; thereby, achieving a market value of $25.8 billion by 2031. This segment is driven by the increasing adoption of cloud-based logistics solutions that offer flexible, scalable, and easily accessible platforms for managing logistics operations. Web-based platforms allow businesses to access logistics data and perform tasks such as inventory management, shipment tracking, and route optimization from any device with an internet connection. The growth of e-commerce, the need for real-time supply chain visibility, and the shift toward digital transformation in logistics are key factors contributing to the dominance of the web-based segment.

North America Cloud Logistics Market Size - By Region

The Private segment is anticipating a CAGR of 12.8% during (2024 - 2031). Private cloud solutions offer more control and security and are dedicated exclusively to a single organization. Companies typically use these platforms with specific compliance, security, or performance requirements that public cloud solutions cannot meet. The private cloud is preferred by organizations that require higher levels of data protection, customization, and dedicated resources, contributing to its steady presence in the cloud logistics market.

The Large Enterprises segment is generating the maximum revenue in the Global Cloud Logistics Market by Enterprise Size in 2023; thereby, achieving a market value of $32.9 billion by 2031. Large enterprises are increasingly adopting cloud logistics solutions to optimize their supply chain management, enhance operational efficiency, and manage complex logistics operations at a global scale. These organizations typically have the resources to invest in advanced cloud-based platforms that provide real-time visibility, predictive analytics, and automated logistics processes, allowing them to streamline operations and reduce costs across large-scale logistics networks.

The Healthcare market is expected to witness a CAGR of 12.5% during (2024 - 2031). In the healthcare industry, cloud logistics is crucial in managing the supply chain of medical supplies, pharmaceuticals, and healthcare equipment. The demand for real-time tracking, temperature-controlled storage, and efficient delivery of critical medical products has led to increased adoption of cloud logistics solutions. Cloud platforms help healthcare providers ensure that their logistics operations are compliant with regulations, secure, and transparent.

Full Report: https://www.kbvresearch.com/cloud-logistics-market/

The North America region dominated the Global Cloud Logistics Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $17.8 billion by 2031. The Europe region is experiencing a CAGR of 13.2% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 14.2% during (2024 - 2031).

List of Key Companies Profiled

  • Cognizant Technology Solutions Corporation
  • Softlink Global (Constellation Software, Inc.)
  • Blue Yonder Group, Inc. (Panasonic Holdings Corporation)
  • SAP SE
  • Advantech Co., Ltd.
  • Oracle Corporation
  • IBM Corporation
  • Siemens AG
  • Bristlecone (Mahindra Group)
  • Honeywell International, Inc.

Cloud Logistics Market Report Segmentation

By OS Type

  • Web-based
  • Native

By Enterprise Size

  • Large Enterprises
  • SMEs

By Type

  • Public
  • Private
  • Hybrid
  • Multi

By Industry Vertical

  • Retail
  • Healthcare
  • Food & Beverage
  • Consumer Electronics
  • Automotive
  • Other Industry Vertical

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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