Logistics Market Forecast Report 2020 – 2027 – Top Key Players Analysis

1. Logistics market

2. The GMI Research adds new research on the Logistics market, a detailed analysis of this business space, including the emerging market trends, competitive landscape, and market size. The report covers various parameters among different segment analysis, the regional growth landscape, and an in-depth study of the industry’s competitive scenario.

3. Key Drivers of the Logistics market: The increasing technological advancements in the logistics industry such as the implementation of artificial intelligence and machine learning techniques to the data analytics for delivering truly dynamic routing and the rising adoption of cloud technology enabling the platform solutions which offers better scalability and flexibility in the operations of the organization are the key drivers that are propelling the growth of the logistics market size. Moreover, the increasing activities of trade around the world, growing penetration of internet retailing, and the rising e-commerce industry will further energize the market’s demand.

4. The strong demand for logistics across different industry verticals as it improves the supply chain transparency, efficiency, reduces costs, and helps to boost the revenue, followed by the increasing volume of international business activities, will further strengthen the market’s growth in the coming years. In addition to this, the one of the emerging logistics market trends is the growing penetration of internet of things (IoT) in the logistics industry which is resulting in a decrease in the incidences of security issues such as counterfeiting and others, optimization of asset utilization, enabling of accurate monitoring of the workflow and the resources. This factor will positively influence the market’s growth. The rising consumer’s expectations of getting the shipments faster, flexibly, followed by the growing transparency at a low price and the entrance of various new entrants in the logistics sector aiming towards using new technology to enter the industry are some factors that are creating numerous opportunities for the market. On the other edge of the spectrum, the high cost of inventory, and lack of required warehouse space is likely to hamper the market’s growth.

5. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.