A Deeper Knowledge of the Logistic Software Market with 8% CAGR: Growth, Trend, Segmentation and Opportunities Forecast to 2023

 

Logistics is the process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods, including services and related information.

This press release was orginally distributed by SBWire

Pune, India — (SBWIRE) — 07/09/2018 — Global Logistic Software Market Research Report.” global logistic software market can be bifurcated as software type, end-user, and region. Based on software type, the market is segmented into warehouse management, labor management, transportation management and data management. The research provides a detailed assessment of recent cutting-edge technologies in the IT industry and the factors influencing the applications of the global market. It estimates the growth rate of various segments over the forecast period

The report segments the International Logistic Software Market on the basis of product, end users, and on the basis of topography. The product type segment includes the market’s division into basic, advanced, and professional versions. These sectors are primarily comprised of applications in IT, IoT, managed services, and more. The applications covered by the logistic software include automotive, government & defense, healthcare, telecommunication and it, industrial, engineering and manufacturing, oil & gas and others.

logistic software market is expected to reach approximately USD +16 billion by the end of 2023 with +8 % CAGR during forecast period 2017-2023.

The major players profiled in this report include: Advantech Corporation, Digilogistics, UTI Worldwide Inc, Hexaware Technologies, IBM Corporation, JDA Software, Oracle, Samsung Electronics Co, SAP AG, Tech Mahindra

Steady support to the IT & Telecom sector in developed regions is likely to enable their steady dominance in the Global Logistic Software Market in the coming years, but the growing acknowledgment of the high volume of unmet demand in emerging regions has driven the healthcare sector in countries such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, notwithstanding other dynamic economies in the region such as South East Asia, Japan, and China.

The global logistic software market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective software portfolio. The logistic software market is highly competitive due to the presence of several large vendors.

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