The global it spending on third-party logistics market is expected to grow from USD 42,894.57 million 2017 to USD 78,351.67 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 8.99%.
“Need management of many facets of procurement and fulfilment activitiesis one of the factors largely attributing to the growth of it spending on third-party logistics market globally”
The factors attributing to the growth of the market are need management of many facets of procurement and fulfilment activities, growing market opportunities in emerging economies, need for cheap labour, improved infrastructure, and loosening trade barriers, and data quality management systems and processes. However, some factors such as and complexity on managing and integrating legacy systems may hinder the market growth. The global it spending on third-party logistics market is expected to showcase the opportunities such as adoption of big-data analytics in supply chain management, and blockchain technology in 3pl. In the near future, the market may face the possible challenges in the growth due to and sluggish demand in mature market. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global it spending on third-party logistics market market.
On the basis of component, the global it spending on third-party logistics market is studied across Service and Solution.
On the basis of application, the global it spending on third-party logistics market is studied across Field Service Management System, Freight Management System, Supply Chain Management and Procurement Management System, Transportation Management System, and Warehouse Management System.
On the basis of geography, the global it spending on third-party logistics market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“3PL Central, LLC.: The potential growing player for the global it spending on third-party logistics market”
The key players profiled in the global it spending on third-party logistics market are 3PL Central, LLC., Camelot 3PL Software, Capgemini SE, ClickSoftware, Inc., FieldOne Systems, LLC, Geneva Logistics Group SAIFS, Genpact Limited, Infosys, International Business Machines Corporation, JDA Software Group, Inc., Manhattan Associates, Inc., ServiceMax, Inc., Tata Consultancy Services Limited, and iTracker Systems, Inc..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global it spending on third-party logistics market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global it spending on third-party logistics market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global it spending on third-party logistics market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global it spending on third-party logistics market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global it spending on third-party logistics market.
Summary:
Get latest Market Research Reports on IT Spending on Third-party Logistics (3PL) . Industry analysis & Market Report on IT Spending on Third-party Logistics (3PL) is a syndicated market report, published as Global IT Spending on Third-party Logistics (3PL) Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q3 2018 Update). It is complete Research Study and Industry Analysis of IT Spending on Third-party Logistics (3PL) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.