Understanding the true urgency of digitizing your supply chain
The global digital logistics market size was $18.10 billion in 2021 and it is expected to reach $77.52 billion by 2030, with a CAGR of 17.54 % during the forecast period 2021-2030. North America held the lion’s share of the industry in 2020 and is expected to continue its dominance throughout the prevised timeframe.
The global digital logistics market size was $18.10 billion in 2021 and it is expected to reach $77.52 billion by 2030, with a CAGR of 17.54 % during the forecast period 2021-2030. North America held the lion’s share of the industry in 2020 and is expected to continue its dominance throughout the prevised timeframe.
The automation and digitalization of procedures connected to the movement of products are referred to as digital logistics. There is a chance to digitize and automate any normal logistical activity that depends on pen and paper and repeated manual work. This is where digital logistics enters the picture. According to NITI Aayog, in 2019, The Government of India prioritized IoT, AI, and Big Data to revolutionize the country's business of supply chain and logistics, spending 100 crores in Indian Rupees in the area, which is fueling the overall demand for digital logistics in the country.
