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Global Digital Transformation Spending in Logistics to Reach $75.5 Billion by 2026

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New York, June 24, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Digital Transformation Spending in Logistics Industry” – https://www.reportlinker.com/p05960886/?utm_source=GNW
Over 60% of companies in North America, Europe and Asia expect to witness a higher velocity of change in digital transformation during the years 2020 through 2023. Digital transformation is now visible in all industrial sectors. With companies across all industries including logistics going online launching digital initiatives, investments in automation is rising. Amid the COVID-19 crisis, the global market for Digital Transformation Spending in Logistics estimated at US$45.6 Billion in the year 2020, is projected to reach a revised size of US$75.5 Billion by 2026, growing at a CAGR of 8.8% over the analysis period. Hardware, one of the segments analyzed in the report, is projected to grow at a 8.2% CAGR to reach US$38.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 8.9% CAGR for the next 7-year period.

The U.S. is Estimated at $14 Billion in 2021, While China is Forecast to Reach $13.7 Billion by 2026

– Digital Transformation Spending in Logistics in the U.S. is estimated at US$14 Billion in the year 2021. The country currently accounts for a 28.98% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$13.7 Billion in the year 2026 trailing a CAGR of 10% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 8.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR while Rest of European market (as defined in the study) will reach US$15.1 Billion by the year 2027. The push towards digital transformation in these markets in pushing up investments in connected devices, radio frequency identification (RFID) and Internet of Things (IoT) for enhanced real-time visibility into the supply chain. Foray of third-party logistics providers (3PLs) in the logistics and freight management industry is changing market dynamics, providing shippers with the opportunity to find the most suitable partner for their business. The future holds even more opportunities for transportation & logistics companies to improve their efficiency and profits. IoT and vehicle-to-vehicle communication holds promise for enabling “vehicle trains” or “vehicle platoons”.

Services Segment to Reach $22.1 Billion by 2026

– In the global Services segment, USA, Canada, Japan, China and Europe will drive the 9.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.1 Billion in the year 2020 will reach a projected size of US$15.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2026.
Select Competitors (Total 104 Featured)

  • 3GTMS, Inc.
  • 4flow AG
  • Advantech Co., Ltd.
  • APL Logistics Ltd.
  • Digital Logistics Group Ltd.
  • Hexaware Technologies Ltd.
  • IBM Corporation
  • JDA Software, Inc.
  • Logistic Solutions Inc.
  • Logitech
  • MindTree Ltd.
  • Oracle Corporation
  • Partner Tech USA
  • Samsung Electronics Co., Ltd.
  • SAP SE
  • Scanco
  • Syntel, Inc.
  • Tech Mahindra Ltd.

Read the full report: https://www.reportlinker.com/p05960886/?utm_source=GNW

CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Trade & Retail: The Foundation for Growth in the
Logistics Industry
EXHIBIT 1: Trade & Transport Logistics Are Mutually
Reinforcing: Global Value of Export Trade (In US$ Billion) for
the Years 1950, 1970, 1990, 2000, 2010 and 2019
Year 2020 Has Been a Year of Astounding Disruption &
Unbelievable Transformation
EXHIBIT 2: COVID-19 Leaves the World in Shambles & Industries
and Markets Upended: World Economic Growth Projections (Real
GDP, Annual % Change) for 2019 to 2022
EXHIBIT 3: Continued High Unemployment Levels Challenges Growth
in Industries Reliant on Consumer Discretionary Incomes:
Global Number of Unemployed People (In Million) for Years
2017, 2019, 2020, and 2022
As Mass Vaccination Drives Get Underway Worldwide, Will It
Change the Existing Economic Realities? & Is it Really the
Silver Bullet We Were Waiting For?
EXHIBIT 4: How Fast the World is Vaccinated Will Determine How
Soon the Pandemic Will End: Global Number of COVID-19
Vaccinations (Per 100 People) As of February 2021 by country
EXHIBIT 5: Global Number of Annual COVID-19 Vaccine Doses (In
Million) for Years 2020 through 2025 by Geographic Region/
Country
How Trade, Transport & Retail Industries Are Impacted by the
Pandemic & What?s the New Normal?
Transportation Industry Bites the Dust
EXHIBIT 6: Global Trade Plummets Impacting Freight & Logistics:
Global Trade Exports & Imports Volume Growth (in %) by Region
for 2018-2020
Retailing & Merchandizing, the Key Drivers of Urban Logistics,
Slumps
Special Focus on Departmental Stores
EXHIBIT 7: Global Department Stores Market Reset & Trajectory –
Growth Outlook (In %) For Years 2019 Through 2025
An Uncertain Recovery in Global Trade Means the Pain of the
Pandemic Will Continue to Linger On for the Logistics Industry
EXHIBIT 8: Global Merchandize Trade (In US$ Trillion) for Years
2019 to 2022
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Moving Beyond COVID-19, How Will Global Supply Chains Looks
Like? The Answers Every Stakeholder in Supply Chain Logistics
Should Know
As Companies Come to Terms With the Depth of their
Dependencies, Globalization Will Reduce to Regionalization
Supply Chain 24/7 Visibility, the New Normal
Why the Need to Modify The Pharmaceutical Supply Chain Is So
Great?
Rethinking Scale & Mix Will See the Rise of Parallel Supply Chains
Making Data Talk: Digitization Will be the Key to Building
Stronger, Smarter Supply Chains
Digitalization of Logistics Gains Fervor Amid the Pandemic
COVID-19 Has Created an Environment Where Digital
Transformation Equals Survival
Growing Number of Logistics Service Providers Leverage Data &
Analytics for Smart Transportation
3PLs Step Up Investments in Freight Management Systems. Here?s Why
Big Data Analytics Gains in Importance in Freight Management
Systems
COVID-19 Triggers Unprecedented Disruptions in the Supply Chain &
Accelerates the Urgency to Rethink Supply Chain Management
EXHIBIT 9: Unprecedented Losses Sustained in the Supply Chain
Bodes Well for Integration of Emerging Technologies like
Blockchain to Enhance Resilience & Reliability: Global Losses
in Supply Chain as a % of Earnings Before Interest, Taxes,
Depreciation & Amortization (EBITDA) in the Year 2020
Here?s How The Role of Blockchain Becomes Bigger in Post COVID
-19 Management of Supply Chains
Challenges for Adoption of Blockchain in Supply Chains
Blockchain Powered Solutions to Streamline Processes in Logistics
A Special Focus on Blockchain Use in the Trucking Industry
Why Trucking Needs Blockchain?
Key Advantages of Blockchain for Trucking Industry
Special Focus on How Big Data is Being Used to Build Supply
Chain Resilience
Predictive Analytics Storms Into the Spotlight to Simplify
Decision Making
Globalization of Businesses Drives the Need for Efficient
Supply Chain Designs
Effective Tracking of Ocean Freight with New Visibility
Technologies
Consumer Demand for Fast, Free Shipping Spurs Adoption of New
Technologies
With an Eye on Performance Improvements, Logistics Companies
Step Up Investments in Fleet Telematics
Cost Pressures in the Logistics Industry Spurs Market
Opportunities for CV Telematics in Fleet Management
EXHIBIT 10: Logistics Companies Step Up Spending on Telematics:
Global Spending on Commercial Vehicle Telematics (In US$
Million)
Special Focus on the Growing Role of GPS in Logistics
Automation & Supply Chain Management
GPS Makes Supply Chains & Logistics Resilient & Responsive
Spectacular Merits of GPS for Logistics and Supply Chains
Autonomous Trucking: A Revolution in Making in the Logistics
Industry
Barcode, Laser Scanners & RFID Readers, the Starting Point for
Automating Logistics Processes
Barcode Scanning and Machine Vision: The Pathway to Automation
RFID Technology to Improve Logistics
Growing Role of Cloud Computing in Logistics 4.0
Here?s How COVID-19 Has brought Cloud Technologies Into the
Spotlight
EXHIBIT 11: Global Cloud Technologies Market Reset & Trajectory –
Growth Outlook (In %) For Years 2019 Through 2025
The Race to Adopt Cloud Computing in Logistics Gets Underway
Rising Significance of IoT in Logistics and Supply Chain
Management
Here?s How Trucking Companies Are Using IoT
Primary Benefits of IoT for Truck Operators
COVID-19 Fast-Tracks Migration Towards Warehouse Automation
Here?s How Artificial Intelligence Will Revolutionize the
Logistics Industry
Special Focus on Artificial Intelligence (AI) in the Trucking
Industry
Automation is a Necessary Step Towards Digital Transformation
Trend Towards Industry 4.0 Redefines Opportunities in the
Material Handling Equipment Market
Focus on Automation & Production Efficiency, the Foundation for
Growing Investments in AGVs
Integration of MHE with Warehouse Management Systems: A Key Trend
Mobility Devices Take Center Stage Amid Automation &
Digitalization

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Digital
Transformation Spending in Logistics by Geographic Region –
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets – Independent Analysis of Annual Spending in US$
Million for Years 2020 through 2027 and % CAGR

Table 2: World Historic Review for Digital Transformation
Spending in Logistics by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Spending in US$ Million for
Years 2016 through 2019 and % CAGR

Table 3: World 11-Year Perspective for Digital Transformation
Spending in Logistics by Geographic Region – Percentage
Breakdown of Value Spending for USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets for Years 2016,
2020 & 2027

Table 4: World Current & Future Analysis for Hardware by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Spending in US$ Million for Years 2020 through 2027
and % CAGR

Table 5: World Historic Review for Hardware by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Spending
in US$ Million for Years 2016 through 2019 and % CAGR

Table 6: World 11-Year Perspective for Hardware by Geographic
Region – Percentage Breakdown of Value Spending for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2016, 2020 & 2027

Table 7: World Current & Future Analysis for Software by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Spending in US$ Million for Years 2020 through 2027
and % CAGR

Table 8: World Historic Review for Software by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Spending
in US$ Million for Years 2016 through 2019 and % CAGR

Table 9: World 11-Year Perspective for Software by Geographic
Region – Percentage Breakdown of Value Spending for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2016, 2020 & 2027

Table 10: World Current & Future Analysis for Services by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Spending in US$ Million for Years 2020 through 2027
and % CAGR

Table 11: World Historic Review for Services by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Spending
in US$ Million for Years 2016 through 2019 and % CAGR

Table 12: World 11-Year Perspective for Services by Geographic
Region – Percentage Breakdown of Value Spending for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2016, 2020 & 2027

Table 13: World Current & Future Analysis for Cloud by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Spending in US$ Million for Years 2020 through 2027
and % CAGR

Table 14: World Historic Review for Cloud by Geographic Region –
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 15: World 11-Year Perspective for Cloud by Geographic
Region – Percentage Breakdown of Value Spending for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2016, 2020 & 2027

Table 16: World Current & Future Analysis for On-Premise by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Spending in US$ Million for Years 2020 through 2027
and % CAGR

Table 17: World Historic Review for On-Premise by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Spending
in US$ Million for Years 2016 through 2019 and % CAGR

Table 18: World 11-Year Perspective for On-Premise by
Geographic Region – Percentage Breakdown of Value Spending for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2016, 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Table 19: USA Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 20: USA Historic Review for Digital Transformation
Spending in Logistics by Solution – Hardware, Software and
Services Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 21: USA 11-Year Perspective for Digital Transformation
Spending in Logistics by Solution – Percentage Breakdown of
Value Spending for Hardware, Software and Services for the
Years 2016, 2020 & 2027

Table 22: USA Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 23: USA Historic Review for Digital Transformation
Spending in Logistics by Deployment – Cloud and On-Premise
Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 24: USA 11-Year Perspective for Digital Transformation
Spending in Logistics by Deployment – Percentage Breakdown of
Value Spending for Cloud and On-Premise for the Years 2016,
2020 & 2027

CANADA
Table 25: Canada Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 26: Canada Historic Review for Digital Transformation
Spending in Logistics by Solution – Hardware, Software and
Services Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 27: Canada 11-Year Perspective for Digital Transformation
Spending in Logistics by Solution – Percentage Breakdown of
Value Spending for Hardware, Software and Services for the
Years 2016, 2020 & 2027

Table 28: Canada Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 29: Canada Historic Review for Digital Transformation
Spending in Logistics by Deployment – Cloud and On-Premise
Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 30: Canada 11-Year Perspective for Digital Transformation
Spending in Logistics by Deployment – Percentage Breakdown of
Value Spending for Cloud and On-Premise for the Years 2016,
2020 & 2027

JAPAN
Table 31: Japan Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 32: Japan Historic Review for Digital Transformation
Spending in Logistics by Solution – Hardware, Software and
Services Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 33: Japan 11-Year Perspective for Digital Transformation
Spending in Logistics by Solution – Percentage Breakdown of
Value Spending for Hardware, Software and Services for the
Years 2016, 2020 & 2027

Table 34: Japan Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 35: Japan Historic Review for Digital Transformation
Spending in Logistics by Deployment – Cloud and On-Premise
Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 36: Japan 11-Year Perspective for Digital Transformation
Spending in Logistics by Deployment – Percentage Breakdown of
Value Spending for Cloud and On-Premise for the Years 2016,
2020 & 2027

CHINA
Table 37: China Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 38: China Historic Review for Digital Transformation
Spending in Logistics by Solution – Hardware, Software and
Services Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 39: China 11-Year Perspective for Digital Transformation
Spending in Logistics by Solution – Percentage Breakdown of
Value Spending for Hardware, Software and Services for the
Years 2016, 2020 & 2027

Table 40: China Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 41: China Historic Review for Digital Transformation
Spending in Logistics by Deployment – Cloud and On-Premise
Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 42: China 11-Year Perspective for Digital Transformation
Spending in Logistics by Deployment – Percentage Breakdown of
Value Spending for Cloud and On-Premise for the Years 2016,
2020 & 2027

EUROPE
Table 43: Europe Current & Future Analysis for Digital
Transformation Spending in Logistics by Geographic Region –
France, Germany, Italy, UK and Rest of Europe Markets –
Independent Analysis of Annual Spending in US$ Million for
Years 2020 through 2027 and % CAGR

Table 44: Europe Historic Review for Digital Transformation
Spending in Logistics by Geographic Region – France, Germany,
Italy, UK and Rest of Europe Markets – Independent Analysis of
Annual Spending in US$ Million for Years 2016 through 2019 and
% CAGR

Table 45: Europe 11-Year Perspective for Digital Transformation
Spending in Logistics by Geographic Region – Percentage
Breakdown of Value Spending for France, Germany, Italy, UK and
Rest of Europe Markets for Years 2016, 2020 & 2027

Table 46: Europe Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 47: Europe Historic Review for Digital Transformation
Spending in Logistics by Solution – Hardware, Software and
Services Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 48: Europe 11-Year Perspective for Digital Transformation
Spending in Logistics by Solution – Percentage Breakdown of
Value Spending for Hardware, Software and Services for the
Years 2016, 2020 & 2027

Table 49: Europe Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 50: Europe Historic Review for Digital Transformation
Spending in Logistics by Deployment – Cloud and On-Premise
Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 51: Europe 11-Year Perspective for Digital Transformation
Spending in Logistics by Deployment – Percentage Breakdown of
Value Spending for Cloud and On-Premise for the Years 2016,
2020 & 2027

FRANCE
Table 52: France Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 53: France Historic Review for Digital Transformation
Spending in Logistics by Solution – Hardware, Software and
Services Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 54: France 11-Year Perspective for Digital Transformation
Spending in Logistics by Solution – Percentage Breakdown of
Value Spending for Hardware, Software and Services for the
Years 2016, 2020 & 2027

Table 55: France Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 56: France Historic Review for Digital Transformation
Spending in Logistics by Deployment – Cloud and On-Premise
Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 57: France 11-Year Perspective for Digital Transformation
Spending in Logistics by Deployment – Percentage Breakdown of
Value Spending for Cloud and On-Premise for the Years 2016,
2020 & 2027

GERMANY
Table 58: Germany Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 59: Germany Historic Review for Digital Transformation
Spending in Logistics by Solution – Hardware, Software and
Services Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 60: Germany 11-Year Perspective for Digital
Transformation Spending in Logistics by Solution – Percentage
Breakdown of Value Spending for Hardware, Software and Services
for the Years 2016, 2020 & 2027

Table 61: Germany Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 62: Germany Historic Review for Digital Transformation
Spending in Logistics by Deployment – Cloud and On-Premise
Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 63: Germany 11-Year Perspective for Digital
Transformation Spending in Logistics by Deployment – Percentage
Breakdown of Value Spending for Cloud and On-Premise for the
Years 2016, 2020 & 2027

ITALY
Table 64: Italy Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 65: Italy Historic Review for Digital Transformation
Spending in Logistics by Solution – Hardware, Software and
Services Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 66: Italy 11-Year Perspective for Digital Transformation
Spending in Logistics by Solution – Percentage Breakdown of
Value Spending for Hardware, Software and Services for the
Years 2016, 2020 & 2027

Table 67: Italy Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 68: Italy Historic Review for Digital Transformation
Spending in Logistics by Deployment – Cloud and On-Premise
Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 69: Italy 11-Year Perspective for Digital Transformation
Spending in Logistics by Deployment – Percentage Breakdown of
Value Spending for Cloud and On-Premise for the Years 2016,
2020 & 2027

UNITED KINGDOM
Table 70: UK Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 71: UK Historic Review for Digital Transformation
Spending in Logistics by Solution – Hardware, Software and
Services Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 72: UK 11-Year Perspective for Digital Transformation
Spending in Logistics by Solution – Percentage Breakdown of
Value Spending for Hardware, Software and Services for the
Years 2016, 2020 & 2027

Table 73: UK Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 74: UK Historic Review for Digital Transformation
Spending in Logistics by Deployment – Cloud and On-Premise
Markets – Independent Analysis of Annual Spending in US$
Million for Years 2016 through 2019 and % CAGR

Table 75: UK 11-Year Perspective for Digital Transformation
Spending in Logistics by Deployment – Percentage Breakdown of
Value Spending for Cloud and On-Premise for the Years 2016,
2020 & 2027

REST OF EUROPE
Table 76: Rest of Europe Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 77: Rest of Europe Historic Review for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services Markets – Independent Analysis of Annual
Spending in US$ Million for Years 2016 through 2019 and % CAGR

Table 78: Rest of Europe 11-Year Perspective for Digital
Transformation Spending in Logistics by Solution – Percentage
Breakdown of Value Spending for Hardware, Software and Services
for the Years 2016, 2020 & 2027

Table 79: Rest of Europe Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 80: Rest of Europe Historic Review for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 81: Rest of Europe 11-Year Perspective for Digital
Transformation Spending in Logistics by Deployment – Percentage
Breakdown of Value Spending for Cloud and On-Premise for the
Years 2016, 2020 & 2027

ASIA-PACIFIC
Table 82: Asia-Pacific Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 83: Asia-Pacific Historic Review for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services Markets – Independent Analysis of Annual
Spending in US$ Million for Years 2016 through 2019 and % CAGR

Table 84: Asia-Pacific 11-Year Perspective for Digital
Transformation Spending in Logistics by Solution – Percentage
Breakdown of Value Spending for Hardware, Software and Services
for the Years 2016, 2020 & 2027

Table 85: Asia-Pacific Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 86: Asia-Pacific Historic Review for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 87: Asia-Pacific 11-Year Perspective for Digital
Transformation Spending in Logistics by Deployment – Percentage
Breakdown of Value Spending for Cloud and On-Premise for the
Years 2016, 2020 & 2027

REST OF WORLD
Table 88: Rest of World Current & Future Analysis for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services – Independent Analysis of Annual Spending
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 89: Rest of World Historic Review for Digital
Transformation Spending in Logistics by Solution – Hardware,
Software and Services Markets – Independent Analysis of Annual
Spending in US$ Million for Years 2016 through 2019 and % CAGR

Table 90: Rest of World 11-Year Perspective for Digital
Transformation Spending in Logistics by Solution – Percentage
Breakdown of Value Spending for Hardware, Software and Services
for the Years 2016, 2020 & 2027

Table 91: Rest of World Current & Future Analysis for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise – Independent Analysis of Annual Spending in US$
Million for the Years 2020 through 2027 and % CAGR

Table 92: Rest of World Historic Review for Digital
Transformation Spending in Logistics by Deployment – Cloud and
On-Premise Markets – Independent Analysis of Annual Spending in
US$ Million for Years 2016 through 2019 and % CAGR

Table 93: Rest of World 11-Year Perspective for Digital
Transformation Spending in Logistics by Deployment – Percentage
Breakdown of Value Spending for Cloud and On-Premise for the
Years 2016, 2020 & 2027

IV. COMPETITION
Total Companies Profiled: 104
Read the full report: https://www.reportlinker.com/p05960886/?utm_source=GNW

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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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xtalpi-unveils-xtalgazer:-a-comprehensive-ai-driven-polymorph-selection-platform

CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence

Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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