Artificial Intelligence
E-commerce Orders and Deliveries are expected to generate $1.2 Billion in revenue by 2026F, owing to an increase in the number of online customers and the entry of large retailers in Thailand: Ken Research
Thailand E-Commerce Logistics Market is in the growing stage, The growth of Thailand’s logistics sector is also being supported by booming exports with automotive, agribusiness, chemicals and electronics being in-demand industries at the moment.
- Increase in international shipment is expected in 2026F compared 2021. Consumers are increasingly turning to cross-border e-commerce as per capita incomes rise and access to international brands increases.
- AI and a horde of other devices like drones, electric vehicles, automated systems, high-tech security and efficient management systems have made the processes much easier for logistics companies as well as their clients.
- Companies in the ecommerce segment are battling against each other to acquire and retain clients, expand geographical presence, expand service offering and improve unit economics to increase margins.
Technology advancement: This helps to boost E-Commerce is easier and more secure digital payment options can make the online shopping experience more convenient for both customer and merchant online payments also allow for more flexible delivery arrangements like the living parcel to lockers since and consumer does not need to be present to make the payment.
Internet-Savvy Consumers Comfortable with making Online Purchases: Given Thailand’s mobile phone penetration rate of 98% and smartphone penetration at 71% in 2021, it is no surprise that smartphone users dominate E-Commerce activities. ETDA notes that generation why those were now around 17 to 36 years old spent the most of the time online last year especially on Facebook Instagram Twitter in Pantip from where the make all their transactions.
Platform Integration: E-Commerce platforms face a major challenge in integrating a critical mass of multiple user bases, i.e. sellers and buyers. Often, a platforms perceived value rests largely on this factor. High delivery failure rates due to lack of order and delivery consolidation between retailers.
Analysts at Ken Research in their latest publication “Thailand E-Commerce Logistics Market Outlook to 2026F- Driven by Change in Consumption Pattern of Consumers, Government Initiatives and Innovation of Advanced Technologies“ by Ken Research observed that Thailand E-commerce Logistics Market is in the growing phase. Technology will have a huge role to play in the sector as applications and AI, horde of other devices like drones, electric vehicles, automated systems, high-tech security are some of the factors that will contributed to the Thailand E-commerce Logistics Market growth over the period of 2021-2026F. It is expected that Thailand E-commerce Logistics Market will grow at a CAGR of 9.5% for the above forecasted period.
Key Segments Covered in the report:-
Thailand E-commerce Logistics Market
By Delivery by shipment
- Same Day
- Next Day
- Two day
By International and domestic by shipment
- Domestic
- International
By Mode of Payment by shipment
- Cash
- Online
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By Shipment Weight by shipment
- 0 -1 Kg
- Greater than 6 Kg
- 3 – 6 Kg
- 1 – 3 Kg
By Age Distribution by shipment
- (17 – 36 Years)
- (37 – 50 Years)
- (51 and above)
By E-Commerce Value by shipment
- B2G
- B2B
- B2C
By Booking Mode by shipment
- Online
- Offline
By Product Category by Revenues
- Mobile & Electronics
- Fashion
- Beauty
- Lifestyle & Hobby
- Health & Wellness
- Home & Living
- Toys
- Mom & Baby
- Automotives
- Sports
- Others
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Key Target Audience:-
- E-Commerce Companies aiming to establish in Thailand
- Thailand E-Commerce logistics industries
- Government Bodies & Regulating Authorities
- E-Commerce Industry
- Logistics industry
- Shipping company
- Warehousing Companies
- E-Commerce users
- Industry Associations
Time Period Captured in the Report:-
- Historical Period: 2017-2021
- Base Period: 2021
- Forecast Period: 2022-2026F
Companies Covered:-
- Kerry Express
- Lazada Logistics
- J&T Express
- Flash Express
- Eleven Street
- Tarad
- Weloveshopping
- Look Si
Key Topics Covered in the Report:-
- Ecosystem of major entities in Thailand e-commerce logistics market
- Overview of Thailand logistics infrastructure and dependent market
- Market overview & genesis
- Logistics business model
- Value chain analysis e-commerce logistics
- Thailand E-commerce Logistics Market Size, 2019 – 2022
- Segmentation by type of shipment and type of company on the basis of revenue
- Segmentation by mode of shipment & delivery period on the basis of revenue
- Segmentation by modes of payment & type of product on the basis of revenue
- Factors influencing partnership decision with logistics provider
- Cost component analysis for logistics provider
- SWOT analysis of Thailand e-commerce logistics market
- Trends & development of Thailand e-commerce logistics market
- Growth driver of Thailand e-commerce logistics market
- Issues and challenges of Thailand e-commerce and e-commerce logistics market
- Government regulations for Thailand e-commerce logistics market
- Impact of covid-19 on Thailand e-commerce and e-commerce logistics
- Key elements of the recovery phase for companies from pandemic
- Cross-comparison of major players in Thailand e-commerce logistics market
- Brand awareness
- Strength & weakness of major players in Thailand e-commerce logistics market
- Future Outlook
- Analyst recommendation
For more insights on the market intelligence, refer to below link:-
Thailand E-Commerce Logistics Market
Related Reports by Ken Research:-
Germany’s E-Commerce Logistics market is expected to register a positive CAGR during 2021-2026F owing to an increase in the competition and customer expectations. Various technological advancements related to IoT, AI, and LiDAR are expected to drive the market in logistics where it will reduce human intervention and help in cost saving in logistics companies. The market for Standard Delivery is expected to lead in the coming future due to the fact that express deliveries are expensive compared to standard deliveries, however, there will be a growth in terms of express deliveries owing to the fact that companies will offer cost-effective express deliveries.
Over the forecast period, KSA E-commerce logistics market is expected to drive up the demand because of expected surge in internet penetration, especially its exposure to the youth. Due to the COVID-19 outbreak, there has been a shift from offline sales to online sales, which is expected to ensure substantial growth in the future as well. The e-commerce logistics market in the country is expected to grow on the back of new technologies such as Automation, Blockchain, and the Internet of Things, which will be explored to increase efficiency, improve customer experience and enhance service quality.
The South Korea E-Commerce Logistics Market witnessed significant growth during the period 2018-2021, owing to the consistently increasing digitalization process in the country. In the coming years, higher smartphones penetration rate, better internet connectivity as well as vision 2030 of South Korea will play an important role in increasing the reach of E-commerce last-mile shipments all across the country. It is expected that the growing e-commerce sector will create opportunities in intracity logistics eventually since South Korea has a well-developed transportation system. So, the orders can be delivered easily from one place to another.
Australia Ecommerce Logistics Market is Expected to grow with a high CAGR, between 2021-2026F, one of the major determinants for the surging growth in the coming years is the Growing Count of Logistics Startup, Burgeoning Demand for Last-mile Delivery Service, Trucking Services through Online Marketplace, Rising Demand of Door-to-door Parcel Pickup & Delivery Services and the augmenting use of EVs for Transportation. Higher digitization and the usage of Artificial Intelligence and Machine Learning is making easier and helping in assessing the different possibilities of E-Commerce Logistics Market, and others areas, such as Drop Shipping, Quick commerce, sustainable packaging material etc, which has flourished the Australia Ecommerce Logistics Market.
Artificial Intelligence
Identity Governance & Administration Market Projected to Reach $24.42 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 25, 2024 /PRNewswire/ — The report titled “Identity Governance & Administration Market by Component (Services, Solution), Modules (Access Certification & Compliance Control, Access Management, Identity Lifecycle Management), Organization Size, Deployment, Vertical – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $8.46 billion in 2023 to reach $24.42 billion by 2030, at a CAGR of 16.34% over the forecast period.
“Navigating Global Identity Governance With Key Strategies for Digital Security and Compliance”
Identity governance and administration (IGA) has emerged as a critical policy-driven approach aimed at fortifying digital identities within organizations, ensuring that proper access is provided to the right individuals for valid reasons. Across the globe, the demand for IGA solutions is on the rise, driven by the need to tackle sophisticated cyber threats, comply with stringent data protection laws, and adapt to the digitization wave sweeping through industries. Challenges include integrating these solutions with pre-existing IT frameworks, primarily in organizations reliant on legacy systems. The North American market, led by the United States and Canada, is at the forefront of this expansion, embracing technological advancements and stringent regulatory standards. Meanwhile, the Europe, Middle East, and Africa (EMEA) region is navigating its unique landscape, with the EU focusing heavily on compliance through GDPR and the Middle East and Africa gradually recognizing the value of digital security. The Asia-Pacific region is witnessing a significant uptrend in IGA solutions adoption, spurred by digital transformation initiatives and cybersecurity awareness, with China and India playing pivotal roles. This global perspective highlights the universal importance of IGA in today’s digital era, highlighting the critical balance between innovation, security, and regulatory compliance in safeguarding digital identities.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/identity-governance-administration
“Navigating the New Normal With The Crucial Role of Identity Governance in Securing Hybrid Work Environments”
As businesses globally embrace the fusion of remote and traditional office work, the need for secure, hybrid workspaces becomes paramount. The shift toward flexible working models, accelerated by the COVID-19 pandemic, highlights the importance of cybersecurity and accessibility in ensuring operational continuity and a better work-life balance. Identity governance & administration (IGA) systems emerge as essential tools within this evolving work landscape. They enable organizations to manage digital identities and access rights effectively, safeguarding sensitive data against unauthorized access across diverse working environments. By ensuring that only credentialed employees can access critical information, regardless of their physical location, IGA solutions stand at the forefront of maintaining cybersecurity compliance and operational integrity. This development signifies a growing demand for robust identity governance frameworks, ensuring businesses remain resilient and secure in remote work and beyond.
“Elevating Security and Efficiency in Organizations through Specialized Identity Governance & Administration Services”
Managed and professional services provide organizations with the specialized expertise necessary for optimizing the performance and security of identity governance & administration (IGA) systems, eliminating the need for such in-depth knowledge internally. Businesses benefit from advanced skills that enhance system functionality and safeguard sensitive data by outsourcing specific IGA tasks. From the initial stages of integration and implementation, ensuring seamless incorporation with existing infrastructures, to ongoing support and maintenance for consistent system reliability and up-to-dateness, these services form the foundation of effective IGA strategies. Furthermore, training and consulting play a pivotal role, equipping companies with the understanding and capability to utilize their IGA systems to the fullest. IGA solution is a critical technological tool designed to streamline the management of user access rights across organizations, bolstering security, operational efficiency, and compliance with regulatory standards. This comprehensive approach to IGA facilitates a more secure, efficient, and compliant organizational environment, empowering businesses to focus on core objectives and ensure their data remains protected.
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“International Business Machines Corporation at the Forefront of Identity Governance & Administration Market with a Strong 7.09% Market Share”
The key players in the Identity Governance & Administration Market include Broadcom, Inc., SAP SE, Oracle Corporation, Microsoft Corporation, International Business Machines Corporation, and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Identity Governance & Administration Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Identity Governance & Administration Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Identity Governance & Administration Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/identity-governance-administration
“Dive into the Identity Governance & Administration Market Landscape: Explore 197 Pages of Insights, 654 Tables, and 26 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsIdentity Governance & Administration Market, by ComponentIdentity Governance & Administration Market, by ModulesIdentity Governance & Administration Market, by Organization SizeIdentity Governance & Administration Market, by DeploymentIdentity Governance & Administration Market, by VerticalAmericas Identity Governance & Administration MarketAsia-Pacific Identity Governance & Administration MarketEurope, Middle East & Africa Identity Governance & Administration MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/identity-governance-administration
Related Reports:
Privileged Identity Management Market – Global Forecast 2024-2030Identity & Access Management Professional Services Market – Global Forecast 2024-2030Digital Identity Solutions Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
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Artificial Intelligence
Enghouse Video Partners With SONIFI Health To Deliver Advanced Telehealth Solutions In Hospital Rooms
MARKHAM, ON, April 25, 2024 /PRNewswire/ — Enghouse Video, a global leader in cutting-edge video technology solutions, today announced its partnership with SONIFI Health, enhancing virtual care in hospital settings.
SONIFI Health is a leading U.S. healthcare technology company based in Sioux Falls, South Dakota. The new partnership leverages and integrates Enghouse Video room systems technology to support SONIFI Health’s commitment to expanding telehealth applications and system optimizations in hospital settings.
Enghouse’s VidyoRooms solution, a sophisticated video conferencing technology that combines both software and hardware solutions, has been fully integrated into SONIFI Health’s interactive TV systems. This integration provides up to 4K high-quality video conferencing, multi-party sessions and robust security features that ensure full compliance with healthcare regulations.
Enghouse Video offers an immersive telehealth platform to support collaborative interdisciplinary care, improved patient outcomes and cost savings. The platform is flexible and simple, delivering the reliability, interoperability, and scalability needed for today’s healthcare environment. A key strength of the partnership is its offering of back-end integrations like patient portals, medical devices, EMR, tele-sitting, remote patient observation and consultation.
“Hospitals can choose the telehealth partner that’s right for them, and we incorporate that solution with interactive TV,” said Brian Nido, SONIFI Health’s Vice President of Customer Success. “Using the hardware and systems they already have in patient rooms helps hospitals reduce costs and maximize the value of their existing investments, while benefiting both clinicians and patients.”
SONIFI Health and Enghouse Video continue to collaborate closely to further refine and enhance the telehealth solutions provided to healthcare facilities. This partnership reflects a shared commitment to leveraging technology to create smarter hospital rooms and improve patient care across the healthcare spectrum.
About Enghouse VideoEnghouse Video, part of the Enghouse Interactive division, is a subsidiary of Enghouse Systems Limited, a vertically focused software and services company traded on the Toronto Stock Exchange (TSX: ENGH). Through highly secure, scalable and flexible Cloud-based or On Prem services, we deliver one of the world’s highest quality and most innovative video platform to video-enable any application or idea. From advanced video conferencing and collaboration tools to state-of-art enterprise video management, Enghouse Video is a unique player in multiple markets, including telehealth. Learn more at www.enghousevideo.com, read our blog, or follow us on Twitter at @EnghouseVideo, on LinkedIn, and on Facebook.
About SONIFI HealthSONIFI Health provides market-leading interactive patient engagement technology proven to improve patient outcomes and staff productivity. The EHR-integrated platform is designed to enhance patient and family experiences while increasing staff satisfaction and organizations’ operational efficiencies. As part of SONIFI Solutions, Inc., the company annually supports more than 300 million end user experiences. Learn more at sonifihealth.com.
Enghouse Video Contact: Sylvain Awad, Director, Demand Generation, Enghouse Video, part of Enghouse Interactive Division, [email protected]
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Artificial Intelligence
Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow
Multinational Insurance Broker to deploy 3CLogic’s solution with ServiceNow’s Financial Service Operations (FSO) platform to streamline customer experiences.
ROCKVILLE, Md., April 25, 2024 /PRNewswire/ — 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization’s use of ServiviceNow’s Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties.
Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic’s AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting.
“We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use,” explains Matt Durkin, VP of Global Sales at 3CLogic. “It’s no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We’re proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes.”
Recently named to Constellation Research’s 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow’s IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow’s annual Knowledge 2024 event this May in Las Vegas.
For more information, please contact [email protected].
About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
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