The Asia Pacific Digital Logistics Market would witness market growth of 17.8% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Digital Logistics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6.93 billion by 2031. The Japan market is registering a CAGR of 17.1% during 2024-2031. Additionally, the India market would showcase a CAGR of 18.7% during 2024-2031.
In addition, e-commerce has significantly influenced the logistics market. The need for efficient order processing, real-time tracking, and quick delivery has led to increased adoption of digital solutions catering to online retail demands. Companies across various industries are adopting these logistics solutions to enhance operational efficiency. Automation, real-time data, and advanced analytics help businesses streamline processes, reduce costs, and improve supply chain performance.
Likewise, as businesses expand, managing complex supply chains becomes challenging. These logistics solutions provide the tools to handle multi-tiered supply chains, coordinate with partners, and ensure seamless operations. Adherence to regulatory requirements and standards, such as customs regulations and environmental policies, drives the adoption of these logistics solutions. These solutions facilitate compliance by automating documentation, managing risk, and ensuring transparency.
China’s status as the world’s largest manufacturing hub drives massive production volumes, necessitating advanced logistics solutions for managing large-scale distribution, optimizing supply chains, and ensuring timely delivery of goods domestically and internationally. The value-added industrial output, a critical economic indicator, increased by 4.6 percent year over year in 2023, according to the State Council of the People's Republic of China. India invests heavily in improving logistics infrastructure, including constructing new highways, ports, and logistics parks. Digital logistics solutions are essential for managing these expanded networks, optimizing routes, and enhancing overall efficiency. The Indian government implemented the National Logistics Policy (NLP) on September 17, 2022, by the Investment Promotion and Facilitation Agency. The policy's objective is to reduce the cost of logistics from the current 13-14% to a level consistent with that of other developed countries. Therefore, the increasing manufacturing sector and expansion of the logistics industry in the region are driving the market's growth.
The China market dominated the Asia Pacific Digital Logistics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6.93 billion by 2031. The Japan market is registering a CAGR of 17.1% during 2024-2031. Additionally, the India market would showcase a CAGR of 18.7% during 2024-2031.
In addition, e-commerce has significantly influenced the logistics market. The need for efficient order processing, real-time tracking, and quick delivery has led to increased adoption of digital solutions catering to online retail demands. Companies across various industries are adopting these logistics solutions to enhance operational efficiency. Automation, real-time data, and advanced analytics help businesses streamline processes, reduce costs, and improve supply chain performance.
Likewise, as businesses expand, managing complex supply chains becomes challenging. These logistics solutions provide the tools to handle multi-tiered supply chains, coordinate with partners, and ensure seamless operations. Adherence to regulatory requirements and standards, such as customs regulations and environmental policies, drives the adoption of these logistics solutions. These solutions facilitate compliance by automating documentation, managing risk, and ensuring transparency.
China’s status as the world’s largest manufacturing hub drives massive production volumes, necessitating advanced logistics solutions for managing large-scale distribution, optimizing supply chains, and ensuring timely delivery of goods domestically and internationally. The value-added industrial output, a critical economic indicator, increased by 4.6 percent year over year in 2023, according to the State Council of the People's Republic of China. India invests heavily in improving logistics infrastructure, including constructing new highways, ports, and logistics parks. Digital logistics solutions are essential for managing these expanded networks, optimizing routes, and enhancing overall efficiency. The Indian government implemented the National Logistics Policy (NLP) on September 17, 2022, by the Investment Promotion and Facilitation Agency. The policy's objective is to reduce the cost of logistics from the current 13-14% to a level consistent with that of other developed countries. Therefore, the increasing manufacturing sector and expansion of the logistics industry in the region are driving the market's growth.
List of Key Companies Profiled
- Cognizant Technology Solutions Corporation
- Softlink Global (Constellation Software, Inc.)
- Blue Yonder Group, Inc. (Panasonic Holdings Corporation)
- SAP SE
- Advantech Co., Ltd.
- Oracle Corporation
- IBM Corporation
- Siemens AG
- Bristlecone (Mahindra Group)
- Honeywell International, Inc.
Market Report Segmentation
By Deployment Mode
- On - Premises
- Cloud
By Solutions
- Tracking & Monitoring
- Data & Analytics
- Fleet Management Systems
- Electronic Data Interchange (EDI) Systems
- Others
By Application
- Transport Management
- Warehouse Management
- Labor Management
- Others
By End User
- Manufacturing
- Retail & Consumer Goods
- Healthcare
- Energy & Utilities
- Automotive
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Digital Logistics Market by Deployment Mode
Chapter 6. Asia Pacific Digital Logistics Market by Solutions
Chapter 7. Asia Pacific Digital Logistics Market by Application
Chapter 8. Asia Pacific Digital Logistics Market by End User
Chapter 9. Asia Pacific Digital Logistics Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Cognizant Technology Solutions Corporation
- Softlink Global (Constellation Software, Inc.)
- Blue Yonder Group, Inc. (Panasonic Holdings Corporation)
- SAP SE
- Advantech Co., Ltd.
- Oracle Corporation
- IBM Corporation
- Siemens AG
- Bristlecone (Mahindra Group)
- Honeywell International, Inc.
Methodology
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