The Latin America, Middle East and Africa Cloud Logistics Market is expected to witness market growth of 16.3% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Cloud Logistics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $987.9 million by 2031. The Argentina market is registering a CAGR of 17.8% during 2024-2031. Additionally, the UAE market is expected to showcase a CAGR of 15.1% during 2024-2031.
The adoption of cloud logistics has accelerated over the past decade as businesses increasingly recognize its numerous benefits, including cost efficiency, scalability, and improved supply chain coordination. The logistics sector has recently experienced a digital revolution as businesses have embraced cutting-edge technologies like big data analytics, AI, and the Internet of Things (IoT).
Moreover, cloud logistics solutions provide a foundation for integrating these technologies, enabling organizations to collect and analyze vast amounts of data from various sources. Logistics companies can modernize their operations using cloud platforms and adopt innovative solutions that improve efficiency and reduce costs.
The increasing adoption of e-commerce in the UAE and cloud computing in Saudi Arabia are driving significant growth in the cloud logistics market across the GCC region. As both countries leverage technology to enhance business operations, logistics, and supply chains, the demand for cloud-based logistics solutions is accelerating. The e-commerce industry in the United Arab Emirates has had a remarkable expansion, with a record $3.9 billion in 2020, or 10% of total retail sales. With projections estimating the sector to reach $8 billion by 2025, the rise in online shopping is creating an increased demand for advanced logistics and supply chain solutions.
The Brazil market dominated the LAMEA Cloud Logistics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $987.9 million by 2031. The Argentina market is registering a CAGR of 17.8% during 2024-2031. Additionally, the UAE market is expected to showcase a CAGR of 15.1% during 2024-2031.
The adoption of cloud logistics has accelerated over the past decade as businesses increasingly recognize its numerous benefits, including cost efficiency, scalability, and improved supply chain coordination. The logistics sector has recently experienced a digital revolution as businesses have embraced cutting-edge technologies like big data analytics, AI, and the Internet of Things (IoT).
Moreover, cloud logistics solutions provide a foundation for integrating these technologies, enabling organizations to collect and analyze vast amounts of data from various sources. Logistics companies can modernize their operations using cloud platforms and adopt innovative solutions that improve efficiency and reduce costs.
The increasing adoption of e-commerce in the UAE and cloud computing in Saudi Arabia are driving significant growth in the cloud logistics market across the GCC region. As both countries leverage technology to enhance business operations, logistics, and supply chains, the demand for cloud-based logistics solutions is accelerating. The e-commerce industry in the United Arab Emirates has had a remarkable expansion, with a record $3.9 billion in 2020, or 10% of total retail sales. With projections estimating the sector to reach $8 billion by 2025, the rise in online shopping is creating an increased demand for advanced logistics and supply chain solutions.
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 OS Type
- Web-based
- Native
By Enterprise Size
- Large Enterprises
- SMEs
By Type
- Public
- Private
- Hybrid
- Multi
By Industry Vertical
- Retail
- Healthcare
- Food & Beverage
- Consumer Electronics
- Automotive
- Other Industry Vertical
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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. LAMEA Cloud Logistics Market by OS Type
Chapter 6. LAMEA Cloud Logistics Market by Enterprise Size
Chapter 7. LAMEA Cloud Logistics Market by Type
Chapter 8. LAMEA Cloud Logistics Market by Industry Vertical
Chapter 9. LAMEA Cloud 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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