GITNUX MARKETDATA REPORT 2024

Logistics Software Industry Statistics

The logistics software industry is projected to experience steady growth, driven by increasing demand for efficiency and automation in supply chain management.

In this post, we will explore a comprehensive overview of statistics within the logistics software industry. From the significant investments planned by companies in resilience technology to the soaring market values and growth projections, these insights shed light on the evolving landscape of logistics and transportation management systems. Join us as we delve into the data shaping the future of this dynamic sector.

Statistic 1

"52% of companies plan to invest in resilience technology within the next two years."

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Statistic 2

"The global logistics market size was valued at USD 4.6 trillion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2019 to 2025."

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Statistic 3

"The global transportation management systems market accounted for USD 78.20 billion in 2020."

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Statistic 4

"The warehouse management system market is expected to grow at a CAGR of 15.5% from 2020 to 2025."

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Statistic 5

"Blockchain in logistics market size was valued at USD 41.5 million in 2018 and is expected to witness a CAGR of 80.2% over the forecast period."

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Statistic 6

"55% of shippers are currently using supply chain visibility tools and 38% are looking to implement or upgrade existing systems."

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Statistic 7

"North America holds the largest share in the global transport management system market at 40.41% in 2019."

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Statistic 8

"The transport management systems market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period."

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Statistic 9

"The demand for supply chain management software was valued at $14.5 billion in 2019."

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Statistic 10

"The European logistics market is expected to grow to $325 billion by 2021."

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Statistic 11

"Global In-vehicle Infotainment Market will reach more than US$ 33.8 Billion by the end of 2021."

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Statistic 12

"In 2018, the Transportation Management Systems (TMS) market size was USD 61 billion and it is expected to reach USD 198 billion by the end of 2025."

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Statistic 13

"The global market for Warehouse Management Systems (WMS) is expected to reach over CAD 3.6 billion within the next five years."

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Statistic 14

"The global Big Data in the transportation industry was valued at USD 30.3 billion in 2020 and expected to reach USD 128.54 billion by 2026."

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Statistic 15

"Fleet management market size is expected to grow from USD 15.9 billion in 2020 to USD 31.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.7%."

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Statistic 16

"The supply chain analytics market is projected to reach USD 7.1 billion by 2023, up from USD 3.0 billion in 2018, at a CAGR of 18.2%."

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Statistic 17

"83% of those surveyed anticipated they would proceed with investments in new technology during the pandemic, with the goal of increasing resilience in their supply chains."

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Statistic 18

"60% of all freight is moved via truck, the largest percentage of any type of transportation."

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Statistic 19

"The logistics software market is expected to reach a value of USD 2.6 billion by 2026, up from USD 1.6 billion in 2020."

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Statistic 20

"The adoption of IoT in the transportation and logistics industry is expected to reach $40 billion by 2020."

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The statistics presented emphasize a significant shift towards technology and innovation in the logistics and transportation industry, with a noticeable focus on enhancing supply chain resilience and efficiency. Companies are increasingly investing in technology such as transportation management systems, warehouse management systems, supply chain visibility tools, and blockchain, driving market growth projections across various sectors. The increasing demand for logistics software, coupled with the adoption of IoT and big data analytics, highlights a crucial trend towards digitization and optimization in the industry. These numbers underscore the industry’s recognition of the importance of technology in meeting current challenges and driving future growth.

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