ICT Market in Transport and Logistics Size, Share, Growth [2026 Report]

0

Transport and Logistics Sector ICT Market Overview

The global transport and logistics sector ICT market was valued at US$ 183.05 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 13.02% to reach US$ 337.60 billion by 2027. The cumulative revenue generation for ICT in the transport and logistics sector is estimated at US$ 1,496.81 billion for 2022-2027.

Transport and Logistics Sector ICT Market Outlook, 2022-2027 (US$ Billion)

Transport and Logistics Sector ICT Market Outlook, 2022-2027 (US$ Billion)

Buy the Full Report for More Insights into the Transport and Logistics Sector ICT Market Forecast

Download a Free Report Sample

The ‘Transport and Logistics Sector ICT Market’ opportunity forecast report provides the total addressable market for ICT solutions in the transport and logistics sector from 2019 to 2027.

Market Size (2022) US$ 183.05 billion
Market Size (2027) US$ 337.60 billion
CAGR (2022-2027) 13.02%
Key Regions ·        North America

·        South & Central America

·        Western Europe

·        Central & Eastern Europe

·        Middle East & Africa

·        Asia Pacific

Key IT Solutions •      Application Development and Management (3 Products/Services)

•      Artificial Intelligence (4 Products/Services)

•      Business Process Applications (9 Products/Services)

•      Business Process Outsourcing (6 Products/Services)

•      Client Computing (10 Products/Services)

•      Cloud Computing (7 Products/Services)

•      Communications and Collaboration (10 Products/Services)

•      Consulting & Integration Services (3 Products/Services)

•      Data and Analytics (6 Products/Services)

•      Data Center and Hosting (2 Products/Services)

•      Edge Computing (11 Products/Services)

•      Internet of Things (IoT) (3 Products/Services)

•      IT Management (11 Products/Services)

•      Mobility (5 Products/Services)

•      Networking (18 Products/Services)

•      Security (17 Products/Services)

•      Servers (4 Products/Services)

•      Storage (7 Products/Services)

Enquire & Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.

Transport and Logistics Sector ICT Market Segmentation by Region

The ICT market in the transport and logistics sector is geographically segmented into North America, South and Central America, Western Europe, Central and Eastern Europe, Middle East and Africa, and the Asia Pacific.

Asia Pacific dominated the transport and logistics ICT market with a revenue share of 37.8% in 2022. Undoubtedly, China was the major contributor to the transport and logistics sector ICT market growth in this region. On the other hand, North America and Western Europe were the second and third-largest revenue contributors with shares of 21.8% and 21.7%, respectively.

Transport and Logistics Sector ICT Market Share by Region, 2022 (%)

Transport and Logistics Sector ICT Market Share by Region, 2022 (%)

Buy the Full Report for More Geographical Insights into the Transport and Logistics Sector ICT Market

Download a Free Report Sample

Transport and Logistics Sector ICT Market Segmentation by IT Solution

The Internet of things (IoT), cloud computing, networking, client computing, consulting and integration services, business process outsourcing, communications and collaboration, application development and management, business process applications, and IT management among others are a few of the key end-use industries of IT Solutions in their operations.

In terms of IT solutions end-use segments, Internet of things (IoT) was the leading segment with a market share of 16.8%, followed by cloud computing. However, artificial intelligence is expected to be the fastest-growing segment with an estimated CAGR of 35.72% during the forecast period.

Transport and Logistics Sector ICT Market Share by IT Solution, 2022 (%)

Transport and Logistics Sector ICT Market Share by IT Solution, 2022 (%)

Buy the Full Report for More IT Solution Insights into the Transport and Logistics Sector ICT Market

Download a Free Report Sample

Scope

  • This product provides revenue opportunity forecasts for ICT products and services in the transport and logistics sector from 2019 to 2027.
  • The revenue opportunity forecasts for the market cover 18 IT solutions, 133 products/services, 6 regions, and 52 geographies. The details of the IT solutions and the corresponding products/services have been provided.

Key Highlights

  • The global ICT in the transport and logistics sector market is expected to grow at a CAGR of 02% during the forecast period.
  • The sector’s top three product/service categories – IoT Software, IoT Hardware, and SaaS.
  • Asia Pacific is expected to be the highest regional contributor with a market share of 8%, in the global ICT market in the transport and logistics sector, during the forecast period. Asia Pacific and Western Europe will follow with market shares of 21.8% and 21.7%, respectively. The Middle East Africa, Central and Eastern Europe, and South and Central America together are expected to account for the remaining market share of 18.7%.
  • IoT Software is expected to be the leading product/service segment of the ICT in the transport and logistics sector market during the forecast period.

Reasons to Buy

  • Assess the historical data (past 4 years), current state, and expected growth (next 5 years) of ICT in the transport and logistics sector.
  • Identify the fastest growing products/services within ICT in the transport and logistics sector
  • Determine the most lucrative IT Solution for ICT in the transport and logistics sector by reviewing their current contribution to the overall ICT in the transport and logistics sector market and their expected input toward the market growth over the next 5 years.
  • Identify the geographies/countries that would support the ICT market in the transport and logistics sector over the next 5 years.
  • Build proactive and profitable growth strategies thorough our forward-looking analysis of transport and logistics sector enterprise ICT investment trends and key opportunities in a concise format to help executives.

link

Leave a Reply

Your email address will not be published. Required fields are marked *