Market research reports, consulting: Global Market Insights Inc.

Home > Automotive > Automotive Logistics > Logistics Technology > automotive logistics management software market

Automotive Logistics Management Software Market Trends

Report ID: GMI10100 Published Date: July 2024Report Format: PDF
Download Free Sample
Summary
Table of Content

Automotive Logistics Management Software Market Trends

Software suppliers for automotive logistics are progressively integrating AI and ML functionalities to enhance decision-making, optimize route planning, forecast demand, and mechanize monotonous activities. Improved visibility, efficiency, and cost reductions are made possible by these technologies in logistics operations.

For instance, in January 2023, Ceres Technology partnered with Boomi Technology. Through a specially designed Boomi connector, Nostradamus software from Ceres Technologies enhances Boomi solutions, enabling quick and simple integration of Nostradamus into its clients' current supply chain systems. Through the collaboration, Ceres has enhanced the partner ecosystem's services by providing enterprises aiming to optimize their logistics network with AI-driven supply chain risk management.

Moreover, predictive analytics and demand forecasting methods are being used by automotive logistics software to forecast future demand, optimize inventory levels, and enhance resource allocation. Businesses can make well-informed decisions and take proactive measures to address supply chain difficulties by examining historical data and industry patterns.

Author: Preeti Wadhwani, Aishwarya Ambekar
Frequently Asked Question(FAQ) :

What is the size of the automotive logistics management software market?+

The market size of automotive logistics management software reached USD 7.8 billion in 2023 and is set to witness over 6.3% CAGR between 2024 and 2032, led by the increasing automobile manufacturing.

Why is the use of cloud automotive logistics management software growing?+

The cloud segment in the automotive logistics management software industry is expected to hold over 63% share in 2023, as automotive companies swiftly scale up or down in response to changing demand and business requirements.

How big is the North America automotive logistics management software market?+

North America market recorded over 32% share in 2023, attributed to technological innovation where automotive businesses are looking for innovative logistics management software.

Mention the key players involved in automotive logistics management software industry?+

SAP SE, Oracle Corporation, Blue Yonder, Bosch Service Solutions GmbH, Ceres Technology Inc., Infor Corporation, Kinaxis, inc., Manhattan Associates, Inc, and Basware Oy

Automotive Logistics Management Software Market Scope

Related Reports

Buy Now

Buy Now

Premium Report Details

Download Free Sample