Home > Automotive > Automotive Logistics > Big Data in Logistics Market

Big Data in Logistics Market Share

Report ID: GMI10677
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

Big Data in Logistics Market Share

IBM and Microsoft Corporation dominate the market with around 11% market share in 2023. IBM integrates advanced analytics and AI into its logistics solutions. Utilizing IBM Watson and IBM Analytics, the company provides logistics firms with tools for predictive analytics, machine learning, and artificial intelligence. These tools assist in demand forecasting, route optimization, and supply chain risk management.

The company’s focus on cloud computing ensures scalable and flexible big data solutions. Through Cloud, logistics companies can deploy applications, manage large data volumes, and scale operations efficiently. This cloud-centric approach is crucial for enabling real-time data processing, essential for modern logistics operations.

Microsoft Azure provides scalable and flexible cloud infrastructure designed to meet the dynamic needs of the logistics industry. This enables logistics companies to manage large volumes of data efficiently, ensuring robust storage, processing, and analytics capabilities. Additionally, Azure Synapse Analytics integrates big data and data warehousing, allowing logistics firms to run complex queries and generate insights rapidly. Its support for real-time analytics is crucial for decision-making in logistics operations.

Big Data in Logistics Market Companies

Major players operating in the big data in logistics industry are:

IBM
Microsoft Corporation
Oracle Corporation
SAP
AWS
Blue Yonder
Teradata

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of big data in logistics reached USD 4.3 billion in 2023 and is set to register over 21.5% CAGR from 2024 to 2032, owing to the rising expansion of global supply chains, generating vast amounts of data from multiple sources worldwide.

Big data in logistics industry from the software segment held over 51% share in 2023, due to increasing demand for real-time data analysis and predictive insights.

North America market accounted for 35% share in 2023, attributed to advancements in technology and increasing demand for efficient logistics solutions in the region.

IBM, Microsoft Corporation, Oracle Corporation, SAP, AWS, Blue Yonder, and Teradata, are some of the major big data in logistics companies worldwide.