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Cloud Logistics Market Share

Report ID: GMI10656
Published Date: Aug 2024
Report Format: PDF

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Cloud Logistics Market Share

IBM Corporation and Oracle Corporation hold a significant market share of over 10% in the cloud logistics industry in 2023. IBM Corporation integrates its AI and data analytics capabilities into its cloud logistics solutions through platforms like IBM Watson. These technologies enhance predictive analytics, optimize supply chain processes, and provide actionable insights for improving operational efficiency.

Oracle Corporation focuses on developing tailored cloud logistics solutions for specific industries, such as retail, manufacturing, and healthcare. These industry-specific solutions address the unique requirements and challenges faced by different sectors, providing customized features and functionalities.

Cloud Logistics Market Companies

Major companies operating in the cloud logistics industry are:

C. H. Robinson
Descartes Systems Group
Detrack Systems
IBM Corporation
Magaya Corporation
Microsoft Corporation
Oracle Corporation
SAP SE
Trimble Inc.
MetricStream, Inc.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of cloud logistics reached USD 21.2 billion in 2023 and is expected to register over 12% CAGR from 2024-2032, owing to the rapid growth of the e-commerce sector worldwide.

Cloud logistics industry from the large enterprises segment is expected to reach over USD 35 billion by 2032, due to large enterprises often dealing with complex and global supply chains that require efficient management.

North America market held over 35% share in 2023, due to advanced technological infrastructure and high adoption rates of digital solutions across industries in the region.

C. H. Robinson, Descartes Systems Group, Detrack Systems, IBM Corporation, Magaya Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Trimble Inc., and MetricStream, Inc., are some of the major cloud logistics companies worldwide.