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High-tech Logistics Market Share

Report ID: GMI12276
Published Date: Nov 2024
Report Format: PDF

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High-tech Logistics Market Share

DHL, UPS, and CEVA Logistics collectively held a substantial market share of over 8% in the high-tech logistics industry in 2024. DHL has enhanced its e-commerce logistics and last-mile delivery services through its "DHL eCommerce Solutions" division. This initiative is crucial in high-tech logistics, where rapid and efficient delivery is essential for high-value goods. DHL's "Digitalization Strategy" leverages AI for demand forecasting and IoT sensors for shipment monitoring, ensuring greater transparency and responsiveness.

UPS prioritizes automation and advanced analytics, utilizing AI, robotics, and machine learning to streamline operations and reduce costs. Its "Smart Logistics Network" employs predictive analytics and machine learning to optimize package routing and delivery.

CEVA offers integrated supply chain solutions, providing end-to-end services including transportation, warehousing, and value-added logistics. This model appeals to high-tech clients by offering streamlined supply chain management. CEVA targets industries with complex logistics needs, such as automotive, healthcare, and technology. By providing specialized logistics services, CEVA ensures precision, security, and compliance for high-tech clients, strengthening its competitive position in this niche market.

High-tech Logistics Market Companies

Major players operating in the high-tech logistics industry are:

Aramex
CEVA Logistics
DB Schenker
DHL Supply Chain
FedEx
Kerry Logistics
Kuehne + Nagel
Rhenus Logistics
UPS
XPO Logistics

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of high-tech logistics reached USD 47.7 billion in 2024 and is set to grow at a 14.5% CAGR from 2025 to 2034, driven by innovations in autonomous vehicles and drone technology.

In 2024, the transportation management segment accounted for over 40% of the market share and is anticipated to exceed USD 65 billion by 2034, thanks to the adoption of digital platforms enhancing collaboration and information sharing.

The U.S. market held a 75% revenue share in 2024, leading in warehouse automation and robotics integration.

Key players in the industry include Aramex, CEVA Logistics, DB Schenker, DHL Supply Chain, FedEx, Kerry Logistics, Kuehne + Nagel, Rhenus Logistics, UPS, and XPO Logistics.