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Machine Learning in Logistics Market Share

  • Report ID: GMI10157
  • Published Date: Jul 2024
  • Report Format: PDF

Machine Learning in Logistics Market Share

IBM, Amazon Web Services, and Microsoft Corporation hold a significant market share of over 15% in ML in Logistics industry. The major players are focusing on leveraging advanced technologies and strategic partnerships to enhance their service offerings. They are investing heavily in digital solutions to improve supply chain visibility, data analytics, and automation. By integrating these technologies, they aim to provide more efficient and reliable services, ensuring end-to-end supply chain management. In addition, these companies are also expanding their global reach through acquisitions and partnerships, enabling them to offer comprehensive logistics solutions across multiple regions and industries.
 

Further, these key players are prioritizing sustainability and resilience in their operations. They are adopting green logistics practices, such as optimizing transportation routes to reduce carbon emissions and implementing energy-efficient warehousing solutions. The focus on sustainability helps them meet regulatory requirements and also appeals to environmentally conscious customers. In terms of resilience, they are developing more agile and flexible supply chain strategies to mitigate risks and handle disruptions, ensuring continuity and reliability for their clients. This approach helps them maintain a competitive edge in the evolving logistics landscape.
 

Machine Learning in Logistics Market Companies

Major players operating in the machine learning in logistics industry are:

  • Amazon Web Services, Inc. (AWS)
  • Blue Yonder Group, Inc.
  • C.H. Robinson Worldwide, Inc.
  • Coupa Software Inc.
  • DHL Supply Chain
  • FedEx Corporation
  • Google LLC
  • International Business Machines Corporation (IBM)
  • Locus Robotics Corporation
  • Manhattan Associates, Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of machine learning in logistics reached USD 2.8 billion in 2023 and is set to witness over 23% CAGR from 2024 to 2032, owing to the implementation of machine learning algorithms on machinery and vehicle data worldwide.

Machine learning in logistics industry from the software segment reached over USD 1.5 billion in 2023, due to being highly customizable, allowing logistics companies to tailor ML applications to specific needs such as fraud detection, supply chain visibility, and customer service enhancements.

North America market held over 30% share in 2023, attributed to an advanced technology landscape and substantial investments in AI and machine learning in the region.

DHL Supply Chain, FedEx Corporation, Google LLC, International Business Machines Corporation (IBM), Locus Robotics Corporation, Manhattan Associates, Inc., Microsoft Corporation, Oracle Corporation, and SAP SE, are some of the major machine learning in logistics companies worldwide.

Machine Learning in Logistics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 280
  • Countries covered: 21
  • Pages: 265
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