Global E-commerce Logistics Market 2019-2023| Technological Advances in E-commerce Logistics to Boost Demand | Technavio

The global e-commerce logistics market will post a CAGR of close to 11% during the period 2019-2023

LONDON--(BUSINESS WIRE)--Apr 12, 2019--The global e-commerce logistics market is expected to post a CAGR of close to 11% during the period 2019-2023, according to the latest market research report by Technavio.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190412005026/en/

The global e-commerce logistics market will post a CAGR of close to 11% during the period 2019-2023 (Graphic: Business Wire)

Cross-border e-commerce has been increasing significantly in countries such as the US, China, Singapore, Indonesia, Australia, France, Mexico, and India. Retailers get the opportunity to expand their businesses outside their often-saturated home market and tap into newer markets through cross-border e-commerce. As logistics play an essential role in the movement of goods from one country to another, the growth of cross-border trade will simultaneously increase the demand for e-commerce logistics during the forecast period.

As per Technavio, the automation of e-commerce logistics will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global e-commerce logistics market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global e-commerce logistics market: Technological advances in e-commerce logistics

In recent years, the e-commerce logistics market has been witnessing constant technological advancements, which have been creating new opportunities for the vendors in the market. For instance, blockchain technology, which was launched recently has revolutionized e-commerce logistics. The use of blockchain technology offers efficient and cost-saving business operations for e-commerce logistics companies. By using the smart contracts in the blockchain, customs clearance becomes quicker and more efficient as it helps to reduce the processing time for goods at customs checkpoints. Likewise, advances in printed electronics technology are making e-commerce logistics economical by reducing the previously prohibitive costs associated with this technology. Such technological advancements are expected to positively impact the growth of the e-commerce logistics market during the forecast period.

“With the expansion of digital payments, cheaper and faster mobile Internet connections, and growing comfort level with shopping online is leading to the growth of the e-commerce industry which is encouraging a surge of new entrants in the market. A large number of e-commerce start-ups are emerging in developing countries such as India, Brazil, and Mexico. This will propel the growth of the e-commerce logistics market during the forecast period,” says a senior analyst at Technavio.

Global e-commerce logistics market: Segmentation analysis

This market research report segments the global e-commerce logistics market by service (transportation, warehousing, and others) and geographic regions (APAC, Europe, MEA, North America, and South America).

The transportation segment held the largest e-commerce logistics market share in 2018. This is due to the increasing use of different modes of transport such as road, rail, air, and water. The importance of transportation is growing in the e-commerce logistics process as various large and small logistics companies are focusing on last-mile delivery.

The APAC region led the market in 2018 with a market share of more than 28%, followed by North America, Europe, South America, and MEA respectively. The dominant market share of APAC can be attributed to the rise in population in the region, which has created an increase in the overall demand for goods through the online channel.

Looking for more information on this market?Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL INTERNET TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT RETAIL

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 04/12/2019 09:16 AM/DISC: 04/12/2019 09:16 AM

Copyright Business Wire 2019.

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

PLEASE BE ADVISED: Soon we will no longer integrate with Facebook for story comments. The commenting option is not going away, however, readers will need to register for a FREE site account to continue sharing their thoughts and feedback on stories. If you already have an account (i.e. current subscribers, posting in obituary guestbooks, for submitting community events), you may use that login, otherwise, you will be prompted to create a new account.

Load comments