The logistics sector has undergone a transformative shift in the last decade or so, thanks to innovative technologies such as AI, ML, autonomous vehicles, and drones. It’s an industry shift drawn from the demand to enhanced delivery times, making products cheaper, and seamless interaction of companies with the environment
Our Logistics Value Chain report showcases companies that are disrupting the space by transforming and optimizing the traditional ecosystem. We see that future-ready logistic and supply chain entities rise amid the disruption, delivering efficiency and agility across the value chain
Key trends highlighted in the report include:
- Global logistics and supply chain is an $11tn industry representing ~12% of global GDP as of 2021
- More and more shippers are looking to leverage real-time transportation visibility platforms
- Increased digitization and rising demand for end-to-end logistics solution providers
- Logistics companies are increasingly looking to leverage AI and ML algorithms for freight optimization
- Strategic investments in the sector (in terms of deal value) grew by 44% YoY in 2021