LONDON--(BUSINESS WIRE)--The global project logistics market is expected to reach USD 235 billion by 2022, according to the latest market research report by Technavio.
A key factor driving the growth of the market is the increase in the number of construction activities. Project logistics in the construction domain effectively plans, implements, and controls the entire supply chain from raw material accumulation to the delivery of goods at a construction site. Efficient project logistics management in the construction sector ensures the smooth flow of work with timely delivery of the required materials or equipment to the construction site. It also impacts the profitability of construction players in the market.
This market research report on the global project logistics market 2018-2022 provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
In this report, Technavio highlights digitization of logistics as one of the key emerging trends in the global project logistics market:
Global project logistics market: Digitization of logistics
Logistics is the most imperative part of a supply chain. Integrating the supply chain activities with digital practices can enhance logistics operations. Digitization is the adoption of modern technological solutions combined with several other physical and digital assets to restructure logistics practices. The digitization of logistics can enhance the pace, dynamics, and resilience of logistics operations, resulting in greater customer responsiveness eventually leading to higher revenues.
“The rising adoption of digitization in project logistics can deliver market players with several benefits such as connected warehouses, enhanced process efficiencies, and improved customer interaction. It can also help to drive intelligent logistics solutions and enable players to operate in the highly competitive omnichannel environment,” says a senior analyst at Technavio for research on logistics.
Global project logistics market: Segmentation analysis
This market research report segments the global project logistics market by geographical regions to include APAC, EMEA, and the Americas.
APAC held the largest share of the market in 2017 with 44% of the market share, followed by EMEA and the Americas, respectively. The market in APAC is expected to exhibit the highest increase in its market share over the forecast period while the Americas is expected to see a commensurate decline in its market share.
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 sizing
- 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.
