Cloud Logistics Market Size, Share & Trends Analysis Report By Type, By OS Type, By Enterprise Size (Large Enterprises, SMEs), By Industry Vertical (Retail, Consumer Electronics, Healthcare, Automotive), By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The globalcloud logistics market sizewas valued atUSD 17.31 billion in 2022和预期的年复合增长growth rate (CAGR) of 13.3% from 2023 to 2030. The global acceleration in adopting cloud-based business operations has led to the digitalization of the supply chain industry thereby driving the market. This transformation enables the industry to handle fluctuations and fast-paced demands while improving responsiveness to disruptions in the supply chain. Companies are now restructuring their supply chains into digital networks, seamlessly integrating physical product and service flows. These digital supply networks offer cost-effective, efficient, secure, and highly scalable solutions that can easily integrate with existing systems.

The rapid growth ofcloud computingfacilitates expanding collaborative transportation management solutions (TMS) and other facets of transportation management. These include sourcing network capacity, achieving comprehensive visibility and event management, and handling ancillary functions like freight pay and audit.

Cloud computing offers enhanced disaster recovery capabilities in the logistics industry, enabling logistics firms to swiftly rebound from unforeseen events like system failures or natural tragedies. Cloud technology provides disaster recovery options, including backup and restore replication and failover solutions. These features ensure the resilience and continuity of logistics operations during challenging situations.

Moreover, adopting cloud computing in the logistics industry offers several crucial benefits, including minimizing downtime, ensuring business continuity, and mitigating the risk of data loss. These advantages are essential as downtime can result in substantial revenue losses and harm a company's reputation. Consequently, numerous logistics companies are embracing cloud logistics to leverage the advantages that cloud computing brings to their operations.

Limited structural control and unauthorized uses are major factors hindering the market's growth. The primary cause of the breach lies in the employees' irresponsibility, as they may be utilizing untested and unauthorized methods to access the cloud servers, damaging the entire logistics and supply chain system. However, implementingartificial intelligence(AI) with cloud logistics is anticipated to provide opportunities for market growth over the forecast period. Additionally, the rising number of AI-based innovations and the escalating cost of manual labor drive AI adoption in the logistics industry. This trend is fueling the optimization of integrated operations.

Type Insights

The public segment dominated the market with a revenue share of 29.9% in 2022. Apublic-based cloudis an IT framework where a third-party provider manages and offers on-demand computing resources and infrastructure over the Internet. These services are accessible to various companies and individuals, who can rent them on a flexible basis, including options like Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). Payments can be made either on a monthly or pay-per-use model. Furthermore, a public-based cloud offers various benefits, including lower cost, high reliability, and near-unlimited scalability. Such benefits associated with public clouds are anticipated to propel the growth of the segment over the forecast period.

The private segment is anticipated to grow at the fastest CAGR of 14.3% over the forecast period. The segment’s growth is anticipated to be driven by an increased focus on data security. Furthermore, the growing adoption of private clouds has led to the emergence of various vendors offering private cloud solutions to government agencies. For instance, Microsoft Corp. provides Azure Government, a specialized cloud computing service that caters to US government agencies and their partners, ensuring top-notch security and protection. This offering utilizes hyper-scale cloud capabilities and emphasizes threat detection throughmachine learning. As a result, Azure Government enables seamless data transfer between devices and data centers for US government agencies.

OS Type Insights

The web-based OS segment dominated the market with a revenue share of 53.0% in 2022. Web-based software is accessed and operated through the internet using a web browser. It is purposely built to expedite and improve many areas of logistics management, such as transportation, inventory control, order monitoring, and supply chain coordination. This sort of software enables users to view and control logistics data and operations from any place with internet connectivity, allowing for more ease and flexibility in logistics management. Furthermore, web-based logistics software frequently provides real-time tracking and reporting capabilities, allowing for more effective decision-making and overall logistics efficiency.

The native OS segment is another crucial segment in the cloud logistics market. The segment is anticipated to grow at a CAGR of 13.9% from 2023 to 2030. Native OS is a logistics software developed and constructed for deployment and operation on cloud computing platforms. Native logistics software, as opposed to traditional software that has been retrofitted for cloud use, is designed from the ground up to leverage the advantages of cloud computing fully. Furthermore, such software is designed to leverage these technologies such as scalability, adaptability, and robustness. Furthermore, native logistics software can automatically adjust its computing resources in response to changing workloads, ensuring efficient handling of varying demands. This software can be accessed from any location with an internet connection and a web browser, enabling seamless remote management and user collaboration.

Enterprise Size Insights

The large enterprise segment dominated the market with a revenue share of 66.0% in 2022. It is anticipated to remain prevalent over the forecast period owing to its heavy utilization. Logistics cloud is becoming a more popular option for large enterprises as they want to streamline their supply chain and logistics operations. Such solutions enable major organizations to grow their logistics operations as needed. Cloud-based solutions can rapidly and efficiently adapt to changing requirements, whether handling increasing demand during peak seasons or expanding into new areas.Advanced analyticsand machine learning are used in supply chain systems to estimate demand, optimize routes, and identify possible supply chain issues. These insights allow large enterprises to make more informed decisions and improve operational efficiency.

The small & medium enterprises segment is expected to grow at a CAGR of 12.6% over the projected period. Cloud-based solutions provide SMEs with resources and capabilities that were previously only available to bigger organizations. The cloud-based supply chain is an appealing alternative for SMEs trying to optimize their logistics operations and stay competitive in a quickly expanding market because of its cost-effectiveness, scalability, real-time visibility, security, and innovation. Additionally, it offers significant cost-saving benefits for small and medium-sized businesses (SMEs). One of the most notable advantages is reducing hardware, software, and maintenance expenses, freeing up financial resources for other purposes. Moreover, cloud servers consume less electricity, resulting in lower energy costs. Additionally, SMEs can opt for a pay-as-you-go model, paying only for their specific services, eliminating the need for upfront investments in hardware or software. This cost-effective approach makes cloud platforms an attractive option for SMEs seeking to optimize their IT budgets and focus on core business operations.

Industry Vertical Insights

The retail segment dominated the market with a revenue share of 22.6% in 2022. Cloud logistics are bringing significant benefits to the retail industry across multiple fronts. These advantages encompass cost reduction by minimizing infrastructure, storage, and computing expenses while providing immediate access to crucial operational and inventory data. As a result, cloud logistic is causing a comprehensive transformation in the retail sector, leading to more efficient inventory management, improved data security, enhanced user experiences, increased profitability, and better disaster management capabilities. Additionally, in November 2021, WPP, a UK-based creative transformation business, purchased Cloud Commerce Group. This UK-based firm supplies merchants with multi-channel e-commerce software for an undisclosed sum. This purchase demonstrates WPP's ongoing commitment to growing its client commerce offering.

医疗已成为一个利润丰厚的领域the market accounting for a revenue share of 18.0% in 2022. These solutions provide real-time visibility into the healthcare supply chain, allowing medical institutions to manage medical equipment, medications, and other supplies and monitor inventory levels. This improved visibility aids in preventing stockouts and shortages, guaranteeing a steady supply of vital medical commodities. In addition, cloud platforms are especially beneficial for handling medicines and cold chain logistics, ensuring that temperature-sensitive drugs andvaccinesare properly kept and transferred.

Regional Insights

North America accounted for the highest market share of 26.7% in 2022. The market is anticipated to grow at a CAGR of over 13.6% from 2023 to 2030. The regional growth can be attributed to major platform providers such as IBM Corporation, Bwise, and Microsoft Corporation. Additionally, in April 2022, Synkrato, a California-based firm, introduced a logistics platform at MODEX 2022. This platform seamlessly integrates the metaverse, augmented reality (AR), artificial intelligence (AI), mobility, and the Internet of Things (IoT) into a comprehensive solution for supply-chain professionals. This holistic platform allows logistics experts to manage and optimize their logistics processes efficiently.

亚太地区是预期的增长the fastest CAGR of 14.2% over the forecast period. Cloud logistic has grown rapidly in the Asia Pacific region, altering the supply chain and warehouse management environment for firms in various industries. Asia Pacific, being a dynamic and diversified market, has used cloud-based solutions to handle difficulties and profit from the benefits of the cloud supply chain. Furthermore, the Asia Pacific region has substantially increased e-commerce and digital transformation. Cloud platforms have played a critical part in e-commerce business growth, allowing for smooth order processing, fulfillment, and last-mile delivery.

Key Companies & Market Share Insights

The market was dominated by BWise, IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, and Thomson Reuters Corporation, among others. These manufacturers have adopted new product launches as a key strategy to increase their market share. For instance, in February 2022, Oracle Corporation unveiled enhanced logistics capabilities empower to its customers to boost supply chain efficiency and overall value. These new capabilities are designed to optimize supply chain operations, resulting in improved performance and cost-effectiveness within the supply chain. By leveraging these innovations, Oracle's clients can achieve higher levels of operational efficiency, cost savings, and increased value in managing their logistics and supply chain processes.

In November 2022, Microsoft revealed the Microsoft Supply Chain Platform, an innovative design approach focused on enhancing supply chain agility, automation, and sustainability. This new platform aims to revolutionize supply chain operations, enabling businesses to become more flexible, efficient, and environmentally sustainable in their logistics and supply chain practices. Some prominent players in the global cloud logistics market include:

• Bwise

• IBM Corporation

• Microsoft Corporation

• Oracle Corporation

• SAP SE

• Thomson Reuters Corporation

• Trimble Transportation

• Transplace (an Uber Freight Co.)

• Descartes Systems Group

• C. H. Robinson

• MetricStream, Inc.

• 3GTMS

• CargoSmart Limited

• BluJay Solutions

• ShipBob, Inc.

• Orderful

• Paccurate

• Cleo

• Fleetio

Cloud Logistics MarketReport Scope

Report Attribute	Details
Market size value in 2023	USD 19.28 billion
Revenue forecast in 2030	USD 46.31 billion
Growth rate	CAGR of 13.3% from 2023 to 2030
The base year for estimation	2022
Historical data	2017 - 2021
Forecast period	2023 - 2030
Quantitative units	Revenue in USD million/billion, and CAGR from 2023 to 2030
Segments covered	Type, OS type, enterprise size, industry vertical, region
Regional scope	North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country scope	U.S.; Canada; UK; Germany; France; China; India; Japan; Brazil; Mexico.United Arab Emirates (UAE); Kingdom of Saudi Arabia (KSA); South Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Companies profiled	Bwise; IBM Corporation; Microsoft Corporation; Oracle Corporation; SAP SE; Thomson Reuters Corporation; Trimble Transportation; Transplace (an Uber Freight Co.); Descartes Systems Group; C. H. Robinson; MetricStream, Inc.; 3GTMS; CargoSmart Limited; BluJay Solutions; ShipBob, Inc.; Orderful; Paccurate; Cleo; Fleetio
Customization scope	Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs.Explore purchase options

Global Cloud Logistics Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and analyzes the latest industry trends in each sub-segment from 2017 to 2030. For this study, Grand View Research has segmented the global cloud logistics market report based on type, OS type, enterprise size, industry vertical, and region:

• Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Public

  • Private

  • Hybrid

  • Multi

• OS Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Native

  • Web-based

• Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Enterprise

  • Small and Medium Enterprises

• Industry Vertical Outlook (Revenue, USD Million, 2017 - 2030)

  • Retail

  • Consumer Electronics

  • Healthcare

  • Automotive

  • Food & Beverage

  • Others

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

  • Asia Pacific

    • China

    • Japan

    • India

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • United Arab Emirates (UAE)

    • Kingdom of Saudi Arabia (KSA)

    • South Africa