The report highlights that the logistics sector is buoyed by global e-commerce growth. Retail e-commerce is not only boosting logistics market growth, but it is also re-shaping the entire industry structure. Further, the report discusses the paradigm shift in the logistics industry towards technology, which has evolved from GPS, swipe cards (for drivers), and barcodes to logistics software, IoT, and UAVs. The report concludes that investors in emerging and developed markets are supporting logistics startups and the time is perfect to network in support of new partnerships with established and emerging industry players
Other key trends highlighted in the report include:
- Cloud computing & ease of integration across providers have resulted in the unbundling of the logistics sector
- End-to-end players have retained their importance in offering one-stop shop solutions for customers
- Uberization of logistics is just beginning
- Reverse logistics to see solid growth
