AI in Logistics Market to Witness Huge Growth by 2022-2028 | LLamasoft, Micron Technology, Microsoft, NVIDIA

A new research report is published by HTF Market Intelligence on ‘Global AI in Logistics Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2028’ with 153 pages.

Request a sample report @ https://www.htfmarketreport.com/sample-report/3626689-global-ai-in-logistics-market

The logistics industry is undergoing a fundamental shift as the volume of data and the number of devices used to increase, costs are reduced to maintain competitiveness, and the necessary inventory levels (staggered and on-the-go) must be maintained to ensure timely delivery and bottlenecks. Logistics includes purchasing and supply management, demand planning, and forecasting, transportation and network design, picking issues, and customer relationship management. Maintenance is simplified by automated processing, as regular repairs and maintenance are required to maintain the devices. Artificial intelligence collects information via sensors, which is combined with maintenance data. The best time to repair equipment in an organization is analyzed by the system in what is known as predictive maintenance. Inventory can be improved by reducing redundancy using intelligent storage processing and providing advanced technologies. In addition, artificial intelligence in supply management offers the possibility of tracking and maintaining the database of suppliers and shipping.

All of this requires a certain degree of automation in the supply chain in order to be able to make timely decisions. Artificial intelligence is still in its early stages in logistics but is expected to grow rapidly. It is expected that the logistics industry will be reshaped with a high level of automation in the areas of manufacturing, logistics, storage, and delivery on the last mile. Machine and human collaboration enable intelligent order picking in logistics, and intelligent glasses enable intelligent hands-free functionality. Automated vehicles and drones are expected to change the paradigm of the logistics industry. Some of the players profiled in the study are Amazon (United States), ClearMetal Inc. (United States), Deutsche Post AG DHL (Germany), FedEx (United States), General Electric (United States), Google LLC (United States), IBM Corporation (United States), Intel Corporation (United States), LLamasoft Inc. (United States), Micron Technology (United States), Microsoft Corporation (United States), NVIDIA Corporation (United States), Oracle Corporation (United States), SAP (Germany), Samsung (South Korea), Xilinx (United States), Fraight AI (United States), C.H. Robinson (United States), E2open (United States) and Relex Solution (Finland).

Market Growth Drivers

Need for on-time deliveries and instant go to market timings
Growing demand for convenience and safety
Increased acceptance and implementation of autonomous vehicles

Influencing Trend

Digitization of logistics leading to hyper customization
Growing Demand for Customization
Multiple collaborations across the supply chain

Restraints

Shortage of industry standards

Opportunities

Growing amount of data in logistics
Rising Compliance with privacy and data security regulations

Challenges

Increased automation will lead to job losses and can create social tensions

The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.

Target Audience:

Providers of AI in Logistics, Potential Investors, Market Research Firms, Regulatory Bodies, End-Users and Others

Read Detailed Table of Content @ https://www.htfmarketreport.com/reports/3626689-global-ai-in-logistics-market

While framing the research framework, major and emerging players operating in the AI in Logistics market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.

Make an enquiry before buying this Report @ https://www.htfmarketreport.com/enquiry-before-buy/3626689-global-ai-in-logistics-market

Strategic Points Covered in Table of Content of Global AI in Logistics Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2028 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global AI in Logistics Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2028market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Global AI in Logistics Market Insights by Application, Product Type, Competitive Landscape & Re

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=3626689

Contact Us:
CRAIG FRANCIS (PR & Marketing Manager)
[email protected]
Ph: +1 (206) 317 1218

Leave a comment

Your email address will not be published.