Westford, USA, May 01, 2023 (GLOBE NEWSWIRE) — The global Digital Transformation Spending in Logistics market size is expected to reach USD 77.52 billion by 2030 and exhibit a CAGR of 17.54% in the forecast period (2022−2030), according to Skyquest’s latest research report. The growing Development of artificial intelligence and the Internet of Things has accelerated the growth of digital transformation spending in the logistics sector for a number of significant businesses and organizations. Government Subsidies and Incentives to Promote the Use of Digital Transformation Spending in Logistics At a global scale, trends such as automation, the use of blockchain and cloud computing, and augmented reality are promoting the growth of digital transformation in logistics. The use of automation technologies such as robotics, autonomous vehicles, and drones is increasing in the logistics industry. These trends of various technological advancements help to increase efficiency, reduce labor costs, and improve safety. In Europe, the European Union has launched the Digital Transport and Logistics Forum (DTLF) to facilitate cooperation and coordination among logistics sector stakeholders and promote digital technology adoption. These initiatives and others like them could potentially have a massive impact on future digital transformation spending in the logistics market. Get […]
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