Landscape of Cloud Computing Technologies in Logistics Market Outlook: Ken Research

Development in the technology, totally change the landscape of the logistic industry. Though improvement in the technology and more innovations in the existing technology has significantly increased the supply of products and services, minimizing costs and errors. It is no secret that internet of things turned up the marketing environment of the logistic market with the extensive usage of smart devices. In the recent trend the smart devices are made with built-in Wi-Fi capabilities and sensors in the cell phones and cars or other transportation vehicles. With the Wi-Fi application everyone can easily access internet and can grab many opportunities with the technology of internet of things (IoT). According to the report analysis, ‘MARKET RESEARCH REPORTS FOR LOGISTICS’ suggests that IoT is opening up many opportunities for the supply of goods such as delays by avoiding risks and reducing costs.

FedEx was the very first company to introduce IoT in the logistics industry which was initiated for parcel tracking. With the installation of IoT, the efficient yard and warehouse management can be done as with this technology warehouses will track the equipment, inventory and others via the cloud computing. With the less human resources, security quotient and work place health will also be enhanced. Moreover, IoT hits the tracking system, all the parcels/trucks/vans will manufacture with RFID (RADIO FREQUENCY IDENTIFICATION) tags, and can automatically update the data on its whereabouts such as once the product is loaded into a vehicle, the carrier will get the information about it which will be sent across the company through the cloud computing. The technology of internet of things is here transform the industry of logistics towards the next platform and shows the increasing landscape in its evolution. The companies smoothen the user and work experience moreover, encounter positive shift in their revenues with the technology of IoT. In addition, IoT based technologies, such as GPS, tracks the movement of containers in and outside the port to ensure they are safe and it allows the interconnection of components located in different areas. According to the report analysis, ‘LOGISTICS AND SHIPPING INDUSTRY RESEARCH AND MARKET REPRORTS’ suggests that IoT technology market is expected to grow at a positive CAGR during the period (2017-2022) with the more innovations in the applications of internet of things.

With the wide usage of IoT the market is segmented across the globe which includes North America, South America, Europe, Asia Pacific region and Middle East & Africa. Whereas, the adoption of IoT in logistics is majorly done by the North America by the organizations and In Europe also the widely usage of this is done as due to rise in emphasis on automation and cost reduction in the logistic industry. Not only has this, Asia-Pacific region dominating the attractive part of the logistic market.

The market of logistic is highly competitive due to the presence of established IT vendors. The major player is majorly focused on improving their services and solutions with the more development, innovations and high investments in the research & development. Cisco System, Inc., Microsoft Corporation, Intel Corporation, Octonion SA, KaaloT Technologies, SAP SE, Amazon Web Services, Google Inc, Machine (IBM) Corporation, Bosch Software Innovation GmbH and others are the major players in the global Internet of Things in logistics market whereas, Microsoft Corporation, Google Inc., Machine (IBM) Corporation are the major players of this market and they are projected more projects related to this technology which is benefitted for the new entrants and consumers also.

With the more innovations and research & development in this the market of logistics is become more attractive and investor starts investing more for enhancing the applications of the technology. Therefore, it is expected that in the coming years the global Internet of Things (IoT) in logistics market will grow rapidly over the decades with the extensive financial support of the investors to the market.

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Increasing Use of Cloud Computing Technology in the Logistics Industry Market Outlook: Ken Research

Logistics can be summarized as having the right type of the product or service at the right place, at the right time and in the exact condition. The activities of logistic market can majorly accelerate the economic growth and productivity growth. Moreover, the increase in the growth of the global logistic market is directly related to the current economic growth and the development of international trade such as transportation, material handling, security, packaging, integration of information and others. The transportation and security of the material plays an essential role in ease of doing trade processes. According to the report analysis, ‘LOGISTIC AND SHIPPING MARKET RESEARCH REPORT’ states that the global logistic market industry has grown significantly while logistic have become an essential part of the business economic system.

The logistic market involves transactions which can be done by many parties and occurring many times outside the office. Therefore, for doing effective transactions in the new era trading partner using the technology of cloud computing. The traditional way of doing transaction sometimes results high cost and time consuming process whereas the cloud computing eliminate the presence of middle man and reduce the cost and less time consuming technique. Cloud computing for logistic industry management involves effective handling of the supply chain system from the point of origin to the point of consumption is covered. Moreover, cloud computing applications have the potential to provide vast efficiency and flexibility options for the logistic industry. The key players, which are currently expanded operations to New York, Amsterdam, and Hong Kong uses smart processes to increase transparency, cut transaction costs and satisfy a growing consumer preference for crowd-sourced delivery options. Furthermore, the user of cloud computing technique can quickly switch between applications and the complexity in managing applications is reduced. The key player of cloud computing market is doing more establishments with the ability to quickly launch new applications which can make the market of logistic more secured from the theft and fraud. The main goal of enabling more advancement in the technology of cloud computing is virtualization. The performance of cloud computing is m    onitored by the IT experts from the service providers. According to the report analysis, MARKET RESEARCH REPORT FOR LOGISTICS’ suggests that the introduction of new innovation in the cloud computing technique is providing better safeguard and cater more investors as the cloud computing provide more data in real-time which is accessible.

With the extensive usage of cloud computing due to the effective applications market is growing significantly around the globe therefore, the global logistic market has been divided into four main regions which include North America, Europe, Asia Pacific region and rest of the globe. The Asia Pacific region is expected to grow at the highest CAGR in the coming years followed by North America and Europe. China, Japan, Australia, Indonesia and India are the major markets in the Asia Pacific region whereas China has dominated the largest logistics market due to the presence of a large manufactures and huge population in the country. In Europe, Germany, the U.K. and France are the major countries for logistics markets. Moreover, in the recent few years, the rise of e-commerce has added to the transport boom and seen a significant growth across the industry’s value chains as a whole.

XPO Logistics Inc., DHL International GmbH, Ceva Holdings LLC, C.H. Robinson Worlwide, Inc., Schenker AF, DTDC Express Limited and others are the some major key players which are currently performing in this market whereas in India DTDC Express Limited dominating the huge market share and in U.S. XPO Logistics Inc., acquire huge share in the market of logistics. European companies such as Schenker AG and DHL International GmbH is also expected to grow in the coming years with the handsome amount of share in the market. Some of the companies are benefitted with the acquisition & mergers and joint ventures.

With the existence of numerous players in the market of logistics lead to competition and opportunities to the new entrants in the market. New entrants make the market more effective and profit making with the more development in the technology and globalization coupled with the population growth. Therefore, the market of logistics is expected to grow globally in the coming years over the decades with the more development in the economy.

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RFID Technology in Logistics Market Outlook: Ken Research

Logistics and shipping industry analysis presents an ever increasing demand for technology that can make the handling process more efficient by saving time. A number of such developments have been made and many more are being experimented. Radio Frequency Identification or RFID is a data collection technology that uses electronic tags for storing data and is an automated form of identity verification.

Product identification is immensely important for smooth functioning and this sector has been upgraded with technologies such as Bar Code scanners. RFID is a method of storing data and retrieving it via radio waves much in the same way as a bar code can store information about the product. It uses electromagnetic fields to automatically identify and track tags attached to objects. The RFID tags contain electronically stored information and unique identifiers that correspond to inventory database records. Passive tags collect energy from a nearby RFID reader’s interrogating radio waves. Active tags have a local power source such as a battery and may operate hundreds of meters away from the RFID reader. RFID in logistics chain offers some significant advantages over traditional inventory control methods-

1. RFID tags are superior to barcodes. Unlike a barcode the RFID tag need not be within the line of sight of the reader and may be embedded in the tracked object. Also, RFID tags hold more data than bar codes. A major differentiator is the unique serial number in the RFID’s Electronic Data Code (EPC) because it allows tracking of individual items. RFID works wirelessly, so you can point a scanner at a box of items and register each one without having to take them out first
2. RFID tags contain a microchip hence, the transportation process will also be made smoother as RFID tags on shipping items are of small size and can easily be used, disposed and replaced after usage. This lets the controller know about transportation taking place.
3. Safe and secure handling of goods is also made possible as tracking items is made easy and flexible with RFID. The storing and networking of information through RFID gives it an extra edge in security purposes as the tags can trigger security alarms if removed.
4. RFID is able to scan multiple products simultaneously which is done without any human intervention making the process diligent. It therefore, acts as a responsible regulator of products.
5. RFID can also be integrated with other systems and when scanned on entry and exit can let you know when the item left the premises.

Market research reports for logistics reveal that RFID, which is still in its developing stage, is attracting global interests. The RFID market is expected to hit a market value of USD 19 billion by 2026. The global RFID readers market is expected to witness a significant CAGR of 12.5% from 2017 to 2027.

RFID is widely being promoted as a step forward in logistics management with its advanced techniques. The various uses of RFID tags are still being explored and its ability to track items is gaining popularity among automobile manufacturers, pharmaceutical companies and for livestock management despite the related privacy concerns owing to its ability to get attached and read personally linked information without consent.

Key Factors Considered in the Report:

Logistics and Shipping Market Research Reports

Logistics and Shipping Industry Analysis

Market Research Reports for Logistics

Logistic Market Research Report

Logistics and Transportation Market Research Reports Consulting

Logistics Business Review

Logistics and Shipping Industry Research and Market Reports

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Seaports Sailing With Logistics Market Outlook: Ken Research

Trade between nations is highly facilitated by sea ports. Huge cargo items that cannot be transported by air arrive at major sea ports around the world daily evident by logistics and shipping market research reports that estimate that nearly 80% of all trade is seaborne hence, it is increasingly important to facilitate good seaport logistics. Studies on port activities are being conducted today to bring out the real importance of seaports although their contribution to an economy is debatable.

These days port activity is no longer limited to just cargo handling. Globalization of complex industrial production processes has increased the importance of sea ports in the global supply chain. It is not only the time and cost of delivery of shipments that matters but also its reliability and predictability.

1. Many countries are recognizing the bright prospects of the rapidly growing demand by developing their seaports to form regional hubs. Logistics and shipping industry research and market reports reveal that Singapore, Shenzhen, Hong Kong and Dubai are all international hubs of sea trade. These regions are also investing in transshipment facility and efficient transport network.
   
2. Better transport infrastructure not only leads to time saving but also leads to growth of trade and sharing of resources. This can significantly benefit both countries and even increase employment. A study conducted on 10 European countries that analyzed the impact of ports on local employment found that every million tons of net port throughput would create around 450-650 jobs in the region. Furthermore, it found that every 10% increase in port throughput can generate a 5%-20% increase in the GDP of the region.
   
3. Government intervention can greatly aid port infrastructure and overall gain. India is a good example in this respect. India is the sixteenth largest maritime country in the world with an extensive coastline. The Indian trade and shipping plays a vital role in sustaining the country’s economy and commerce. The Indian Government plays an important role in supporting the seaports sector. It has allowed Foreign Direct Investment (FDI) in development, automation and maintenance of seaport logistics. It has also facilitated a 10 year long tax holiday to further the development and maintenance of ports. Under the National Perspective Plan six new mega ports will be developed in the country.
   
4. Certain country’s have an innovative edge over others. Such countries are launching more eco friendly projects and this draws other nations to invest an ever increasing amount in these countries. The global concern for the environment has affected seaport logistics as well. Regions that have adopted the world environmental standards in operational activities are considered superior to others. The international reputation of countries like Singapore is a key driver of its prosperous trade which clearly has resulted in enormous wealth generation.

Sea ports are essential for a country’s overall development and wealth. Regional hubs are seen as an abbreviation for the global sea trade network which has favored countries that have invested in seaport logistics. The resultant trade network will further the country’s development status thereby augmenting employment and technology sharing. India is also making a mark on the global level and demonstrates the strength of government aid and foreign investment. International reputation of a nation also plays a prominent role in its progress especially in respect to the environmental sector. 

Key Factors Considered in the Report:

Logistics and Shipping Market Research Reports

Logistics and Shipping Industry Analysis

Market Research Reports for Logistics

Logistic Market Research Report

Logistics and Transportation Market Research Reports Consulting

Logistics Business Review

Logistics and Shipping Industry Research and Market Reports

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Emerging Technologies in Warehousing Market Outlook: Ken Research

OVERVIEW: Logistics refer to the detailed organization and implementation of complex activities. The logistics industry includes activities like storage, freight management, transportation and handling damage claims etc. Superior freight management involves maintenance of goods and thereby quality warehouses are required. The warehouse industry plays an essential role in facilitating trade processes involving physical capital.

EVOLUTION: Warehousing has come a long way since the 1990s. Earlier warehousing techniques relied heavily on immense labour force participation in order to facilitate the operations. Today operations have become technology oriented as indicated by the fact that the cost of automated labour in comparison with human labour has fallen by up to 50%. Warehouses today need fewer on site managers because of the introduction of technological surveillance through CCTV cameras .Even materials used in construction of warehouses have been upgraded to better safeguard the stored goods and cater to the associated handling equipment.

Recent developments include

Heated/unheated warehouses to cater to temperature sensitive goods and Controlled Humidity (CH) warehouses that are constructed with vapor barriers to maintain humidity at desired levels only

Refrigerated warehouses preserve the quality of perishable goods that are kept fresh in freezing and chilling spaces.

Advanced bar code readers are being used to eliminate paper registration and management of goods.

Voice technology for labour guidance is being developed.

The use of robots in storing and transporting goods is growing with the aim to increase time efficiency and aid fork lifters.

MAEKET SIZE: The advent of the 21st century brought about technological advancements which have led to developments in global trade. Consequently the demand for warehouses has increased as logistics and shipping market industry analysis reveals that warehouses today are value adding processes. Logistics and shipping market research reports reveal that the global warehousing and storage market is an essential part of logistics market. North America is the largest geographic region accounting for nearly 30% of the global market and U.S.A. is a leader among nations accounting for more than 20% of the global warehousing/storage market.

COMPETITION: As the logistics industry boom it is natural for companies to face off in the playing field. Evidently some companies are more reputed than others in providing warehousing services. American companies like FedEx Fulfillment and Fulfillment by Amazon (FBA) are highly reputed the latter catering primarily to Amazon businesses. Certain companies like Fulfillment Companies.net focus on developing better client relations by providing custom tailored solutions to match specific order volumes.

Some companies get into business relations like mergers and acquisitions an example of which is South Korea’s CJ Logistics acquiring majority ownership of U.S. based DSC Logistics in June 2018 and Bright Light Partners acquiring First Coast Logistics that same year.

CONCLUSION: As trade and technology increase so will the demand for appropriate storage. The warehouse storage sector is essential for growth of many developing countries and is a key contributor to the advancements in developed countries. The bright future prospects for this sector is visible by the fact that developing countries such as India is willing to undergo high expenditure on logistics, despite technical inefficiencies, evident by the fact that logistics cost in India accounts for about 15% of GDP which is nearly double the logistics cost to GDP ratio in France and U.S. that stands around 8%.

Key Factors Considered in the Report:

Logistics and Shipping Market Research Reports

Logistics and Shipping Industry Analysis

Market Research Reports for Logistics

Logistic Market Research Report

Logistics and Transportation Market Research Reports Consulting

Logistics Business Review

Logistics and Shipping Industry Research and Market Reports

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Cargo and Delivery Drone Logistics Market Outlook: Ken Research

Overview: An unmanned aerial vehicle (UAV) commonly known as a drone is an aircraft without a human pilot aboard. Small drones designed to deliver small commodities such as pharmaceuticals to remote hospitals have been around for years but face bans to operate beyond line of sight from world regulatory agencies in the interest of public safety. However, larger more capable machines are being developed.

Evolution: Innovation has led to developments in air travel for people, with reliable cargo aircrafts being modifications of passenger jets. However, things have started to change by the introduction of UAVs in the field of cargo and delivery which have been designed with the view to save time and money. Drones are a result of extensive research and they have even begun modest use with tech giants and e-commerce companies.  Some companies have even started developing their own drone’s .Even renowned aircraft manufacturers like Boeing have begun building drones to cater to the growing demand for air freight.

Recent developments include-

DHL’s Parcel copter

Boeing’s CAV released in January 2018

UPS unveiled a battery powered residential delivery drone in 2017.

Sabrewing Aircraft Co. and JD.com are all working on large prototypes that have a long range.

Beijing based Sichuan Tengden Technology is developing a cargo drone which would carry 20 tons of cargo.

California based Natilus is working on cargo drones with a 90 ton capacity.

Market Scenario: The market for air freight is one of the key drivers for growth of the logistics market as indicated by several market research reports for logistics. Despite this the market for drones is still very primitive .Major companies have launched their drone promotion projects for instance Amazon’s Prime Air drone and Google’s Project Wing which was used for deliveries in Australia. Chinese companies such as drone maker Beihang UAS are tapping into interests of delivery drones as suggested by a logistic market research report which estimates the Chinese parcel delivery industry to grow by 25%-30% in the coming years .The 2017 data for global air freight markets showed that the demand had grown by 9% which was more than double the growth recorded in 2016.

Competition: In the interest of research, development and more efficient freight transportation many companies have joined forces.  Microsoft partnered with DJI a Chinese drone manufacturer and Alphabet partnered with Guzman Y Gomez in 2018. In 2016 UPS began testing commercial drones in partnership with drone maker CyPhy Works. China’s largest courier service SF Express Delivery uses drones in partnership with Tengoen Technology to drop cargo pods. Beihang UAS has entered into a strategic partnership with logistics firm Cainiao.

Conclusion: Undoubtedly the drone oriented cargo delivery system has immense potential and with leading players like China who are willing to invest immensely in this sector we can expect drone services being more easily accepted in the future .Ecommerce is also expected to develop and with it the demand for APAC economies, like China, which is expected to further drive the air cargo and delivery industry.

Key Factors Considered in the Report:

Logistics and Shipping Market Research Reports

Logistics and Shipping Industry Analysis

Market Research Reports for Logistics

Logistic Market Research Report

Logistics and Transportation Market Research Reports Consulting

Logistics Business Review

Logistics and Shipping Industry Research and Market Reports

To know more, click on the link below:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/SC-100-45.html

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Ken Research 

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249