What is AI in logistics?

AI in logistics refers to the integration of artificial intelligence technologies such as machine learning, predictive analytics, and robotics to streamline and optimize various processes within the logistics and supply chain industry.

How big is AI in Logistics Market?

The Global AI in Logistics Market size is expected to be worth around USD 549 Billion by 2033, from USD 12 Billion in 2023, growing at a CAGR of 46.7% during the forecast period from 2024 to 2033.

What are some challenges associated with implementing AI in logistics?

Data quality and availability Integration with existing systems Initial investment and ROI justification Regulatory and privacy concerns Workforce readiness and skill gap

Which region has the highest growth rate in the AI in logistics market?

In 2023, North America held a dominant market position in the AI in Logistics sector, capturing more than a 41% share

What are the major growth factors of the AI in logistics market?

Major growth factors include increasing demand for efficient supply chain management, advancements in AI technologies, rising e-commerce activities, and a focus on cost reduction and operational optimization.

Global AI in Logistics Market By Technology (Machine Learning, Natural Language Processing (NLP), Computer Vision, Others), By Application (Inventory Control & Planning, Transportation Network Design, Purchasing & Supply Management, Demand Planning & Forecasting, Others), By Industry Vertical (Automotive, Food and Beverages, Manufacturing, Healthcare, Retail, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2024-2033

Published date: March 2024
Report ID: 116996
Number of Pages: 330
Format:

- IBM Corporation
- Intel Corporation
- Amazon Web Services, Inc.
- Microsoft Corporation Company Profile
- Oracle Corporation
- NVIDIA Corporation
- Transportation Applied Intelligence, LLC
- Pluto7
- GEODIS
- Other Key Players