DUBLIN--(BUSINESS WIRE)--The "Cross-border E-commerce Logistics Market by Service and Geography - Forecast and Analysis 2020-2024" report has been added to ResearchAndMarkets.com's offering.
Global Cross-border E-commerce Logistics Market: About this market
The cross-border e-commerce logistics market analysis considers sales from transportation, warehousing, and other services. Our study also finds the sales of cross-border e-commerce logistics in APAC, Europe, MEA, North America, and South America. In 2019, the transportation segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing government expenditure on logistics infrastructure will play a significant role in the transportation segment to maintain its market position. Also, our global cross-border e-commerce logistics market report looks at factors such as increasing penetration of mobile computing devices, growth of e-commerce startups, and cross-border e-commerce activities. However, the high cost of air freight and logistics, the growing number of cargo thefts, and stringent regulations on e-commerce logistics may hamper the growth of the cross-border e-commerce logistics industry over the forecast period.
Global Cross-border E-commerce Logistics Market: Overview
Increasing penetration of mobile computing devices
Several e-commerce vendors are developing mobile compatible applications due to the growing penetration of mobile devices and preference for shopping through smartphone shopping apps. These mobile compatible applications are expected to transform the customer shopping experience with features such as ease of payment, comfort, and convenience. Moreover, vendors obtain information about their customers through these apps, which helps them in providing a tailored shopping experience through targeted advertising to achieve customer loyalty and customer retention. Therefore, the increasing penetration of mobile computing devices is leading to an increase in online orders which, in turn, will benefit cross-border e-commerce logistics companies by driving the demand for services such as transportation and warehousing. Thus, the increasing penetration of mobile computing devices will lead to the expansion of the global cross-border e-commerce logistics market at a CAGR of over 8% during the forecast period.
Adoption of blockchain technology in the logistics market
Blockchain technology can be used to record digital transactions such as log miles and hours drove, and improve security, visibility, and accuracy of data. This technology is expected to help the logistics industry in forecasting and predicting asset volumes more accurately and ensure better asset utilization. It has the potential to prevent fraudulent activities in freight management and manage elements such as freight contracts and parts management. Due to several benefits of this technology, some of the leading logistics service providers in the market are expected to adopt this technology in the coming years. This development is expected to have a positive impact on the overall market growth.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Passenger vehicles - Market size and forecast 2018-2023
- Commercial vehicles - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Development of advanced automotive steering system designs
- Emergence of all-electric power steering for commercial vehicles
- Developments in the field of steering system torque sensors
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Huf Hlsbeck & Frst
- Johnson Electric
- Spark Minda
- STRATTEC SECURITY
- TOKAIRIKA
- Valeo
For more information about this report visit https://www.researchandmarkets.com/r/736y3q