Impact of Emerging Technologies on Logistics

Logistics is a complex commercial activity of transporting goods to customers. We know that in future supply chain is most of use in Logistics industry.

Global Logistics Market as details show

Attain a market size of around $12,256 billion by 2022, CAGR of 3.48% from 2016 to 2022.

The global logistics robots market will increase USD 3.4 billion in market size by 2022, accelerating at a CAGR of over 28%.

Here some of Mode of Transport Segmentation are use Logistics technology.

  • Railways
  • Roadways
  • Airways
  • Waterways

Emerging Technology Trends in Logistics

UAVs or Drones

Amazon is experimenting with Drone-based delivery for select local markets Drones provide several opportunities for surveillance that wouldn't otherwise exist. Logistics companies may eventu- ally leverage UAVs to monitor infrastructure, as well as the movement of assets, transports, employees and more.

Cryptocurrency

New payment technology will completely transform the logistics industry on a widespread scale, leading to secure transactions globally. Introduction of crypto currency as a new form of payment will help gain popularity in the logistics industry. This will allow the much needed payment flexibility.

Cryptocurrency Wallet Development

Big Data Analytics

Big Data Analytics with insights from the entire ecosystem will provide a whole new set of information relating to traffic & weather data, vehicle diagnostics, driving patterns, and location information to drive operational efficiencies for effective utilization of resources.

Resource URL: Emerging Technologies in Logistics