- The key vendors in the global IT spending by 3PL market 2015-2019 are Accenture plc, Capgemini SA, Genpact Ltd., IBM Corp. and TCS Ltd.
London, 16 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global IT spending by 3PL market 2015-2019. Increased adoption of analytics in SCM is one of the major trends upcoming in the market. 3PL providers have equipped their transport machines such as heavy loaded trucks and heavy machinery with data capture technologies through M2M connectivity. The global IT spending by 3PL market 2015-2019 is estimated to grow at a CAGR of 12.5% during the forecast period of 2014-2019.
“The logistics sector has been witnessing high adoption of cloud and SaaS models, which enables the installation of world-class technologies even in small ships to help them in routing and multifunctional consolidation as well as providing seasonal information,” says Faisal Ghaus, Vice President of Technavio Research.
“The SaaS model streamlines and integrates various logistics functions associated with planning, implementation, freight payment, and BPA across all modes of logistics. It consists of IT solutions that allow companies to access TMSs using the Internet.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
