Dublin, Oct. 28, 2020 (GLOBE NEWSWIRE) -- The "Next-Generation Supply Chain Market (Future of Logistics) By Technology (IoT, AI, AR/VR, Blockchain, Robotics, 5G, Cloud Computing, Cyber Security, Digital Twin, Driverless Vehicles, Drones, Wearables, 3D Printing), and Geography - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Next Gen Supply Chain market is expected to reach USD 125 billion by 2030 driven by supply chain software, robotics & automation, autonomous vehicles and counterfeit goods tracing.

The lure of low-cost data storage and cloud computing has enabled organizations to capture and process large volumes of data in a short period of time in order to find valuable business insights and thus achieve end-to-end digitization of the supply chain. As a learning from COVID-19 pandemic, companies have started implementing technological changes in crucial logistics functions across various internal processes covering supply chain planning, procurement, sales & operational planning and customer services. Under "Strategy 2025" Deutsche Post DHL Group will be spending around EUR 2 billion on digitalization till 2025 and the digitalization investment is expected to lead to yearly benefits of at least EUR 1.5 billion by 2025.

Enablers of digital supply chain include Internet of Things (IoT), Artificial Intelligence (AI), 3D Printing, Cloud Computing, Big Data and Predictive Analytics, Robotics and Automation, Data Capture, Driverless Vehicles and Drones, Digital Twin, Blockchain, Augmented and Virtual Reality, Wearable & Mobile Devices and 5G connectivity.

Major drivers of a digital supply chain include demand for greater visibility and transparency in supply chain data process, faster adoption of internet of things (IoT), increasing investment in supply chain innovation, and huge demand from e-commerce. Companies have started to embrace the digital revolution and are beginning to see the full potential of Supply Chain 4.0 resulting in real-time product visibility, strategic sourcing and optimization, end-to-end visibility, inventory visibility and optimization, real-time manufacturing asset intelligence, micro fulfilment, efficient last mile delivery and dynamic demand & supply synchronization are some of the major benefits of a digital supply chain. The proliferation of technologies and opportunities around the digital supply chain really means companies need to look seriously at outsourcing these functions. This is going to be a major shift towards new business models as supply chain as a service (SCaaS).

Key Questions to be answered through this report

Key Topics Covered:

1 Introduction

2 Drivers & Challenges

3 Next-Gen Supply Chain Market Share by Technology (USD Million)

4 Next-Gen Supply Chain Market Share by Function (USD Million)

5 Next-Gen Supply Chain Market Share by Services

6 Next-Gen Supply Chain Market in End-User Industry

7 Next-Gen Supply Chain Market Share by Region (USD Million)

8 Competitive landscape

9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/810pgt

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