Is the logistics market safe? - By CredenceResearch

According to a new market report published by Credence Research, Inc., “ Logistics Market (By Mode of Transportation (Roadway Logistics, Waterway Logistics, Railway Logistics, and Airway Logistics), By Logistics Model (1st Party Logistics, 2nd Party Logistics, 3rd Party Logistics, and Others)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2025” the global logistics market is expected to grow at a CAGR of 7.1% during the forecast period 2017 – 2025.

Browse the full Logistics Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2025 report at https://www.credenceresearch.com/report/logistics-market

Market Insights

Logistics is an integral component of supply chain management that is responsible for planning, implementation, control and flow of goods/products from the point of origin to the point of consumption. The swift growth in the e-commerce sector has had positive impact on the growth of the logistics market worldwide. The growth in the e-commerce sector has coincided with the advent of efficient supply chain management solutions that enable logistics professionals to create transportation efficiencies, offer real-time dashboards, controll freight costs, and handle several other tasks effectively, enabling them to take better and quick decisions. Awareness regarding these benefits has only aided market growth over the last few years. With the expansion in breadth of offerings of manufacturers, robust and reliable logistic service holds significant importance for firms of all sizes and across varied industries.