The global digital logistics market is predicted to reach $20.44 billion in 2023, up from $17.28 billion in 2022, at a CAGR of 18.3%, according to the "Digital Logistics Global Market Report 2023". The report noted that the exponential growth of the e-commerce industry is expected to drive this growth, as it requires a strong logistics supply chain, which is made possible by digital logistics solutions. Major players in the market include IBM Corporation, SAP SE, and Honeywell International Inc.
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