The Logistics Market in United Arab Emirates is being driven by Growing e-commerce industry
The Logistics Market in United Arab Emirates is expected to grow at a CAGR of 7.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 11371.1 million. Blockchain technology is a secure and decentralized digital ledger system, comprised of interconnected blocks that store encrypted data. In the logistics sector, this innovative technology enhances supply chain transparency and enables precise product tracking throughout the logistics process. Each block in the chain records the involvement of stakeholders and the specific product details linked to each transaction, ensuring an unalterable and tamper-proof record. The interconnected nature of the blocks reinforces the security and integrity of the data, making it an invaluable tool for streamlining and optimizing logistics operations.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
189 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.1% |
Market growth 2025-2029 |
USD 11371.1 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
6.6 |
Key countries |
United Arab Emirates |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
In the logistics market of the United Arab Emirates, businesses seek advanced logistics software solutions to enhance supply chain analytics, reduce transportation costs, improve delivery time efficiency, and boost warehouse productivity. Inventory optimization strategies, supply chain resilience, sustainable logistics practices, and digital transformation are key priorities. Data-driven logistics, customer relationship management, business process automation, and logistics network design are also essential. Global trade compliance, import/export operations, customs brokerage services, freight rate negotiation, cargo insurance solutions, supply chain finance, demand planning, order management systems, warehouse labor management, transport security management, and integrated logistics technology are critical components of modern logistics operations.
In the dynamic business landscape of the United Arab Emirates (UAE), the logistics sector, specifically the air freight and logistics market, plays a pivotal role. This market encompasses the revenue generated by organizations offering air freight transportation, courier services, and comprehensive logistics solutions, including warehouse automation, last mile delivery, and freight forwarding services. According to Technavio, the global air freight and logistics market size is determined by the revenues of these providers. Key growth drivers include the surge in cross-border e-commerce activities, which necessitate seamless supply chain management and efficient last mile delivery solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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