Global AI In Logistics Market Expansion at 47% CAGR, Valued at $122.78 Billion by 2029

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What Are the AI In Logistics Market Size Forecast for 2025?
The size of the market for AI in logistics has seen a dynamic expansion in the past few years. From a market size of $18.01 billion in 2024, it is predicted to grow to $26.33 billion in 2025, with a compound annual growth rate (CAGR) of 46.2%. Factors that contributed to the growth in the historical period include increased intricacy in supply chain networks, a surge in requirement for real-time logistics solutions, progress in AI and machine learning technologies, a booming e-commerce sector, and the necessity for efficiency and cost-effectiveness in logistics operations.

What Is the Market Size Outlook for AI In Logistics Until 2029?
It is predicted that in the coming years, the AI in logistics market size will experience significant growth, expected to reach $122.78 billion by 2029 at a CAGR of 47.0%. Reasons for this surge during the forecast period include the growth of autonomous vehicles and drones in logistics, an increased need for predictive analytics in managing supply chains, the development of smart warehouses and fulfilment centers, incorporating blockchain technology for secure and transparent transactions, and a growing emphasis on sustainability and green logistics. Key trends within the forecast period comprise the use of AI-assisted route optimization for delivery fleets, the creation of AI chatbots for customer service support, the emergence of predictive maintenance solutions for logistics assets, the use of AI in demand forecasting and inventory management, and the implementation of AI-driven risk management systems for maintaining supply chain resilience.

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What Are the Major Factors Driving Demand in the AI In Logistics Market?
The surge in the e-commerce industry is predicted to drive the expansion of the AI in logistics market. E-commerce pertains to the purchase and sale of products or services online, as well as the exchange of data and money to finalize these transactions. Using AI in logistics allows e-commerce companies to enhance their operational efficiency, resulting in benefits such as better routing, supply chain improvements, and tailored shopping suggestions. As an example, the U.S. Census Bureau, a government agency in the United States, reported retail e-commerce sales in the U.S to be $291.6 billion in the second quarter of 2024, a 1.3% rise from the first quarter and a 6.7% annual growth. Total retail sales amounted to $1,826.9 billion, a 0.5% increase from Q1 and a 2.1% growth compared to the second quarter of 2023. Hence, the thriving e-commerce sector is fueling the growth of the AI in logistics market.

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How Are End-Use Segments Shaping the AI In Logistics Market Outlook?
The AI in logistics market covered in this report is segmented -

1) By Offering: Software, Services
2) By Technology: Machine Learning, Natural Language Processing, Context Awareness Computing, Computer Vision
3) By Application: Self-driving Vehicles And Forklifts, Planning And Forecasting, Machine And Human Collaboration, Automation Of Ordering And Processing
4) By Industry Vertical: Automotive, Food And Beverages, Manufacturing, Healthcare, Retail

Subsegments:
1) By Software: Predictive Analytics Software, Route Optimization Software, Inventory Management Software, Warehouse Management Software
2) By Services: AI Integration Services, Consulting Services, Support And Maintenance Services

What Are the Strategic Trends Transforming the AI In Logistics Market Landscape?
Leading players in the AI in logistics market are prioritizing the launch of highly advancing technological products, like AI-driven supply chain management and orchestration solutions, with an aim to improve their market earnings. These AI-driven solutions utilize artificial intelligence to enhance efficiency and refine different elements of the supply chain. For example, Blue Yonder, a digital supply chain solutions enterprise based in India, in December 2023, initiated the launch of the Blue Yonder Orchestrator, a novel AI generative tool designed to simplify supply chain management and orchestration. This innovative attribute harnesses large language models (LLMs), cloud data, and prompt engineering to provide supply chain decision recommendations. This AI-based feature offers immediate access to suggestions, projections, and informed decisions to business users, enabling them to make optimum decisions and positively influence their supply chain. In a scenario where many professionals struggle to retain institutional knowledge within the current supply chain framework, Blue Yonder Orchestrator could serve as a beneficial supply chain aid, helping businesses amplify intuition by manipulating data value to make quicker and more efficient decisions.

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Who Are the Prominent Companies in the AI In Logistics Market by ?
Major companies operating in the AI in logistics market report are Amazon.com Inc., Alphabet Inc., Microsoft Corporation, DHL International GmbH, United Parcel Service, Inc., FedEx Corporation, CEVA Logistics AG, Intel Corporation, IBM Corporation, Oracle Corporation, Kuehne + Nagel International AG, NVIDIA Corporation, XPO Logistics, Inc., Zebra Technologies, HAVI, Infor, Echo Global Logistics, Symbotic, C3 AI, Turvo Inc., project44 Inc., Wise Systems, Inc., Covariant, Cognitivescale Inc., Slync.io Inc., Transportation Applied Intelligence LLC

Which Region Is Expected to See the Highest CAGR in the AI In Logistics Market?
North America was the largest region in the AI in logistics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ai in logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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