According to the recent report by IMARC Group, titled “Commercial Telematics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” Opportunity and Forecast 2023-2028”The global control towers market is expected to exhibit a CAGR of 17.6% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
What is control towers?
Control towers are a centralized hub for an active cloud platform, aiming at end-to-end distribution chain control and visibility. They offer a detailed insight into incoming and outgoing shipment services, like advanced shipping notice (ASN) and on-time delivery. Control towers are integrated with warehouse management systems (WMS), enterprise resource planning (ERP), and transportation management systems (TMS).
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Control Towers Trends and Drivers:
The global market is primarily driven by the establishment of centralized infrastructures by organizations across different sectors, where control towers offer omnichannel access to information via smart devices. This helps in providing improved security, maintaining a competitive outline in the market, and keeping pace with shifting customer behavior. Moreover, several key players are leveraging advanced technologies, like machine learning (ML) and artificial intelligence (AI), to break down data silos, obtain real-time actionable insights, reduce manual processes, and assist autonomous decision-making. Additionally, the expanding applications of control towers in the healthcare sector to manage the supply of critical equipment and improve patients’ quality of care are also driving the market growth.
Global Control Towers Market 2023-2028 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Accenture Plc
- Blue Yonder Inc.
- E2open LLC
- Infor US LLC (Koch Industries Inc.)
- Kinaxis Inc.
- Llamasoft Inc. (Coupa Software Incorporated)
- One Network Enterprises Inc.
- SAP SE
- Siemens Aktiengesellschaft
- Viewlocity Technologies Pty Ltd. (Friedman Corporation).
The report has segmented the market on the basis on region, type, application and end use industry.
The Breakup by Type:
Breakup by Application:
- Supply Chain
The Breakup by End-Use Industry:
- Aerospace and Defense
- Retail and Consumer Goods
- High Technology Products
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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