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Informative Report: IT Spending In Cold Chain Logistics Market Analysis, Regional Outlook, Competitive Strategies and Forecast To 2023

This report also presents market segmentations based on technology spending (software spending, IT services spending, and hardware spending), Geography (the Americas, APAC, and EMEA) and Focuses on Companies like Accenture, AT&T, Cisco, SAP, Oracle, Gemalto, IBM, Infosys, ORBCOMM, Siemens, TCS, Tech Mahindra, Vitria

Houston, United States – April 18, 2018 /MarketersMedia/

The management of cold chain logistics services is a complex process compared to general logistics services. Cold chain logistics carry temperature-sensitive assets, which are prone to product damage if the assets are not maintained under specified temperatures. The management of temperature sensitive products is more complex in cross-border logistics services due to fluctuations in climatic conditions. Temperature controlled logistics services are availed by firms operating businesses based on perishable commodities across different verticals (such as pharmaceuticals, food, and the retail industry). Temperature controlled logistics technology requires IT solutions to capture, store, and analyze real-time information retrieved from cold chain containers and vehicles.

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The increasing wastage of temperature sensitive food, vaccine, and other products will lead to an augmented demand for an effective management system for temperature sensitive products. The majority of the cold chain storage lack adequate temperature management systems and do not maintain the desired temperature level as per regulatory guidelines, which leads to increased wastage of temperature-sensitive drugs and vaccines. Also, food wastage causes critical damage to the environment due to inadequate waste disposal methodologies. This has compelled manufacturers to invest in technologies, such as smart refrigerator system powered by IoT (internet of things), analytics, and cloud computing solutions.

Top Companies Profiled in this Report includes, Accenture, AT&T, Cisco, SAP, Oracle, Gemalto, IBM, Infosys, ORBCOMM, Siemens, TCS, Tech Mahindra, Vitria

IT Spending In Cold Chain Logistics market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

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Various factors are responsible behind the market’s growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the Global IT Spending In Cold Chain Logistics market. It also gauges the bargaining power of suppliers and buyers, threat to the new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the market’s trajectory between forecast periods.

The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively. Recent trends and developments in the global IT Spending In Cold Chain Logistics market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. The report focuses on the global market, and answers some of the most critical questions stakeholders are currently facing across the globe. Information about the size of the market (by the end of the forecast year), companies that are most likely to scale up their competitive abilities, leading segments, and challenges impeding the growth of the market are given.

Report Covers Basic information like;
• IT Spending In Cold Chain Logistics market overview and market analysis with its applications in the industry and information on drivers and restraints.
• Identification of factors responsible for changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
• Extensively researched competitive landscape with profiles of major companies along with their market share.
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

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