GCC AI in Logistics Market : Professional Market Research Report and Forecasts 2022-2028

 Infinium Global Research recent report on the GCC AI in Logistics Market ((By Offerings (Software, Services) By Technology (Machine Learning, Natural Language Processing (NLP), Computer Vision, Others) By Application (Asset Tracking and Management, Logistics, and Supply Chain Management, Fleet Management, Warehouse Management, Others) By End-User (Oil and Gas, Retail, Healthcare, Manufacturing, Chemical, Others) Industry Analysis, Trends, Market Size & Forecasts to 2028 provides a comprehensive outline of the factors responsible for the growth of the market. The GCC AI in logistics market was valued at about USD 77 million in 2022 and is expected to reach up to nearly USD 537 million by 2028, with a CAGR of over 38% over the forecast period.

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Technology such as Artificial Intelligence has affected most industries including logistics. One of the advancements of this technology has brought which include, warehouse automation, predictive analytics, smart roads, and autonomous vehicles. This technology helps companies to save time and money. The majority of sectors have been impacted by new technologies like artificial intelligence (AI), and logistics. The field of logistics has undergone a transformation thanks to AI advancement. As well. Automation of warehouses, autonomous vehicles, predictive analytics, and smart highways are some of the most important improvements this technology has made. Numerous operations can be automated and made simpler by this potent technology, helping businesses save time and money.

The Computer Vision Segment Dominates the Market

Based on technology, AI in the logistic market is broadly segmented into computer vision, such as natural language processing, machine learning, and context-aware computing. In 2021, the machine learning segment catered to the largest market share of the overall AI in the supply chain and logistics market. With the help of machine learning, AI can perform various difficult tasks as machine learning allows various techniques to reduce human tasks and efforts and install them to AI components.

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Saudi Arabia is Expected to Dominate the Artificial Intelligence Market

Saudi Arabia is expected to dominate the artificial intelligence market due to its large enterprises and large volume of data flow across the region. The high internet connectivity along with the increasing penetration of IoT-based smart devices is enabling the deployment of artificial intelligence in Logistics. In the GCC region, the emergence of e-commerce platforms has led to the rising deployment of AI-based algorithms for extracting specific insights for providing better customer engagement. The growing internet penetration with high-speed internet connection is boosting the proliferation of IoT devices in the logistics industry which making easier for implementing AI solutions. However, difficulties in leering, adapting, and integrating new technologies in the logistics sector are expected to hamper the market growth. Nevertheless, new advancements in Artificial Intelligence are expected to offer growth opportunities in the market.

Key Players Focus to Increase Production Capacity By Collaborating with Other Companies

IBM Corporation, Intel Corporation, Amazon.com, inc., Alphabet inc, Microsoft Corporation, Oracle Corporation, NVIDIA Corporation, Transportation Applied Intelligence, LLC, Yojee Pte Ltd., Pluto7, and many more.  Infinium Global Research recent report on the AI in Logistics Market is an encompassment of such recent developments in the marketplace. The report delivers insights into the recent developments by leading players that have contributed to the growth of AI in the Logistics Market and also estimates the impact of recent developments in the market.

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of the GCC ai in logistics.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and market size forecast up to 2028.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company. 

 => Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.