IMARC Group, a leading market research company, has recently releases report titled “Control Towers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global control towers market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
Table of Contents
How big is the control towers?
The global control towers market is expected to exhibit a CAGR of 17.6% during 2023-2028.
What is a 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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What are the growth prospects and trends in the control towers industry?
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.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Analytical
- Operational
Breakup by Application:
- Supply Chain
- Transportation
Breakup by End Use Industry:
- Aerospace and Defense
- Chemicals
- Retail and Consumer Goods
- Healthcare
- Manufacturing
- High Technology Products
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Accenture Plc
- Blue Yonder Inc.
- E2open LLC
- Elementum
- Infor US LLC (Koch Industries Inc.)
- Kinaxis Inc.
- Llamasoft Inc. (Coupa Software Incorporated)
- One Network Enterprises Inc.
- Pearlchain.net
- SAP SE
- Siemens Aktiengesellschaft
- Viewlocity Technologies Pty Ltd. (Friedman Corporation).
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