Third-party Logistics Market Size Is Expected To Reach USD 1,998.73 Billion By 2030
San Francisco, 27 May 2022: The Report Third-party Logistics Market Size, Share & Trends Analysis Report By End Use (Manufacturing, Automotive), By Service (DTM, ITM, VALs), By Transport (Roadways, Airways), By Region, And Segment Forecasts, 2022 - 2030 The global third-party logistics market size is expected to reach USD 1,998.73 billion by 2030, registering a CAGR of 8.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. The advent of new technologies is changing the 3PL industry dynamics. The advanced data collection capabilities, warehouse automation, and digitalization of the entire supply chain are enabling companies to adopt a consistent innovative, customer-centric, and agile approach. As a result, 3PL companies are providing technologically driven services by investing in blockchain solutions, mobile technologies, and 3PL software to gain a competitive advantage in a fiercely competitive marketplace. The Internet of Things (IoT) and cloud-base