According to the latest report by IMARC Group, titled “Control Towers Market Size; Global Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028” The global control towers market is expected to exhibit a CAGR of 17.9% during 2023-2028.

Control Towers Industry Definition and Application:

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).

Report Metric

Historical: 2016-2021

Base Year: 2021

Forecast Year: 2022-2027

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Control Towers Market 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.

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Global Control Towers Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

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, Elementum, Infor US LLC (Koch Industries Inc.), Kinaxis Inc., Llamasoft Inc. (Coupa Software Incorporated), One Network Enterprises Inc., Pearlchain.net, SAP SE, Siemens Aktiengesellschaft and Viewlocity Technologies Pty Ltd. (Friedman Corporation).

The report has segmented the market on the basis on region, type, application and end use industry.

Breakup by Type:

AnalyticalOperational

Breakup by Application:

Supply ChainTransportation