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Control Towers Market to Grow at a CAGR of 17.6% during 2023-2028 – Report by IMARC Group

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Control Towers Market to Grow at a CAGR of 17.6% during 2023-2028 – Report by IMARC Group

March 22
20:13 2023
Control Towers Market to Grow at a CAGR of 17.6% during 2023-2028 - Report by IMARC Group
Control Towers Market 2023-2028
The global control towers market is expected to grow at a CAGR of 17.6% during 2023-2028

According to the latest report by IMARC Group, titled, “Control Towers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The global control towers market is expected to exhibit a CAGR of 17.6% during 2023-2028.

Industry Definition and Application:

Control towers refer to a centralized hub for an agile cloud platform that prioritizes end-to-end supply chain visibility and control. They can be integrated with enterprise resource planning (ERP), warehouse management system (WMS), and transportation management system (TMS) to offer actionable, detailed visibility and operational control across the entire supply chain network. They provide insights into inbound and outbound shipment services, such as on-time delivery and advanced shipping notice (ASN). As a result, control towers are gaining immense popularity among organizations across the globe to establish a multi-enterprise supply chain platform that facilitates quick delivery processes with in-app controls.

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Control Towers Market Trends:

The global control towers market is primarily driven by the rising need for efficient centralized infrastructure and supply chain solutions with enhanced security among enterprises across different sectors. Moreover, the escalating demand for information-sharing tools and control towers that enable omnichannel access to information through smart devices, while improving operational efficiency and data visibility, is positively influencing the market growth. Additionally, the widespread integration of innovative technologies, such as artificial intelligence (AI), machine learning (ML), big data analytics, and cloud-based real-time analytics, has catalyzed market growth. Other factors, including the launch of telematics-enabled control towers with real-time tracking solutions, rapid globalization, and ongoing technological advancements, are also anticipated to drive the market further.  

Global Control Towers Market 2023-2028 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.
  • SAP SE
  • Siemens Aktiengesellschaft
  • 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:

  • 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: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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