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Control Towers Market Size, Share & Growth | Forecast [2031]
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Control Towers Market Size, Share & Growth | Forecast [2031]

Segments - Control Towers Market by Types (Analytical and Operational), Applications (Supply Chain and Transportation), End-users (Aerospace & Defense, Chemicals, Retail & Consumer Goods, Healthcare, Manufacturing, High Technology Products, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Raksha Sharma
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Upcoming | Report ID :ICT-SE-2648 | 4.4 Rating | 82 Reviews | 189 Pages | Format : PDF Excel PPT

Report Description


The global control towers market size is projected to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasingly becoming predominant in the supply chain and transportation ecosystem.

Global Control Towers Market Summary

For businesses, last-mile delivery is a problem owing to issues linked with lack of allocation, visibility, speed of drivers and inefficiency. By forming an ecosystem that concentrates on translucency, towers such as if any issues arise, they use of technology interventions for instance delivery management software to get current information about the order without depending on third-party. Enhanced visibility confirms that the organization has the essential information to know accurately what actions to take in every step of the process. With a control tower, the staff performs analysis to correct decisions, identify a process break-up, and control orders better on cycle times. Teams that maintain control towers are capable to make better decisions depending on feedback obtained from this system. By collecting data from daily delivery procedures, they also support to deliver unique insights into their performance.

The COVID-19 pandemic has affected all the businesses, suppressing profitability, stifling innovation, financial reserves and drying up cash flows. Buyers, companies, and suppliers are equally affected by this pandemic and the market is also expected to be impacted in due course. Production and demand schedules are at risk due to supply chain disturbance, thus posing financial peril to firms and financial markets. While lockdowns were decelerating supply chains, innovative technology such as control towers are observing trouble for the short term. Nonetheless, the pandemic is also acting as a channel for the evolution of better production and distribution networks to cater worldwide demand.

  • Control tower solutions are receiving momentum and witnessing increased demand from organizations across different industry verticals.
  • The growing acceptance of the recent technology, such as the cloud computing, IoT, and AI, in several industry verticals is contributing to the market.
  • For improving a business factors as competitive advantage, decision-making capability, the ability to provide services to all functioning areas, and keeping operations running efficiently are expected to boost the market growth in the coming years.
  • Companies are concentrating on the adoption of these solutions to accurately respond, predict and even forecast supply chain issues which is further estimated to provide growth opportunities to the market.
  • Data protection and safety are major issues are expected to restrain the market growth during the forecast period. 

Scope of the Report                          

The report on the control towers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Control Towers Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Analytical and Operational), Applications (Supply Chain and Transportation), End-users (Aerospace & Defense, Chemicals, Retail & Consumer Goods, Healthcare, Manufacturing, High Technology Products, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

E2open, LLC.; Blue Yonder Group, Inc.; Infor; Elementum; Kinaxis; One Network Enterprises; Llamasoft Inc.; PearlChain; SAP SE; and Viewlocity Technologies Pty Ltd.

Market Segment Insights

Operational segment account for a key market share

Based on types, the global control towers market is bifurcated analytical and operational. The operational segment accounts for a key share of the market due to increased adoption rate; however, the analytical segment is anticipated to expand at a rapid pace during the forecast period owing to the rising volume of data across supply chains.

Global Control Towers Market Types

Supply Chain segment is estimated to expand at a robust growth rate

In terms of applications, the market is differentiated into supply chain and transportation. The supply chain is estimated to expand at a robust growth rate as they offer correct end-to-end visibility and in-app control throughout the entire supply chain network. Meanwhile, the transportation segment accounts for a high growth rate due to their visibility into deliveries, track, and trace, ASN, on-time delivery, freight spend, 

Global Control Towers Market Application

Manufacturing segment is projected to expand at a considerable CAGR

In terms of end-users, the market is divided into chemicals, aerospace & defense, healthcare, retail & consumer goods, high technology products, manufacturing, and others. The manufacturing segment is projected to expand at a considerable CAGR due increasing demand for on-time delivery of products is encouraging improvements in the efficiency of supply chains. On the other hand, the high technology products segment accounts for a key market share due to the growing demand for improved outcomes and the cost-effectiveness of supply chain management.

Global Control Towers Market End Users

North America is anticipated to constitute a key market share

In terms of regions, the global control towers market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.

The market of North America accounts for a key share of the market owing to growing adoption to efficiently manage the rising volumes of information originated from value chains and use the data to obtain business insights. The market of Asia Pacific is anticipated to constitute major share of the market as organizations in the region are steadily adopting digitization and other advanced technology.

Global Control Towers Market Region

Segments

The global control towers market has been segmented on the basis of

Types

  • Analytical
  • Operational

Applications

  • Supply Chain
  • Transportation

End-users

  • Aerospace & Defense
  • Chemicals
  • Retail & Consumer Goods
  • Healthcare
  • Manufacturing
  • High Technology Products
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • E2open, LLC.
  • Blue Yonder Group, Inc.
  • Infor
  • Elementum
  • Kinaxis
  • One Network Enterprises
  • Llamasoft Inc.
  • PearlChain
  • SAP SE
  • Viewlocity Technologies Pty Ltd.

Competitive Landscape

Key players competing in the control towers market are E2open, LLC.; Blue Yonder Group, Inc.; Infor; Elementum; Kinaxis; One Network Enterprises; Llamasoft Inc.; PearlChain; SAP SE; and Viewlocity Technologies Pty Ltd.

The main market players are continuously indulging in the activities such as mergers and acquisitions, research and developments, investments for innovative products and collaborations. For instance, One Network Enterprises introduced the Telematics-enabled control towers with real-time tracking through its Telematics Network in April 2020.

Global Control Towers Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Control Towers Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Control Towers Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Control Towers Market - Supply Chain
  4.5. Global Control Towers Market Forecast
     4.5.1. Control Towers Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Control Towers Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Control Towers Market Absolute $ Opportunity
5. Global Control Towers Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Control Towers Market Size and Volume Forecast by Types
     5.3.1. Analytical
     5.3.2. Operational
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Control Towers Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Control Towers Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Control Towers Demand Share Forecast, 2019-2026
7. North America Control Towers Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Control Towers Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Control Towers Market Size and Volume Forecast by Types
     7.4.1. Analytical
     7.4.2. Operational
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Control Towers Demand Share Forecast, 2019-2026
8. Latin America Control Towers Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Control Towers Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Control Towers Market Size and Volume Forecast by Types
     8.4.1. Analytical
     8.4.2. Operational
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Control Towers Demand Share Forecast, 2019-2026
9. Europe Control Towers Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Control Towers Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Control Towers Market Size and Volume Forecast by Types
     9.4.1. Analytical
     9.4.2. Operational
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Control Towers Demand Share Forecast, 2019-2026
10. Asia Pacific Control Towers Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Control Towers Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Control Towers Market Size and Volume Forecast by Types
     10.4.1. Analytical
     10.4.2. Operational
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Control Towers Demand Share Forecast, 2019-2026
11. Middle East & Africa Control Towers Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Control Towers Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Control Towers Market Size and Volume Forecast by Types
     11.4.1. Analytical
     11.4.2. Operational
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Control Towers Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Control Towers Market: Market Share Analysis
  12.2. Control Towers Distributors and Customers
  12.3. Control Towers Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. E2open, LLC.
     12.4.2. Blue Yonder Group, Inc.
     12.4.3. Infor
     12.4.4. Elementum
     12.4.5. Kinaxis
     12.4.6. One Network Enterprises
     12.4.7. Llamasoft Inc.
     12.4.8. PearlChain

Methodology

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