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UAE Logistics Market Gears Up for Takeoff: $52.6 Billion Boom by 2027 Fueled by Trade & E-commerce: Ken Research

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GURUGRAM, India, Feb. 14, 2024 /PRNewswire/ — Buckle up, logistics enthusiasts! The United Arab Emirates’ logistics market is soaring to new heights, fueled by a booming economy, strategic location, and the ever-expanding e-commerce sector. Ken Research’s “UAE Logistics Market Outlook to 2027″ report predicts a remarkable 7.8% CAGR, translating to a staggering $52.6 billion market size by 2027. This press release unlocks the key drivers, challenges, and exciting prospects waiting to be explored in this dynamic realm. 

 

Market Overview: Connecting the World, Powering Progress 

Beyond physical movement of goods, the UAE’s logistics market is playing a pivotal role in regional and global trade, supporting economic growth and diversification. In 2022, the market reached a size of $34.2 billion, and it’s poised for exponential growth, driven by: 

Strategic Location: The UAE, situated at the crossroads of East and West, offers unparalleled connectivity to key markets in Asia, Africa, and Europe. Diversified Economy: The shift towards non-oil sectors like tourism, manufacturing, and technology is stimulating logistics demand across various industries. E-commerce Surge: The UAE’s booming e-commerce market, with one of the highest adoption rates globally, requires efficient and reliable last-mile delivery solutions. Government Initiatives: Vision 2021 and Dubai Logistics Master Plan 2040 emphasize infrastructure development and technological advancements, fostering a supportive environment for the sector. 

Interested to Know More about this Report, Request a Free Sample Report

Market Segmentation: A Diverse Landscape of Services 

The report delves into the diverse segments of the UAE’s logistics market, offering a comprehensive view: 

Transportation: Road transportation dominates (60%), followed by airfreight (25%) and maritime transport (15%). Multimodal solutions are gaining traction. Logistics Services: Third-party logistics (3PL) providers hold the largest share (65%), followed by warehousing and storage (20%) and freight forwarding (15%). End-User Industry: Retail & e-commerce leads the demand (30%), followed by construction & building materials (25%) and oil & gas (20%). Healthcare and manufacturing are emerging segments. 

Competitive Landscape: Global Giants & Local Champions 

The market features a blend of established global players, regional leaders, and innovative startups: 

Global Titans: DP World, DHL, and FedEx hold significant market share with their extensive networks and global expertise. Regional Powerhouses: Aramex and Agility Logistics excel in the Middle East and North Africa region, offering customized solutions. Emerging Innovators: Local startups like Fetchr and TrukTruk are leveraging technology and focusing on niche segments like express delivery and on-demand trucking. 

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Challenges: Navigating the Roadblocks to Growth 

Despite the promising outlook, some challenges need to be addressed: 

Infrastructure Gaps: While significant infrastructure investments are underway, bottlenecks in warehousing capacity and last-mile connectivity persist. Skilled Workforce Shortage: Attracting and retaining qualified personnel across the logistics value chain remains a challenge. Competition & Price Pressure: Intense competition can lead to price wars, impacting profitability, especially for smaller players. Technological Disruption: Rapidly evolving technologies like automation and artificial intelligence require continuous adaptation and investment. 

Future Outlook: A Brighter Tomorrow Fueled by Innovation 

The UAE’s logistics market is poised for continued growth, driven by several exciting factors: 

Technological Advancements: Adoption of AI, blockchain, and automation will enhance efficiency, transparency, and customer experience. Focus on Sustainability: Green logistics initiatives and eco-friendly solutions will gain traction, attracting environmentally conscious clients. Regional Integration: Growing partnerships and trade agreements within the GCC and wider region will create new opportunities. Government Support: Continued investments in infrastructure and policies promoting innovation will solidify the UAE’s position as a global logistics hub. 

Key Takeaways for Stakeholders: 

This report offers valuable insights for various stakeholders in the UAE’s logistics market, including: 

Logistics Companies: Identifying high-growth segments, adopting innovative technologies, offering value-added services, and focusing on sustainability practices. Investors: Understanding market trends, assessing investment opportunities in promising segments like e-commerce logistics and technology startups. Policymakers: Formulating policies that address infrastructure gaps, promote skilled workforce development, and foster a competitive yet sustainable market environment. Clients & Consumers: Gaining insights into the diverse range of logistics services available, choosing the right providers based on their needs, and benefiting from improved efficiency and affordability.

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Taxonomy

UAE Logistics Market Segmentation

By Service Mix

Freight Forwarding

Warehousing

Courier, Express Parcel Market

Value Added Services

UAE Freight Forwarding Market Segmentation

By Mode of Transport

Sea

Road

Air

Rail

By type of Freight End Users

Retail

Automobile

Pharma

Others

UAE Warehouse Market Segmentation

By Business Model

Industrial/Retail Warehouses

CFS/ICD Warehouses

Cold Storage

Agriculture and Other Warehouses

By End-Users

Retail including Garments, Cosmetics

Automotive & Engineering

E- Commerce

Pharma/ Healthcare

Others

UAE CEP Market Segmentation

By Domestic/ International Shipments

Domestic Shipment

International Shipment

By End-Users

E-Commerce

Retail

Others

For More Insights On Market Intelligence, Refer To The Link Below: –

UAE Logistics Market

Related Reports by Ken Research: –

Vietnam Logistics Market Outlook to 2027 Driven by Infrastructural and Government Investments Coupled with the Growth of E-Commerce Sector in Vietnam

Market Size of Vietnam Logistics is expected to show increasing trend from 2022 to 2027. This is owing to rising economy, adoption of e-commerce, China plus one strategy and initiatives by the government. Also, development of roads across Vietnam for better connectivity under Vision 2030 is expected to add to the efficiency of logistic related operations.

Indonesia Logistics Market Outlook to 2027 driven by high growth in E-Commerce, government policies attracting foreign investors & promising manufacturing sector.

According to Ken Research estimates, the Market Size of Indonesia Logistics has shown increasing trend from 2017 to 2021. However, drop was observed in 2020. This is owing to fear and social distance among service providers during pandemic. Market Size of Logistics market is expected to show a decent growth trajectory from 2022 to 2027 at CAGR of 10%. This is mainly due to rapid infrastructural development which has led to services being able to reach previously un-accessible regions.

KSA Logistics Market Outlook to 2026 driven by infrastructural enhancement, administration & regulatory reforms, privatization of logistics sector

According to Ken Research estimates, the Market Size of KSA Logistics has shown increasing trend from 2017 to 2021. However, drop was observed in 2020. This is owing to fear and social distance among service providers during pandemic. Market Size of Logistics market is expected to show a decent growth trajectory from 2022 to 2026 at CAGR of 5.7%. This is mainly due to rapid infrastructural development which has led to services being able to reach previously un-accessible regions.

Singapore Logistics Industry Outlook to 2028 Driven by Driven by growing investment in transport infrastructure and transformation towards digital economy

According to Ken Research estimates, the Market Size of Singapore Logistics has shown increasing trend from 2019 to 2022. The Singapore logistics sector supports the second-largest economy on the continent, and is relatively sophisticated. Local and international companies use Singapore as gateway for their operations into Africa. The logistics operators are making significant investments in automation and digitalization in order to address security concerns, improve loss prevention as well as efficiency.

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Contact Us:-
Ken Research Private Limited
Ankur Gupta, Director Strategy and Growth
Ankur@kenresearch.com
+91-9015378249

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SOURCE Ken Research

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KOORUI to Unveil the World’s First Monitor with a 750Hz Refresh Rate at CES 2025

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LAS VEGAS, Jan. 2, 2025 /PRNewswire/ — As one of the global leaders in the display industry, KOORUI is set to unveil a range of cutting-edge products at CES 2025, showcasing advancements in both technology and user experience. These launches mark another milestone in delivering innovative display solutions to consumers. We warmly invite you to visit KOORUI at Booth #35609 in South Hall 2 of the Las Vegas Convention Center to explore these products firsthand.

The highlight of the new product lineup is the world’s first consumer-grade monitor featuring an unprecedented 750Hz refresh rate. To compensate for the color defects of the TN panels, the screen uses the latest QD film with a wide color gamut solution, enabling a color gamut of up to DCI-P3 95%.

In today’s esports landscape, where every frame can be a game-changer in fast-paced FPS and MOBA games, there is a growing demand on ever-smoother performance for esports players. Traditional monitors with refresh rates of 144Hz, 240Hz, or even 480Hz are no longer sufficient to meet the expectations of top-tier gamers. KOORUI’s new gaming monitor shatters these boundaries, delivering an exceptional 750Hz refresh rate that brings next-level visual fluidity. KOORUI has scheduled the mass production of this model in 2025, with a global launch planned.

Product Specifications:

MOD

KOORUI G7

Display Type

TN

Screen Size

24.5-inch

Resolution

FHD

Color Gamut

DCI-P3 95%

Refresh Rate (Max.)

750Hz

Response Time

0.5ms

HDR

HDR 400

In addition to unveiling new products, KOORUI will also showcase its popular featured lineup at CES 2025, including OLED gaming monitors such as the OG32UK (a 480Hz UHD gaming monitor) and the GS49UK (a 49-inch DQHD ultra-wide gaming monitor with a high fresh rate).

Leveraging its parent company – HKC’s robust supply chain and proprietary glass manufacturing facilities, KOORUI will also exhibit a range of cost-effective monitors tailored for bulk procurement needs.

About KOORUI

KOORUI is an innovative tech and lifestyle brand under HKC, a leading powerhouse in China’s semiconductor display industry. Founded on May 4, 2021, coinciding with Youth Day, KOORUI is dedicated to the design, research, development, and sales of smart hardware and consumer electronics.

Leveraging its parent company’s extensive expertise in R&D, raw materials, design, and craftsmanship, KOORUI combines high-quality customer service, efficient supply chain management, and cost optimization to deliver exceptional products. This holistic approach has established KOORUI as a globally recognized brand in the consumer electronics industry. Known for their impressive refresh rates, superior graphic quality, and innovative designs, KOORUI monitors have gained the trust of gamers, designers, and office users alike. With a philosophy of “Pragmatism, Integrity, Innovation, and Pursuit of Excellence”, KOORUI is committed to delivering exceptional visual experiences with its advanced technology and user-oriented features.

With over 6 million units shipped annually and a robust global marketing network, KOORUI has established a strong presence across North America, Europe, Asia-Pacific, and the Middle East.

To learn more about KOORUI’s innovative technologies, visit our booth at CES 2025 or explore our official website at koorui.net.

Social Media:
Facebook: @Kooruimall
Twitter: @Kooruimall
Instagram: @Koorui_official
Tiktok: @Koorui_official
Youtube: @Koorui_official

CONTACT: support@koorui.net

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SOURCE Koorui

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AVE MUJICA – THE DIE IS CAST – NOW STREAMING ON CRUNCHYROLL

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Bushiroad’s 13-Episode Gothic Psychological Thriller Begins with Episode 1 “Sub rosa.”

LOS ANGELES, Jan. 2, 2025 /PRNewswire/ — Bushiroad’s psychological thriller anime Ave Mujica – The Die is Cast – is now streaming on Crunchyroll. The season will run for 13 episodes starting with Episode 1 “Sub rosa.”

Ave Mujica – The Die is Cast – Episode 1 “Sub rosa.” Synopsis:
The curtain has risen on Ave Mujica.
Beneath the veil of perfection, there lies deception, conflicts, and…
This is the start of the masquerade, as a band, and as the play of their lives.
Will their masks remain flawless, or will they shatter into pieces?
Either way, the die is cast.

Join the Masquerade in the latest PV here and lose yourself to the music with the “KiLLKiSS” creditless OP video here.

About Ave Mujica – The Die is Cast –
“Will you give me the rest of your life?”

After losing everything in a single night, Sakiko Togawa reaches out toward an even deeper abyss, one that will drag everyone around her down as well.

Gathering the lives of girls burdened with their own troubles and desires, Sakiko raises the curtain on a perfect masquerade.

“Welcome to the world of Ave Mujica.”

On a stage where sorrow, death, fear, love—even the solace of forgetting—are stripped away, will their masks be torn off and shatter into oblivion, or will they…

Cast
Kanon Takao as Sakiko Togawa/Oblivionis
Akane Yonezawa as Nyamu Yūtenji/Amoris
Yuzuki Watase as Mutsumi Wakaba/Mortis
Mei Okada as Umiri Yahata/Timoris
Rico Sasaki as Uika Misumi/Doloris

About Bushiroad Inc.
Bushiroad Inc. is an IP Development company known for developing Cardfight!! Vanguard, Weiss Schwarz, BanG Dream!, other card games, promotional items and smartphone applications around the world.

Official website: en.bang-dream.com/anime/avemujica
Official X (Twitter): @bangdream_en

Rights Notation:
©BanG Dream! Project

Additional Assets:
HERE

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SOURCE Bushiroad

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Decisiv 2024: Ongoing Success in SRM Ecosystem Development and Growth

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Year marked by the introduction of new capabilities points to new things to come in 2025

RESTON, Va., Jan. 2, 2025 /PRNewswire-PRWeb/ — Decisiv, Inc., the industry leader in Service Relationship Management (SRM) solutions, announced today its annual recap of the state of the Decisiv SRM Ecosystem in 2024, including continued growth in platform use, and a range of technology and partner developments. The company also previewed plans for new products and solutions, and the continued expansion of the Decisiv SRM Ecosystem in 2025.

“Throughout 2025, the value of the Decisiv SRM Ecosystem will continue to increase as we deliver more advanced capabilities, build on existing and new partnerships, and add manufacturer and dealer service networks.”

“This past year was one of the most successful in our 23-year history,” said Dick Hyatt, President and CEO of Decisiv. “Ongoing usage on the Decisiv SRM platform exceeded the 30 million service event milestone in early 2024, and we ended the year at nearly 33 million events. More than 5,000 service providers and 74,000 fleet and asset managers are now putting the commercial vehicle industry’s largest service management ecosystem to work during over 300,000 monthly maintenance and repair events.

“Dealers and fleets who are actively using the Decisiv SRM platform to manage service events are benefitting from an overall improvement of 33% in return to service,” Hyatt continued. “In 2024, these return to service efficiencies enabled fleets to realize more than $12.3 billion in revenue from increased uptime. That is a clear indication of how Decisiv drives measurable gains in efficiency, and asset productivity and performance.”

In 2024, Decisiv product, technology and partnership developments included:

SRM Discovery Status Tracker, a reporting suite that provides actionable information for managing and controlling the entire service event process. Initial users of SRM Discovery Status Tracker report an 11% to 24% improvement in return to service across operations and locations.    Decisiv and Mitchell 1, a leading provider of repair information solutions, announced the launch of the new Decisiv SRM Connector for Mitchell 1, an integrated solution that streamlines labor time estimates for thousands of service operations daily. The capability enables shops using the Decisiv SRM platform to effortlessly connect with the Mitchell 1 TruckLabor Module.    Decisiv released SRM Case 8.0, the latest version of the SRM Case application that allows users to create and manage end-to-end service event workflow between participants in the Decisiv SRM Ecosystem. SRM Case 8.0 includes several enhancements that improve ease of use and efficiency for service providers and fleets engaged in servicing commercial assets. One key new feature is support for mobile communications on any device via SMS text messaging.    Ongoing collaboration with Procede Software, a heavy-duty commercial vehicle dealer management system (DMS) software and solutions provider, has resulted in an integrated and more efficient service management solution for virtually every brand of commercial vehicle. Dealers using the Procede Excede DMS with the Decisiv SRM platform have a more efficient and seamless means of managing the entire service event process from vehicle check-in to return to service.    An expanded partnership with terminal tractor manufacturer TICO to add the Decisiv SRM Sentinel Managed Care application to the TICO Edge platform. Introduced in 2020 and powered by Decisiv SRM, TICO Edge allows the manufacturer’s dealer network, customers, and the TICO Uptime Center to communicate and collaborate, and have real-time visibility, into service and repair events.    Decisiv’s data security practices achieved ISO/IEC 27001 certification. Covering the Information Security Management System (ISMS) supporting the Decisiv SRM Platform, the certification includes assets, technologies and processes employed for processing, management, and delivery of services to customers.    Decisiv and KEA Advisors, a provider of business advisory services and solutions for commercial asset dealerships, announced a new collaboration that will integrate Decisiv SRM Discovery Status Tracker with the management dashboards of the KEA PULSE Reporting system. The more dynamic and detailed summary of the status of service events and key metrics results in an improved service process, more profitable repair orders, and a faster return to service of assets for customers.    Cooperative development between Procede, Mitchell 1 and Decisiv resulted in enhanced integration of the Decisiv SRM Connector for Mitchell 1. Users of the Procede Software Excede Dealer Management System are now able to accept 6-digit assembly level VMRS (Vehicle Maintenance Reporting Standards) encoded labor operations from estimates created using Mitchell 1’s TruckLabor Module in the Decisiv SRM plataform. The uniform tracking capability and better-quality data improves communication about estimates, streamlines invoice processing, enhances audit accuracy, and enables more effective analysis of service activity.

In 2025, several new technology solutions are being planned by Decisiv. Included will be capabilities for monitoring and managing workflow and dealer and fleet communication during service events. In addition, development is underway on new integrated solutions with shop tools and technologies, supporting an expanding Decisiv SRM Ecosystem.

“Throughout 2025, the value of the Decisiv SRM Ecosystem will continue to increase as we deliver more advanced capabilities, build on existing and new partnerships, and add manufacturer and dealer service networks,” Hyatt said.

Decisiv also continued its support of industry stakeholders in 2024 by providing data for:

The quarterly Decisiv/TMC North American Service Event Benchmark Report covering parts and labor costs for 25 Vehicle Maintenance Reporting Standard (VMRS) system level codes, which accounts for more than 97 percent of total parts and labor spent during maintenance and repair events.    The American Transportation Research Institute (ATRI) An Analysis of the Operational Costs of Trucking: 2024 Update.    MacKay & Company expanded analyses and insights in their monthly DataPulse Plus Reports.

Industry insights from Decisiv are available in a quarterly Commercial Vehicle Service Analysis. The report that provides a comprehensive review of service costs and activity by VMRS System Code is available on the Decisiv Marketplace, the company’s hub for technology, services, and solutions partners within the Decisiv SRM Ecosystem.

About Decisiv, Inc.
Virginia-based Decisiv is the provider of the largest asset service management ecosystem for the commercial vehicle industry in North America, delivering intelligent asset service management for improved utilization, performance, security, and compliance. The Decisiv Service Relationship Management (SRM) platform is the foundation for over 5,000 service locations and over 74,000 fleets across North America that manage more than 4 million service and repair events for commercial vehicles annually. The Decisiv SRM Ecosystem acts as the system of orchestration that uniquely connects dealers, service providers, OEMs, component manufacturers, and fleets by delivering critical in-context, actionable data at the point of service. This unrivaled level of data connectivity and collaboration drives more intelligent, effective service and enables asset owners and managers to proactively plan and manage maintenance across the entire lifecycle of every asset. For more information, visit http://www.decisiv.com.

Media Contact

Rob Ziemba Senior Director, Marketing, Decisiv, Inc., (804) 762-4153, rziemba@decisiv.com, www.decisiv.com

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SOURCE Decisiv, Inc.

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