TechNavio Says Professional Logistics Services Will Fast Track the Logistics Market in the UAE from 2014-2018

Rapid economic growth across industries is expected to prompt a CAGR of 8.61 percent from 2014-2018 in the Logistics Market in the UAE, says research firm TechNavio.

The Logistics Market in the UAE is witnessing huge demand for professional logistics services that provide high-end logistics and supply chain solutions with value-added services like assortment and grading of products, packaging, MIS services and legal formalities, to help streamline the process.

“By outsourcing services, logistics service providers are able to serve their customers more efficiently,” says Faisal Ghaus, Vice President of TechNavio.

Private equity (PE) investment in the logistics market are also expected to help vendors acquire assets required for the expansion of businesses. These investments are ideal for strong asset-based business models.

As the market is capital-intensive in nature, PE investments by companies will help expand business operations.

“The Logistics Market in the UAE is highly fragmented with numerous multinational, regional and local vendors, who are focused on investing and developing technologies to increase their operational efficiencies. It is expected that international players will grow inorganically during the forecast period by acquiring regional or local players, which will be a significant contributor to growth in this segment,” says Ghaus.

TechNavio currently has more than 3000 market research reports on a huge range of topics, including:

• Logistics and Transportation market in the US 2014-2018
• Global Secure Logistics market 2015-2019

About TechNavio

TechNavio is a leading global technology research and advisory company.

Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.