Control Towers Market Share: A Look into the Industry Landscape
The global Control Towers Market, which was valued at USD 6.1 billion in 2021, is expected to witness remarkable growth, reaching USD 23.5 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 20.1% during the forecast period. This substantial expansion is primarily attributed to the growing need for digitalizing supply chain processes among retailers, contract manufacturers, and logistics service providers to enhance visibility and decision-making through supply chain control tower software.
Rising Demand for Supply Chain Efficiency
Control towers are gaining prominence in the transportation and supply chain ecosystems, providing companies with real-time tracking capabilities and improved delivery efficiency. As supply chains become increasingly complex due to technological advan...