Government and Education Logistics Market to Surge to $917.4 Billion by 2031, Growing at 8.3% From 2022 to 2031
PORTLAND, OREGAON, UNITED STATES, June 19, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โGovernment and Education Logistics Market," The government and education logistics market was valued at $406.19 billion in 2021, and is estimated to reach $917.4 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031.
Asia-Pacific dominated the global government and education logistics market. This was primarily due to the active highly integrated supply chain network that links producers and consumers through multiple transportation modes such as air & expresses delivery services, rail, maritime transport, and truck transport. Moreover, governments of countries across Asia-Pacific are investing heavily to strengthen logistics and transportation infrastructure as well as launching various trade & transportation initiatives are key factors that help propel the growth of the market across the region.
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ & ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/A07810
A rise in demand for military logistics services across the region to transport military equipment and structural materials is anticipated to drive the demand for the government and education logistics market across the region. The developments in logistics and supply chains by developed and developing nations, the quick renovation of warehouse facilities, the expansion of transportation facilities, and consumer demand for public utilities are the factors anticipated to fuel the growth of the market for government and educational logistics. One important element that contributes to the market expansion in the region is the establishment of military logistic platforms by the governments of emerging nations.
Furthermore, in North Anerica region initiatives by the U.S. general services administration (GSA) to offer various solutions for all fleet management and transportation needs of the federal government are driving the growth of the market across the region. In addition, the federal government is provided with thorough fleet management services by GSA Fleet. Along with the internet tools for simple acquisitions, the set of offerings includes alternatives for buying, leasing, and renting vehicles. Moreover, the rising use of logistics services to supply land, air, and sea transportation for the department of defense (DoD) and the governmentโs actions to strengthen logistics and supply chains across the country are anticipated to boost the growth of the market during the forecast period. For instance, in January 2022, the Biden-Harris Administration announced that it will invest more than $14 billion of this funding in the fiscal year 2022 for over 500 projects across 52 states and territories. Investments include expanding capacity at some of the nationโs largest and fastest-growing ports. The Europe government and education logistics market is studied across Germany, France, Russia, the UK, Spain, and the Rest of Europe. Strong demand for public sector logistics and rapid economic growth along with a rise in trade activities among European Union (EU) nations are expected to propel the growth of the government and education logistics market in Europe during the forecast period.
Military infrastructure is a mission-critical aspect of operations and is becoming a high priority for all defense agencies worldwide with increased global tension, preparation, execution, and contingency. This creates a need for transportation services for the installation of military infrastructures. Also, the successful use of military and defense logistics in military operations is motivated by increasing situational awareness and providing real-time information on the effective distribution of tasks and resources including the deployment of troops in humanitarian missions. Furthermore, the continued development and modernization of defense infrastructure and military forces are also driving the growth of the government logistics industry.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/government-and-education-logistics-market/purchase-options
Transport companies operating in the market are incorporating new warehousing services in various countries which are propelling the market growth for the storage & warehousing segment. Penetration of fully automated warehousing distribution systems is extremely less, which is expected to provide a remarkable growth opportunity for the key players operating in the government and education logistics market.
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ :
The outbreak of COVID-19 has resulted in travel bans and quarantines, which made massive slowing of the supply chain and logistics activities across the world. Since the beginning of 2020, several countries and states across the globe shut down their borders and limited transportation & travel to contain the coronavirus (COVID-19) outbreak, thereby creating impediments to transportation. The pandemic affected almost every dimension of economic activity and individuals globally. As a consequence of the coronavirus outbreak, important supply chains in the logistics and transportation industry are hampered, though differently across the road, air, and sea sectors transportation. In addition, logistics firms, which are involved in the movement, storage, and flow of goods, have been directly affected by the COVID-19 pandemic.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ :
By end use, the military and defense segment is anticipated to exhibit significant growth in the near future.
By business type, the distribution segment is anticipated to exhibit significant growth in the near future.
By mode of operation, the storage segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A07810
Key players operating in the global government and education logistics market include ๐๐ ๐ข๐ฅ๐ข๐ญ๐ฒ, ๐๐๐ ๐๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐ง๐., ๐๐๐ ๐๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ ๐๐ข๐ฆ๐ข๐ญ๐๐, ๐๐ญ๐ฅ๐๐ง๐ญ๐ข๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐๐ฎ๐ญ๐ฌ๐๐ก๐ ๐๐จ๐ฌ๐ญ ๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ, ๐๐ ๐๐๐ก๐๐ง๐ค๐๐ซ, ๐๐๐, ๐๐๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐๐๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐/๐, ๐๐๐๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐ง๐ ๐๐๐ญ๐๐จ๐ฆ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ.
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.