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Global IT Spending by 3PL Market 2015-2019 - Growing Adoption of Analytics in Supply Chain ManagementDUBLIN, Sept. 14, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/5k4b4w/global_it) has announced the addition of the "Global IT Spending by 3PL Market 2015-2019" report to their offering.  The global IT spending by 3PL market is expected to grow at a CAGR of 12.5% during the forecast period. The 3PL market is growing, especially in emerging countries, as it involves cheap labor, improved infrastructure, and loosening of barriers to trade. In Asia, China remains one of the largest markets for 3PL. However, it is gradually moving toward maturity. The logistics comprises various risks and obstacles, which include cumbersome clearance processes, lack of transport infrastructure, and inefficiencies in logistic processes The global IT spending market by 3PL can be segmented into six: SCM and procurement, warehouse management, transportation management, field service management, freight management, and others. This report covers information about the market share of the global IT spending market by 3PL by application. According to the report, 3PL companies are a little hesitant to invest in building a secure IT infrastructure as it needs several audits such as SAS 70 type II and SSAE 16 type II to get certified and requires a lot of investment to implement it. These audits take time to complete and eventually focus a lot of attention on minute details from the auditor side as well as the 3PL side. However, the increase in cyber-attacks and the increased risk of IT disruption force 3PL providers to have backup connections to power grid Internet and telecom systems. Further, the report states that delays in enhancing legacy systems is affecting the market growth. Key Vendors
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For more information visit http://www.researchandmarkets.com/research/5k4b4w/global_it Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-it-spending-by-3pl-market-2015-2019---growing-adoption-of-analytics-in-supply-chain-management-300142267.html SOURCE Research and Markets 
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