JUNEASIA BUSINESS OUTLOOK19Tech-driven logistics is coming of age in India. It has become an integral part of supply chain trends seen in 2021. E-Commerce logistics is mov-ing towards the inclusion of several supply chains, unlike a single one that most brands have at the moment. Efficiency has become a priority for customers across the marketplace. Thus e-Commerce players are playing to become more effective, efficient and customer-centric in every manner. The current e-Commerce boom has led to many businesses recalibrating their strategy. An efficient supply chain ecosystem is an important investment by the players in the e-Commerce market. Cloud-based e-Commerce platforms are slated to be the next big thing. Cloud makes e-Commerce scalable and fuels brand expansion possibilities. With new wave of e-Commerce, the lo-gistics and warehousing have come-out of the veil behind the retail. Research shows that global e-Commerce sales have grown by 27.6 percent this year alone, driving the e-Commerce market past the $4 trillion mark globally. Studies predict that the e-Commerce sector in India alone will grow to $99 billion by 2024, posting a compound annual growth rate (CAGR) of 27 percent from $30 billion in 2019, with India becoming the world's sec-ond-largest e-Commerce market by 2034. The cloud computing services of-fer a global reach with scalability and flexibility while putting an end to the expensive, extensive on-premise infrastructure. Asia Business Outlook in this issue presents a list of `Top 10 Global E-Commerce Supply Chain Companies ­ 2022' who have leveraged their extensive industry expertise and experience in bringing innovative solutions to the market. The following list has been prepared after being closely scru-tinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expand-ing & competitive market and their ability to sustain themselves and emerge as top contestants through their reliable products and services.GLOBAL E-COMMERCE SUPPLY CHAIN COMPANIES - 2022TOP 10
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