According to the latest report by IMARC Group “Connected Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global connected logistics market size reached US$ 30.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 74.0 Billion by 2028, exhibiting a growth rate (CAGR) of 16.35% during 2023-2028.
Connected logistics refer to the set of platforms that comprise various technologies, such as Bluetooth, cellular, Wi-Fi, satellite, and near-field communication (NFC). They provide real-time information about the goods shipped via several modes of transportation, such as roadways, railways, airways, and seaways. They offer an interface to integrate multiple devices that improve decision-making while increasing operational efficiency and improving productivity. They aid in enhancing transparency in business operations and enabling organizations to be more client oriented. As a result, connected logistics are widely employed in the automotive, healthcare, manufacturing, oil and gas, and food and beverage (F&B) industries across the globe.
Request for a free sample copy of this report: https://www.imarcgroup.com/connected-logistics-market/requestsample
Connected Logistics Market Trends and Drivers:
Presently, the rising development of smart cities worldwide represents one of the primary factors contributing to the growth of the market. Additionally, the increasing adoption of the internet of things (IoT)-enabled connected devices to remotely monitor and control supply chain operations around the world is strengthening the growth of the market. Apart from this, the growing need to decrease the cost related to warehousing services and shipment is positively influencing the market. Moreover, the increasing demand for high-technology autonomous trucks and vehicles is bolstering the growth of the market. Furthermore, the rising need for mobility with reduced cost of administrative processes is supporting the growth of the market.
Breakup by Component:
- Hardware
- Solutions
- Services
Breakup by Software:
- Asset Management
- Warehouse IoT
- Security
- Data Management
- Network Management
- Streaming Analytics
Breakup by Technology:
- Bluetooth
- Cellular
- Wi-Fi
- ZigBee
- NFC
- Satellite
Breakup by Devices:
- Gateways
- RFID Tags
- Sensor Nodes
Breakup by Transportation Mode:
- Roadways
- Railways
- Airways
- Seaways
Breakup by End Use Industry:
- Automotive
- Manufacturing
- Oil and Gas
- IT and Telecom
- Healthcare
- IT and Telecommunication
- Retail
- Food and Beverage
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- AT&T Inc. (NYSE: T)
- Cisco Systems Inc. (NASDAQ: CSCO)
- Eurotech S.p.A.
- HCL Technologies Limited
- Honeywell International Inc.
- Infosys Limited
- Intel Corporation
- International Business Machines Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Zebra Technologies Corporation.
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=5960&flag=C
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
