Blog Information

• Posted By : Abhay Rajput
• Posted On : Mar 24, 2023
• Views : 61
• Category : General
• Description : 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.

Overview

• 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 enables corporations to plan shipments and orders in advance and help prevent delayed deliveries by offering shipment tracking with real-time tracking. They use various platforms, software, and hardware to obtain real-time information. They transport goods through several modes, such as airways, roadways, railways, and seaways. They are employed to provide supply chain partners with all essential data and logistics information to streamline transportation processes. In addition, they provide fleet management, geofencing, vehicle analytics, route optimization, and safety from loss, theft, or damage of shipments. Owing to these benefits, connected logistics are widely adopted in retail, automotive, manufacturing, healthcare, and food and beverage (F&B) sectors.

  Request for a free sample copy of this report: https://www.imarcgroup.com/connected-logistics-market/requestsample

  Connected Logistics Market Trends and Drivers:

  The market is primarily driven by the significant expansion in the information and technology (IT) sector. In addition, connected logistics provide numerous benefits, such as real-time access, increased productivity, and improved operational efficiency contributing to market growth. Moreover, various technological advancements, such as the incorporation of sensor-based technology like radio frequency identification (RFID) chips and internet of things (IoT) devices in shipments, vehicles, and individual products, that generates data and allows organizations to track the exact location and condition of their shipments represents another major growth-inducing factor. Furthermore, the widespread adoption of cloud-based solutions and increasing digitalization in corporations are creating a positive market outlook across the globe.

  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 Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/connected-logistics-market

  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