Fortune business insights recently published a detailed market research study focused on the “The connected logistics market share Report 2024” delivering key insights and providing a competitive advantage to clients through a detailed report. Connected Logistics Market Size, Share & Industry Analysis, By Component (Hardware, Solutions, Services), By Transportation Mode (Roadway, Railway, Airway, Seaway), By Vertical (Manufacturing, Automotive, Food and Beverages, Consumer Goods and Retail, Oil & Gas, Travel and Hospitality, Healthcare and Pharmaceuticals, and Others) and Regional Forecast, 2019-2032
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The competitive landscape of the market for connected logistics market is determined by assessing the major industry participants, production capacity, production capacity utilization rate, connected logistics marketM’s production chain, pricing by each manufacturer and the revenue generated by each manufacturer in the connected logistics marketM globally.
Top key players of connected logistics market:
AT&T Intellectual Property
Robert Bosch GmbH
Cisco Systems, Inc.
Freightgate Inc.
HCL Technologies Limited
Honeywell International Inc
IBM Corporation
Infosys Limited
Intel Corporation
NEC Corporation
One Network Enterprises
ORBCOMM
SAP SE
SIGFOX
Zebra Technologies Corp.
Market atributes:
Report Componant
Aspects
Forecast Period
2018-2032
Projected market valuve 2018
USD 14.49 billion
Forecasted market valuve 2032
USD 423.64 billion
Compound Annual Growth Rate
23.7
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Drivers and restraints:
Drivers:
Technological Advancements: Innovations in IoT, AI, and big data analytics enhance connectivity and efficiency in logistics operations.
Increased Demand for Real-Time Tracking: The need for real-time visibility and tracking of shipments drives the adoption of connected logistics solutions.
Focus on Supply Chain Optimization: Companies are investing in connected logistics to improve supply chain efficiency, reduce costs, and enhance overall operational performance.
Growth of E-Commerce: The expansion of e-commerce requires advanced logistics solutions to manage high volumes of orders and ensure timely deliveries.
Regulatory Requirements: Compliance with regulatory requirements for transparency and reporting in logistics drives the need for connected solutions.
Restraints:
High Implementation Costs: The initial investment in connected logistics technology, including sensors and software, can be significant.
Data Security Concerns: Increased connectivity raises concerns about data security and privacy, requiring robust protection measures.
Integration Challenges: Integrating new connected logistics solutions with existing systems can be complex and require significant technical expertise.
Dependence on Technology: Heavy reliance on technology can lead to disruptions if systems fail or experience technical issues.
Regulatory Compliance Issues: Adhering to varying regulations and standards across different regions can complicate the implementation of connected logistics solutions.
Regional analysis:
North America (US and Canada)
Europe (UK, Germany, France, Netherlands, and Rest of Europe)
Asia Pacific (China, Japan, India, Southeast Asia and Rest of Asia Pacific)
Middle East & Africa (GCC, South Africa and Rest of the Middle East & Africa)
Latin America (Mexico, Brazil and Rest of Latin America)
Table of Content :
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Key Industry Developments – Merger, Acquisitions, and Partnerships
Porter’s Five Forces Analysis
SWOT Analysis
Technological Developments
Value Chain Analysis
TOC Continued…!
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Key industry developments:
January 2020 – Trimble signed an agreement to acquire Kuebix, one of the leading transportation management system (TMS) providers, to bring together its network of the private fleet and commercial carrier to customers. This acquisition will augment the former's comprehensive transportation technology portfolio.
December 2018 – Intel Corporation introduced the Intel Connected Logistics Platform, a cost-effective IoT solution, to enable users to monitor the asset's location and condition in any environment throughout the supply chain.
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Key questions are answer in this report:
What is the market size of connected logistics market 2024?
Who are top key players in this report?
what are drivers in the connected logistics industry?
what is the future projection of connected logistics industry?