Connected Logistics Market Poised to Expand at a Robust Pace Over 2019 – 2029

Global connected logistics market: Overview

Enterprise network mostly for logistics which supports hub operators and various others to monitor and manage traffic both inside as well as towards the hub is called as connected logistics. Connected Logistics technology can be defined as interconnected devices that today’s IoT solution providers and logistics render to boost the operating efficiency of many logistics tasks. Few connected logistics technologies such as warehouse management, fleet management tracking, monitoring, transportation, and other associated logistics operations, include order processing, financial transactions, dispatching, and shipping. In addition, connected logistics also establish communication among all parties involved although they don’t have direct connectivity. Apart from this, connected logistics also reduces emissions and environmental harms and delivers real-time information into the progress of transportation & logistics industry. Sensors and Connected devices are installed in movable containers and storage facilities so that it would be helpful to monitor and provide real-time information to supply chain management team. The data generated from these connected devices are large in size which requires the technologies such as RFID, sensors, bar codes and GPS

IoT (Internet of Things) is highly helpful for the connected logistics market as follows:-

Better asset management by emphasizing real-time product issues
Decrease in fuel costs by monitoring of fleet routes
Improved inventory management by reducing out-of-stock states.
Compliance management
Deeper insight into customer behavior and product usage.

Global connected logistics market: Drivers and Restraints

The key driving factors for global connected logistics market are the rapid rate of internet of things components including sensors, growing demand for cloud-based solutions and RFID and Internet ubiquity across the globe. Also, big data and analytics platform are another major factors which are driving the global connected logistics market. The macroeconomic factors which drive the global connected logistics market are changing the lifestyle of consumers, emerging economy and rapid rate of smart cities in emerging countries such as China, Brazil, and India. The growth of the global connected logistics market is also supported by the introduction of new application and cloud base solutions for the transportation and management of products, include tracking of goods, and movement of plane, trucks, and ship which carry them, and those products are connected with sensors. The key restraining factors of global connected logistics market are security issues, owing to rising cybercrime and network connectivity issues.

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Global connected logistics market: Segmentation

Global connected logistics market can be segmented based on end-use industry, transportation mode, software, platform, service, and region.

Global connected logistics market can be segmented on the end-use industry as follow:-

BFSI (Banking Financial Services and Insurance)
Retail and consumer packaged goods
Healthcare/Pharmaceuticals
telecom, media, and entertainment
Manufacturing
Travel & Hospitality
Energy, resources, and utilities.
Others

Global connected logistics market can be segmented on transportation mode as follow:-

Airway
Railway
Seaway
Roadway

Global connected logistics market can be segmented by service type as follow:-

Professional Service
Consulting service
Managed Service
Deployment and Integration service
Support and maintenance

Global connected logistics market can be segmented by software type as follow:-

Asset Management
Remote asset tracking
Building automation system
Security management
Network Management
Database Management
Warehouse control system
Streaming Analytics
Monitoring control management system
Warehouse IoT
Inventory management system

Global connected logistics market can be segmented by platform type as follow:-

Connectivity management
Device management
Application management

Global connected logistics market: Segmentation Overview

Global connected logistics market segmentation is done by end use industry includes BFSI, retail and consumer packaged goods, telecom, media and entertainment, Manufacturing and much more. Among these mentioned end-use industry, retail and consumer packaged goods are estimated to witness a positive growth over the forecast year in the global connected logistics market. Asset management is estimated to account highest market share over the forecast year in connected logistics market across the globe.

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Global connected logistics market: Regional Outlook

Based on the geographies, Global connected logistics market is segmented into seven regions - Eastern Europe Western Europe, North America, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. Among the regions as mentioned above, North America accounts for the largest market share followed by Western Europe for global connected logistics market. Asia Pacific is estimated to gain the highest CAGR in the global connected logistics market.

Few prominent player of global connected logistics market as follow:-

AT&T Inc
Infosys Limited
Cisco System Inc
IBM Corporation
Intel Corporation
Cloud Logistics
Freightgate Inc
Eurotech S.P.A
SAP SE

The report covers exhaustive analysis on:

Connected Logistics Market Segments
Connected Logistics Market Dynamics
Historical Actual Market Size, 2014 - 2016
Connected Logistics Market Size & Forecast 2017 To 2027
Supply & Demand Value Chain
Connected Logistics Market Current Trends/Issues/Challenges
Competition & Companies involved
Connected Logistics Technology
Connected Logistics Value Chain

Connected Logistics Market Drivers and Restraints

Regional analysis for Connected Logistics Market includes

Connected Logistics Market by North America

US & Canada

Connected Logistics Market by Latin America

Brazil, Argentina & Others

Connected Logistics Market by Western Europe

EU5
Nordics
Benelux

Connected Logistics Market by Eastern Europe

Russia
Poland
Rest of Eastern Europe

Connected Logistics Market by Asia Pacific

Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific

Connected Logistics Market by Japan
Connected Logistics Market by the Middle East and Africa

GCC Countries
Other Middle East
North Africa
South Africa
Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.