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Connected Logistics Market: Growth Opportunities, Key Players, and Trends by 2024

Gain insights into the Connected Logistics Market, exploring key drivers, trends, and market forecasts for 2024, vital for logistics providers and technology innovators.

The Connected Logistics Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the Connected Logistics Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

The global connected logistics market size was valued at USD 14.49 billion in 2018 and is projected to grow worth USD 423.64 billion by 2032, growing at a CAGR of 23.7% during the forecast period. North America dominated the connected logistics market with a market share of 32.50% in 2018.

Recent industry developments are;

  • 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.
  • 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.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

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.

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Connected Logistics Market Segmentation:

By Component

  • Hardware
    • Gateway
    • RFID Tags
    • Sensor Node
  • Solutions
    • Warehouse Management
    • Freight Management
    • Fleet Management
    • Asset Tracking and Management
    • Device Management
    • Connectivity Management
    • Others
  • Services
    • Managed Services
    • Professional 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
  • Others

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the Connected Logistics Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the Connected Logistics Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

  • Drivers:
    • Increasing demand for real-time tracking and visibility in supply chain management to enhance operational efficiency.
    • Advancements in IoT and cloud technologies enabling better data analytics and decision-making in logistics operations.
  • Restraints:
    • High implementation costs for connected logistics solutions may pose a barrier for small to medium-sized enterprises.
    • Concerns regarding data security and privacy in the collection and sharing of sensitive logistics information.

Table of Contents:

  • 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…!

Connected Logistics Market Regional Segmentation:

  • 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)

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