DUBLIN, Sept. 16, 2022 /PRNewswire/ — The “Connected Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s providing.
The world linked logistics market reached a worth of US$ 25.55 Billion in 2021. Looking ahead, the writer expects the market to attain a worth of US$ 67.96 Billion by 2027, exhibiting a CAGR of 17.71% throughout 2021-2027. Keeping in thoughts the uncertainties of COVID-19, we’re repeatedly monitoring and evaluating the direct in addition to the oblique affect of the pandemic on completely different finish use industries. These insights are included within the report as a serious market contributor.
Connected logistics permit organizations to plan orders and shipments upfront and assist them forestall delayed deliveries by offering cargo monitoring with real-time tracing and monitoring.
It additionally provides geofencing, route optimization, fleet administration, car analytics, and safety from theft, loss, or harm of shipments. Besides this, it helps forecast for predictable departure and arrival of shipments, enhance operational effectivity, and improve productiveness by integrating a number of linked units on a single interface. As a consequence, linked logistics discover in depth functions in companies throughout completely different trade verticals, resembling automotive, healthcare, retail, manufacturing, and meals and beverage (F&B).
Connected Logistics Market Trends:
The thriving info know-how (IT) sector represents one of many key elements positively influencing the market. Moreover, standard logistics cycles do not need transparency and readability because the logistics workflow depends on historic info for ongoing transportation and supply processes.
As a consequence, there are variations between the estimates about gasoline costs, route selections, and different features. However, linked logistics integrates radio frequency identification (RFID) chips and the web of issues (IoT) units in carriage vehicles, shipments, and particular person product models. The knowledge generated from these units allows organizations to know the precise location and situation of the hundreds.
Additionally, they’ll interpret the transportation and delivery costs out there earlier than they choose their freight forwarders for abroad delivery, which will increase the general visibility and transparency in logistics. Apart from this, elements, together with space for storing, the proper placement of inventory, and the variety of laborers required may be predetermined utilizing linked logistics. This, coupled with the rising adoption of cloud-based options and the rising digitalization in companies throughout the globe, is stimulating the market progress.
Key Market Segmentation
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
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
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global Connected Logistics Market
6 Market Breakup by Component
7 Market Breakup by Software
8 Market Breakup by Technology
9 Market Breakup by Devices
10 Market Breakup by Transportation Mode
11 Market Breakup by End Use Industry
12 Market Breakup by Region
13 SWOT Analysis
14 Value Chain Analysis
15 Porters Five Forces Analysis
16 Price Analysis
17 Competitive Landscape
Companies Mentioned
- AT&T Inc.
- Cisco Systems Inc.
- 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.
For extra details about this report go to https://www.researchandmarkets.com/r/ie1vwt
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Research and Markets
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SOURCE Research and Markets
