Globalization has made this world a single market. Business network primarily for logistics that enable center point administrators and a few others to screen and oversee movement both inside and in addition towards the center is called connected logistics. In today’s world, the need for tracking of vehicles in real time has become important part of logistics so as to certify on time and safe delivery, which in turn has increased the demand for connected logistics. With the use of connected logistics services, which develops a large amount of data of different sectors that can be stored and used as and when required in real time for data analyzing to achieve a top level of accuracy. It is useful in all the hierarchy of logistics chain supply such as transportation, warehousing and till final stage of delivery. One of the major trends in connected logistics market is the implementation of IoT in supply chain management (SCM) system. IoT is gaining popularity in implementation because smart equipment’s and devices help track the shipment in real time.
How Big is the Global Connected Logistics Market?
The Connected Logistics Market is expected to be around US$ 95.50 Billion by 2025 at a CAGR of 32.7% in the given forecast period.
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The major driving factors of Connected Logistics Market are as follows:
Decliningcost of sensors
Transparency in logistics
Requirement for operational efficiency
High tech vehicles use is increasing
R & D in mobile technologies
Development of IoT connecting devices
The restraining factors of Connected Logistics Market are as follows:
Dearth of uniform governance standards
Safety and security issues in logistics
Improper data management and interpretation
The Connected Logistics Market is segmented on the lines of its platform, service, software, transportation mode, vertical and regional. Based on platform segmentation it covers device management, application management, connectivity management. Based on services segmentation it coversprofessional service, consulting service, integration and deployment, support and maintenance, managed service. Based on software segmentation it covers asset management, remote asset tracking, predictive asset management and monitoring, warehouse IoT, warehouse management system, warehouse control system, building automation system, security, network management, data management, streaming analytics. Based on transportation mode segmentation it covers roadway, railway, airway, seaway. Based on vertical segmentation it covers retail, manufacturing, oil & energy and gas, pharmaceuticals and healthcare, telecom and it, automotive, aerospace and defense, food and beverage, chemical, others (marine and apparel logistics). The Connected Logistics Marketon geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Connected Logistics Market and related technologies.
2) Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2025.
3) Identifications of new market opportunities and targeted promotional plans for Connected Logistics Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of global and regional markets on Connected Logistics Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Eurotech S.P.A. (Amaro, Italy), IBM Corporation (New York, U.S.), Intel Corporation (California, U.S.), SAP SE (Walldorf, Germany), Infosys Ltd., (Bengaluru, India), AT&T, Inc. (Texas, U.S.), Cisco Systems, Inc., (California, U.S.), HCL Technologies Ltd. (Noida, India), Orbcom Inc. (New Jersey, U.S.), Cloud Logistics (Florida U.S.), and Freightgate Inc. (California, U.S.). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Connected Logistics Market has been segmented as below:
By Software Analysis:
Remote asset tracking
Predictive asset management and monitoring
Warehouse management system
Warehouse control system
Building automation system
By Platform Analysis:
By Service Analysis:
Integration and deployment
Support and maintenance
By Transportation Mode Analysis:
By Vertical Analysis:
Oil & Energy and Gas
Pharmaceuticals and Healthcare
Telecom and IT
Aerospace and Defense
Food and Beverage
Others (marine and apparel logistics)
By Regional Analysis:
Rest of the World
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4) Assess your competitor’s refining portfolio and its evolution.
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