Precision Business Insights has published a report on the global connected logistics market, estimating its value at USD 18,200 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 14.6% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/connected-logistics-market
The Connected Logistics Market refers to the integration of digital technologies into logistics operations, including as the Internet of Things (IoT), cloud computing, artificial intelligence, and big data, to provide real-time visibility, automation, and seamless supply chain coordination.
Drivers:
- Rising online sales drive the need for agile, tech-enabled logistics solutions.
- Connected systems streamline operations and reduce shipping and storage costs.
The global connected logistics market segmentation:
1) By Software Solution: Asset Management, Security, and More
2) By Product Type: Device Management, Application Management, and More
3) By Transportation Mode: Roadways, Railways, and More
4) By End-User Industry: Automotive, Manufacturing and More
5) By Service Type: Managed Services and More
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Regional Overview:
The report also examines the current concerns and their Future Effects on the connected logistics market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the connected logistics market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Intel Corporation, Infosys Limited, Cisco Systems Inc., HCL Technologies Limited, IBM Corporation, SAP SE, ORBOCMM, Freightgate Inc., Honeywell International Inc., NEC Corporation
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