The global connected logistics market is estimated to grow at a CAGR of over 28% during the forecast period. The major factors contributing to the growth of the market include a significant rise in the e-commerce industry and the emerging adoption of IoT connected devices in the logistics industry. IoT has quickly changed the transportation coupled with the innovations in mobile and connectivity. IoT has made everything possible, ranging from potential road safety issues to the monitoring of the fleet management systems.

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The major IoT applications and main components of connected logistics systems include safe transportation, inventory management, supply chain monitoring, process automation, and vehicle tracking. Warehousing and inventory management are considered as the most essential components of smart logistics. With the use of small cost-effective sensors, the companies can simply track inventory items and track the status of their products. With IoT technology, the companies can ensure safe storage of goods and are able to successfully prevent any losses, as well as efficiently locate an item required. Due to this efficiency, it is expected that nearly all logistics companies have been employed such kinds of IoT solutions in their work for efficient supply chain management and tracking and monitoring of warehousing activities.

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Global Connected Logistics Market Segmentation

By Solution

Asset Tracking & Management

Data Management

Network Management

Security

Others (Streaming Analytics)

By End-Use Industry

Food & Beverage

Healthcare

Retail

Manufacturing

Oil & Gas

Others (Chemical)

By Mode

Roadway

Waterway

Railway

Airway

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Amazon Web Services, Inc.

AT&T, Inc.

Bosch Service Solutions GmbH

Cisco Systems, Inc.

Ericsson AB

Eurotech S.P.A.

Freightgate, Inc.

Google LLC

HCL Technologies Ltd.

Huawei Technologies Co., Ltd.

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