How big is the Connected Logistics Market?

The Connected Logistics Market size is expected to reach USD 30.03 billion in 2024 and grow at a CAGR of 13.02% to reach USD 55.38 billion by 2029. Read More

What is the current Connected Logistics Market size?

In 2024, the Connected Logistics Market size is expected to reach USD 30.03 billion. Read More

Who are the key players in Connected Logistics Market?

IBM Corporation, Intel Corporation, Robert Bosch GmbH, Cisco Systems, Inc. and AT&T Inc. are the major companies operating in the Connected Logistics Market. Read More

Which is the fastest growing region in Connected Logistics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Connected Logistics Market?

In 2024, the North America accounts for the largest market share in Connected Logistics Market. Read More

What years does this Connected Logistics Market cover, and what was the market size in 2023?

In 2023, the Connected Logistics Market size was estimated at USD 26.12 billion. The report covers the Connected Logistics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Connected Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Connected Logistics Market Size & Share Analysis - Industry Research Report

Connected Logistics Market Size, Share & Analysis - Growth, Trends & Forecasts (2024 - 2029)

The Connected Logistics Market Report is Segmented by Software (Asset Management, Warehouse IoT, Security, Data Management, Network Management, Streaming Analytics), Service (Professional Services, Managed Service), Transportation Mode (Roadways, Railways, Airways, Seaways), End-User Industries (Automotive, Manufacturing, Oil and Gas, IT & Telecom, Healthcare, IT and Telecommunication, Retail, Food and Beverage, Other End-User Industries), and Geography (North America, Europe, Asia-Pacific, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Connected Logistics Industry Overview

Moderately Consolidated Market Dominated by Leading Technology Companies: The Connected Logistics market is characterized by a moderately consolidated landscape, where major global technology companies hold significant influence. Dominance is shared among well-established conglomerates and specialized technology providers, leading to a competitive environment that balances innovation and market control. The presence of multinational corporations underscores the global nature of this market, with a focus on enhancing logistics operations through advanced connectivity solutions.

Key Players Driving Market Innovation: The market's major players include IBM Corporation, Intel Corporation, Robert Bosch GmbH, Cisco Systems, Inc., and AT&T Inc. These companies leverage their extensive expertise in technology, hardware, and software solutions to offer comprehensive logistics services that improve efficiency, reduce costs, and enhance real-time decision-making. Their dominance is largely due to their ability to integrate cutting-edge technologies such as IoT, AI, and cloud computing into logistics systems, thus setting industry standards and securing substantial market shares.

Factors for Future Success: As the Connected Logistics market evolves, trends such as the integration of AI and IoT, the shift towards sustainable logistics, and the growing importance of cybersecurity are becoming pivotal. Companies aiming to succeed in this market must focus on developing solutions that offer greater transparency, security, and adaptability to varying regulatory environments. Additionally, partnerships and strategic acquisitions are expected to be key strategies for maintaining a competitive edge and expanding market presence.