Connected Logistics Market Size USD 423.64 billion, Forecast Till 2032
What is Driving Growth in the Connected Logistics Market?
In recent years, the Connected Logistics Market Size has experienced substantial growth due to rising global demand and rapid technological advancements. This comprehensive report explores the current market trends, future growth opportunities, and detailed segmentation across key categories such as [key segment categories].
"The global connected logistics market size was valued at USD 14.49 billion in 2018 and is projected to grow worth USD 423.64 billion by 2032, growing at a CAGR of 23.7% during the forecast period. North America dominated the connected logistics market with a market share of 32.50% in 2018."
What is the Market Forecast for the Connected Logistics Industry?
The Connected Logistics market is projected to grow significantly over the forecast period, supported by increasing automation, evolving consumer preferences, and strong investments in innovation. The report provides a full forecast including market size, CAGR, and year-over-year growth analysis.
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Who are the Leading Companies in the Connected Logistics Market?
The Connected Logistics market is led by top players such as AT&T Intellectual Property, Robert Bosch GmbH, Cisco Systems, Inc., Freightgate Inc., HCL Technologies Limited, Honeywell International Inc, IBM Corporation, Infosys Limited, Intel Corporation, NEC Corporation, One Network Enterprises, ORBCOMM, SAP SE, SIGFOX, Zebra Technologies Corp. and other prominent industry participants. These companies are investing in product innovation, global expansion, and mergers and acquisitions to strengthen their market position.
What are the Key Features of the Connected Logistics Market Report?
Market performance and growth trends
Market outlook through 2032
Impact of COVID-19 on the industry
Porter's Five Forces and SWOT analysis
Competitive landscape and major developments
Value chain and supply chain analysis
Regional market performance and future potential
What Insights Does the Report Provide on Regional Markets?
The report provides a detailed regional breakdown covering:
North America including the United States, Canada, and Mexico
Europe including Germany, the United Kingdom, France, Italy, Spain, and rest of Europe
Asia Pacific including China, India, Japan, South Korea, Australia, and rest of Asia Pacific
South America including Brazil, Argentina, and rest of South America
Middle East and Africa including Saudi Arabia, the United Arab Emirates, South Africa, and the rest of MEA
This regional insight helps businesses understand market dynamics across key geographies and develop targeted growth strategies.
What are the Latest Developments in the Connected Logistics Market?
Recent developments include strategic partnerships, technological advancements, new product launches, and expansion into emerging markets. These updates are helping reshape the competitive landscape and create new opportunities for growth.
- Trimble signed an agreement to acquire Kuebix, one of the leading transportation management system (TMS) providers, to bring together its network of the private fleet and commercial carrier to customers. This acquisition will augment the former's comprehensive transportation technology portfolio.
- Intel Corporation introduced the Intel Connected Logistics Platform, a cost-effective IoT solution, to enable users to monitor the asset's location and condition in any environment throughout the supply chain.
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