Connected logistics Market - Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis 2017 - 2025

Connected logistics also known as smart logistics refers the adoption of multiple technologies such as communication devices, advanced network connections and internet of things (IoT) to transform the traditional logistics strategy into a more efficient customer centric process. IoT in the logistics sector primarily focuses on sensing and sense making. Sensing refers to the monitoring of assets within the supply chain through different IoT enabled technologies. Sense making refers to the handling of data generated in the process and converting this data into business insights. Smart logistics helps in achieving the efficiency between the partners involved in logistics supply chain by monitoring the inward and outward traffic.

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Increasing demand from the end use regarding the detailed shipment tracking for achieving the transparency in the real time forms the major factor in propelling the connected logistics market. Colossal growth in the number of mobile users allowing the real time tracking of assets within the supply chain is one of the significant factors in raising the market. Advancement in the vehicle tracking technology has enabled an efficient way for the monitoring. Software solutions also help in the detection of unauthorized objects in the vehicles. However lack of government standards and regulations in the logistics process may hamper the market growth.

Market Segmentation:
Connected logistics market is bifurcated on the basis of: software components and services, platform, by transportation and the vertical industry. Based on the software component used the market is bifurcated into: asset monitoring, security, network management and streaming analytics. Depending upon the platform the market is segmented into: device management, network management and application management platform. On the basis of services offered the market is divided into professional and managed services. On the basis of transportation modes used the market is segmented into: roadways, railways, seaways and airways. Depending upon the adoption in vertical industry the market covers: Manufacturing, Automotive, Food and beverages, chemicals and others.

Regional Analysis:
The regional segmentation of the connected logistics covers North America, Europe, Asia Pacific and LAMEA. Among the following regions North America is expected to hold the largest market share owing to the high investment in the research and development of Internet of things and associated services. Innovative product strategies adopted by the major players also forms the significant factors in expanding the market. Asia Pacific is expected to show a fast growth in the market owing to the increased mobile users and large scale adoption cloud based services.

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Key players:
The key vendors in the connected logistics market are: AT&T Inc. , Eurotech S.P.A. , IBM Corporation , Intel Corporation , SAP SE , Infosys Limited , Cisco Systems, Inc. , HCL Technologies Limited , Orbcomm Inc. , Cloud Logistics , Freightgate Inc.

Global Connected Logistics Market Segmentation:
By Software:
• Asset Monitoring
• Network Management
• Streaming Analytics
• Security

By Services:
• Professional Services
• Managed Services

By Platform:
• Device Management
• Network Management
• Application Management

By Transportation Modes:
• Roadways
• Airways
• Railways
• Seaways

By End-User:
• Manufacturing
• Automotives
• Food and Beverages
• Others

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