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Global Connected Logistics Market by Technology Bluetooth, Cellular, WI-FI, ZigBee, NFC, Satellite and Industry Business Overview, Analysis and Market Key players AT&T, Inc. , IBM Corporation, Intel Corporation , SAP SE, Eurotech S.P.A. , HCL Technologies
Connected Logistics technology can be defined as the interconnected devices that today's IoT solution providers and logistics provide to increase the operational efficiency of many logistics operations. Several connected logistics technologies such as warehouse management, vehicle management tracking, monitoring, transportation and other related logistics operations include order processing, financial transactions, dispatch and shipments. In addition, connected logistics establish communication between the parties without direct connectivity. In addition, connected logistics reduces emissions and environmental impact and provides real-time information on the development of the transportation and logistics industry.Global Connected Logistics Market was valued at USD 13.22 Billion in the year 2017. Global Connected logistics Market is further estimated to grow at a CAGR of 30.93 % from 2018 to reach USD 66.63 Billion by the year 2023. North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, developed markets U.S, China and Japan hold a substantial market share in 2017 and it is projected to grow at a gradual pace in the coming years.
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AT&T, Inc. (U.S), IBM Corporation (U.S), Intel Corporation (U.S), SAP SE (Germany), Eurotech S.P.A. (Italy), HCL Technologies Limited (Italy), Cisco Systems, Inc. (U.S), Infosys Limited (India), Zebra Technologies (U.S) and Oracle (U.S) are some of the key players in the connected logistics Market. Rising research and development expenses to address the changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
IoT (Internet of Things) is very useful for connected logistics market as follows.
Better asset management by emphasizing real-time product issues
Decrease in fuel costs by monitoring of fleet routes
Improved inventory management by reducing out-of-stock states.
Compliance management
Deeper insight into customer behavior and product usage.
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Key Market Players
AT&T, Inc.
IBM Corporation
Intel Corporation
SAP SE
Eurotech S.P.A.
HCL Technologies Limited
Cisco Systems, Inc.
Infosys Limited
Zebra Technologies
Oracle
(Another brief information of 10 companies will be provided in the report)
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Research Methodology:
• Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –
• Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
• Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
• To avoid bias, we filter the collected data collected from authenticated sources.
• GMI has a well proven Statistical Modeling System for estimates and forecasts.
• Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
• Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
About:
Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making. Genesis provides strategic plan for project execution and any operational support to help them grow their revenues. Company have faith on us to find new revenue streams, and minimizing market risks. We have accomplished our proficiency by being present in the world's 130+ most promising markets for over 20 years.
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