Press release
Connected Logistics Market Emerging Business Trends and Investment Research Report 2022-2026
The Connected Logistics Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Connected Logistics market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Connected Logistics market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Connected Logistics market.The Global Connected Logistics Market is expected to register a CAGR of 17.5% during the forecast period (2021 - 2026).
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Top Leading Companies of Connected Logistics Market are - Bosch Service Solutions GmbH, Cisco Systems, Inc, AT&T Inc., IBM Corporation, Intel Corporation, SAP SE, Oracle Corporation, Freightgate Inc., Orbcomm Inc., HCL Technologies Limited, Honeywell International Inc., Microsoft Corporation, Siemens AG and others.
Industry News and Updates:
- February 2019 - Intel announced the Intel Connected Logistics Platform (Intel CLP), a cost-effective internet of things (IoT) solution enabling users to monitor the condition and location of assets in any environment throughout the supply chain.
- February 2019 - Huawei released the Smart Logistics Solution during MWC 2019, aiming to help enterprises improve efficiency in fields such as transportation, distribution, and warehousing, facilitate agile innovation in the logistics industry, and achieve digital, information-based, and intelligent management.
Key Market Trends:
Increasing use of IoT and future technologies in different industries will drive the adoption of Connected Logistics
- According to CISCO, global internet traffic from non-PC devices was 47% of total IP traffic in 2015 and will be 71% of total IP traffic in 2020. Also, Machine-To-Machine (M2M) connections will be half of the total connected devices and connections in the world by 2023 up from 33% in 2018. There will be 14.7 billion M2M connections by 2023.?
- Verizon has conducted a survey in 2019 concluding that more than one-third of fleet managers who do not use fleet tracking solutions (fleet tracking solutions are mobile asset tracking solutions primarily fitted to trucks and other vehicles) say they would expect an increase in productivity if they implemented the technology. The survey also indicates that over 53% of companies that make use of asset tracking solutions reported actual productivity increases with most of the respondents reporting positive growth in productivity (53% respondents) and compliance (52% respondents).
Asia-Pacific Region to Exhibit Maximum Growth
- The Asia-Pacific region is expected to show robust growth in terms of revenue in the forecast period, significantly in the developing economies like India and China. Improvements in technology, increasing the use of sensors, and automation is certain factors expected to steer the market growth.
- For instance, China is the world’s largest E-Commerce market, with over 50% of global E-Commerce transactions coming from China. According to Dezan Shira & Associates, in 2018, China’s online retail sales reached USD 1.33 trillion and are forecasted to reach USD 1.99 trillion by the end of 2019. Also, in 2018, the number of digital buyers in China surpassed 560 million, with the total number projected to reach 634 million in 2020. Further, by 2020, China’s E-Commerce market is predicted to be larger than those of the U.S., UK, Japan, Germany, and France combined. The growth of E-commerce industry in recent years in China is attributed to the developments in the internet infrastructure and establishment of global logistics networks.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Connected Logistics Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Connected Logistics Market (%),2016 - 2026
- Connected Logistics Market Share, By Brand
- Connected Logistics Market Share, By Company
- Connected Logistics Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Connected Logistics Market Value Analysis & Forecast
- Promising Connected Logistics Development by Major Companies
- Detailed Connected Logistics Portfolio of the Major Companies
- Major Deals in the Connected Logistics Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/02082592702/connected-logistics-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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