Press release
Connected Logistics Market Growth Statistics, Share Estimation, Future Trends, Research Insights, COVID-19 Impact and Size Value By 2029
Connected Logistics Market
New study report” Connected Logistics Market 2022 Market Opportunities, Challenges, Strategies, and Forecasts 2029″ has been added to Fortune Business Insights.
Market Overview:
At the beginning of a recently published report on the Connected Logistics Market 2022-2029, extensive analysis of the industry has been done with an insightful explanation. The overview has explained the potential of the market and the role of key players that have been portrayed in the information that revealed the applications and manufacturing technology required for the growth of the Connected Logistics market.
The global connected logistics market size is projected to reach USD 82.14 Billion by 2029. The market was worth USD 14.49 billion in 2018 and will exhibit a CAGR of 24.7% during the forecast period, 2022-2029.
Various segments of the market have been divided into different divisions. They have been depicted maximum share and profit maximization of the market during the forecasting period of 2022 to 2029. This is mentioned in the report too. Depending on the information, it has been recognized with different data and figures offered by the analysis of the overall understanding of the market place and value. Various distinctive features involve the market’s knowledge based on the factors like the demographic changes, market dimensions, historical details, and market overviews. The research is also included in the strategic movements that are undertaken by the top-notch markets. Moreover, these key players affect the market growth and the profit rate of the overall market. In this report, the internal dimensions and assessments of the Connected Logistics market are revealed. The study of the Connected Logistics market’s description has been taking place during the 2022 period and the last year of the foreseen period that extends to 2029.
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List of Key Players Covered in the Connected Logistics Market Report:
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
Connected logistics is an interconnected system that delivers real-time data about the goods and products that are carried during the transportation. Use of real-time concepts such as IoT and AI have allowed improved efficacies. Recent advancements in products have led to a wider product adoption across the world. The increasing investment in the development of advanced connected logistics will emerge in favor of the growth of the market. The high demand for these products is consequential to the increasing trading activities in several countries across the world. Moreover, the decreasing costs of IoT-integrated systems, accounting to the availability of open source systems, will influence the growth of the market in the coming years.
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Increasing Number of Company Mergers Will Aid Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers and acquisitions have made the highest impact on the growth of the market. In January 2020, Trimble announced that it has completed the acquisition of. Through this acquisition, the company plans to enhance its transportation technology portfolio. Trimble will gain access to private fleet and commercial carrier. Trimble’s acquisition will not only help the company generate substantial market revenue, but will have a positive impact on the growth of the market in the coming years.
North America to Emerge Dominant; Growing Adoption of Logistic Solutions Will Aid Growth
The report analyses the ongoing smart label market trends across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these regions, the market in North America is likely to emerge dominant in the coming years. The increasing adoption of connected logistics solutions has created several growth opportunities for the companies operating in the regional market. As of 2018, the market in North America was worth USD 4.71 billion and this value is projected to increase further in the coming years. Besides North America, the market in Europe will witness considerable growth in the coming years.
Industry Developments:
December 2018 – Intel Corporation announced the launch of ‘Intel Connected Logistics Platform.’ The product is aa cost-effective IoT solution that will help users monitor and track the location of the assets during the transportation process.
Major Table of Content:
Introduction
Executive Summary
Market Dynamics
Key Insights
Connected Logistics Market Analysis, Insights and Forecast, 2022-2029
North America Connected Logistics Market Analysis, Insights and Forecast, 2022-2029
Europe Connected Logistics Market Analysis, Insights and Forecast, 2022-2029
Asia Pacific Connected Logistics Market Analysis, Insights and Forecast, 2022-2029
Middle East and Africa Connected Logistics Market Analysis, Insights and Forecast, 2022-2029
Latin America Connected Logistics Market Analysis, Insights and Forecast, 2022-2029
Market Share Analysis, By Key Players, 2022
Competition Matrix
Company Profile
Continue….
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬
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