Connected Logistics Market is Expected to Reach USD 527.00 Billion by 2030

In this swiftly revolutionizing industry, market research or secondary research is the best approach to collect the information quickly and hence Global Connected Logistics Market research report is vital. This market report has been prepared with the combination of steps which employs a nice blend of industry insights, practical solutions, and latest tools and technologies. The report aids in identifying and analysing the rising trends along with major drivers, inhibitors, challenges and opportunities in the market. SWOT analysis and Porter's Five Forces Analysis are the two constantly and favorably used tools for structuring the world class market report.

The market analysis and insights covered in the persuasive Connected Logistics market research report provides key statistics on the market status of global and regional manufacturers and is an important source of guidance which gives proper direction to the companies and individuals interested in the industry. Deadline driven generation of report, commitment for the quality and transparency in research method are few of the features with which Connected Logistics report can be referred confidently. Achieving maximum return on investment (ROI) is one of the most aspiring goals for any industry which can be achieved with the greatest market research report.

Connected logistics has changed the way logistical operations are carried out so that they are more focused on the needs of the customer by sharing data, information, and facts with supply chain partners. In order to increase the productivity of logistics operations, linked logistics makes use of a network of interconnected communication systems, cloud platforms, and Internet of Things (IoT) technologies.

Data Bridge Market Research analyses that the connected logistics market, which was USD 23.74 billion in 2022, is expected to reach USD 527.00 billion by 2030, at a CAGR of 47.35% during the forecast period 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

By enabling hub operators to keep an eye on inbound and outbound traffic, connected logistics makes it easier to establish and improve connections amongst all partners involved in the logistics network. More transparency and increased productivity are the results of this. Connected logistics may also be described as a collection of networked devices that logistics service providers utilise to get a better understanding of order processing, financial transactions, shipping, and other logistical activities including warehousing, transportation, and other value-added logistics services.

Drivers

Growing focus on reducing transportation costs will drive the market growth

The need for connected logistics goods and solutions is being driven by the need to lower the cost of shipping and storage services. Intelligent transport systems are expected to become even more necessary. The target market is expected to benefit financially from improved adoption of logistics 4.0 and continued efforts to enhance autonomous logistics vehicles during the projected period. One of the key reasons influencing the growth of the target market is the decreasing cost of loT sensors and linked logistics hardware.

Growing demand for autonomous trucks by end user verticals

The demand for autonomous trucks and vehicles is rising, which has several benefits for various industries that struggle with the requirement for faster delivery times. As a result, there is a rising need for these vehicles in industries like manufacturing, food and beverage, health care and medicines, and transportation of commodities. Growing mobility demand has created difficulties such fluctuating oil costs, significant investments, and pollution control. High-tech vehicles employed in logistics and supply chains help to boost environmental sustainability while also enhancing transit efficiency and safety. This desire for a rising number of high-tech vehicles is also being driven by the growing availability of linked drones.

Global Connected Logistics Market: Competitive Analysis

This report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies. The competitive analysis helps the vendor to define an alignment or fit between their capabilities and opportunities for future growth prospects.

The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Connected Logistics Market including Cisco Systems Inc., (U.S.), Microsoft (U.S.), IBM (U.S.), SAP SE (U.S.), Oracle (U.S.), AT&T Intellectual Property (U.S.), Intel Corporation (U.S.), Eurotech S.p.A. (Italy), Infosys Limited (India), HCL Technologies Limited (India), ORBCOMM. (U.S.), CLOUD LOGISTICS. (U.S.), Freightgate Inc. (U.S.), Amazon Web Services, Inc., (U.S.), Veridify Security Inc. (U.S.), BluJay Solutions Ltd. (U.S.), Dynatrace LLC. (U.S.), Freightos Limited (Cayman Islands).

It becomes easy to achieve supreme level of insights and obtain knowhow of the best market opportunities into the specific markets with Connected Logistics market report. The report lists down the company profiles of major market players and brands which explore their actions about product launches, product enhancements, joint ventures, mergers and acquisitions with respect to effect on the sales, import, export, revenue and CAGR values. To acquire best quality market data and information specific to the niche and business requirements, this market report has a lot to offer.

For Complete Report Details, Visit @ https://www.databridgemarketresearch.com/reports/global-connected-logistics-market

Major Regions:

Geographically, this report split into several key regions, with sales (MT), Revenue (Million USD), market share, and growth rate for these regions, covering

**North America (United States, Canada and Mexico)

**Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

**Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

**South America (Brazil, Argentina, Colombia, and Rest of South America)

**Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

In addition to the growing use of linked logistics solutions that make use of cutting-edge technologies, North America currently controls the majority of the connected logistics market. Additionally, businesses are implementing connected logistics technologies to improve operational efficiency and supply chain management, which will further spur the expansion of the connected logistics market in the region over the course of the forecast period.

Given that Asia-Pacific has the largest consumer base in the world, which facilitates the flow of goods and has less regulatory requirements, the area is expected to experience considerable growth in the connected logistics market. Additionally, local players are putting new technologies into practise to provide better solutions, which is expected to further fuel the connected logistics market's growth in the foreseeable future.

Crucial Takeaways: Global Connected Logistics Market

Committed to offer real time data on ongoing market developments and trends, this detailed research report on global Connected Logistics market also entails a clear and detailed overview of the this market amidst the global pandemic and the various pandemic management operation designed and implemented by frontline and contributing players alike.

The report particularly zooms in to find the prominent market alterations affecting global Connected Logistics market in a multi-dimensional scheme encompassing production and consumption patterns, CAGR percentage, pricing alteration, besides lending significant awareness upon evident challenges, threats, development cycles.

The report includes detailed market overview inclusive of details in the historical and current timelines. The report scouts for noteworthy trends and profit generation trends in the past decades, followed by current status.

The multi-timeline Connected Logistics market analysis is in place to allow market players devise growth-oriented business strategies and tactical decisions, thus securing healthy growth trail and profit numbers in the foreseeable future.

Relevant details on prevalent market competition and rising intensity with inclusion of new market players also find ample mention in the report to evoke wise comprehension and appropriate growth related business strategies, favoring strong competitive edge. Details on technological innovation, and inputs on M&A developments, commercial agreements have all been touched upon in this illustrative research report on the Connected Logistics market.

Key Pointers Covered in Table of Content:

Chapter 1. Report Overview

Chapter 2. Global Growth Trends

Chapter 3. Market Share by Key Players

Chapter 4. Breakdown Data by Type and Application

Chapter 5. Market by End Users/Application

Chapter 6. COVID-19 Outbreak: Connected Logistics Industry Impact

Chapter 7. Opportunity Analysis in Covid-19 Crisis

Chapter 8. Market Driving Force

And Many More…

Customization of the Report:

Data Bridge Market Research also provides customization options to tailor the reports as per client requirements. This report can be personalized to cater to your research needs. Feel free to get in touch with our sales team, who will ensure that you get a report as per your needs.

Thanks for reading this article you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.

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