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Internet of Things (IoT) in Logistics Market reached a value of US$ 119.72 Bn. in 2029. Internet of Things (IoT) in Logistics Market size is estimated to grow at a CAGR of 13.25%.
Internet of Things (IoT) in Logistics Market
The comprehensive report provides an in-depth analysis of the IoT in Logistics market, including its scope, drivers, restraints, and regional insights. The research methodology employed in the report ensures accuracy and reliability, making it an invaluable resource for industry stakeholders.
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Internet of Things (IoT) in Logistics Market Dynamics:
The report highlights several key drivers propelling the growth of the IoT in Logistics market, including rapid digitization, the surge in e-commerce, and the demand for enhanced logistics efficiency. Digitization, including data analytics, robotics, and self-driving technologies, is transforming the industry by improving operational efficiency and addressing workforce challenges.
The booming e-commerce sector, accounting for a significant portion of retail sales, is reshaping consumer expectations, driving the need for rapid and efficient shipping. IoT solutions are playing a crucial role in managing shipment variability and meeting customer demands.
IoT solutions are also driving efficiency improvements in logistics operations, from inventory management to real-time tracking, leading to increased adoption.
Internet of Things (IoT) in Logistics Market Regional Insights:
North America emerged as the largest market for IoT in Logistics in 2021, driven by digital advancements, internet penetration, and the growth of e-commerce. The region's focus on training professionals in cutting-edge technologies and promotional activities for IoT solutions is creating opportunities for innovators.
Meanwhile, the Asia Pacific region is expected to exhibit the highest CAGR during the forecast period, driven by shifting consumer habits and rapid industrialization in countries like India and China.
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Internet of Things (IoT) in Logistics Market Segmentation:
by Software
• Resource Monitoring
• Safety and Security
• Traffic and Fleet Management
• Others
by Hardware
• GPS Tracking Devices
• RFID Tags
• Sensor Nodes
• Others
by Organization Size
• Large Enterprises
• SMEs
by Application
• Warehouse
• Freight
• Yard/dock
• Fleet
• Others
Internet of Things (IoT) in Logistics Market Key Players:
• Amazon Web Services Inc.
• IBM Corporation
• Intel Corporation
• AT&T Inc.
• PTC Inc.
• Hexagon AB
• Eurotech S.p.A.
• Cisco System Inc.
• Veridify Security Inc.
• ORBCOMM Inc.
• E2open, LLC
• NEC Corporation
• Honeywell International Inc.
• Qualcomm Inc.
• Microsoft Corp.
• SAP SE
• Oracle Corp.
• Octonion SA.
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Table of content for the Internet of Things (IoT) in Logistics Market includes:
1. Global Internet of Things (IoT) in Logistics Market : Research Methodology
2. Global Internet of Things (IoT) in Logistics Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Global Internet of Things (IoT) in Logistics Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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