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Global IoT Powered Logistics Market Size Worth USD 116.70 Billion By 2030 | CAGR 12%: Infinium Global Research
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Key Market Insights:
The global IoT-powered logistics market, valued at around USD 46.24 billion in 2022, is projected to escalate to USD 116.70 billion by 2030, boasting a significant CAGR of 12.3% during the forecast period from 2023 to 2030.
Market Overview:
IoT-powered logistics represents a paradigm shift in the traditional supply chain model, integrating IoT technology to augment efficiency, visibility, and decision-making. This innovative approach incorporates smart sensors and devices across logistics processes, collecting real-time data on goods and assets' location, status, and condition. These interconnected devices transmit and analyze data, empowering stakeholders with critical insights into logistics operations. This transformative technology optimizes route planning, enhances inventory management, and facilitates proactive maintenance, thereby revolutionizing the logistics landscape.
Driving Forces:
The surge in demand for IoT-powered logistics stems from the need for real-time visibility and heightened operational efficiency. The integration of IoT sensors enables continuous tracking of shipments, minimizing risks and enhancing supply chain reliability. Automation and connectivity through IoT devices streamline processes, reducing costs and optimizing delivery times. Despite these advantages, concerns related to cybersecurity and data privacy could potentially impede market growth. However, the burgeoning e-commerce industry offers a promising avenue for market expansion.
Regional Dynamics:
North America is poised to dominate the market owing to robust technological infrastructure, early IoT adoption, and a mature logistics sector. The region's awareness of IoT benefits, supportive government initiatives, and a conducive business environment drive market growth. Meanwhile, the Asia-Pacific region emerges as the fastest-growing market, fueled by rapid industrialization, expanding e-commerce, and a growing demand for efficient supply chain solutions. APAC's diverse economies and investments in IoT technologies bolster its accelerated adoption, making it a vital growth engine for the IoT-powered logistics market.
Segmentation Analysis:
The report encompasses segments such as components (software, hardware) and applications (fleet, freight, warehouse, yard/dock), offering a comprehensive view of market diversity.
Company Profiles:
Infinium Global Research profiles key market players, including Cisco Systems, Inc., NEC Corporation India Private Limited, Intel Corporation, Honeywell International Inc, and more, providing insights into their strategies and contributions to the market landscape.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. IoT Powered Logistics Market Highlights
2.2. IoT Powered Logistics Market Projection
2.3. IoT Powered Logistics Market Regional Highlights
Chapter 3. Global IoT Powered Logistics Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Component
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of IoT Powered Logistics Market
Chapter 4. IoT Powered Logistics Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global IoT Powered Logistics Market
5.2. Companies Profiles
5.2.1. Cisco Systems, Inc.
5.2.2. NEC Corporation India Private Limited
5.2.3. Intel Corporation
5.2.4. Honeywell International Inc
5.2.5. Oracle Corporation
5.2.6. Amazon Web Services, Inc
5.2.7. PTC
5.2.8. Sap SE
5.2.9. Microsoft
5.2.10. IBM Corporation
Chapter 6. Global IoT Powered Logistics Market by Component
6.1. Software
6.1.1. Traffic and Fleet Management
6.1.2. Resource and Energy Monitoring
6.1.3. Safety and Security
6.1.4. Others
6.2. Hardware
6.2.1. RFID Tags
6.2.2. IOT Sensors
6.2.3. Screen/ Display
6.2.4. Others
Chapter 7. Global IoT Powered Logistics Market by Application
7.1. Fleet
7.2. Freight
7.3. Warehouse
7.4. Yard/Dock
Chapter 8. Global IoT Powered Logistics Market by Region 2023-2030
8.1. North America
8.1.1. North America IoT Powered Logistics Market by Component
8.1.2. North America IoT Powered Logistics Market by Application
8.1.3. North America IoT Powered Logistics Market by Country
8.1.3.1. The U.S. IoT Powered Logistics Market
8.1.3.1.1. The U.S. IoT Powered Logistics Market by Component
8.1.3.1.2. The U.S. IoT Powered Logistics Market by Application
8.1.3.2. Canada IoT Powered Logistics Market
8.1.3.2.1. Canada IoT Powered Logistics Market by Component
8.1.3.2.2. Canada IoT Powered Logistics Market by Application
8.1.3.3. Mexico IoT Powered Logistics Market
8.1.3.3.1. Mexico IoT Powered Logistics Market by Component
8.1.3.3.2. Mexico IoT Powered Logistics Market by Application
8.2. Europe
8.2.1. Europe IoT Powered Logistics Market by Component
8.2.2. Europe IoT Powered Logistics Market by Application
8.2.3. Europe IoT Powered Logistics Market by Country
8.2.3.1. Germany IoT Powered Logistics Market
8.2.3.1.1. Germany IoT Powered Logistics Market by Component
8.2.3.1.2. Germany IoT Powered Logistics Market by Application
8.2.3.2. United Kingdom IoT Powered Logistics Market
8.2.3.2.1. United Kingdom IoT Powered Logistics Market by Component
8.2.3.2.2. United Kingdom IoT Powered Logistics Market by Application
8.2.3.3. France IoT Powered Logistics Market
8.2.3.3.1. France IoT Powered Logistics Market by Component
8.2.3.3.2. France IoT Powered Logistics Market by Application
8.2.3.4. Italy IoT Powered Logistics Market
8.2.3.4.1. Italy IoT Powered Logistics Market by Component
8.2.3.4.2. Italy IoT Powered Logistics Market by Application
8.2.3.5. Rest of Europe IoT Powered Logistics Market
8.2.3.5.1. Rest of Europe IoT Powered Logistics Market by Component
8.2.3.5.2. Rest of Europe IoT Powered Logistics Market by Application
8.3. Asia Pacific
8.3.1. Asia Pacific IoT Powered Logistics Market by Component
8.3.2. Asia Pacific IoT Powered Logistics Market by Application
8.3.3. Asia Pacific IoT Powered Logistics Market by Country
8.3.3.1. China IoT Powered Logistics Market
8.3.3.1.1. China IoT Powered Logistics Market by Component
8.3.3.1.2. China IoT Powered Logistics Market by Application
8.3.3.2. Japan IoT Powered Logistics Market
8.3.3.2.1. Japan IoT Powered Logistics Market by Component
8.3.3.2.2. Japan IoT Powered Logistics Market by Application
8.3.3.3. India IoT Powered Logistics Market
8.3.3.3.1. India IoT Powered Logistics Market by Component
8.3.3.3.2. India IoT Powered Logistics Market by Application
8.3.3.4. South Korea IoT Powered Logistics Market
8.3.3.4.1. South Korea IoT Powered Logistics Market by Component
8.3.3.4.2. South Korea IoT Powered Logistics Market by Application
8.3.3.5. Australia IoT Powered Logistics Market
8.3.3.5.1. Australia IoT Powered Logistics Market by Component
8.3.3.5.2. Australia IoT Powered Logistics Market by Application
8.3.3.6. Rest of Asia-Pacific IoT Powered Logistics Market
8.3.3.6.1. Rest of Asia-Pacific IoT Powered Logistics Market by Component
8.3.3.6.2. Rest of Asia-Pacific IoT Powered Logistics Market by Application
8.4. RoW
8.4.1. RoW IoT Powered Logistics Market by Component
8.4.2. RoW IoT Powered Logistics Market by Application
8.4.3. RoW IoT Powered Logistics Market by Sub-region
8.4.3.1. Latin America IoT Powered Logistics Market
8.4.3.1.1. Latin America IoT Powered Logistics Market by Component
8.4.3.1.2. Latin America IoT Powered Logistics Market by Application
8.4.3.2. Middle East IoT Powered Logistics Market
8.4.3.2.1. Middle East IoT Powered Logistics Market by Component
8.4.3.2.2. Middle East IoT Powered Logistics Market by Application
8.4.3.3. Africa IoT Powered Logistics Market
8.4.3.3.1. Africa IoT Powered Logistics Market by Component
8.4.3.3.2. Africa IoT Powered Logistics Market by Application
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/1453
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of IoT-powered Logistics.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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