openPR Logo
Press release

Connected Logistics Market is expected to reach 41.30 Billion USD by 2021

03-21-2017 02:41 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets.com

According to a new market research report "Connected Logistics Market by Software (Asset Management, Warehouse IoT, Security, Network Management, Data Management, and Streaming Analytics), Platform, Service, Transportation Mode, Vertical, and Region - Global Forecast to 2021", by MarketsandMarkets, the connected logistics market size is expected to grow from USD 10.04 Billion in 2016 to USD 41.30 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.7%.

Browse 79 market data tables and 50 figures spread through 150 pages and in-depth TOC on “Connected Logistics Market - Global Forecast to 2021”
http://www.marketsandmarkets.com/Market-Reports/connected-logistics-market-81941108.html
Early buyers will receive 10% customization on this report.

The major drivers include an upsurge in demand for connected logistics software, platforms, transportation mode, verticals, and services which include an increasing demand for improved technology and services in logistics, an emerging trend of connected devices, increasing government initiatives, and the emergence of IoT.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=81941108

Asset management software is likely to hold the largest market share in the connected logistics market

Increasing globalization and the need for advanced transportation and logistics infrastructure is driving the need to develop automated logistic systems. Asset management software assists freight and infrastructure managers to address issues such as improvement in service availability & performance and utilization through mobile device. Software such as advanced vehicle control system and logistic tracking system provide information regarding the real-time position of a vehicle. Accurate information serves as the input data for refined production schedules and improved logistics.

Security software is expected to grow at the highest CAGR during the forecast period

The market for security software provides tools for data analysis and responds to false events in real-time. The software monitors entry point to detect the unauthorized objects possessed by individuals in the transport vehicles. In addition to that, the demand for cloud-based services, analytics, and mobile internet technologies is increasing due to their efficient IT management and reliable security environment.

North America is expected to hold the largest market share in the connected logistics market

As per the geographic analysis, North America is the largest consumer market and is likely to benefit from its technological advancements further helping in the seamless IoT adoption. Countries such as the U.S., Canada, and Mexico are the major growth drivers of the region. The strong financial position allows these countries to invest heavily in leading tools and technologies in the logistics market.

The major vendors covered in the connected logistics market include AT&T Inc. (Texas, U.S.), Eurotech S.P.A (Amora, Italy), IBM Corporation (New York, U.S.), Intel Corporation (Santa Clara, U.S.), SAP SE (Walldorf, Germany), Infosys Limited (Bengaluru, India), Cisco System Inc. (California, U.S.), HCL Technology Limited (Noida, India), ORBCOMM (New Jersey, U.S.), Cloud Logistics (Florida, U.S.), and Freightgate Inc. (California, U.S.).

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=81941108

About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. For more information, please visit www.marketsandmarkets.com

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Connected Logistics Market is expected to reach 41.30 Billion USD by 2021 here

News-ID: 476784 • Views:

More Releases from MarketsandMarkets.com

Concrete Surface Retarders Market worth $89.4 million by 2023 : Major Players are Sika (Switzerland), BASF (Germany), MAPEI (Italy), GCP Applied Technologies (US), CEMEX (Mexico), W. R. Meadows (US)
Concrete Surface Retarders Market worth $89.4 million by 2023 : Major Players ar …
The report "Concrete Surface Retarders Market by Raw Material (Organic Agents and Inorganic Agents), Type (Water-based and Solvent-based), Application (Residential and Commercial), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2023", The concrete surface retarders market is projected to grow from USD 72.7 million in 2018 to USD 89.4 million by 2023, at a CAGR of 4.2% between 2018 and 2023. Increase in urban population, demand for
Precast Concrete Market worth $174.1 billion by 2025 | Major Players are Lafarge …
The report "Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults, Pipes, Paving Slabs), Construction Type, End-use Sector (Residential, Non-residential) - Global Forecast to 2025" The global precast concrete market size is projected to grow from USD 130.6 billion in 2020 to USD 174.1 billion by 2025, at a CAGR of 5.9% from 2020 to 2025. The market is projected to grow
Fire Stopping Materials Market worth $2.4 billion by 2026 : Major Players are Hi …
The report "Fire Stopping Materials Market by Type (Sealants, Mortar, Boards, Putty &Putty Pads, Cast-in Devices), by Application (Electrical, Mechanical, Plumbing), End-Use (Commercial, Industrial & Residential), and Region - Global Forecast to 2026" MarketsandMarkets: The fire stopping materials market is projected to reach USD 2.4 billion by 2026, at a CAGR of 11.6% from USD 1.4 billion in 2021. Fire stopping is a fire protection system for sealings of any
Earthen Plasters Market worth $103 million by 2026 : Leading players are American Clay Enterprises LLC (US), Clayworks (India), Claytech Baustoffe Aus Lehm (UK), Conluto (Germany) and Clay.lt (Lithuania)
Earthen Plasters Market worth $103 million by 2026 : Leading players are America …
The report "Earthen Plasters Market by Type (Iron, Calcium, Magnesium, Silicates, Aluminium), Application (Walls, Roofs, Masonry, Agriculture,) and Region (APAC, North America, Europe, MEA & South America) - Global Forecast to 2026", size is expected to grow from USD 86 million in 2021 to USD 103 million by 2026, at a CAGR of 3.5% during the forecast period. The driving factors for the earthen plasters market is the advantages of

All 5 Releases


More Releases for MarketsandMarkets

Automotive Engineering Services Market | MarketsandMarkets
Automotive engineering services deal with the design and development of automotive components and related technologies to address complex technical challenges in the vehicle development value chain. The engineering service process starts with conceptualization, designing, prototyping, system integration, and testing. Automotive engineering services include vehicle connectivity services, ADAS (advanced driver-assistance systems) and safety systems, interior & exterior design and body engineering services, passenger comfort, and others. These services assess different areas
Automotive Cybersecurity Market Trends & Insights | MarketsandMarkets
According to the new market research report "Automotive Cybersecurity Market by Form (In-Vehicle, External Cloud Services), Offering (Hardware & Software), Security, Application Type, Vehicle Type, Propulsion, Vehicle Autonomy, Approach, EV Application, and Region - Global Forecast to 2026", Published by MarketsandMarkets™, The global Automotive Cybersecurity Market size is projected to grow from USD 2.0 billion in 2021 to USD 5.3 billion by 2026, at a CAGR of 21.3%. Increasing sales
Global Brake Friction Products Market | MarketsandMarkets
According to the new market research report "Brake Friction Products Market (OE & Aftermarket) by Type (Brake Disc, Pad, Drum, Shoe, Liner), Disc Type (Metallic, Composite, Ceramic), Liner Type (Molded, Woven), Vehicle Type (ICE, Electric, PHEV, OHV), and Region - Global Forecast to 2026", published by MarketsandMarkets™, The Brake Friction Products Market is projected to reach USD 13.3 billion by 2026 from USD 10.8 billion in 2021, at a CAGR
Global Electric Commercial Vehicle Market | MarketsandMarkets
The Global Electric Commercial Vehicle Market size is projected to reach 2,026 thousand units by 2028 from a projected 129 thousand units in 2020, at a CAGR of 41.1%. The electric commercial vehicle segment has witnessed rapid evolution with governments across the world promoting electrification of public transport fleets and with the increasing demand for zero-emission vehicles in the eCommerce and logistics sector. Advancements in battery pack technologies and electric powertrains
Global Automotive Glass Market | MarketsandMarkets
The Automotive Glass Market is projected to grow at a CAGR of 4.80%, to reach a market size of $23.59 billion by 2025. The global market is driven by increasing vehicle production (especially in the SUV segment), upcoming smart glass & device embedded glass technologies, and increasing glass applications to improve the aesthetics of the car. The key players in the automotive glass market are Saint-Gobain (France), Asahi Glass (Japan), Fuyao
Automotive Logistics Market | MarketsandMarkets
The Automotive Logistics Market is estimated to be $284.1 billion in 2018 and is projected to reach $472.9 billion by 2025, at a CAGR of 7.55%. Increasing vehicle production, upcoming infrastructure projects, and the advent of electric vehicles are the major reasons for market growth. The automotive logistics market is consolidated and dominated by a few global players. The key players in the market are DHL (Germany), XPO (US), SNCF (France),