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Global Connected Logistics Market is projected to grow at a Highest CAGR of 33.7% by Regional Outlook, Latest Trend, Share, Size, Application and Forecast to 2024
Press release from: Data Bridge Market Research
The demand for Global Connected Logistics Market on-time and safe delivery calls for real-time monitoring of vehicles carrying the goods, which in turn has increased the demand for connected logistics. Connected logistics not only monitors the entire supply chain but also enhances operational productivity and improves safety measures.
The Global Connected Logistics Market accounted for USD 11.32 billion in 2016 growing at a CAGR of 33.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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On The Basis Of Software: - asset management, warehouse internet of things, security, data management, network management, and streaming analytics.
On The Basis Of Geography, the global connected logistics market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
On The Basis Of Service: - professional services, and managed services. The professional services segment is further sub segmented into consulting services, integration and deployment services, and support and maintenance.
On The Basis Of Transportation Mode: - roadways, railways, airways, and seaways.
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Major Market Drivers & Restraints:
• Decreasing cost of sensors
• Need for operational efficiency
• Emergence of IoT connecting devices
• Lack of uniform governance standards
Major Market Competitors:
Some of the major players of the global connected logistics market are AT&T, EUROTECH S.p.A., IBM Corporation, Intel Corporation, SAP SE, Infosys Limited, Cisco, HCL Technologies Limited, ORBCOMM, Cloud Logistics, Freightgate Inc., PTC, SecureRF Corporation., ZIH Corp, GT Nexus, EUROTECH S.p.A., Amazon Web Services Inc., Oracle, Dynatrace LLC., Amazon Web Services, Inc., and others.
Company Share Analysis:
The report for connected logistics market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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This release was published on openPR.
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