Press release
Connected Logistics Market 2018 to 2023 by Global Key Players: Amazon Web Services, IBM Corp, Cisco System Inc., Intel Corporation, HCL Technology Limited, Freightgate Inc., Cloud Logistics, Infosys Limited
The market of supply chain and logistics is significantly affected by connected networks or Internet of Things and these have heavily impacted the economies of various countries on the basis of trade, exports and logistics. Also, the advancement in the information technology. The IoT is able to generate a huge amount of data and information which is stored and analysed to churn out detailed insights regarding the logistics market. Due to analytics, connected logistics, at present will change the supply chain operations. The market is driven by various factors that include real time monitoring and analysis. This also includes some of the applications of predictive maintenance.
The prominent players in the global connected logistics market are AT&T Inc. (U.S.), SAP SE (Germany), Eurotech S.P.A (Europe), ORBCOMM (U.S.), IBM Corp. (U.S.), Cisco System Inc. (U.S.), Intel Corporation (U.S.), HCL Technology Limited (India), Freightgate Inc. (U.S.), Cloud Logistics (U.S.), Infosys Limited (India), Amazon Web Services(U.S.), Huawei Technologies (China), Accenture (Republic of Ireland), and Siemens (Germany), among others are profiled in Market Research Future analysis and are at the forefront of competition in the global connected logistics market. The global Connected Logistics market is highly competitive. Technology giants such as Siemens AG (Germany), AT&T Inc. (U.S.), SAP SE (Germany), and others provide solutions required for connected logistics such as software as well as advising, deploying, and supporting services to connected logistics platform. Siemens had plans to start its global logistics headquarter including its portfolio of airports, cargo infrastructure, and port in the emirates. The prominent vendors and new entrants are investing research and development to innovate and expand their present product portfolio.
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Global Connected Logistics Market is expected to grow at a CAGR of approximately 22% during the forecast period 2017-2023.
Market Segmentation
The global connected logistics market is segmented by software, platform, transportation mode, and vertical. Issues such as development in-service such as performance, availability, and utilization by mobiles can be approached by asset management system software to improve freight and infrastructure supervisors. Henceforth, asset management system software is foreseen to be the highest shareholder in the connected logistics market. Solutions powered by the use of IoT and RFID technologies help industries to address the critical challenge which is assuring product transportation promptly to the consumer.
Regional Analysis:
The global connected logistics market is estimated for North America, Europe, Asia Pacific, and Rest of the World. It has been noticed that North American region estimates to be the highest shareholder of the market. Asia Pacific is expected to show the immense growth opportunities, prominently, in China and India. Owing to rising population and manufacturers in this region are using innovative systems in their operations for handling complex logistics works more efficiently with the help of tools, which are designed to collect and decode data.
Intended Audience
• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• Government Bodies
• Original Equipment Manufacturers
• Consulting and training service providers
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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