The global connected logistics market is anticipated to grow with a CAGR of 19.77% during the forecast period, i.e., 2021-2030. Factors such as the growing adoption of information technology by the business organizations in the transportation and logistics industry, followed by the increasing need amongst these businesses to enhance their process efficiency and business transparency, and further provide enhanced customer services, are therefore anticipated to drive the growth of the market in the coming years. Additionally, increasing adoption of internet of things (IoT) and other sensor-based technologies is also projected to boost the market growth during the forecast period. The market is estimated to garner a revenue of near to USD 110600 Million by the end of 2030, up from a revenue of about USD 22530 Million in the year 2020.
The global connected logistics market is segmented into numerous segments, which include segmentation by component, technology, transportation mode, verticals, and by region. By component, the market is segmented into software, hardware, and services. By the end of 2030, the software segment is anticipated to garner the largest revenue of more than USD 41910 Million, up from a revenue of close to USD 7960 Million in the year 2020.
On the basis of regional analysis, the global connected logistics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific, out of the market in all the other regions, is projected to garner the largest revenue of around USD 39400 Million by the end of 2030. Moreover, in the year 2020, the market in the region generated a revenue of about USD 7320 Million.
Some of the prominent industry leaders in the global connected logistics market that are included in our report are AT&T Inc., IBM Corporation, Intel Corporation, SAP SE, Infosys Limited, Cisco Systems Inc., HCL Technologies Limited, ORBCOMM Inc., EUROTECH S.p.A., Freightgate Inc., YUSEN LOGISTICS CO., LTD., Nippon Express Co, Ltd., SENKO Group Holdings Co., Ltd., XPO Logistics, Inc., and others.
The global connected logistics market is segmented into numerous segments, which include segmentation by component, technology, transportation mode, verticals, and by region. By component, the market is segmented into software, hardware, and services. By the end of 2030, the software segment is anticipated to garner the largest revenue of more than USD 41910 Million, up from a revenue of close to USD 7960 Million in the year 2020.
On the basis of regional analysis, the global connected logistics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific, out of the market in all the other regions, is projected to garner the largest revenue of around USD 39400 Million by the end of 2030. Moreover, in the year 2020, the market in the region generated a revenue of about USD 7320 Million.
Some of the prominent industry leaders in the global connected logistics market that are included in our report are AT&T Inc., IBM Corporation, Intel Corporation, SAP SE, Infosys Limited, Cisco Systems Inc., HCL Technologies Limited, ORBCOMM Inc., EUROTECH S.p.A., Freightgate Inc., YUSEN LOGISTICS CO., LTD., Nippon Express Co, Ltd., SENKO Group Holdings Co., Ltd., XPO Logistics, Inc., and others.
Table of Contents
1. Market Definition
3. Research Methodology
5. Market Dynamics
12. Global Connected Logistics Market 2020-2030
13. North America Connected Logistics Market 2020-2030
14. Europe Connected Logistics Market 2020-2030
15. Asia Pacific Connected Logistics Market 2020-2030
16. Latin America Connected Logistics Market 2020-2030
17. Middle East & Africa Connected Logistics Market 2020-2030
18. Competitive Landscape
Companies Mentioned
- AT&T Inc.
- IBM Corporation
- Intel Corporation
- SAP SE
- Infosys Limited
- Cisco Systems Inc.
- HCL Technologies Limited
- ORBCOMM Inc.
- EUROTECH S.p.A.
- Freightgate Inc.
- YUSEN LOGISTICS CO. Ltd.
- Nippon Express Co Ltd.
- SENKO Group Holdings Co. Ltd.
- XPO Logistics Inc.
