The global market for IoT Powered Logistics was estimated at US$54.7 Billion in 2024 and is projected to reach US$111.1 Billion by 2030, growing at a CAGR of 12.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the IoT Powered Logistics market.
As global supply chains grow more complex, fragmented, and time-sensitive, the demand for responsive, intelligent logistics systems has surged. IoT plays a pivotal role in connecting various nodes trucks, containers, storage facilities, ports into an integrated ecosystem. This connectivity ensures that any deviations in temperature, humidity, route, or handling conditions can be immediately identified and addressed. From perishable goods and pharmaceuticals to high-value electronics, IoT enables the safe and timely movement of sensitive cargo across vast geographies.
Warehouse automation is another major frontier for IoT in logistics. Connected systems are improving inventory accuracy, reducing human error, and supporting autonomous mobile robots (AMRs) in picking, packing, and sorting tasks. In the freight and fleet segment, IoT devices support telematics systems that track fuel usage, driver behavior, and engine health enabling preventive maintenance and reduced downtime. Blockchain integration with IoT further adds transparency and immutability to shipping data, supporting compliance and trust in cross-border operations.
North America and Europe are currently the most mature regions in IoT-powered logistics, driven by early adoption of connected technologies, robust infrastructure, and high consumer expectations for transparency and reliability. Asia-Pacific is emerging as a significant growth region, with rapid expansion in e-commerce, manufacturing, and export logistics, particularly in China, India, Japan, and Southeast Asia. Investment in smart ports, logistics parks, and urban distribution hubs is further accelerating IoT deployment. Latin America, Africa, and the Middle East are adopting IoT in targeted areas such as port logistics, mining supply chains, and agriculture exports.
Moreover, technological advances in IoT hardware, wireless connectivity, and data analytics are making deployment more cost-effective and scalable, even for mid-sized logistics providers. The rising focus on supply chain resilience particularly after global disruptions has also highlighted the importance of end-to-end visibility and predictive risk management, which IoT systems provide. Regulatory compliance in temperature-sensitive logistics, growing environmental sustainability mandates, and the proliferation of smart city infrastructure are further accelerating the integration of IoT in logistics ecosystems. Collectively, these forces are propelling the sustained growth of the IoT-powered logistics market, positioning it as a cornerstone of the future global supply chain.
Global IoT-Powered Logistics Market - Key Trends & Drivers Summarized
Why Is IoT Revolutionizing Modern Logistics and Supply Chain Operations?
The integration of Internet of Things (IoT) technologies into logistics systems is transforming how goods are tracked, managed, and delivered across the entire supply chain. IoT-powered logistics leverages real-time data from sensors, RFID tags, GPS modules, and connected devices to optimize fleet operations, monitor cargo conditions, automate warehouse functions, and enhance end-to-end visibility. This continuous flow of data enables logistics companies to make proactive decisions, reduce inefficiencies, and deliver superior service to their clients.As global supply chains grow more complex, fragmented, and time-sensitive, the demand for responsive, intelligent logistics systems has surged. IoT plays a pivotal role in connecting various nodes trucks, containers, storage facilities, ports into an integrated ecosystem. This connectivity ensures that any deviations in temperature, humidity, route, or handling conditions can be immediately identified and addressed. From perishable goods and pharmaceuticals to high-value electronics, IoT enables the safe and timely movement of sensitive cargo across vast geographies.
What Technologies and Functional Advancements Are Accelerating IoT Use in Logistics?
Advances in low-power wide-area networks (LPWAN), edge computing, and AI-based analytics are enhancing the capabilities of IoT solutions in logistics. Smart sensors embedded in vehicles, pallets, and packaging collect data on location, environmental conditions, shock/vibration, and handling, which is then processed locally or in the cloud to support real-time decision-making. Edge computing allows for faster data processing at the source, reducing latency and enabling predictive maintenance, dynamic route planning, and energy-efficient operations.Warehouse automation is another major frontier for IoT in logistics. Connected systems are improving inventory accuracy, reducing human error, and supporting autonomous mobile robots (AMRs) in picking, packing, and sorting tasks. In the freight and fleet segment, IoT devices support telematics systems that track fuel usage, driver behavior, and engine health enabling preventive maintenance and reduced downtime. Blockchain integration with IoT further adds transparency and immutability to shipping data, supporting compliance and trust in cross-border operations.
Which Logistics Segments and Regions Are Leading IoT Adoption?
IoT is being rapidly adopted across a range of logistics sub-sectors including freight transportation, last-mile delivery, cold chain logistics, and warehouse management. Cold chain, in particular, benefits from IoT-enabled temperature and humidity monitoring to ensure product integrity critical for pharmaceuticals, fresh produce, and frozen goods. E-commerce logistics is another high-growth segment, where IoT supports real-time order tracking, dynamic route optimization, and delivery verification for increasingly demanding consumers.North America and Europe are currently the most mature regions in IoT-powered logistics, driven by early adoption of connected technologies, robust infrastructure, and high consumer expectations for transparency and reliability. Asia-Pacific is emerging as a significant growth region, with rapid expansion in e-commerce, manufacturing, and export logistics, particularly in China, India, Japan, and Southeast Asia. Investment in smart ports, logistics parks, and urban distribution hubs is further accelerating IoT deployment. Latin America, Africa, and the Middle East are adopting IoT in targeted areas such as port logistics, mining supply chains, and agriculture exports.
The Growth in the IoT-Powered Logistics Market Is Driven by Several Factors…
It is driven by the growing need for operational efficiency, real-time visibility, and.Moreover, technological advances in IoT hardware, wireless connectivity, and data analytics are making deployment more cost-effective and scalable, even for mid-sized logistics providers. The rising focus on supply chain resilience particularly after global disruptions has also highlighted the importance of end-to-end visibility and predictive risk management, which IoT systems provide. Regulatory compliance in temperature-sensitive logistics, growing environmental sustainability mandates, and the proliferation of smart city infrastructure are further accelerating the integration of IoT in logistics ecosystems. Collectively, these forces are propelling the sustained growth of the IoT-powered logistics market, positioning it as a cornerstone of the future global supply chain.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Software Component segment, which is expected to reach US$83.3 Billion by 2030 with a CAGR of a 13.8%. The Hardware Component segment is also set to grow at 9.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $14.9 Billion in 2024, and China, forecasted to grow at an impressive 17.1% CAGR to reach $23.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global IoT Powered Logistics Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global IoT Powered Logistics Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global IoT Powered Logistics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Advantech Co., Ltd., Airspace Technologies, Amazon Web Services (AWS), Arm Holdings plc, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 34 companies featured in this IoT Powered Logistics market report include:
- Advantech Co., Ltd.
- Airspace Technologies
- Amazon Web Services (AWS)
- Arm Holdings plc
- BOWE GROUP
- Cainiao Network Technology
- Colruyt Group
- Dalos
- GP Transco
- Hoopo Systems Ltd.
- IoT Logistics, LLC
- KORE Wireless
- PowerFleet, Inc.
- Samsara Inc.
- Sensitech Inc.
- Suning.com Co., Ltd.
- TagoIO
- Tech Mahindra Ltd.
- Verizon Connect
- Zebra Technologies
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advantech Co., Ltd.
- Airspace Technologies
- Amazon Web Services (AWS)
- Arm Holdings plc
- BOWE GROUP
- Cainiao Network Technology
- Colruyt Group
- Dalos
- GP Transco
- Hoopo Systems Ltd.
- IoT Logistics, LLC
- KORE Wireless
- PowerFleet, Inc.
- Samsara Inc.
- Sensitech Inc.
- Suning.com Co., Ltd.
- TagoIO
- Tech Mahindra Ltd.
- Verizon Connect
- Zebra Technologies
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 271 |
| Published | June 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 54.7 Billion |
| Forecasted Market Value ( USD | $ 111.1 Billion |
| Compound Annual Growth Rate | 12.5% |
| Regions Covered | Global |
