The global market for IoT Powered Logistics was valued 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.
Segments: Component (Software Component, Hardware Component); Application (Fleet Application, Freight Application, Warehouse Application, Yard / Dock Application).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
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 data-driven decision-making in global logistics. The explosion of e-commerce, increasing customer expectations for fast and transparent delivery, and the pressure to reduce fuel and labor costs are compelling logistics companies to embrace IoT-enabled systems. The adoption of smart sensors, real-time tracking devices, and cloud-based analytics platforms allows companies to monitor shipment integrity, optimize routes, reduce delays, and improve asset utilization.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.
Report Scope
The report analyzes the IoT Powered Logistics market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments: Component (Software Component, Hardware Component); Application (Fleet Application, Freight Application, Warehouse Application, Yard / Dock Application).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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, BOWE GROUP 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
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
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 EASTIV. COMPETITION
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 | May 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 |
