Press release
Internet of Things (IoT) in Logistics Market expected to grow at a CAGR of 13.25 percent during the forecast period
Pune 09 March 2023: The "Internet of Things (IoT) in Logistics Market" was USD44.24 Bn in 2021 and is expected to grow at a CAGR of 13.25 percent to reach USD119.72 Bn by 2029 during the forecast period. The Internet of Things (IoT) in Logistics Market report is published by Maximize Market Research available in the market. It has got clients in Information Technology & Telecommunication segment in more than 34 countries.Internet of Things (IoT) in Logistics Market Scope and Research Methodology
The Internet of Things (IoT) in Logistics Market report covers the analysis and forecast of the global IoT market specifically for logistics and supply chain management. The Internet of Things (IoT) in Logistics Market report also includes an assessment of market size, trends, growth drivers, challenges, opportunities and competitive landscape for the period from 2022 to 2029. The Internet of Things (IoT) in Logistics Market report provides detailed information on the key technologies such as sensors, RFID, and other devices, that are used in the logistics industry to enable real-time tracking and monitoring of goods and assets. The Internet of Things (IoT) in Logistics Market report further provides insights into the different types of logistics players, including shippers, carriers, and third-party logistics providers, and their use of IoT technologies. Primary and secondary research methods were used to collect Internet of Things (IoT) in Logistics Market data. Collected data is further analysed by SWOT and PESTLE analysis.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-internet-of-things-iot-in-logistics-market/44224/
Internet of Things (IoT) in Logistics Market Dynamics
The Internet of Things (IoT) has the potential to transform the logistics industry by increasing efficiency and reducing costs. One of the main drivers of IoT in logistics is the need for real-time visibility and control over the movement of goods. IoT sensors and devices can track the location, condition, and status of assets, allowing logistics companies to optimize their operations and improve customer service. Another driver is the growing demand for e-commerce, which has increased the need for faster, more accurate deliveries. IoT technology can provide end-to-end visibility of the supply chain, enabling companies to identify and resolve issues before they affect customers. The lack of skilled workers, expensive costs and strict government regulations are expected to constrain the market growth.
Internet of Things (IoT) in Logistics Market Regional Insights
North America hold the largest market share of the Internet of Things (IoT) in Logistics Market in 2021. The region has seen digital revolution and leading the world in new technologies. The North America market is growing since rising internet penetration, 5G technology, growing e-commerce industry and adoption of IoT in eavery sector.
Asia Pacific is expected to hold the largest share of the Internet of Things (IoT) in Logistics Market throughout the forecast period. The technical advancements in the region and growing IT industry and services are expected to propel the growth of the Asia Pacific Internet of Things (IoT) in Logistics Market.
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Internet of Things (IoT) in Logistics Market Segmentation
By Software:
Resource Monitoring
Safety and Security
Traffic and Fleet Management
Others
By Hardware:
GPS Tracking Devices
RFID Tags
Sensor Nodes
Others
By Organization Size:
Large Enterprises
SMEs
By Application:
Warehouse
Freight
Yard/dock
Fleet
Others
Internet of Things (IoT) in Logistics Market Key Players Include:
Amazon Web Services Inc.
IBM Corporation
Intel Corporation
AT&T Inc.
PTC Inc.
Hexagon AB
Eurotech S.p.A.
Cisco System Inc.
Veridify Security Inc.
ORBCOMM Inc.
E2open, LLC
NEC Corporation
Honeywell International Inc.
Qualcomm Inc.
Microsoft Corp.
SAP SE
Oracle Corp.
Octonion SA.
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Table of Content for Global Internet of Things (IoT) in Logistics Market:
Global Internet of Things (IoT) in Logistics Market: Research Methodology
Global Internet of Things (IoT) in Logistics Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Internet of Things (IoT) in Logistics Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Internet of Things (IoT) in Logistics Market Segmentation
Global Market, by Software (2021-2029)
Global Market, by Hardware (2021-2029)
Global Market, by Organization Size (2021-2029)
Global Market, by Application (2021-2029)
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Regional Internet of Things (IoT) in Logistics Market (2021-2029)
Regional Market, by Software (2021-2029)
Regional Market, by Hardware (2021-2029)
Regional Market, by Organization Size (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Software, Hardware, Organization Size, Application
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:
Contract Logistics Market: Global Industry Analysis and Forecast (2021-2029)-know more
https://www.maximizemarketresearch.com/market-report/contract-logistics-market/165033/
Biopharmaceutical Logistics Market - Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/biopharmaceutical-logistics-market/121997/
Secure Logistics Market - Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/global-secure-logistics-market/117340/
IoT Fleet Management Market: Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/iot-fleet-management-market/113398/
IoT Professional Services Market: Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/global-iot-professional-services-market/107415/
Food Logistics Market: Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/global-food-logistics-market/94551/
IoT In Warehouse Management Market - Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/iot-in-warehouse-management-market/125887/
IoT Professional Services Market: Global Industry Analysis and Forecast (2022-2029)-know more
https://www.maximizemarketresearch.com/market-report/global-iot-professional-services-market/107415/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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