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Global Connected Logistics Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Connected logistics have transformed the way logistical operations are carried out so that they are more focused on the customer's needs by sharing data, information, and facts with supply chain partners. In order to boost the productivity of logistics operations, linked logistics makes use of a network of interconnected communication systems, cloud platforms, and Internet of Things (IoT) technologies. It can also be classified as a set of connected devices that logistics service providers utilize to acquire a better understanding of order processing, financial transactions, shipping, and other logistical activities, including warehousing, transportation, and other value-added logistics services.
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Asia Pacific is slated to register the fastest growth rate during the forecast period. Asia-Pacific is home to some of the largest and fastest-growing e-commerce markets in the world, including China, India, and Southeast Asian countries. The surge in online shopping has created a need for efficient logistics and supply chain solutions, leading to the adoption of connected logistics technologies. The rises of the middle class and rapid urbanization in many Asia-Pacific countries have increased consumer expectations for faster and more reliable delivery services. Connected logistics solutions offer real-time tracking, efficient inventory management, and optimized last-mile delivery, meeting the demands of urban consumers.
Some of the key players in Connected Logistics market include AT&T, Inc., Cisco Systems Inc., Cloud Logistics, Eurotech S.P.A., Freightgate Inc., HCL Technologies Limited, Honeywell International Inc., IBM Corporation, Infosys Limited, Intel Corporation, NEC Corporation, One Network Enterprises, ORBCOMM, Robert Bosch GmbH, SAP SE, SIGFOX, Trimble and Zebra Technologies Corp.
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