Connected Logistics Market by Offering, Transport Mode, Vertical

List of Tables

The Connected Logistics Market was valued at USD 32.67 billion in 2023, expected to reach USD 37.22 billion in 2024, and is projected to grow at a CAGR of 15.96%, to USD 92.14 billion by 2030.

Connected Logistics refers to the integration of advanced technologies, such as IoT, cloud computing, and big data analytics, to enhance logistics operations, providing real-time insights, improved supply chain visibility, and optimized resource management. The necessity of connected logistics lies in its ability to address inefficiencies in traditional logistics frameworks by enabling seamless communication and data exchange across various logistics stages. Its application spans inventory management, fleet tracking, warehouse automation, and smart transportation, making it indispensable for industries like retail, automotive, and manufacturing. End-use sectors benefit through cost reductions, enhanced delivery precision, and improved customer satisfaction. Influencing growth factors include the rising demand for real-time supply chain visibility, increased globalization, the proliferation of IoT devices, and advancements in AI and machine learning. The latest potential opportunities lie in leveraging AI for predictive analytics, expanding the use of digital twins for logistics simulations, and the integration of blockchain for enhanced security and transparency. Companies can seize these opportunities by investing in strategic partnerships and technology upskilling. However, limitations and challenges such as data privacy concerns, high initial investments, and a lack of technical expertise in implementing these solutions can hinder market growth. Businesses are recommended to focus on developing cybersecurity solutions to address privacy issues while also working on cost-effective IoT solutions to appeal to smaller firms. Innovation areas with significant potential include wearables for workforce management, the use of drone technology for last-mile delivery, and sustainability-focused logistics solutions such as electric and autonomous vehicles. As the market is characterized by rapid technological advancements and increased competition, staying ahead requires continuous innovation and adaptation, aligning product offerings with the evolving needs of global supply chains, and leveraging data-driven insights for strategic decision-making.

KEY MARKET STATISTICS
Base Year [2023]	USD 32.67 billion
Estimated Year [2024]	USD 37.22 billion
Forecast Year [2030]	USD 92.14 billion
CAGR (%)	15.96%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Connected Logistics Market

The Connected Logistics Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Expansion of the logistic industry due to rapid E-commerce growth
- Proliferation of IoT devices, advancements in AI and machine learning
- Improving cross-border trade facilitations
Market Restraints
- High initial investment and implementation costs
Market Opportunities
- Growing potential for sustainable supply chain practices
- Integration of blockchain technology for advanced data security and transparency
Market Challenges
- Concerns associated with data security and privacy

Porter's Five Forces: A Strategic Tool for Navigating the Connected Logistics Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Connected Logistics Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Connected Logistics Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Connected Logistics Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Connected Logistics Market

A detailed market share analysis in the Connected Logistics Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Connected Logistics Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Connected Logistics Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Connected Logistics Market

A strategic analysis of the Connected Logistics Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Connected Logistics Market, highlighting leading vendors and their innovative profiles. These include AT&T Inc., Cisco System Inc., Cisco Systems, Inc., Freightgate Inc., HCL Technology Limited, Honeywell International Inc., IBM Corporation, Infosys Limited, Intel Corporation, NEC Technologies, Nippon Express Co., Ltd., One Network Enterprises, Inc., Oracle Corporation, ORBOCMM Inc., Robert Bosch GmbH, SAP SE, Senko Co., Ltd., Siemens AG, SIFFOX, The EuroTech Group PLC, XPO, Inc., YUSEN LOGISTICS CO., LTD., and Zebra Technology Corp..

Market Segmentation & Coverage

This research report categorizes the Connected Logistics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Offering, market is studied across Hardware, Services, and Software. The Hardware is further studied across Gateways, RFID Tags, and Sensors. The Services is further studied across Consulting, Integration & Deployment, Managed Services, and Support & Maintenance. The Software is further studied across Asset Tracking & Management, Data Management & Analytics, Fleet Management, Freight Transportation Management, and Warehouse Management.
Based on Transport Mode, market is studied across Airways, Railways, Roadways, and Waterways.
Based on Vertical, market is studied across Aerospace & Defense, Automotive, Electronics & Semiconductors, Energy, Healthcare, and Retail & E-commerce.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-69324464D3F9

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Expansion of the logistic industry due to rapid E-commerce growth
  - 5.1.1.2. Proliferation of IoT devices, advancements in AI and machine learning
  - 5.1.1.3. Improving cross-border trade facilitations
- 5.1.2. Restraints
  - 5.1.2.1. High initial investment and implementation costs
- 5.1.3. Opportunities
  - 5.1.3.1. Growing potential for sustainable supply chain practices
  - 5.1.3.2. Integration of blockchain technology for advanced data security and transparency
- 5.1.4. Challenges
  - 5.1.4.1. Concerns associated with data security and privacy
5.2. Market Segmentation Analysis
- 5.2.1. Offering: Rising usage of asset tracking & management software in connected logistics
- 5.2.2. Transport Mode: Increasing preference for roadways in connected logistics
- 5.2.3. Vertical: Growing adoption of connected logistics across automotive sector for seamless integration between manufacturers, suppliers, and distributors
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Connected Logistics Market, by Offering

6.1. Introduction
6.2. Hardware
- 6.2.1. Gateways
- 6.2.2. RFID Tags
- 6.2.3. Sensors
6.3. Services
- 6.3.1. Consulting
- 6.3.2. Integration & Deployment
- 6.3.3. Managed Services
- 6.3.4. Support & Maintenance
6.4. Software
- 6.4.1. Asset Tracking & Management
- 6.4.2. Data Management & Analytics
- 6.4.3. Fleet Management
- 6.4.4. Freight Transportation Management
- 6.4.5. Warehouse Management

7. Connected Logistics Market, by Transport Mode

7.1. Introduction
7.2. Airways
7.3. Railways
7.4. Roadways
7.5. Waterways

8. Connected Logistics Market, by Vertical

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Electronics & Semiconductors
8.5. Energy
8.6. Healthcare
8.7. Retail & E-commerce

9. Americas Connected Logistics Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Connected Logistics Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Connected Logistics Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Maersk and Nissan forge long-term partnership, unveiling grand opening of Wuhan Warehousing and Distribution facility
- 12.3.2. Overhaul Announces Shipment Connect App to Optimize Logistics Operations
- 12.3.3. Tata Motors to acquire 27% stake in logistics startup Freight Tiger for INR 150 crore
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. AT&T Inc.
2. Cisco System Inc.
3. Cisco Systems, Inc.
4. Freightgate Inc.
5. HCL Technology Limited
6. Honeywell International Inc.
7. IBM Corporation
8. Infosys Limited
9. Intel Corporation
10. NEC Technologies
11. Nippon Express Co., Ltd.
12. One Network Enterprises, Inc.
13. Oracle Corporation
14. ORBOCMM Inc.
15. Robert Bosch GmbH
16. SAP SE
17. Senko Co., Ltd.
18. Siemens AG
19. SIFFOX
20. The EuroTech Group PLC
21. XPO, Inc.
22. YUSEN LOGISTICS CO., LTD.
23. Zebra Technology Corp.