Post Covid-19 Update: Connected Logistics Market to Reach USD 128.3 Billion by 2027 | CAGR 28.2% — Forencis Research

  • According to the new market research report Connected Logistics Market by Technology (Bluetooth, ZigBee, NFC, Satellite, Cellular and Wi-Fi), by Software (Asset Management, Network Management, Data Management, Remote Asset Tracking and Security), by Platform (Application Management, Connectivity Management and Device Management), by Service (Integration and Deployment Services, Support and Maintenance and Consulting Services), by Transportation Mode (Roadways, Seaways, Railways and Airways), by Device (Gateways, RFID Tags and Sensor Nodes), by Vertical (Retail, Manufacturing, Aerospace and Defense, Food and Beverage, Telecom and IT, Automotive, Oil, Gas, and Energy, Pharmaceuticals and Healthcare, Chemicals and others), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) — Global Forecast (2020 to 2027)”, the global Connected Logistics Market is estimated to reach USD 128.3 Billion by 2027 at a CAGR of around 28.3% during the review period.
  • The connected logistics helps to offer various benefits to logistics businesses by providing real-time access, enhance the operational effectiveness, as well as increase the productivity by integration of multiple connected platforms.
  • Moreover, it also reduces the environmental harms and delivers real-time data into the progress of the logistics sector. These advancements will help the market to boost its efficiency in the forecast period.
  • With the increasing penetration of Internet of Thing (IoT) is witness to boost the growth of the market in the forecast period. Whereas, it can help to provide an efficient supply chain platform for the logistics as well as for transportation industry.
  • One of the major key concern of the market is the lack of logistics standardization which may hamper the market growth. Whereas, the lack of standardization is excepted to results in inefficient logistics operations which may lead to increase the logistics cost.
  • Rising advancement in cloud computing and increasing technological advancement in logistic industries is a key role for the growth of the connected logistics market in the forecast period.
  • Security concern is act as a major challenging factor for the growth of the market in the forecast period.
  • North America:
  • Asia-Pacific:
  • IBM Corporation:
  • Telefonaktiebolaget LM Ericsson:

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DataBridge Market Research

DataBridge Market Research

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach

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