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Connected Logistics Market Growth: Share, and 2024-2031 Forecast

Global Connected Logistics Market size was valued at USD 30.32 billion in 2022 and is poised to grow from USD 34.97 billion in 2023 to USD 109.53 billion by 2031, at a CAGR of 15.34% during the forecast period (2024-2031).

The Research report on Connected Logistics Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

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Segmental Analysis

  • ComponentHardware, Software, Services
  • Transport ModeRoadways, Railways, Software, Services

Market Dynamics

Connected Logistics Market Drivers

Increasing Demand for Real-Time Visibility to Bolster Market Growth

  • One of the primary drivers of the connected logistics market is the growing demand for real-time visibility across the supply chain. Connected logistics solutions enable companies to track and monitor the movement of goods, assets, and vehicles in real-time. This helps in improving operational efficiency, reducing delays, optimizing routes, and enhancing overall supply chain visibility.
  • Connected logistics solutions offer advanced tools and technologies to optimize and streamline supply chain operations. With features such as predictive analytics, automation, and digital documentation, companies can better manage inventory, reduce lead times, and minimize disruptions. The need to enhance supply chain efficiency and responsiveness is a significant driver for the adoption of connected logistics solutions.

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By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report

• Cisco Systems Inc. (United States)• IBM Corporation (United States)• SAP SE (Germany)• Oracle Corporation (United States)• Intel Corporation (United States)• Huawei Technologies Co., Ltd. (China)• Siemens AG (Germany)• Amazon Web Services, Inc. (United States)• Microsoft Corporation (United States)• Google LLC (United States)• Accenture PLC (Ireland)• DHL International GmbH (Germany)• FedEx Corporation (United States)• UPS (United Parcel Service, Inc.) (United States)• Deutsche Post AG (Germany)• Honeywell International Inc. (United States)• General Electric Company (United States)• Zebra Technologies Corporation (United States)• Cognizant Technology Solutions Corporation (United States)• JDA Software Group, Inc. (United States)

View report summary and Table of Contents (TOC): https://www.skyquestt.com/report/connected-logistics-market

The research provides answers to the following key questions:

• What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
• What are the key driving forces responsible for shaping the fate of the Connected Logistics Market during the forecast period?
• Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Connected Logistics Market?
• What are the prominent market trends influencing the development of the Connected Logistics Market across different regions?
• What are the major threats and challenges likely to act as a barrier in the growth of the Connected Logistics Market?
• What are the major opportunities the market leaders can rely on to gain success and profitability?