“Connected Logistics Market“ is segmented into technology (Bluetooth, Cellular, Wi-Fi, ZigBee, NFC, Satellite), devices (Gateways, RFID Tags, Sensor Nodes), services (Asset Management, Remote Asset Tracking, Security, Network Management, Data Management), platform (Connectivity management, Device management, Application management), transportation (Airway, Railway, Seaway, Roadway), end use (BFSI (Banking Financial Services and Insurance), Retail and consumer packaged goods, Healthcare/Pharmaceuticals, telecom, media, and entertainment, Manufacturing, Travel & Hospitality, Energy, resources, and utilities, Others), geography (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa).
Currently, online purchases is growing largely as compared to retail store purchases. Growing e-commerce needs better and advanced logistics which can provide an effective and smooth supply of good, so this have improved the demand in the global connected logistics market. World is now being driven on internet and other technologies that are growing the connectivity among the producers and consumers at an extensive rate. Additionally, demand for connected logistics have increased dramatically due to some of the pharmaceuticals products are sensitive while transportation, however by connected logistics manufacturers are alerted to take operative steps before the product get damaged.
Even with the growing demand for connected logistics, some restraining factors might discourage the market’s growth during the forecast period. One of the major factor is increasing use of multiple devices across enterprise that are increasing the threats and have increased the need for better safety and privacy of data. Because large number of devices are connected, intrusive with even a single device in the network can result into potential risk for the company. So that, connected devices needs focused security solution that will not be met by PC security solutions for IoT embedded devices.
Positive government policies are encouraging the set of SMEs across the supply chain. As the supply chain becomes more and more difficult, demand for these solutions will increase on account of confirming the effectiveness of supply chain and effective monitoring of inventory. It will be improving the company productivity and will also enlarge the demand for connected logistics solutions.
Maximize Market Research has comprehensively analyzed Global Connected Logistics Market. The driving forces as well as considerable restraints have been explained in depth to attain a balanced scenario. Segment wise market size and market share during the forecast years is duly addressed to portray the probable picture of this exuberant industry. The competitive landscape comprising of key innovators, service providers, market giants as well as niche players is studied and analyzed extensively with respect to their strengths, weaknesses as well as value addition prospects. Report presents significant case studies along with the success stories to motivate and guide the like minds. In addition, Report displays current consolidation trends with respect to prominent mergers and acquisitions, consequent Market fragmentation, new trends and dynamics in partnerships, emerging business models. This will enable the reader to comprehend whole Connected Logistics Market with utmost ease and clarity.
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