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The Global Connected Logistics Market size is expected to reach $26.4 billion by 2023, rising at a market growth of 7.2% CAGR during the forecast period. Connected Logistics offers multiple benefits to logistics businesses. It offers real-time access, improved operational efficiency, and enhanced productivity by integrating multiple connected platforms. Innovative products and solutions are introduced by the connected Logistics service providers to gain seamless access and high level of interoperability, and as a result, drive high productivity and support informed decision making through collective efforts. There are various communication technologies that compliment logistical support, such as Bluetooth, ZigBee, Wi-Fi, and others.
Based on Devices, the market report segments the Connected Logistics Market size into Sensor Nodes, RFID Tags, and Others. Based on Technology, the Connected Logistics market segments the market into Wi-Fi, Bluetooth, Satellite, Cellular, and Others. Based on Regions, the Connected Logistics market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The Connected Logistics Market analysis report covers the competition analysis of key stake holders of the Global Connected Logistics Market. Key companies profiled in the report include SAP SE, AT&T, Inc., PTC, Inc. (ThingWorx), SecureRF, Cisco Systems, Inc., Zebra Technologies Corporation, IBM Corporation, Lawson Software, Inc. (GT Nexus), Eurotech S.p.A., and Oracle Corporation.