Internet of Things (IoT) in Logistics Market Size, Share, Growth, Trends, and Forecast

According to a new market report on the Internet of Things (IoT) in logistics market published by Transparency Market Research, the global Internet of Things (IoT) in logistics market is projected to reach US$ 63,728.6 Mn by 2026 driven by exponential rise in IoT applications in logistics. The market is projected to expand at a CAGR of 12.4% during the forecast period from 2018 to 2026. Growth of the market is attributed to rise in demand for IoT in logistics and increase in adoption of cloud-based deployment models to offer quality service to customers. North America is anticipated to lead the global Internet of Things (IoT) in logistics market, followed by Asia Pacific, Europe, Middle East & Africa, and South America, during the forecast period. The IoT in logistics market is in a nascent stage and is anticipated to expand rapidly in the next few years.

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Digitalization of Business Processes to Drive Market

Obsolete systems and labor-intensive processes create more challenges and complexities, slowing the operations and hindering the ability of industries to increase revenue. These manual tasks can result in significant inefficiencies and productivity losses for businesses. The transport management system which includes vehicle management, driver management, and operations management is globally expected to rise at a CAGR of 10.1% over the forecast period. This shows that the logistics industry is trying to form a complete digital, flexible, and connected supply chain optimized for e-commerce and last-mile, last-minute delivery. With the deployment of advanced technology, digitalization has witnessed increased adoption across the transportation and logistics industry. Germany-based logistics company Kuehne + Nagel deployed a logistics control tower to make the most of cost competences, while abiding to time constraints and observing standards in security and documentation. The tower uses transportation management software and order management software to exchange data amongst carriers, service providers, and senders & receivers of goods.

Global Internet of Things (IoT) in Logistics Market: Scope of the Report

Based on solutions, the global IoT in logistics market has been segmented in terms of software, hardware, organization size, application, and region. The hardware segment dominated the global market in 2017. Hardware enables users to optimize their applications on branded, reliable, and customized hardware. In terms of organization size, large sized organizations held a prominent market share in 2017 and are expected to continue to dominate the market during the forecast period.

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North America led the global IoT in logistics market, accounting for considerable share in 2017.The U.S. is the major market for logistics solutions in the region. IoT based logistics solutions are also becoming popular in Canada and Rest of North America. The IoT in logistics market in Europe, Asia Pacific, Middle East & Africa, and South America is expected to expand at a rapid pace during the forecast period.

Global Internet of Things (IoT) in Logistics Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global IoT in logistics market. Key players profiled in the report include Cisco Systems Inc., Octonion SA, Kaa IoT Technologies, LLC., NEC Corporation, Honeywell International, Novire Technologies, SAP SE, Intel Corporation, Oracle Corporation, Bosch Software Innovations GmbH, Rockwell Automation, Inc., BICS SA/NV, Amazon Web Services, International Business Machine (IBM) Corporation, and PTC Inc.

The global Internet of Things (IoT) in logistics market has been segmented as below:

Global Internet of Things (IoT) in Logistics Market, by Hardware

  • RFID Tags
  • Beacon
  • Screen/Display
  • Others (Camera, Networking Hardware)

Global Internet of Things (IoT) in Logistics Market, by Software

  • Traffic and Fleet Management
  • Resource and Energy Monitoring
  • Safety and Security
  • Others (Operations Management, Data Analysis)

Global Internet of Things (IoT) in Logistics Market, by Organization Size

  • Small-Mid-sized Organization
  • Large sized Organization

Global Internet of Things (IoT) in Logistics Market, by Application

  • Fleet
  • Warehouse
  • Freight
  • Yard/ Dock

Global Internet of Things (IoT) in Logistics Market, by Enterprise Solutions

  • Fleet
    • RFID Tags
    • Beacon
    • Screen/Display
    • Others (Camera, Networking Hardware)
  • Warehouse
    • RFID Tags
    • Beacon
    • Screen/Display
    • Others (Camera, Networking Hardware)
  • Freight
    • RFID Tags
    • Beacon
    • Screen/Display
    • Others (Camera, Networking Hardware)
  • Yard/ Dock
    • RFID Tags
    • Beacon
    • Screen/Display
    • Others (Camera, Networking Hardware)

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Internet Of Things (IoT) In Logistics Market Key Player, Advanced Technologies and Innovations, Competitive Strategies to Forecasts 2019-2025

Global Internet Of Things (IoT) In Logistics Market report offers complete and intelligent analysis of the competition, segmentation, dynamics, and Technological advancement with future industry prospect to 2025. The research study has been prepared with the use of in-depth qualitative and quantitative analyses of the global Internet Of Things (IoT) In Logistics market. This report includes current trends, growth factors, opportunities, and market restraints.

Market Key Players

Cisco Systems Inc., Octonion SA, Kaa IoT Technologies, NEC Corporation, Honeywell International, Novire Technologies, SAP SE, Intel Corporation, Oracle Corporation, Bosch Software Innovations GmbH, Rockwell Automation, Inc., BICS SA/NV, Amazon Web Services, International Business Machine (IBM) Corporation, PTC Inc..

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Logistics companies invest in automation to increase efficiency, speed, and optimization & timing of the services, thus increasing revenue and customer satisfaction. From a range of rapid high-tech evolutions and in a progressively digital environment where automation is affecting the entire industry, most of the board members of transport & logistics companies appreciate IoT solutions (to optimize production, engage with customers, and operations) as key areas of investment.

Segmentation: Internet Of Things (IoT) In Logistics market

On the basis of types, the Internet Of Things (IoT) In Logistics market is primarily split into:
Wi-Fi
RAT (radio access technologies)
WiMAX (worldwide interoperability for microwave access)
HSPA (high speed package access)
GSM (global system for mobile)

On the basis of applications, the market covers:
Government and utilities
Retail sector
Healthcare sector
Offices
Defense and Military
Individual user

By Geography

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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The study objectives are

To analyze and research the global Internet Of Things (IoT) In Logistics status and future forecast involving, production, revenue, consumption, historical and forecast.

To present the key Internet Of Things (IoT) In Logistics manufacturers, production, revenue, market share, and recent development.

To split the breakdown data by regions, type, manufacturers and applications.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Internet Of Things (IoT) In Logistics market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

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Internet Of Things (IoT) In Logistics Market Overview, Share, Growth Drivers and Forecast Report 2025

MarketInsightsReports present a comprehensive research report namely “Global Internet Of Things (IoT) In Logistics Market Report 2019″ which reveals an extensive analysis of global industry by delivering the detailed information about Forthcoming Trends, Customer’s Expectations, Technological Improvements, Competitive Dynamics and Working Capital in the Market. This is an in-depth study of the market enlightening key forecast to 2025.

Market Key Players

Samsung, Intel Corporation, Broadcom, Cisco, Dell, IBM, Marvell, Micron Technology, Microsemi, NetApp, Oracle, Toshiba, Western Digital.

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Logistics companies invest in automation to increase efficiency, speed, and optimization & timing of the services, thus increasing revenue and customer satisfaction. From a range of rapid high-tech evolutions and in a progressively digital environment where automationis affecting the entire industry, most of the board members of transport & logistics companies appreciate IoT solutions (tooptimize production,engage with customers, and operations) as key areas ofinvestment.

Technological advancements are opening up a range of new opportunities for logistics players, as loT solutions for the logistics sector are more affordable and useful. Internet of Things (IoT) is playing a great role in logistics by tracking and tracing the products to offer complete visibility into the operation and monitor all in real-time.

North America is expected to lead the Internet of Things (IoT) in the logistics market during the forecast period. The IoT requires active and flexible IT support, which is available in most companies in the region. North America dominates the global market for IoT in logistics mainly because of the rise in adoption of logistics solutions. The APAC IoT in the logistics market is projected to grow rapidly because of the rapid growth and increasing use and digitization of the Internet. Additionally, the market in Europe, MEA and South America is expected to witness strong growth during the forecast period.

Segmentation

Internet Of Things (IoT) In Logistics Breakdown Data by Type
Ethernet
Fiber Channel
InfiniBand Network

Internet Of Things (IoT) In Logistics Breakdown Data by Application
IT Industrial
Financial Services
Electronic Commerce
Other

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Regional Analysis

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Objective of the Report

The objective of the report is to present a comprehensive analysis of Global Internet Of Things (IoT) In Logistics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Internet Of Things (IoT) In Logistics Market dynamics, structure by analyzing the market segments and project the Global Internet Of Things (IoT) In Logistics Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Internet Of Things (IoT) In Logistics Market make the report investor’s guide.

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Internet Of Things (IoT) In Logistics Market Latest Trends, Business Opportunities and Demands 2020 to 2026

Internet Of Things (IoT) In Logistics

The report titled “Internet Of Things (IoT) In Logistics Market” has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.

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Top Companies in the Global Internet Of Things (IoT) In Logistics Market: Cisco Systems Inc., Octonion SA, Kaa IoT Technologies, NEC Corporation, Honeywell International, Novire Technologies, SAP SE, Intel Corporation, Oracle Corporation, Bosch Software Innovations GmbH, Rockwell Automation, Inc., BICS SA/NV, Amazon Web Services, International Business Machine (IBM) Corporation, PTC Inc. and other

Global Internet Of Things (IoT) In Logistics Market Split By Product Type And Applications:

This report segments the global Internet Of Things (IoT) In Logistics Market on the basis of Types are:

Traffic and Fleet Management
Resource and Energy Monitoring
Safety and Security
Others (Operations Management, Data Analysis)

On the basis of Application, the Global Internet Of Things (IoT) In Logistics Market is segmented into:

Fleet
Warehouse
Freight
Yard/ Dock

Regional Analysis For Internet Of Things (IoT) In Logistics Market:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Influence of the Internet Of Things (IoT) In Logistics Market report:

-Comprehensive assessment of all opportunities and risk in the Internet Of Things (IoT) In Logistics Market.

Internet Of Things (IoT) In Logistics Market recent innovations and major events.

-Detailed study of business strategies for growth of the Internet Of Things (IoT) In Logistics Market -leading players.

-Conclusive study about the growth plot of Internet Of Things (IoT) In Logistics Market for forthcoming years.

-In-depth understanding of Internet Of Things (IoT) In Logistics Market -particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Internet Of Things (IoT) In Logistics Market.

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Significant Features that are under Offering and Key Highlights of the Reports:

  • Detailed overview of Internet Of Things (IoT) In Logistics Market
  • Changing Internet Of Things (IoT) In Logistics market dynamics of the industry
  • In-depth market segmentation by Type, Application etc.
  • Historical, current and projected Internet Of Things (IoT) In Logistics market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Internet Of Things (IoT) In Logistics Market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth.

Finally, Internet Of Things (IoT) In Logistics Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Internet Of Things (IoT) In Logisticsindustry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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