Connected Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

 

A connected logistics system is a support service that uses new technology to provide material handling and transport for a superior, more significant and value-creating manufacturing process. Linked logistics improve logistic companies by improving operational efficiency, real-time access, and productivity through the integration of numerous connected platforms such as IoT, cloud computing, and smart devices. Bluetooth and Wi-Fi are two communication technologies that are used to improve logistical support systems. Because it is more sophisticated, autonomous, adaptive, and intelligent, connected logistics is an acceptable and vital business approach.

Connected Logistic Market is a cabin air filter that absorbs allergens as well as small and coarse particles. The pollen filter in the car also keeps hazardous bacteria and mold from entering the passenger compartment via the ventilation or air conditioning system.

Connected Logistic Market is an interdependent system of communication devices, connections, and Internet of Things (IoT) technologies that transform critical logistical processes to become more customer-centric by sharing data, information, and facts with supply chain partners.

Connected Logistic Market refers to an interconnected network of communication devices, joints, and Internet of Things (IoT) technologies that alter critical logistical operations to make them more customer-centric by sharing data, information, and facts with supply chain partners. The market for connected logistics is still in its early stages, but it can be defined as interconnected devices used by logistics and IoT solution providers to gain greater visibility within the warehouse, transportation, and associated logistics processes such as order processing, financial transactions, shipping, and dispatching & picking. It facilitates essential decision-making by identifying critical bottlenecks and thereby driving more effective business decisions.

Key Players

Communication equipment suppliers, government agencies and authorities, IoT and general telecommunications companies, and privacy and security firms are among the primary users in the linked logistics sector. AT&T Inc., IBM Corporation, Intel Corporation, SAP SE, Infosys Limited, Cisco Systems Inc., HCL Technologies Limited, Eurotech S.P.A., Microsoft, Oracle, Cloud Logistics, Zebra technologies, ORBCOMM, and GT Nexus are among the major competitors in the global connected logistics market.