Connected Logistics Sector: Growth Drivers and Challenges
Growth Drivers
- Rising Adoption of IoT
- Increasing Shift of Businesses Towards Logistics 4.0
- Surge in Adoption of Sensor-Based Technologies
Challenges
- Lack of Proper Infrastructure in Several Developing Economies
- Concern for Data Security
- Lack of Uniform Government Regulations
Connected Logistics Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
14.3% |
|
Base Year Market Size (2024) |
USD 37.54 billion |
|
Forecast Year Market Size (2037) |
USD 213.35 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of connected logistics is evaluated at USD 42.1 billion.
Connected Logistics Market size was over USD 37.54 billion in 2024 and is poised to exceed USD 213.35 billion by 2037, witnessing over 14.3% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is set to account for largest revenue share of 35% by 2037, attributed to growing e-commerce industry in the region, backed by the surge in e-commerce transactions.
The major players in the market are AT&T Inc., IBM Corporation, Intel Corporation, SAP SE, Infosys Limited, Cisco Systems Inc., HCL Technologies Limited, ORBCOMM Inc., and others.
