Connected Logistics Market 2024-2028: Size and Technical glitches in use of connected logistics; growth driven by the Mode Of Transportation, Some of key Companies Positioned Strategically

The connected logistics market size by Mode Of Transportation (Roadways, Railways, Airways, and Waterways), Type (Software services, IT services, and Hardware services), and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 138657.5 million. The market is expected to grow at a CAGR of   34.28% between 2024 and 2028.

• The connected logistics market faces significant challenges due to technical glitches and human intervention in supply chain systems. Automation of digital logger solutions is essential to eliminate human intervention and ensure continuous monitoring. However, some organizations continue to employ manual processes, which can impede the transmission of real-time temperature logs, potentially disrupting business continuity.
• In the dynamic business landscape, the Connected Logistics Market is experiencing significant growth. Leveraging advanced technologies such as IoT, AI, and RFID, this sector is revolutionizing supply chain management and transportation efficiency. By enhancing real-time visibility, automating processes, and optimizing routes, connected logistics is delivering value to businesses through improved agility, reduced costs, and heightened customer satisfaction.

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Some of the Key Companies:

• Accenture Plc
• Amazon.com Inc.
• AT and T Inc.
• Cisco Systems Inc.
• HCL Technologies Ltd.
• Huawei Technologies Co. Ltd.
• Infosys Ltd.
• Intel Corp.
• International Business Machines Corp.
• Microsoft Corp.
• Nokia Corp.
• Oracle Corp.
• ORBCOMM Inc.
• PTC Inc.
• Qualcomm Inc.
• Samsung Electronics Co. Ltd.
• SAP SE
• Siemens AG
• Tata Consultancy Services Ltd.
• Thales Group

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
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