Connected Logistics Market to Reach US$55.17 Bn by 2025 Due to Rapid Growth in Online Sales, Says TMR

ALBANY, New York, November 28, 2018 /PRNewswire/ --

According to Transparency Market Research, the global connected logistics market is projected to expand at healthy 17.8% of CAGR during the forecast period between 2017 and 2025. Thus, rising at this growth rate, the valuation of the market is expected to reach US$55.17 bn by the end of 2025. In 2016, the valuation of the market was US$10.21.

     (Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

The global connected logistics market seems fragmented due to the presence of numerous small and large players operating in the market. Leading players in the market are focusing on implementing various business development strategies such as mergers and acquisitions, partnership, collaborations, and introduction of new products that will help the players to maintain a competitive edge in the market.  Microsoft Corporation, International Business Machines Corporation, Google Inc., Oracle Corporation, NETSUITE Inc., Amazon Web Services Inc.,   Infosys Limited, and   Dynatrace LLC are some of the key leading players operating the connected logistics market at the global level.

Request a PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=25196

Based on services, the asset management service segment is projected to dominate the market on the accounts growing development in the infrastructure of logistics and transportation. Rapid globalization has also augmented the demand for asset management services that are further likely to benefit the market's growth. On regional front, North America holds a maximum number of share in the global market. Growing demand for integrity control and proper logistics for delicate products have led the dominance of this region. On the other hand, Asia Pacific is expected to rise at a significant growth rate due to flourishing e-commerce sector where real-time tracking devices play a crucial role.

Get a PDF Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25196

Rising E-Commerce to Drive Connected Logistics Market  

The world is now driven on the internet and other technologies that have grown the connectivity among the producers and customers at a massive rate. Nowadays, online purchases have grown largely as compared to retail store purchases. The growing e-commerce requires better and advanced logistics that can provide an effective and smooth supply of good, thus this has improved the demand in the global connected logistics market. Moreover, the demand for connected logistics has increased dramatically because some of the pharmaceuticals products are sensitive while transportation, however through connected logistics manufacturers are alerted to take effective steps before the product is damaged.  

Download TOC for In-depth analysis at https://www.transparencymarketresearch.com/report-toc/25196  

Tampering Single Device in a Group of Connected Devices can Hamper Crucial Information 

Despite the growing demand for connected logistics, few restraining factors might deter the market's growth during the forecast period. One of the major factor is rising use of multiple devices across enterprise that has increased the threats and have increased the need for better safety and confidentiality of data. As large number of devices are connected, interfering with even a single device in the network can lead to potential threat for the company. Therefore, connected devices require focused security solution, which cannot be met by PC security solutions for IoT embedded devices.

Request a Discount on this Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=25196

The information presented in this review is based on a TMR report, titled "Connected Logistics Market (Service - Asset Management, Remote Asset Tracking, Security, Network Management, and Data Management; End use - Freight Management, Food and Beverage Supply Chain, Healthcare, Retail, and Warehouse Management ) - Global Industry Analysis Size Share Growth Trends and Forecast 2017 - 2025."

Global Connected Logistics Market has been segmented as presented below: 

Global Connected Logistics Market, by Service 

• Asset Management
• Remote Asset Tracking
• Security
• Network Management
• Data Management

Global Connected Logistics Market, by End Use Industry 

• Freight Management
• Food and Beverage Supply Chain
• Healthcare
• Retail
• Warehouse Management
• Others

Global Connected Logistics Market: Geography 

• North America 
  • U.S.
  • Canada
• Europe 
  • U.K.
  • Italy
  • Spain
  • France
  • Germany
  • Rest Of Europe
• Asia Pacific Excluding Japan 
  • China
  • India
  • ASEAN
  • Rest Of Asia Pacific
  • Japan
• Latin America 
  • Brazil
  • Mexico
  • Rest of South America
• Middle East & Africa (MEA) 
  • GCC
  • South Africa
  • Rest of MEA

Browse More IT & Telecom Market Research Reports

Popular Research Reports by TMR: 

• Human Capital Management Market: https://www.transparencymarketresearch.com/human-capital-management-market.html
  
• Digital Transformation Spending in Logistics Market: https://www.transparencymarketresearch.com/digital-transformation-spending-logistics-market.html
  
• Asset Tracking and Inventory Management Solutions Market: https://www.transparencymarketresearch.com/asset-tracking-inventory-management-market.html

About Us 

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision. 

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com

Research Blog: http://www.techyounme.com/