In accordance with this study, the Global Internet Of Things (IoT) In Logistics Market value registered in 2019 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2026 with a CAGR of XX% during the period of 2020-2026.
Internet of things (IoT) in logistics refers to tracking of goods, either by scanning barcode attached to the goods or by using GPS and other techniques to broadcast their location. IoT based logistics solutions allow organizations to monitor and manage from a single place which helps them make informed decisions about how goods are stored, monitored, routed and delivered to the customer with the help of internet-enabled devices.
The increasing internet penetration along with growth in e-commerce and quick delivery of goods is escalating the demand for IoT in logistics market growth. Additionally, the rising adoption of logistics solutions and services is further pushing the market growth. However, high investment and maintenance cost associated with IoT services in logistics may hamper market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of internet of things (IoT) in logistics.
The study offers a decisive view of the global internet of things (IoT) in logistics market by segmenting it in terms of software, hardware, organization size, and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
- Traffic and Fleet Management
- Resource and Energy Monitoring
- Safety and Security
By Organization Size
- RFID Tags
- Small-Mid-sized Organizations
- Large sized Organizations
- Yard/ Dock
This section covers internet of things (IoT) in logistics market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global internet of things (IoT) in logistics market along with the individual application segment across all the prominent region.
Global Internet Of Things (IoT) In Logistics Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global internet of things (IoT) in logistics market are Amazon Web Services, BICS SA/NV, Bosch Software Innovations GmbH, Cisco Systems Inc., Honeywell International, Intel Corporation, International Business Machine (IBM) Corporation, Kaa IoT Technologies, LLC., NEC Corporation, Novire Technologies, Octonion SA, PTC Inc., Rockwell Automation, Inc., and SAP SE. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.