The global connected logistics market to grow at a CAGR of 29.72% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global connected logistics market for 2016-2020. To calculate the market size, the report considers the revenue generated by vendors by providing the various technology and services to customers such as software services, IT services, and hardware devices has been taken into consideration. The report also includes a discussion of the key vendors operating in this market.
According to the report, connectivity and robust infrastructure are the central pillars of SCM systems. Communication systems enhance the performance of logistics services and reduce costs with the help of advanced technologies (such as sensors and RFID). Intelligent transportation systems and the adoption of vehicle telematics in logistic services will improve communication systems.
The increasing adoption of IoT in SCM systems is one of the most important trends in the connected logistics market. IoT is being increasingly adopted because smart connected devices help to track shipments on a real-time basis. IoT has already gained traction in industry verticals such as manufacturing, healthcare, and the transportation.
Further, the report states that There are ICT-related infrastructure challenges that pose barriers to the adoption of connected logistics solutions. These include the lack of communication systems, low bandwidth, and connectivity. The challenge is higher in developing economies than in developed economies. The storage facilities and vehicles that are used in the supply chain systems in developing nations are mostly outdated.
Other prominent vendors
- Amazon Web Services
- Huawei Technologies
- Samsung Electronics
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by technology and services
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/xhvc8z/global_connected
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets