Connected Logistics Market: Rising E-Commerce to Drive Connected Logistics Market

-
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.

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.

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.

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.

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation market is a
Read more

Military Land Vehicle Electronics Market: Latest Trends and Forecast Analysis up to 2019 - 2027

-
Global Military Land Vehicle Electronics Market – Introduction Military land vehicle electronics are used in military land vehicles to enable navigation, communication, and observation in the exchange of intra-vehicular or inter-vehicular information. They are used in the military to increase warfare capabilities in surveillance, intelligence, and reconnaissance missions. This is expected to enhance the demand for military land vehicle electronics across the world.  The growing trend of an open reference architecture system is augmented by an increasing need for military land vehicle electronics, which is turn is expected to fuel the market. Besides, armored fighting vehicles (AFVs) are equipped with networked information technology, so as to provide them with combat capabilities and optimal situational awareness. This in turn is expected to boost the military land vehicle electronics market over the forecast period. Key Drivers of the Military Land Vehicle Electronics Market
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. Incr
Read more