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More Information @ http://bit.ly/2n5bmpR <br>Connected Logistics Market size is expected to grow at a CAGR of over 30% over the forecast timespan. Connected logistics helps in establishing, improving interactions between all partners involved in the logistics network by enabling hub operators to monitor inward and outward traffic. This results in more transparency and enhanced efficiency.<br>
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Connected Logistics Market share to grow at 30% CAGR from 2016 to 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
Regional Analysis of Connected Logistics Market : • U.S. connected logistics market share was the leading regional segment in 2015. The APAC also consists of the world’s largest consumer market which facilitates the flow of goods and less regulatory burdens. Hence the local players are also adopting new technologies to provide better solutions. This marks the shift of logistics from conventional infrastructure to modern methods.
Application Analysis of Connected Logistics Market : • Major system segments include monitoring management systems, logistics management systems, warehouse management systems and security systems. Technology systems consist of cellular, Wi-Fi, Satellite, ZigBee and NFC. Key devices include gateways, sensor nodes and RFID tags. Service based contributing to connected logistics market size include 3PL services, professional services and system integration. • Railways, airways, roadways, and seaways are classified under transportation modes. The segment leading the connected logistics market is software services having the highest share and is expected to continue the dominance. The main reason behind this is growth of cloud solutions which are offered to service providers by vendors across the globe.
Competitive Market Share of Connected Logistics Market : • Some of the players are IBM, AT&T Inc., Eurotech S.P.A, ORBCOMM, Infosys, Cisco Systems, Intel Corporation, Zebra Technologies, SAP, SecureRE, GT Nexus. Major players in the market are expanding by acquiring new companies to maintain presence in the growing competitive environment. The connected logistics market share is also witnessing the collaborations of major players to provide better technological solutions.
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