The latest study titled “Global IoT in Logistics Market – Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026” published by AllTheResearch features an analysis of the current and future scenario of the global IoT in logistics market.
The IoT in logistics Market size was valued at US$ 24.6 Bn in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 16.4% for the forecast period ending 2026 reaching a Market value of US$ 84.9 Bn.
Growing demand for real-time monitoring of logistics and warehouse operations due to rapidly growing e-commerce industry which is coupled with technological advancements in terms of cloud computing are some of the major factors driving the global IoT in logistics market
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The report overview includes studying the market scope, leading players like Cisco Systems Inc. (US), Octonion SA (US), Kaa IoT Technologies (US), NEC Corporation (US), Honeywell International (US), Novire Technologies (US), etc., market segments and sub-segments, market analysis by type, application, geography. The report covers Leading Countries and analyzes the potential of the global IoT in logistics industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis, and market entry strategy Analysis, opportunities, and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19.
The Major Companies Covered in IoT in logistics Market Report are:
- Cisco Systems Inc. (US)
- Octonion SA (US)
- Kaa IoT Technologies
- LLC (US)
- NEC Corporation (US)
- Honeywell International (US)
- Novire Technologies (US)
- SAP SE (US)
- Intel Corporation (US)
- Oracle Corporation (US)
- Bosch Software Innovations GmbH (Germany)
- Rockwell Automation. (US)
- Amazon Web Services (US)
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Application Analysis: Global IoT in logistics market also specifically underpins end-use application scope and their improvements based on technological developments and consumer preferences.
- Fleet
- Warehouse
- Freight
- Yard/ Dock
- Others
Product Type Analysis: Global IoT in logistics market also specifically underpins type scope and their improvements based on technological developments and consumer preferences.
- By Offering (Hardware, Software, Service)
- By Organization Size (SME, Large Scale)
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Regional Analysis of IoT in logistics Market:
From a geographic segmentation perspective, the report focuses on the regions that have a material and significant effect on the overall market value. The broad level coverage of the report includes the regions and key countries within the regions of Global, North America, Europe, APAC, MEA
Impact of COVID-19 on IoT in logistics Market:
The report also contains the effect of the ongoing worldwide pandemic, i.e., COVID-19, on the IoT in logistics Market and what the future holds for it. It offers an analysis of the impacts of the epidemic on the international market. The epidemic has immediately interrupted the requirement and supply series. The IoT in logistics Market report also assesses the economic effect on firms and monetary markets. Futuristic Reports has accumulated advice from several delegates of this business and has engaged from the secondary and primary research to extend the customers with strategies and data to combat industry struggles throughout and after the COVID-19 pandemic.
The Covid19 pandemic has transformed the market landscape. The market ecosystem has taken a directional shift in the way the supply-side of the market is accessed. The report covers the aftermath of the Covid19 catastrophe.
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Key Findings:
- By offering, the software segment is expected to grow at the significant CAGR of around 24.1% during the forecast period
- By organization size, the small and medium-sized segment expected to hold more than 64% market share in 2018 and further anticipated to showcase a tremendous growth rate during the forecast period owing to the expansion of small and medium-sized enterprises in the emerging economies
- By application, the fleet management segment dominated the global IoT in logistics market.
- By region, the North America region, which is driven by growth in the online retail segment, accounted for leading market share globally by contributing more than 34% market share.
Browse the IoT in logistics Market Report and ToC at https://www.alltheresearch.com/report/286/iot-in-logistics-market-market
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