Report Overview:
The following report titled “Asia-Pacific Connected Logistics Market: By Software (Asset Management, (Remote asset tracking, Predictive asset management and monitoring), Warehouse IoT, (Warehouse management system, Warehouse control system, Building Automation system), Security, Network Management, Data Management, Streaming Analytics, By Product Type (Device Management, Application Management, Connectivity Management) and other forecast 2023-2028” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
Asia-Pacific Connected Logistics Market Summary
The Asia-Pacific Connected Logistics Market is expected to grow at a CAGR of more than 18% CAGR during the forecast period, i.e., 2023-28. Currently, the market is in its nascent phase, and future growth would be driven primarily by the ever-growing need for optimizing the transportation & logistics industry to reduce operational costs & carbon emissions and the rapidly growing penetration of Industry 4.0 & industrial IoT devices. Besides, rapid technological advancements in transportation, the flourishing manufacturing & e-commerce sectors, and massive investments by governments in megacity projects are other prominent aspects projected to drive the connected logistics market in the forecast years.
Report Coverage & Details
- Forecast Period: 2023–2028
- Base Year: 2022
- CAGR: 18%
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Asia-Pacific Connected Logistics Market Driver:
Mounting Adoption of IoT-Enabled Connected Devices - Rising fuel costs and carbon emission & pollution levels have amplified the adoption of IoT- enabled connected logistics solutions equipped with cloud technology, sensors, & IoT for the remote management, monitoring, and control of supply chain operations. IoT adoption has proved to improve the efficiency of the supply chain platform for the logistics & transportation industry as it offers complete visibility and quicker detection of network issues that help in effective & timely decision-making and, in turn, allow for long-term cost savings. Hence, several logistics & transportation companies are increasingly adopting IoT devices for their associated benefits, i.e., spurring growth in the connected logistics industry across Asia-Pacific.
Segmentation Analysis: Asia-Pacific Connected Logistics Market
By Software
- Asset Management
- Remote asset tracking
- Predictive asset management and monitoring
- Warehouse IoT
- Warehouse management system
- Warehouse control system
- Building Automation system
- Security
- Network Management
- Data Management
- Streaming Analytics
By Product Type
- Device Management
- Application Management
- Connectivity Management
By Service
- Professional Service
- Consulting service
- Integration and deployment
- Support and maintenance
- Managed Service
By Transportation
- Roadways
- Railways
- Airways
- Seaways
By End-User
- Retail
- Manufacturing
- Oil & Gas and Energy
- Pharmaceuticals and Healthcare
- Automotive
- Aerospace and Defence
- Food and Beverage
- Others (Chemicals, Telecom & IT, etc.)
By Country
- China
- Japan
- India
- South Korea
- South East Asia
- Australia
- New Zealand
- Rest of Asia-Pacific
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Leading Players Analysis: Asia-Pacific Connected Logistics Market
The report provides detailed analysis of key players in the Asia-Pacific Connected Logistics market, highlighting their strategies and competitive scenario.
- SAP SE
- American Telephone and Telegraph Inc. (AT&T)
- Parametric Technology Corporation Inc. (PTC)
- Cisco Systems, Inc.
- Zebra Technologies Corporation
- International Business Machines Corporation (IBM)
- Oracle Corporation
- Eurotech S.p.A.
- SecureRF
- Intel Corporation
- Others
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