Internet of Things (IoT) in Logistics Market size was valued at US$ 44.24 Bn. in 201 and the total revenue is expected to grow at 13.25 % through 2021 to 2029, reaching nearly US$ 119.72 Bn.
Internet of Things (IoT) in Logistics Market Overview:
The purpose of this report is to provide a thorough examination of the Internet of Things (IoT) in Logistics Market by segments and geographics. The study goes into great detail on the primary factors influencing the Internet of Things (IoT) in Logistics market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
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Internet of Things (IoT) in Logistics Market Scope:
The “Global Internet of Things (IoT) in Logistics Market Analysis” is a detailed investigation of the Internet of Things (IoT) in Logistics market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Internet of Things (IoT) in Logistics market as well as detailed market segmentation by application, end-use, and geography. The Internet of Things (IoT) in Logistics market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Internet of Things (IoT) in Logistics players, as well as noteworthy industry trends and opportunities.
The research method used to assess and anticipate the Internet of Things (IoT) in Logistics market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Internet of Things (IoT) in Logistics market was calculated using the revenue of significant enterprises.
Internet of Things (IoT) in Logistics Market Segmentation:
The Internet of Things (IoT) in Logistics market is divided into Large Enterprises and SMEs based on Organisation Size. In 2021, the sector representing Large Enterprises had the largest market share of%. This is owing to the fact that major corporations employ IoT far more frequently in their logistical operations than do small and medium-sized enterprises (SMEs), who have better access to IoT solutions.The logistics market for the Internet of Things (IoT) is divided into four subsectors based on applications: warehouse, freight, yard/dock, fleet, and others. In 2021, the Fleet category accounted for the greatest market share of%. Fleet management helps logistics companies better control their fuel and maintenance costs, provides real-time fleet visibility, enhances driver safety, and gets rid of driver fraud.
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Internet of Things (IoT) in Logistics Market Key Players:
The major players covered in the Internet of Things (IoT) in Logistics market report are
• Amazon Web Services Inc.
• IBM Corporation
• Intel Corporation
• AT&T Inc.
• PTC Inc.
• Hexagon AB
• Eurotech S.p.A.
• Cisco System Inc.
• Veridify Security Inc.
• ORBCOMM Inc.
• E2open, LLC
• NEC Corporation
• Honeywell International Inc.
• Qualcomm Inc.
• Microsoft Corp.
• SAP SE
• Oracle Corp.
• Octonion SA.
Internet of Things (IoT) in Logistics Market Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Internet of Things (IoT) in Logistics Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Internet of Things (IoT) in Logistics market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Internet of Things (IoT) in Logistics industry,
Key Questions Answered in the Internet of Things (IoT) in Logistics Market Report are:
- Which segment grabbed the largest share in the Internet of Things (IoT) in Logistics market?
- What was the competitive scenario of the Internet of Things (IoT) in Logistics market in 2021?
- Which are the key factors responsible for the Internet of Things (IoT) in Logistics market growth?
- Which region held the maximum share in the Internet of Things (IoT) in Logistics market in 2021?
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