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According to the study conducted by Next Move Strategy Consulting, the Global Connected Logistics Market is predicted to thrive at a CAGR of 14.86% till 2030 and to reach USD 71.94 billion.
Overview
The Global Connected Logistics Market is predicted to thrive at a CAGR of 14.86% till 2030 and to reach USD 71.94 billion.
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The increasing demand for e-commerce with the boost in global trade has led to a growing need for real time monitoring and visibility of the logistics and supply chain. This pushed companies to use connected logistics solutions to optimize their supply chain operations and provide real-time tracking and monitoring of goods in transit.
The global connected logistics market share is segmented on the basis of component, technology, devices, transportation mode, and geography. On the basis of component, the market is divided into hardware, software, and services.
North America holds the major share of connected logistics market and is expected to continue its dominance during the forecast period. The growing e-commerce sector driven by the surge in online shopping and consumer demand for efficient deliveries are driving the growth of the connected logistics market in this region.
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On the other hand, Asia-Pacific is expected to show a steady rise in the smart logistics market owing to the growing e-commerce industry in China, India, and Japan driven by the need for efficient supply chain operations, optimized last-mile delivery, and effective inventory management.
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About Next Move Strategy Consulting:
Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider committed to delivering high-quality market research reports. We assist multinational companies in gaining a competitive edge and expanding their industry presence by capturing a larger market share. Our research methodology combines primary research, secondary research, data mining, and data analytics to deliver reliable insights.
Over a decade, we have served over 1,000 global customers, including 90% of Fortune 500 companies. Our analysts constantly monitor high-growth markets and uncover hidden opportunities in various sectors. We offer top-quality syndicate and custom research reports across ten different industry verticals, catering to your unique business needs. Our industry-standard delivery solutions, from pre-consultation to after-sales services, ensure an exceptional client experience and support informed strategic decision-making.
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Next Move Strategy Consulting E-Mail: info@nextmsc.com Direct: +1-217-650-7991 Website: https://www.nextmsc.com/
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