The Connected Logistics Market is expected to grow from US$37.776 billion in 2025 to US$77.278 billion in 2030, at a CAGR of 15.39%.
Connected logistics offers various services and solutions that facilitate supply chain integration to logistics businesses offering services for varied industry verticals.
The benefits offered by connected logistics include real-time access, improved operational efficiency, and enhanced productivity through the integration of multiple connected platforms. The increased market for intelligent transportation solutions is expected to drive the Connected Logistics market growth. The major factors driving the demand for connected logistics solutions are the booming e-commerce industry, the rising adoption of IoT, the improvement in organizational efficiency, and cost-effectiveness.
Rising disposable income, coupled with increasing smartphone penetration in developing countries, will boost the e-commerce industry, which in turn will drive the demand for connected logistics solutions. Favorable government policies are promoting the set of SMEs across the supply chain. As the supply chain becomes more and more complex, the demand for these solutions will increase on account of ensuring the efficacy of the supply chain and effective monitoring of inventory. This will improve company profitability and will also augment the demand for connected logistics solutions.
Market drivers for the connected logistics market include technological advancements in the industry and the emergence and development of the Internet of Things (IoT) connecting devices. For instance, Intel partnered with Honeywell in January 2017 to develop an IoT-based retail industry solution, and to majorly focus on enhancing supply chain efficiency and increasing profitability by improving product visibility. The newly designed solution will be built with tracking, monitoring, and security access to moving goods. Hence, the challenge is to ensure better inventory accuracy and enhance customer service.
The global connected logistics market based on transport is segmented as Roadways, Railways, Airways, and Seaways. Roadway’s segment holds the largest share of the connected logistics market and is expected to grow during the forecasted period. This is mainly due to the rising requirement to organize and manage the flow of goods in distribution and production. Warehousing and purchasing processes, these factors are uplifting the market demand for the roadways segment of the global connected logistics. Whereas the seaways segment is expected to be the fastest-growing segment on account of the rising need for the ocean freight solution for the transportation of frozen cargo.
By geography, the global connected logistics market has been segmented into North America, South America, Europe, the Middle East, and Africa, and the Asia Pacific. North America holds a significant share and is projected to augment the connected logistics market due to the early adoption of the technology and the presence of well-established internet infrastructure.
The regions adopted connected logistics solutions that leverage advanced technologies such as machine learning, cloud computing, data analytics, big data, deep learning, the Internet of Things, and artificial intelligence. The introduction of new technologies and the trend toward cloud computing are helping firms take better control of the supply chain and improve the overall profitability of the company. North America is followed by Europe as it holds the second-largest market share. Europe is expected to grow rapidly due to the increasing government and private sector investments and the rapidly growing logistics industry.
Asia Pacific is anticipated to be the fastest-growing region in terms of CAGR in the forecasted period. This is mainly owing to the booming e-commerce industry, a growing number of SMEs increasing expenditure towards setting up an internet infrastructure, and focusing on developing Internet of Things-enabled solutions for effective supply chain management. These factors are driving the market growth in the region in the forecasted period.
Connected Logistics Market Segmentation by software:
The market is analyzed by software into the following:
Connected Logistics Market Segmentation by platform
The market is analyzed by platform into the following:
Connected Logistics Market Segmentation by transportation mode
The market is analyzed by transportation mode into the following:
Connected Logistics Market Segmentation by regions:
The study also analyzed the connected logistics in the following regions, with country-level forecasts and analysis as below:
The connected logistics market features key players such as Intel Corporation, Losant IoT, Bosch Service Solutions GmbH, SAP SE, E2open, IBM Corporation, Infosys Limited, Freightgate Inc., Agility, ATT Logistics, LogC2, and Connected Logistics Inc. among others.
This report provides extensive coverage as explained in the points below:
How this report is helpful to you and reasons for the purchase?
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Connected Logistics Market Size in 2025 | US$37.776 billion |
| Connected Logistics Market Size in 2030 | US$77.278 billion |
| Growth Rate | CAGR of 15.39% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Connected Logistics Market |
|
| Customization Scope | Free report customization with purchase |