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Connected Logistics Market Size, Share & Industry Analysis, By Component (Hardware, Solutions, Services), By Transportation Mode (Roadway, Railway, Airway, Seaway), By Vertical (Manufacturing, Automotive, Food and Beverages, Consumer Goods and Retail, Oil & Gas, Travel and Hospitality, Healthcare and Pharmaceuticals, and Others) and Regional Forecast, 2019-2032

Last Updated: January 07, 2026 | Format: PDF | Report ID: FBI102414

 

Connected Logistics Market Size

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The global connected logistics market size was reached at USD 14.49 billion in 2018 and is expected to grow to USD 423.64 billion by 2032, growing at a CAGR of 23.7% during the forecast period. North America dominated the connected logistics market, with a 32.50% share in 2018. This growth is driven by lines across integrated digital supply chains, real-time visibility platforms, and data-led transportation optimization strategies globally.

The connected logistics market represents a structural shift in how supply chains plan, execute, and monitor physical flows. Organizations integrate sensors, connectivity, analytics, and software platforms to create synchronized logistics ecosystems. This approach improves asset utilization, shipment visibility, and operational responsiveness across complex transportation networks. Adoption spans manufacturers, retailers, logistics service providers, and infrastructure operators seeking resilient, data-driven operations.

From a market size perspective, the connected logistics market reflects expanding digital investment across freight, warehousing, and last-mile delivery. Growth stems from enterprises prioritizing real-time insight over fragmented, manual coordination. Market share remains distributed across technology vendors, platform providers, and service specialists, reflecting varied deployment models and industry requirements. No single architecture dominates, reinforcing a modular, partner-driven ecosystem.

Market growth accelerates as supply chains absorb volatility from trade shifts, labor constraints, and customer service expectations. Connected logistics platforms increasingly function as decision-support layers rather than passive tracking tools. Integration with enterprise resource planning, transportation management, and inventory systems deepens operational impact. As data volumes rise, analytics-driven orchestration becomes a competitive necessity.

Regionally, adoption patterns differ by infrastructure maturity, regulatory alignment, and digital readiness. Advanced economies emphasize optimization and automation, while emerging regions focus on visibility and compliance. Across both, cloud deployment lowers adoption barriers and speeds scalability. Workforce management, cybersecurity, and interoperability remain critical execution considerations.

Connected logistics is a set of platforms or software and hardware that helps gain real-time information regarding the goods that are shipped through various modes of transportation, including roadways, railways, airways, and seaways. It shares relevant data and logistical information with all supply chain partners to smooth the transportation process. These solutions help companies improve operational efficiency, provide real-time access, and enhance productivity by integrating multiple connected platforms. It assists in cargo traffic management & routing, and supply chain security management. It also helps in risk resilience planning, tracking each fleet vehicle’s location, and performance optimization.

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Connected Logistics Market Trends

The increasing availability of connected logistics solutions equipped with a high level of interoperability, security, and accessibility features is fuelling the demand for these solutions. Additionally, the need to lower the cost associated with warehousing services and shipment is driving the growth of the market. The expanded market for intelligent transportation solutions is anticipated to accelerate the growth of the market.

A defining trend in the connected logistics market is the shift from isolated tracking solutions toward integrated, end-to-end visibility platforms. Organizations increasingly seek unified views across shipment status, asset condition, and operational performance rather than point solutions tied to individual transport modes.

Edge-enabled intelligence is gaining prominence. Processing data closer to assets reduces latency and bandwidth demand while enabling faster exception management. This trend supports time-sensitive use cases such as cold-chain monitoring and route deviation alerts.

Adoption of cloud-native architectures continues to reshape deployment models. Cloud platforms simplify scalability, enable multi-tenant collaboration, and support rapid feature updates. Buyers favor modular platforms that integrate with existing enterprise systems rather than wholesale replacements.

Another notable trend is the growing emphasis on predictive and prescriptive analytics. Connected logistics platforms increasingly move beyond descriptive tracking to forecast delays, anticipate maintenance needs, and recommend corrective actions. This analytical shift improves decision quality and operational resilience.

Sustainability considerations also influence platform design. Logistics operators use connected data to optimize routes, reduce idle time, and support emissions reporting. Regulatory pressure and corporate sustainability commitments reinforce this trend.

The emergence of logistics 4.0 and the ongoing research and development of autonomous logistics trucks are expected to create lucrative opportunities for the growth of the market during the forecast period. Additionally, the decreasing cost of IoT sensors fuels market growth. However, rising security and safety issues in the logistics industry are one of the factors hampering the growth of the market. 

Connected Logistics Market Growth Factors

Growing Adoption of IoT-Enabled Connected Devices to Aid the Market Growth

The increasing cost of fuels and related environmental issues, such as carbon emissions and pollution, are encouraging the shift from traditional transportation methods towards IoT-enabled connected logistics solutions. They leverage sensors, cloud technology, and IoT connectivity to remotely manage, monitor, and control the supply chain operations. The adoption of IoT has improved the efficiency of the supply chain platform for the logistics and transportation industry. It provides complete visibility and faster detection of network issues, which helps in effective and timely decision-making. Also, enhanced supply chain visibility leads to long-term cost savings. Thus, the demand for IoT-enabled solutions is expanding across various industrial verticals, including manufacturing, transportation, and automotive.

Emergence of High-Tech Vehicles to Drive the Growth of the Market

Autonomous trucks and vehicles possess numerous benefits across various industries that are struggling with the demand for shorter delivery times. Thus, the growing need for these vehicles across industries such as food and beverages, healthcare and pharmaceuticals, and manufacturing, for the movement of goods, is fuelling the demand for connected logistics technologies. The growing mobility demand has emphasized challenges such as volatile oil prices, massive investment, and dealing with emissions. Hence, key players are involved in developing high-tech vehicles that are capable of meeting the future needs of the economy as well as society. The high-tech vehicles used in supply chain and logistics help in improving both the efficiency and safety of transportation, combined with enhanced environmental sustainability. Furthermore, the increasing availability of connected drones is driving this demand for the growing number of high-tech vehicles.

The primary driver of the connected logistics market is the structural need for real-time visibility across increasingly complex supply chains. Global logistics networks span multiple geographies, transportation modes, and regulatory regimes, creating operational blind spots that traditional systems cannot address. Connected logistics platforms close these gaps by enabling continuous asset tracking, condition monitoring, and event-based alerts across the logistics lifecycle.

Rising cost pressure reinforces adoption. Fuel volatility, labor shortages, and inventory carrying costs push enterprises to optimize routes, improve asset utilization, and reduce dwell time. Connected solutions support predictive planning and dynamic decision-making, allowing operators to respond faster to disruptions and demand shifts. This directly improves service reliability and working capital efficiency.

Customer expectations also influence demand. Retailers, manufacturers, and distributors face growing pressure to provide accurate delivery windows, shipment transparency, and reminder-based fulfillment. Connected logistics enables data-driven service commitments, strengthening customer retention and contract performance.

Regulatory compliance acts as an additional catalyst. Industries such as pharmaceuticals, food and beverages, and chemicals require traceability, temperature monitoring, and audit-ready records. Connected logistics platforms automate compliance reporting while reducing manual oversight.

RESTRAINING FACTORS

Lack of Logistics Standardization

Logistics standardization could pose various challenges owing to marked differences in business customs, infrastructure, culture, and government policies. Additionally, to sustain a high level of global competitiveness, the countries need to reduce their logistics costs through logistics standardization comparable to global standards like the European Union (EU) standards and ISO standards.

For instance, as compared to the U.S. and European Union nations, the extent of logistics standardization in both China and Korea is limited.  This was owed to the lack of promotional and enforcement measures made by the Chinese and Korean governments, as well as the absence of regional organizations that can actively initiate and unify multinational logistics standardization efforts. These efforts include the development and implementation of both domestic and international standards associated with logistics equipment, tools, packaging, storage, transportation, loading/unloading, and ICT that are compatible with widely used international logistics standards such as ISO standards. Thus, the lack of logistics standardization increases the cost associated with the complete supply chain process, which hinders the growth of the connected logistics market.

Several constraints moderate the pace of adoption in the connected logistics market. Integration complexity remains a central challenge. Logistics environments rely on heterogeneous legacy systems across transport management, warehouse operations, and enterprise planning, increasing deployment time and risk.

Data governance and interoperability issues also constrain scale. Connected logistics platforms aggregate sensitive operational data across partners, raising concerns around ownership, access rights, and cross-border data flows. These issues slow multi-party adoption, particularly in regulated industries.

Capital intensity presents another barrier. Hardware investments in sensors, gateways, and connectivity must be justified against uncertain near-term returns. Smaller operators and regional carriers often delay deployment without anchor customers or long-term contracts.

Cybersecurity risk further shapes buyer behavior. Expanded connectivity increases exposure to intrusion, spoofing, and service disruption. Buyers require hardened architectures, continuous monitoring, and incident response capabilities, increasing the total cost of ownership. Operational readiness is uneven. Workforce skills in data analytics, systems integration, and change management vary widely across logistics organizations. Limited internal capability can reduce realized value even after deployment.

Market Opportunities

The connected logistics market presents an expanding opportunity as supply chains transition from reactive coordination toward data-driven orchestration. One of the most significant opportunities lies in brownfield digitalization. Many logistics networks operate with legacy systems that lack real-time visibility. Vendors offering modular, interoperable connected logistics solutions can unlock value without requiring full system replacement.

Cold chain logistics represents another high-potential area. Pharmaceuticals, food, and biologics increasingly require continuous monitoring of temperature, humidity, and handling conditions. Connected logistics platforms that integrate sensor data with compliance reporting address both operational and regulatory needs.

Small and mid-sized enterprises (SMEs) remain underpenetrated. Historically constrained by cost and complexity, these firms now benefit from cloud-based, subscription-driven platforms. Simplified onboarding and scalable pricing models open new demand pools beyond large global shippers.

Public infrastructure modernization creates further opportunity. Governments invest in smart ports, intelligent transport corridors, and digitized customs processes. Connected logistics platforms that align with public-sector standards and data-sharing frameworks can participate in long-term infrastructure programs.

Advanced analytics and artificial intelligence integration also create differentiation potential. Platforms that convert raw telemetry into predictive insights support inventory optimization, proactive risk management, and service-level improvement. This shifts connected logistics from a monitoring tool to a strategic decision-support layer.

Connected Logistics Market Segmentation Analysis

By Component Analysis

Solutions Segment is Expected to Augment the Connected Logistics Market During the Forecast Period

Based on the component, the market is classified into hardware, solutions, and services.

Among these, the solutions segment held the largest market share in 2018 and is expected to continue during the forecast period. This increasing growth of the market is mainly owing to the growing need for mobility and effective supply chain management.

Solutions represent the analytical and orchestration layer of the connected logistics market. This segment includes platforms for fleet management, asset tracking, route optimization, condition monitoring, and supply chain visibility. Solutions capture the largest share of value creation due to their role in translating raw data into actionable intelligence. Buyers evaluate platforms based on scalability, integration with enterprise resource planning systems, analytics depth, and cybersecurity architecture. Cloud-native solutions increasingly dominate, supporting rapid deployment and cross-network visibility.

The solutions segment is further divided into warehouse management, freight management, fleet management, asset tracking and management, device management, connectivity management, and others. Among these, the asset tracking and management segment held the largest market share in 2018, owing to the increasing adoption of asset tracking solutions for GPS positioning and real-time asset management.

The hardware segment is further broken into the gateway, RFID tags, and sensor nodes. Among these, the sensor node segment held the largest market share in 2018, owing to the growing need to monitor the location and speed of shipping objects. Additionally, IoT-based connected sensing technology helps in maintaining temperature stability and minimizing the wastage of perishable products, thereby enhancing supply chain visibility.

Hardware forms the foundational layer of connected logistics deployments. This segment includes sensors, telematics devices, gateways, RFID tags, and onboard units installed on vehicles, containers, pallets, and infrastructure assets. Hardware demand is driven by the need for real-time data capture across distributed logistics networks. While hardware margins are relatively constrained, volume growth remains steady as tracking coverage expands. Hardware purchasing decisions prioritize durability, battery life, and compatibility with multiple connectivity standards.

The service segment of the market is expected to be the fastest-growing segment during the forecast period. Along with the solutions, the key players are also engaged in providing professional and managed services. Among these, professional services hold the largest market share owing to the growing demand for digital & analytics and R&D services among organizations to gain a competitive edge.

Services complete the ecosystem by supporting implementation, customization, maintenance, and managed operations. This segment includes system integration, consulting, managed connectivity, and lifecycle support. Services adoption increases as connected logistics platforms grow more complex and mission-critical. Many enterprises lack internal capabilities to manage device fleets, data security, and platform optimization. As a result, service providers capture recurring revenue and deepen customer relationships. Over time, service margins often exceed those of hardware, reinforcing their strategic importance.

By Transportation Mode Analysis

The Roadways Segment has accounted for the Largest Market Share

Based on the transportation mode, the market is segmented into roadways, railways, airways, and maritime.

Among these, the roadways segment held the largest market share in 2018 and is expected to continue during the forecast period. The growing need to organize and manage the flow of goods related to purchasing, production, warehousing, distribution, reuse, and exchange of products, as well as the provision of added-value services, is uplifting the demand in the roadway segment. Additionally, the rising need to track real-time location to solve the transportation problem is fueling the demand. The Roadway segment is estimated to reach a value of USD 7.38 billion in 2025.

Roadway transportation accounts for the largest share of connected logistics adoption. Trucking fleets, last-mile delivery providers, and regional distributors rely on connected platforms to manage vehicle utilization, fuel efficiency, driver behavior, and route optimization. High asset dispersion and frequent route variability make roadway logistics well-suited for real-time monitoring. Adoption is strongest where delivery speed and service reliability directly influence customer satisfaction.

Seaway Logistics increasingly adopts connected platforms to improve port efficiency and cargo visibility. Maritime operators deploy sensors and gateways to track containers, monitor fuel consumption, and manage vessel performance. Adoption is driven by congestion management, emissions monitoring, and regulatory reporting. While deployment environments are challenging, connected logistics platforms support long-distance visibility and intermodal coordination, reinforcing their strategic value.

The Seaways segment is expected to be the fastest-growing segment in the global smart transportation market, owing to the growing need for ocean freight solutions for the transport of chilled and frozen cargo from one location to another.

Airway logistics focuses on high-value, time-sensitive cargo. Connected logistics platforms support tracking of shipments, ground handling coordination, and condition monitoring for pharmaceuticals and electronics. Adoption emphasizes reliability, data accuracy, and regulatory compliance rather than cost reduction alone. Integration with aviation safety systems and airport operations shapes deployment models. While volumes are lower than roadway logistics, value density remains high.

Railway logistics adopts connected systems more selectively but benefits from scale. Rail operators deploy connected logistics for wagon tracking, predictive maintenance, and network scheduling. Long asset lifecycles and centralized ownership slow adoption relative to roadway transport. However, once deployed, connected platforms deliver substantial efficiency gains due to high asset values and network interdependence. Integration with national infrastructure systems influences procurement decisions.

By Vertical Analysis

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Manufacturing Segment Accounts for the Largest Market Share

By vertical, the market has been diversified into manufacturing, automotive, food and beverages, consumer goods and retail, oil & gas, travel and hospitality, healthcare and pharmaceuticals, and others.

The manufacturing segment held the largest share in 2018, owing to the growing need to improve the tracking of pallets and packages during transport. Food and beverages are expected to contribute 18.2% of the global market share in 2025. Manufacturing represents a core vertical within the connected logistics market. 

Manufacturers deploy connected platforms to synchronize inbound materials, work-in-progress movement, and outbound distribution. Real-time visibility supports just-in-time production and inventory reduction. Adoption is strongest among manufacturers with complex supplier networks and global distribution footprints. Integration with production planning systems enhances value creation.

Automotive logistics emphasizes precision and coordination. Connected platforms support parts sequencing, vehicle transport tracking, and dealer distribution. High production cadence and tight tolerances make real-time logistics data essential. Automotive firms evaluate connected logistics solutions based on reliability, latency, and integration with manufacturing execution systems. This vertical drives demand for advanced analytics and predictive capabilities.

Food and beverages logistics prioritize condition monitoring and compliance. Temperature, humidity, and handling integrity directly impact product quality and regulatory adherence. Connected logistics platforms enable continuous monitoring across cold chains, reducing spoilage and liability risk. Adoption is accelerating as regulatory scrutiny increases, and retailers demand greater transparency from suppliers.

The consumer goods and retail sector exhibited the highest CAGR during the forecast period, owing to the increasing adoption of time-sensitive shipping and temperature-controlled road freight. Consumer goods and retail logistics focus on inventory visibility and last-mile efficiency. E-commerce growth intensifies the need for accurate delivery tracking and demand forecasting. Connected platforms support omnichannel fulfillment, returns management, and distribution center optimization. This vertical values scalability and rapid deployment, favoring cloud-based solutions with flexible pricing models.

Oil and gas logistics deploys connected systems in hazardous and remote environments. Asset tracking, safety monitoring, and predictive maintenance are critical use cases. Adoption is influenced by capital expenditure cycles and regulatory requirements. While volumes are lower, the value per deployment is high due to operational risk and asset criticality.

Travel and hospitality logistics apply connected platforms to baggage handling, catering supply chains, and facility operations. Adoption remains selective but grows as operators seek efficiency and service reliability. Integration with passenger-facing systems enhances value beyond pure logistics functions.

Healthcare and pharmaceuticals represent one of the fastest-growing verticals. Connected logistics ensures the integrity of medical supplies, vaccines, and biologics. Real-time tracking and condition monitoring support compliance and patient safety. Buyers prioritize data accuracy, auditability, and system validation, driving demand for specialized platforms.

Other verticals include construction, agriculture, and public sector logistics. Adoption varies by asset intensity and regulatory exposure. Across segments, value creation increasingly shifts from basic tracking toward predictive and prescriptive analytics.

REGIONAL ANALYSIS

The report covers and analyzes the market across five major regions, which are North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. These regions are further categorized into their respective countries.

North America Connected Logistics Market Analysis

North America represents a structurally advanced connected logistics market, shaped by early digital adoption and complex supply chain networks. Enterprises prioritize real-time visibility, fleet optimization, and regulatory compliance. Adoption is driven by e-commerce scale, cross-border trade intensity, and technology readiness. Buyers emphasize cybersecurity, interoperability, and integration with legacy enterprise systems when evaluating connected logistics platforms.

The United States anchors regional demand through large transportation fleets, sophisticated warehousing networks, and strong digital infrastructure. Connected logistics adoption focuses on roadway transport, last-mile delivery, and cold-chain monitoring. Enterprises increasingly deploy analytics-driven platforms to manage labor shortages and cost pressures. Procurement decisions prioritize scalability, cloud integration, and vendor capability to support nationwide operations.

North America is projected to augment the market during the forecast period. In 2018, North America generated a revenue of USD 4.71 billion and is expected to reach up to USD 23.97 billion by 2026. This lucrative growth in North America is mainly due to the adoption of connected logistics solutions that leverage advanced technologies, including machine learning, IoT, cloud computing, big data, data analytics, deep learning, and artificial intelligence (AI). Industries in this region are implementing connected logistics technologies to enhance operational efficiency and supply chain management. In North America, the US holds the largest market share owing to the presence of a large number of prominent players.

Europe Connected Logistics Market Analysis

The European connected logistics market evolves within a tightly regulated and highly integrated trade environment. Adoption emphasizes cross-border interoperability, emissions monitoring, and operational transparency. Enterprises deploy connected solutions to optimize multimodal transport and comply with sustainability mandates. Fragmented regulatory frameworks across countries increase demand for standardized platforms capable of operating consistently across diverse logistics ecosystems.

The German market is shaped by its role as a manufacturing and export hub. Connected logistics platforms support precision logistics, automotive supply chains, and industrial automation. Adoption favors high-reliability systems integrated with production planning and warehouse automation. Enterprises value deterministic performance, data security, and long-term vendor support aligned with industrial operational standards.

The United Kingdom emphasizes connected logistics to manage trade complexity and domestic distribution efficiency. Adoption focuses on inventory visibility, port operations, and roadway transport optimization. Enterprises deploy connected platforms to address labor constraints and service reliability expectations. Flexible deployment models and managed services are increasingly preferred to reduce internal operational complexity.

Europe holds the second-largest market share and is expected to grow at a remarkable CAGR during the forecast period, and is projected to exhibit a CAGR of 22.20%. The demand is increasing in Europe owing to the rapidly growing logistics industry. Additionally, increasing government and private sector investments in the transportation sector are fuelling market growth across the region.

North America Connected Logistics Market Size, 2018 (USD Billion)

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Asia-Pacific Connected Logistics Market Analysis

Asia-Pacific demonstrates strong medium-term growth driven by manufacturing scale, infrastructure expansion, and digital transformation initiatives. Governments support smart logistics programs to enhance trade competitiveness. Adoption varies widely by country, with advanced economies prioritizing analytics and emerging markets focusing on basic visibility. Interoperability and cost efficiency remain key purchasing considerations.

Japan's connected logistics market emphasizes resilience, precision, and operational continuity. Adoption supports just-in-time manufacturing, disaster preparedness, and aging workforce challenges. Enterprises deploy connected platforms to improve asset utilization and predictive maintenance. Reliability, system integration, and long-term vendor stability strongly influence procurement decisions in this market.

China market is driven by large-scale manufacturing, domestic distribution networks, and digital infrastructure investment. Connected logistics platforms support automation, real-time tracking, and supply chain coordination. Adoption is closely aligned with national smart logistics initiatives. Enterprises prioritize scalability, platform localization, and integration with domestic technology ecosystems.

Asia Pacific is positioned to be the fastest-growing region in the global connected logistics market in terms of CAGR. The connected logistics market in Japan is expected to reach an estimated value of USD 1.05 billion in 2025. Similarly, the market in China is expected to grow at a steady CAGR of 25.4%. The solutions providers in this region are working to develop IoT-enabled solutions for effective supply chain management, thereby driving the market growth. 

Latin America Connected Logistics Market Analysis

Latin America represents an emerging connected logistics market with selective adoption at major trade corridors. Enterprises focus on fleet tracking, security, and route optimization to address infrastructure variability. Cost sensitivity shapes deployment scope, favoring modular solutions with clear operational returns. Adoption accelerates where logistics reliability directly impacts export competitiveness.

Middle East & Africa Connected Logistics Market Analysis

The Middle East & Africa market is driven by infrastructure investment, port development, and regional trade hubs. Connected logistics adoption supports visibility, asset security, and efficiency in complex trade environments. Large-scale projects lead deployment, while broader adoption remains gradual due to cost and integration constraints.

List of Top Connected Logistics Companies Profiled:

Competitive Landscape

The connected logistics market features a diverse competitive landscape combining global technology vendors, specialized logistics software providers, system integrators, and connectivity operators. Competition centers on platform capability, ecosystem breadth, and ability to address industry-specific requirements rather than price alone.

Large technology vendors leverage scale, cloud infrastructure, and analytics expertise to deliver end-to-end connected logistics platforms. Their offerings integrate device management, data ingestion, analytics, and visualization within unified architectures. These vendors benefit from global reach and strong research and development investment, but often rely on partners for domain-specific customization.

Specialized logistics software providers focus on niche capabilities such as fleet optimization, cold-chain monitoring, or port management. Their strength lies in deep vertical expertise and rapid innovation cycles. These players frequently integrate their solutions into broader enterprise platforms, positioning themselves as value-added components rather than standalone systems.

System integrators play a critical role in deployment and adoption. They bridge gaps between hardware, connectivity, and software platforms while ensuring alignment with enterprise workflows. Integrators differentiate through industry knowledge, regulatory familiarity, and lifecycle support capabilities.

Connectivity providers contribute network access, managed services, and device management. Their role expands as enterprises seek simplified procurement and single-point accountability. Hybrid connectivity models combining cellular, satellite, and low-power networks enhance coverage and resilience.

Partnerships define competitive advantage. Vendors increasingly collaborate to deliver interoperable solutions spanning hardware, analytics, and services. Mergers and acquisitions focus on expanding analytics capabilities, geographic reach, or vertical specialization.

Key Players such as HCL Technologies Limited, Zebra Technologies Corp., and Cisco Systems, Inc., are expected to strengthen their Market Position Backed by Heavy Investments and Developments in the Connected Logistics Market.

HCL Technologies Limited offers a variety of connected logistics solutions, including iMRO, Digital Crew, Digital Airport, Logitrack, Smart Warehouse, Smart Postbox, SalesWorkx, Single View of Customer, and iHMS. HCL Logitrack, a real-time supply chain visibility solution, assists in real-time track & trace and shipment health monitoring. It also engages in providing various types of services, including digital & analytics services, application services, infrastructure management services, engineering, and R&D services.

Zebra Technologies Corp. offers various types of hardware, software, and services for inventory and materials management, multi-modal and voice-directed picking, put-away and replenishment, packing and staging, and reverse logistics. Zebra’s mobile warehouse inventory solutions manage the organization’s inventory in real-time, keeping an accurate count and tracking of goods. The company also delivers strategic planning and consulting services to the organization to select appropriate warehouse solutions according to current and future needs.

Cisco Systems, Inc. has been actively providing solutions for different transportation modes, including maritime, mass transit, aviation, rail, and roadways. For connected maritime, the company is offering an array of solutions, including Cisco IE 2000 and 3000 Series Switches, Cisco 819 Integrated Services Router, Cisco Aironet 3500 Series Access Points, Cisco Video Surveillance 6000 Series IP Cameras, Catalyst 3850 Series Switches, and Cisco Connected Mobile Experiences. It offers connected maritime solutions that help in improving operational efficiency through cargo tracking and monitoring.

Connected Logistics Industry: Key Developments

  • March 2024: Cisco expanded its connected logistics portfolio by enhancing edge networking and IoT management capabilities to improve real-time visibility and security across distributed transportation and warehouse environments.
  • June 2024: SAP strengthened its logistics analytics platform through deeper integration of connected asset data, enabling predictive insights and tighter alignment with enterprise resource planning workflows.
  • October 2024: Siemens Digital Industries introduced advanced condition monitoring solutions for connected logistics, focusing on industrial-grade sensors and analytics to support predictive maintenance across transport assets.
  • February 2025: Oracle enhanced its cloud-based logistics visibility solutions by incorporating real-time telemetry and AI-driven optimization tools to improve supply chain orchestration and decision support.
  • May 2025: Verizon Business expanded managed connected logistics services, offering end-to-end device management, secure connectivity, and analytics support for large fleet and enterprise logistics customers.

REPORT COVERAGE

The report offers an elaborate analysis of numerous factors affecting the global connected logistics market. These include opportunities, growth drivers, threats, key developments, and restraints. In addition to this, it further helps in analyzing, segmenting, and defining the market based on different segments such as component, transportation mode, and verticals. It strategically analyzes several strategies, such as product innovations, mergers, alliances, joint ventures, and acquisitions, adopted by players in the industry.

Report Scope & Segmentation

SEGMENTATION

DETAILS

Study Period

  2015-2026

Base Year

  2018

Forecast Period

  2019-2026

Historical Period

  2015-2017

Unit

  Value (USD Billion)

Segmentation

By Component

  • Hardware                             
    • Gateway
    • RFID Tags              
    • Sensor Node        
  • Solutions                               
    • Warehouse Management 
    • Freight Management          
    • Fleet Management             
    • Asset Tracking and Management     
    • Device Management          
    • Connectivity Management
    • Others   
  • Services                
    • Managed Services              
    • Professional Services         

By Transportation Mode

  • Roadway
  • Railway
  • Airway
  • Seaway

By Vertical

  • Manufacturing
  • Automotive
  • Food and Beverages
  • Consumer Goods and Retail
  • Oil & Gas
  • Travel and Hospitality
  • Healthcare and Pharmaceuticals
  • Others

By Region

  • North America (US and Canada)
  • Europe (UK, Germany, France, Netherlands, and Rest of Europe)
  • Asia Pacific (China, Japan, India, Southeast Asia, and the Rest of Asia Pacific)
  • Middle East & Africa (GCC, South Africa, and the Rest of the Middle East & Africa)
  • Latin America (Mexico, Brazil, and the Rest of Latin America)


Frequently Asked Questions

As per our (Fortune Business Insights) study, the market is predicted to reach USD 82.14 Billion by 2026 with a CAGR of 24.7% (2019 -2026).

As per our study, business owners are more inclined towards connected logistics. Currently (in 2019), the market value at USD 17.53 billion, and it is anticipated to reach USD 82.14 billion by 2026 at a CAGR of 24.7% during the forecast period (2019 -2026).

Globally, spending on connected logistics is increasing each year. For instance, North America generated a revenue of USD 4.71 billion in 2018 and is expected to create a remarkable revenue share by 2026.

In the market, the roadway is the leading segment owing to the rising need to track real-time location to solve the transportation problem.

Some of the driving factors for the market are the growing adoption of IoT-enabled connected devices and the increasing number of high-tech vehicles.

In the market, some of the key players are AT&T Intellectual Property, Robert Bosch GmbH, Cisco Systems, Inc., Freightgate Inc., HCL Technologies Limited, Honeywell International Inc., IBM Corporation, Infosys Limited, Intel Corporation, NEC Corporation, One Network Enterprises, ORBCOMM, SAP SE, SIGFOX and Zebra Technologies Corp.

North America is expected to hold the highest market share, owing to the presence of major key players in the US and the adoption of connected logistics solutions that leverage advanced technologies including machine learning and IoT.

Asset tracking and management solution would generate the highest revenue during the forecast period, owing to the increasing adoption of asset tracking solutions for GPS positioning and real-time asset management.

The manufacturing sector is expected to lead the market, owing to the increasing adoption of connected logistics solutions for time-sensitive transportation and temperature-controlled road freight.

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