Analysis on Impact of COVID-19- Connected Logistics Market 2020–2024 | Need to Enhance Connectivity to Boost Growth | Technavio
Technavio has been monitoring the connected logistics market and it is poised to grow by USD 29.66 billion during 2020–2024, progressing at a CAGR of almost 22% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture Plc, Amazon.com Inc., AT&T Inc., Cisco Systems Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., Samsung Electronics Co. Ltd., SAP SE, and Siemens AG are some of the major market participants. The need to enhance connectivity will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Need to enhance connectivity has been instrumental in driving the growth of the market.
Connected Logistics Market 2020–2024: Segmentation
Connected Logistics Market is segmented as below:
- Type
- Geographic Landscape
- Software Services
- IT Services
- Hardware Devices
- APAC
- Europe
- MEA
- North America
- South America
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Connected Logistics Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our connected logistics market report covers the following areas:
- Connected Logistics Market Size
- Connected Logistics Market Trends
- Connected Logistics Market Industry Analysis
This study identifies effective management of temperature-sensitive products as one of the prime reasons driving the connected logistics market growth during the next few years.
Connected Logistics Market 2020–2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the connected logistics market, including some of the vendors such as Accenture Plc, Amazon.com Inc., AT&T Inc., Cisco Systems Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., Samsung Electronics Co. Ltd., SAP SE, and Siemens AG. Backed with competitive intelligence and benchmarking, our research reports on the connected logistics market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
