Global Connected Logistics Market Size & Outlook
Global connected logistics market, 2017-2030 (US$M)
Related Markets
Global connected logistics market highlights
- The global connected logistics market generated a revenue of USD 33,581.7 million in 2023 and is expected to reach USD 86,571.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.5% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 22,637.4 million in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 33,581.7 million |
| Market revenue in 2030 | USD 86,571.4 million |
| Growth rate | 14.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 33.3% of the global connected logistics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 2,043.8 million by 2030.
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Connected Logistics Market Scope
Connected Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global connected logistics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to connected logistics market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 67.41% in 2024. Horizon Databook has segmented the Global connected logistics market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Connected Logistics Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- RFID Tags
- Sensors
- Communication Devices
- Tracking Devices
- Others
- Software
- Warehouse Management
- Fleet Management
- Freight/Transportation Management
- Asset Tracking and Management
- Data Management and Analytics
- Others
- Services
- Consulting
- Integration and Deployment
- Support and Maintenance
- Managed Services
- Hardware
- Global Connected Logistics Transportation Mode Outlook (Revenue, USD Million, 2017-2030)
- Roadways
- Railways
- Airways
- Waterways
- Global Connected Logistics Vertical Outlook (Revenue, USD Million, 2017-2030)
- Retail & E-commerce
- Automotive
- Aerospace & Defense
- Healthcare
- Energy
- Electronics & Semiconductors
- Others
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Target buyers of Global connected logistics market databook
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Our clientele includes a mix of connected logistics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global connected logistics market , including forecasts for subscribers. This global databook contains high-level insights into Global connected logistics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global connected logistics market size, by regions, 2017-2030 (US$M)
Top 10 countries: Connected logistics market size, 2024 (US$M)
Global connected logistics market share, by component, 2024 & 2030 (%, US$M)
Connected logistics market: Opportunity assessment by country
Global connected logistics market, by region, 2024 (US$M)
Related regional statistics
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