Quick Overview of the Asia-Pacific Connected Logistics Market Analysis
The Asia-Pacific Connected Logistics Market Analysis, research report provides an in-depth market study with qualitative and quantitative research of the continuing industry trends, opportunities, growth areas, drivers, and challenges, which would enable stakeholders to align their market strategies according to the present future market dynamics.
Detailed Analysis of Asia-Pacific Connected Logistics Industry (2023-28): Reveals Further Growth Market Expansion
According to the most recent study, the Asia-Pacific Connected Logistics Market is projected to grow at a CAGR of around 18% during the forecast period, i.e., 2023-28. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, regional landscape, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2023-28.
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Asia-Pacific Connected Logistics Market Key Driver:
Mounting Adoption of IoT-Enabled Connected Devices - Rising fuel costs and carbon emission pollution levels have amplified the adoption of IoT- enabled connected logistics solutions equipped with cloud technology, sensors, IoT for the remote management, monitoring, and control of supply chain operations. IoT adoption has proved to improve the efficiency of the supply chain platform for the logistics transportation industry as it offers complete visibility and quicker detection of network issues that help in effective timely decision-making and, in turn, allow for long-term cost savings. Hence, several logistics transportation companies are increasingly adopting IoT devices for their associated benefits, i.e., spurring growth in the connected logistics industry across Asia-Pacific.
Asia-Pacific Connected Logistics Market Segmentation Analysis
-By Software
- Asset Management
- Warehouse IoT
- Security
- Network Management
- Data Management
- Streaming Analytics
-By Product Type
- Device Management
- Application Management
- Connectivity Management
-By Service
- Professional Service
- Managed Service
-By Transportation
- Roadways
- Railways
- Airways
- Seaways
-By End-User
- Retail
- Manufacturing
- Oil Gas and Energy
- Pharmaceuticals and Healthcare
- Automotive
- Aerospace and Defence
- Food and Beverage
- Others (Chemicals, Telecom IT, etc.)
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Geographical Analysis:
-By Country
- China
- Japan
- India
- South Korea
- South East Asia
- Australia
- New Zealand
- Rest of Asia-Pacific
Of all countries across Asia-Pacific, China, the world's leading e-commerce industry that accounts for over half of all global e-commerce transactions, is projected to continue its dominance in the Connected Logistics Market during 2023-28. The logistics sector in China is undergoing significant transformations and adopting new digitized supply chain tools solutions. Technologies like cloud-based systems, data analytics, and AI are penetrating the industry and reshaping supply chain operations in order to provide enterprises with better more accurate inventory management.
Key Players and Competitive Strategies in the Asia-Pacific Connected Logistics Market
The report provides a study that looks at the requirements for manufacturing and processing, project expenses, finance, and economics, as well as projected profit margins and returns on investment. This also helps in identifying the major market players in the market such as:
- SAP SE
- American Telephone and Telegraph Inc. (ATT)
- Parametric Technology Corporation Inc. (PTC)
- Cisco Systems, Inc.
- Zebra Technologies Corporation
- International Business Machines Corporation (IBM)
- Oracle Corporation
- Eurotech S.p.A.
- SecureRF
- Intel Corporation
- Others
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Asia-Pacific Connected Logistics Industry Recent Developments
- On 8 February 2022, Oracle signed a deal with RHI Magnesita, the world's leading supplier of refractory products, to support the latter's expansion technology modernization. Upon the implementation of Oracle's Fusion Cloud Transportation Management, as selected by RHI, its shipping locations will run on one unified transport management system covering all aspects of its logistics processes.
Key Report Highlights
- Market Dimensions Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the globe?
- How has the industry been evolving in terms of geography and product adoption?
- How has the competition been shaping up across various regions?
- How have buying behaviour, customer inclination, and expectations from product manufacturers been evolving during 2023-28?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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