Connected Logistics Market Size Study, By Type, Application, And Regional Forecasts 2029

November 14, 2022 ⚊ 1 Min read ⚊ Views 76 ⚊ TECH

The global Connected Logistics Market is expected to reach $57.75 billion by 2029, growing at a CAGR of 11.5% during the forecast period of 2022–2029.

The growth of this market is attributed to the factors such as the rising need for efficient warehouse management and the increasing adoption of IoT, cloud, and other technologies across industries. In addition, the incorporation of blockchain technology in freight management and the growing scope of leveraging connected logistics in developing regions are expected to offer significant opportunities for the growth of this market.

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