Connected Logistics Market Advanced Technologies By 2016-2024 Connected Logistics Market

Connected Logistics Market Advanced Technologies & Growth
Opportunities Worldwide By 2016-2024: Global Market Insights
Inc.
Technology report on Connected Logistics Market says “U.S. connected logistics
market share was the leading regional segment in 2015. The APAC also consists
of the world’s largest consumer market which facilitates the flow of goods and
less regulatory burdens. Hence the local players are also adopting new
technologies to provide better solutions,” Connected Logistics Market size is
expected to grow at a CAGR of over 30% over the forecast timespan.
Connected logistics helps in establishing, improving interactions between all partners
involved in the logistics network by enabling hub operators to monitor inward and
outward traffic. This results in more transparency and enhanced efficiency. Presence
of business activities across the various regions of globe makes it mandatory for
organizations to opt for advanced infrastructure.
Information, which is the scarcest resource in the business world, can be efficiently
and effectively used with the help of connected logistic systems to redefine production
schedule and logistics. The connected logistics market tries to build the competitive
benefits in world of fierce competition by addressing issues with technology and
speed. It can serve as a potent tool for success in today's competitive business
environment, since responsiveness to customer needs is the key determinant. An
enterprise that caters instantly to the needs of the customer is the winner.
Issues such as improvement in service availability, performance, and utilization
through mobile devices can be addressed by asset management software to help
freight and infrastructure managers. Hence, asset management software is expected
to hold the maximum connected logistics market share. Solutions powered with the
use of technologies like IoT and RFID help organizations address the most crucial
challenge which is ensuring product delivery in a timely manner to the customer.
Real time vehicle tracking is made easier with the advent of advanced vehicle control
system and tracking system. Real time fast response to false events can be provided
using security software. The software detects the unauthorized objects possessed by
individuals in the transport vehicles and monitors entry points. Some key users in the
connected logistics market are solution providers, communication equipment
providers, government agencies and authorities, system integrators, M2M, IoT, and
general telecommunications companies, managed service and middleware
companies, Internet identity management, privacy, and security companies.
Internet proliferation and growing affordability of IoT services like RFID, sensors have
led to high growth prospects in the connected logistics market. Big data and analytics
platform are equally contributing to the rising industry growth. This is also supported
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