Internet of Things (IoT) in Logistics
Market
Internet of Things (IoT) in Logistics Market Size and Growth
The Internet of Things (IoT) in Logistics market is expanding rapidly, driven by increased demand for automation and real-time tracking. The market size is projected to reach approximately $70 billion by 2026, reflecting a significant growth rate as companies adopt IoT solutions to enhance efficiency and reduce operational costs.
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Companies Covered
(Covid 19 Impact Covered)
◍ Cisco Systems Inc.
◍ Octonion SA
◍ Kaa IoT Technologies
◍ NEC Corporation
◍ Honeywell International
◍ Novire Technologies
◍ SAP SE
◍ Intel Corporation
◍ Oracle Corporation
◍ Bosch Software Innovations GmbH
◍ Rockwell Automation, Inc.
◍ BICS SA/NV
◍ Amazon Web Services
◍ International Business Machine (IBM) Corporation
◍ PTC Inc.
The IoT in logistics market features key players like Cisco, Honeywell, and IBM, focusing on smart supply chain solutions, asset tracking, and predictive analytics. They enhance efficiency and reduce costs through realtime data analysis. Notable revenues include:
- Cisco: $51 billion
- Honeywell: $34 billion
- IBM: $60 billion Request Sample Report
Market Segmentation
By Application
Fleet
Warehouse
Freight
Yard/ Dock Request Sample Report
By Product
Traffic and Fleet Management
Resource and Energy Monitoring
Safety and Security
Others (Operations Management, Data Analysis)
Market Growth
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$ X Billion USD
