Connected Logistics Market : Key Statistics and Market Dynamics. Trends, Key Players, Growth Drivers
3 months ago, Thu, Oct 26, 2017, 04:25:18
Connected logistics refer to a set of communication devices, advanced network connections and Internet of Things (IoT) technologies, which makes the traditional logistic processes more customer-centric. This is achieved by sharing relevant data, logistical information, and past facts with the supply chain partners. The global connected logistics market has gained significant growth, owing to development of new technologies for transportation and logistics. The connected logistics technology can further be described as interconnected devices that today’s logistics and IoT solution providers render to enhance the operational efficiency of various logistics operations. These connected logistics technologies include fleet management, warehouse management, transportation, tracking, monitoring and other associated logistics processes, such as order processing, financial transactions, shipping, and dispatching. The growth of the global connected logistics market is also supported by introduction of new software solutions for the transportation and management of goods, such as tracking of goods, and movement of trucks, trains, planes, and ships that carry them through sensors installed on the carriers.