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Global Connected Logistics Market to Grow at a CAGR of 33% by 2023: Analysis By Software, Platform, Service, Transportation Mode, Industry Vertical & GeographyDUBLIN, August 3, 2017 /PRNewswire/ -- The "Global Connected Logistics Market Size, Share, Development, Growth and Demand Forecast to 2023" report has been added to Research and Markets' offering. The global connected logistics market is expected to witness a CAGR of 33%, during the forecast period, to reach $73,846.1 million by 2023. The global connected logistics market is driven by factors such as rapid growth in IoT, decreasing cost of communication devices, increasing need for logistic operational efficiency, and adoption of smart devices globally. In addition, with the advent of internet connections and development of advanced communication technologies, new logistic solutions are improving the overall efficiency of freight transportation, warehouse operations, and end delivery. Connected logistics allow end customers and logistic providers to adjust their supply chains to streamline delays and cancellations, which further generates the demand for on-time and real-time tracking logistic service. With significant development in IoT and related technology, logistic providers are rendering connected logistics applications to monitor and track the entire supply chain in real-time through sensors and connected devices anywhere and at any time. Companies Mentioned:
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