Size of the Asia-Pacific Connected Logistics Market, Industry Analysis, Regional Outlook, and Forecast to 2028

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The Asia-Pacific Connected Logistics Market is expected to grow at a CAGR of more than 18% CAGR during the forecast period, i.e., 2023-28.

The recent report by Markntel Advisors on Asia-Pacific Connected Logistics Market Size, Share, Analysis Future and forecast 2023-2028 promises trustworthy, objective, and precise insights into the market with the addition of accurate and reliable data explaining and briefing about the elements of the industry. The diverse fragmentation of the industry is handled by investigating each element, segment-wise, region-wise, and more, to comprehend a detailed and systematic report to provide the stakeholder with all the various tools and details of the industry.

The researchers analyze the collected data and present an understanding of the flow of the market. Through various subdivisions, the report aims to declutter all the trends and factors fueling the market’s growth. The report is a systematical, chapter-wise thesis of multiple segments, areas, characteristics, environmental or regional influence, and other factors involved in the overall growth and establishment of the industry. By dividing the market into chapters, the analysts present the report more straightforwardly to point out all the minute details of the industry and how it influences other factors.

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The Key Elements Covered in Asia-Pacific Connected Logistics Market Report:

  • The report tracks and covers the regions where the market is partially and majorly active. Geographically, the market focuses on the place of manufacture, raw material extraction to the area where the products consumers are based, to be the regional expansion of the industry. To track and forecast the market size, the geographically dominant region in the industry, concerning the central areas covered.
  • The report is compiled systematically and methodically, with each section neatly covering its essence and influence in the market. Likewise, the report provides a credible selection of market dynamics consisting of the following significant pillars of the industry’s study, Market Drivers, Market Restraints, Growth Opportunities, Challenges
  • A separate section to provide the impact of COVID-19 on the market to better grasp the fluctuation during and after the pandemic. 
  • Elaborated information on industry overview, specifications, definitions, suppliers, RD status, cost structure analysis, sources, technological advancement, the further scope for improvement, applications, and more. 

Market Dynamics

Key Driver: Mounting Adoption of IoT-Enabled Connected Devices

Rising fuel costs and carbon emission pollution levels have amplified the adoption of IoT- enabled connected logistics solutions equipped with cloud technology, sensors, IoT for the remote management, monitoring, and control of supply chain operations. IoT adoption has proved to improve the efficiency of the supply chain platform for the logistics transportation industry as it offers complete visibility and quicker detection of network issues that help in effective timely decision-making and, in turn, allow for long-term cost savings. Hence, several logistics transportation companies are increasingly adopting IoT devices for their associated benefits, i.e., spurring growth in the connected logistics industry across Asia-Pacific.

Growth Restraint: Lack of Logistics Standardization in China South Korea

Across Asia-Pacific, countries like China South Korea have a limited extent of logistics standardization, owing mainly to the lack of enforcement made by their governments, coupled with the absence of organizations that can proactively initiate unify multi-national logistics standardization efforts, including the development implementation of both domestic international standards associated with logistics equipment, tools, packaging, storage, transportation, loading/unloading, ICT, which are compatible with widely used international logistics standards. Hence, increased costs associated with supply chain operations due to the lack of logistics standardization might act as a major growth restraint for the Asia-Pacific Connected Logistics Market during 2023-28.

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A Window into What Competitors Are Doing

The report comprises of detailed study of the steps, products, changes, marketing strategies, sustainability tactics, mergers, acquisition, and more which has shaped the industry and affected the market. The report showcases various elements to explain the dominance of competitors and the market, including:

  • Recent developments
  • Risk SWOT analysis
  • Mergers and acquisition
  • Performance 
  • Services offered

In the case of the Asia-Pacific Connected Logistics market, the market participants include:

-SAP SE

-American Telephone and Telegraph Inc. (ATT)

-Parametric Technology Corporation Inc. (PTC)

-Cisco Systems, Inc.

-Zebra Technologies Corporation

-International Business Machines Corporation (IBM)

-Oracle Corporation

-Eurotech S.p.A.

-SecureRF

-Intel Corporation

-Others

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Dividing The Asia-Pacific Connected Logistics Market into Sections:

The report covers the bifurcations of the industry group based on a common element, on which further investigation is performed. Furthermore, the report provides data on each high-performer segment in each group of features and information about the reasons behind the part acquiring a higher share or flourishing more in the industry. Thus, a deep analysis of various market elements is presented by categorizing the segments as follows:

By Software

-Asset Management

--Remote asset tracking

--Predictive asset management and monitoring

-Warehouse IoT

--Warehouse management system

--Warehouse control system

--Building Automation system

-Security

-Network Management

-Data Management

-Streaming Analytics

By Product Type

-Device Management

-Application Management

-Connectivity Management

By Service

-Professional Service

--Consulting service

--Integration and deployment

--Support and maintenance

-Managed Service

By Transportation

-Roadways

-Railways

-Airways

-Seaways

By End-User

-Retail

-Manufacturing

-Oil Gas and Energy

-Pharmaceuticals and Healthcare

-Automotive

-Aerospace and Defence

-Food and Beverage

-Others (Chemicals, Telecom IT, etc.)

By Country

-China

-Japan

-India

-South Korea

-South East Asia

-Australia

-New Zealand

-Rest of Asia-Pacific

Offers and Customizations of Asia-Pacific Connected Logistics Market Report

For a personalized and customized research report on the Asia-Pacific Connected Logistics Market, kindly contact Markntel Advisors. The analysts and researchers focus on providing accurate information, beneficial tools, and further insights into the industry to yield higher profits.

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ABOUT US:

MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.

Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market

Seg mentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.

 

Using such information, our clients can identify attractive investment opportunities strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

 

“Thank you for reading our report. If you require the most recent report tailored in any way, please get in touch with us. Our staff will collaborate with you to make sure the report is written to meet your needs”.

 

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