A Comprehensive Look at the Top Asia-Pacific Connected Logistics Market: MarkNtel

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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 Asia-Pacific Connected Logistics Market Size, Share, and overview research report forecast 2023-2028 offers a comprehensive overview of the market, including current trends and forecast growth in terms of service and products. The reader may use this information to better understand the market under consideration's quantitative growth elements. This research focuses on crucial market growth indicators and examines revenue development, value chain analysis, and geography studies in great detail.

To get a competitive edge in the industry, top suppliers are focusing on providing high-quality, economical, and new technologies employing existing materials. Leading producers compete in terms of price, quality, design, and aftermarket support. The competition is increasing and getting better thanks to technological know-how and investments made through partnerships and agreements.

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The study's objective was to:

  1. Market size by major regions/nations and other study segments are taken into account and analysed.
  2. A better comprehension of market structure.
  3. Identifies, portrays, and examines Market Players to determine value, share, the competitive landscape, SWOT analysis, and future development strategies.
  4. To assess the market's particular growth trends, potential, and overall commitment.
  5. To convey in-depth information about the major market growth influences (growth potential, industry-specific challenges, and risks).
  6. To assess the market's size in relation to important regions and the relevant main countries.
  7. To assess market developments for competitive analysis, such as market growth, partnerships, new product introductions, and acquisitions.

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.

Industry Players Development

  • On 8 February 2022, Oracle signed a deal with RHI Magnesita, the world's leading supplier of refractory products, to support the latter's expansion technology modernization. Upon the implementation of Oracle's Fusion Cloud Transportation Management, as selected by RHI, its shipping locations will run on one unified transport management system covering all aspects of its logistics processes.

Competitively in the Asia-Pacific Connected Logistics Market:

To create superior business plans and obtain a competitive advantage, it is essential to consider historical firm performance, basic operational techniques, and the product and service portfolio. This research provides an in-depth analysis of the leading players in the worldwide Asia-Pacific Connected Logistics market historical firm performance, basic operational techniques, and the product and service portfolio. These businesses have engaged in a number of joint ventures, collaborations, mergers, and acquisitions in order to forge a strong position in the market:

Top Companies of Asia-Pacific Connected Logistics Market

-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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Important Asia-Pacific Connected Logistics Market Segmentation

The market segmentation section explains segments to readers. The report outlines their historical development as well as the future course they will probably take. In-depth details on new trends that may influence these segments' future are also included. In addition to providing projections for 2023-2028 at the global, regional, and national levels, the report looks at important trends in each sub segment of the worldwide market.

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

Important Concerns Addressed in This Asia-Pacific Connected Logistics Market Report:

  1. How has the worldwide Asia-Pacific Connected Logistics Market performed thus far, and how will it fare in the years to come?
  2. What effect did COVID-19 have on the market?
  3. Which geographical markets are most crucial?
  4. How does the market division appear?
  5. What are the various steps in the industry's value chain?
  6. What are the industry's primary driving forces and obstacles?
  7. How is the Asia-Pacific Connected Logistics Market structured globally, and who are the key players?

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About MarkNtel Advisors

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 segmentation, 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.

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