Global IoT in Logistics Market PR

1. Global IoT in Logistics Market Growth to be Propelled by Growth in the MobileDevicesbyCAGR of~13%During 2023 – 2033 KennethResearch publishedareporttitled“IoTinLogistics Market:Global DemandAnalysis &OpportunityOutlook 2033”whichdelivers adetailed overview of the global IoT in the logistics market in terms of market segmentation by application,technology,organizationsize,industryvertical,and byregion. Further,for thein-depthanalysis, thereportencompasses theindustry growth indicators, restraints, and supply and demand risk, along with a detailed discussion of currentand futuremarket trends thatareassociated withthegrowthofthemarket. TheglobalIoTinthelogisticsmarketisexpectedtogrowat~13%CAGRovertheforecast period, i.e.,2023-2033.Themarketissegmented byapplication intolocation management,inventorytracking&warehousing,fleetmanagement,predictiveanalytics, blockchain for supply chain management, and self-driving vehicles. Out of these, the location management segment is anticipated to hold the largest share over the forecast periodinvolveslocatinggoodsonaphysicalorvirtualwarehousefloor.Byusing

2. technologylikeRFIDtagsandsensors,warehousescanconstantlytrackthewhereabouts of alltheir inventory. For moreinformation’s@https://www.kennethresearch.com/report-details/iot-in- logistics-market/10085194 Improvements intechnologyhave madeitpossibleforoperatorsto trackitems throughouttheirsupplychainsmoreefficiently,whichhasledtoincreasedefficiencyand decreased costs. The rise of e-commerce and digital transformation, improvements in automation and machinelearning,increasingadoption ofartificial intelligence (AI) technologies,andgrowinguseofdronesforpackagedeliveryareexpectedtosupportthe growth ofthemarket. Geographically, theglobalIoT in the logisticsmarketis segmented intofivemajor regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Out of them, the market in the North America region is projected to hold the largest market share by the end of 2033, due to rising adoption rates among major enterprises. The adoption rate of IoT solutions in the logistics industry is also rising, with hundreds of startups entering the region's IoT scene as a result of the expanding internet penetration, including the 5G network, and expanding e-commerce opportunities in theregion. The research is global in nature and covers a detailed analysis of the market in North America(U.S.,Canada),Europe(U.K.,Germany,France,Italy,Spain,Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest ofLatinAmerica),Asia-Pacific(China,India,Japan,SouthKorea,Indonesia,Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth&opportunityanalysis,marketplayers’competitivestudy,investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report.

3. Increasing Adoption of Artificial Intelligence (AI) Technologies to Drive the GrowthoftheMarket As per recent statistics, in 2030, there will be 21 billion AI instances, with 99% of those instances deployed on Internet of Things (IoT) devices, a nearly consistent percentage over the course of the estimate. The other device types, such as edge computing nodes, cloud, mobile devices, tablets, and PCs, will make up the remaining 99% of all AI deployments. IoTinvolvesattachingcommonplacegadgetstotheweb.Thismakesitpossibletogather alotofdatafrommanylocations,increasingvisibilityacrossactivities.Smartphonesare atypicalIoTapplication.Anyonecansendandreceiveinformationwhilemovingaround according to them. Hence, it is projected to boost the growth of the global IoT in the logistics market. However, the lack of a standardized platform, lack of standardization across different IoTplatforms,andsecurityconcerns arounddataconfidentiality andintegrityare expected to operate as key restraints to the growth of the global IoT in the logistics marketovertheforecast period. This report also provides the existing competitive scenario of some of the key players of theglobalIoTinthelogisticsmarketwhichincludescompanyprofilingofIBM Corporation,MicrosoftCorporation,Intel,SAP,FedExCorporation,XPOLogistics, CiscoSystems,NC.,HoneywellInternationalInc.,AT&TInc.,RobertBoschGmbH,and others. The profiling enfolds key information of the companies which encompasses businessoverview,productsandservices, keyfinancials, andrecentnews and developments. On the whole, the report depicts a detailed overview of the global IoT in thelogisticsmarketthatwillhelp industryconsultants,equipmentmanufacturers, existingplayerssearchingforexpansionopportunities, newplayerssearchingfor possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in thefuture.

4. RequestReport Sample@https://www.kennethresearch.com/sample-request- 10085194 KennethResearch isaleadingserviceproviderfor strategicmarketresearch and consulting. We aim to provide unbiased, unparalleled market insights and industry analysistohelpindustries,conglomerates,andexecutivestotakewisedecisionsfortheir futuremarketingstrategy,expansionandinvestment,etc.Webelieveeverybusinesscan expandtoitsnewhorizon,providedtherightguidanceatarighttimeisavailablethrough strategicminds.Ourout-of-boxthinkinghelpsourclientstotakewisedecisionstoavoid future uncertainties. Contact formoreInfo: AJDaniel Email: sales@kennethresearch.com U.S.Phone: +1313462 0609