A Look into the Future of the Asia-Pacific Connected Logistics Market
A Look into the Future of the Asia-Pacific Connected Logistics Market | Trends and Strategies Through 2028
Introducing the Asia-Pacific Connected Logistics Market: An Insightful Research Report
A recently published research report by MarkNtel Advisors reveals compelling findings on the growth potential of the Asia-Pacific Connected Logistics Market Size, Share, Growth, Demand, And Future FY2028. The report projects a robust expansion of approximately 18% CAGR during the period of 2023-28. Employing comprehensive analytical techniques, the researchers have meticulously examined market dynamics, presenting an array of statistical data spanning historic years 2018-21 and the base year 2022. The findings are thoughtfully illustrated through graphs, diagrams, tables, and pie charts, offering stakeholders a clear understanding of the industry's trajectory and empowering them to make well-informed decisions.
In addition to providing an overarching industry overview, the report also encompasses business-oriented tactics, strategies, and revenue generation plans set forth by prominent players within the projected timeline. Furthermore, it conducts an assessment of the leading companies that hold the highest stakes in the market.
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Key Aspects Covered in the Asia-Pacific Connected Logistics Market Report -
The report highlights significant developments, trends, the introduction of new services, expansions in product portfolios, revenue generation, stakeholder investments, growth strategies, and the influence of governments. These parameters collectively aim to enlighten stakeholders and enable them to make informed decisions.
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.
Segmentation Analysis of Asia-Pacific Connected Logistics Market -
The report features a comprehensive analysis of all segments profiled in the Asia-Pacific Connected Logistics Market research report, highlighting their expansion across different geographic regions. It provides in-depth insights into the overall size and volume of products/services, along with an examination of their demand and industry fluctuations. Furthermore, the report familiarizes stakeholders with demand, production, and distribution mapping, providing valuable insights into potential growth opportunities in the coming years.
The segmentation analysis is 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.)
Get a Complete Picture (Understand Market Size, Growth Drivers, and Emerging Trends for Informed Decision-Making) with the Full Report – https://www.marknteladvisors.com/research-library/asia-pacific-connected-logistics-market.html
Top Companies in Asia-Pacific Connected Logistics Market
- SAP SE
- American Telephone and Telegraph Inc. (AT&T)
- 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
Recent Developments in the Global Market
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.
Geographical Coverage -
The Asia-Pacific Connected Logistics Market spans across the following regions/countries:
- China
- Japan
- India
- South Korea
- South East Asia
- Australia
- New Zealand
- Rest of Asia-Pacific
Reasons to Buy the Asia-Pacific Connected Logistics Market Report :
The Asia-Pacific Connected Logistics Market research report offers unbiased and accurate insights into the ever-evolving industry landscape. It equips stakeholders with the necessary understanding of key trends shaping the market, enabling them to develop effective business strategies. This study serves as a valuable tool for gauging the market's growth potential and understanding the competitive landscape, aiding strategic investments.
In conclusion, the research report by MarkNtel Advisors presents a compelling and insightful analysis of the Asia-Pacific Connected Logistics Market. With its meticulous research methodology, comprehensive data representation, and in-depth examination of key market dynamics, the report serves as a valuable resource for industry stakeholders.
By providing a detailed overview of the market's historical performance and projecting its future growth, the report equips stakeholders with a solid foundation for decision-making. The comprehensive analysis of revenue generation across different geographical segments offers a nuanced understanding of market trends and consumer behaviours, enabling businesses to align their strategies accordingly.
The research report's credibility stems from the unbiased and accurate data gathered using robust analytical tools such as SWOT and PESTLE analysis. These methodologies ensure that the information presented is objective and reliable, and enable stakeholders to make well-informed decisions.
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Explore the Report's Framework: Get Oriented with the Table of Contents for a Clear Understanding
- Market Segmentation
- Introduction
- Executive Summary
- Market Porters Five Forces Analysis
- Market Technological Changes
- Market Trends & Insights
- Market Dynamics
In summary, the research report by MarkNtel Advisors offers an in-depth and comprehensive analysis of the Asia-Pacific Connected Logistics Market. By providing valuable insights into market dynamics, trends, and competitive landscape, the report empowers stakeholders to make informed decisions, seize opportunities, and stay ahead in this dynamic industry.
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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