IOT in Logistics Market: Comprehensive Study Explores Huge Growth in Future: Cisco, KaaloT Tech, LLC, Octonion, Honeywell, Novire Tech

Edison, NJ -- (SBWire) -- 03/05/2019 --The logistics industry is trying to form a completely digital, flexible, and connected supply chain which is optimized for e-commerce applications. With the deployment of advanced technology, digitalization has witnessed rising adoption across the transportation and logistics industry. Internet of things (IOT) in logistics is integrated hardware that connects all smart devices such as sensors, vehicles, and equipment. It provides operational efficiency, fleet management, automated warehouse operations. IOT saves all the data which is generated by operations and logistic Industry. This data is later analyzed to improve safety, security, and productivity. IOT in logistics is a multibillion-dollar market.

This market research report looks into and analyzes the Global IOT in Logistics Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.

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Major Key Players in This Report Include,
Cisco Sys Inc. (United States), KaaloT Tech (United States), LLC (United States), Octonion SA (Europe), Honeywell International Inc. (United ,States), Novire Tech (India), Intel Corp (United States), Microsoft Corp (United States), SAP SE (Germany), International Business machine (IBM) ,Corp. (United States), Google Inc. (United States), Amazon web services Inc. (United States), PTC Inc. (United States)

Logistics companies invest in automation to increase efficiency, speed, and optimization & timing of the services, thus increasing revenue and customer satisfaction. From a range of rapid high-tech evolutions and in a progressively digital environment where automationis affecting the entire industry, most of the board members of transport & logistics companies appreciate IoT solutions (tooptimize production,engage with customers, and operations) as key areas ofinvestment.

IoT in Logistics Market has been segmented on the basis of software, hardware, organization size, application, and region. In terms of software, the market has been classified into traffic and fleet management, resource and energy monitoring, safety and security, and others. The hardware segment has been categorized into RFID tags, beacon, screen/display, and others. Organization size segment has been divided into small-mid-sized organizations and large sized organizations. Application segment has been classified into fleet, warehouse, freight, and yard/ dock. Regional segmentation comprises North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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The Global IOT in Logistics Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.

Table of Content
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Increase in demand for smarter chain operations.
3.3. Market Challenges
3.3.1. Reliably knowing who is available on site
3.3.2. Time and attendance fraud by contractors
3.4. Market Trends
3.4.1. The adoption of IOT in logistics has been adopted by countries like North America and Europe due to increase in automation and reduction of cost in logistic Industry followed by APAC countries which is an attractive region due to increase use of electronic gadgets, smart devices.
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global IOT in Logistics, by Type, Application, Solutions and Region (value) (2013-2018)

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