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Connected Logistics Market Estimated to Reach $52.32 Billion by 2029, Expanding at a CAGR of 12.9% | Major Drivers, Segments, and Competitive Outlook

8 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Connected Logistics Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Are the Key Forecast Insights for the Connected Logistics Market Growth?

The market size of the Connected Logistics Global Market Report 2025 has seen a swift rise. The market, which was at $28.33 billion in 2024, is anticipated to reach $32.19 billion in 2025, with a compound annual growth rate (CAGR) of 13.6%.

What Is the Predicted Industry Size and CAGR of the Connected Logistics Market in 2029?

By the year 2029, the connected logistics market is anticipated to reach $52.32 billion, increasing at a compound annual growth rate (CAGR) of 12.9%.

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Which Factors Are Driving Growth in the Connected Logistics Market?

The key drivers in the connected logistics market are:

• Adoption of blockchain technology in logistics
• Proliferation of autonomous vehicles within the sector
• Increasing focus on sustainability in logistics
• Rise of predictive analytics in logistics and expansion of smart cities

Which Segment Trends Are Covered in the Connected Logistics Market Forecast?

The connected logistics market covered in this report is segmented –
1) By Component: Hardware, Solutions, Services
2) By Transportation: Roadways, Railways, Airways, Maritime
3) By Application: Inventory Tracking, Optimized Warehousing, Real-Time Fleet Management, Predictive Maintenance, Cargo Integrity Monitoring, End-To-End Delivery Tracking, Other Applications
4) By End-Use Industries: Automotive, Healthcare And Pharmaceuticals, Oil And Gas, Food And Beverage, Aerospace And Defense, Manufacturing, Information Technology (IT) And Telecommunication, Retail And E-Commerce, Other End-Use Industries

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What Are the Current Market Trends in the Connected Logistics Industry?

The key trends in the connected logistics market are:

• Blockchain technology adoption is shaping the future of the connected logistics market.
• Autonomous vehicles' proliferation is a significant emerging trend.
• Predictive analytics are increasingly influencing the market.
• Enhanced cybersecurity measures are a growing trend.

Who are the Key Companies in the Connected Logistics Market?

Major players in the connected logistics market are:

• Microsoft Corporation
• AT&T Inc.
• DHL International GmbH
• Robert Bosch GmbH
• FedEx Corporation
• Huawei Technologies
• Amazon Web Services
• Siemens
• Intel Corporation
• Accenture
• International Business Machines Corporation
• Cisco System Inc.
• Oracle Corporation
• Honeywell International Inc.
• SAP SE
• TATA Consulting Services Ltd.
• NEC Corporation
• Nippon Express Co. Ltd.
• Infosys Limited
• HCL Technology Limited
• Xpo Logistics Inc.
• Hexagon AB
• Senko Group Holdings Co., Ltd.
• Yusen Logistics Co. Ltd.
• Trimble
• Orbcomm
• Eurotech Group
• Freightgate Inc.

What are the Regional Trends Across the Connected Logistics Market?

North America was the largest region in the connected logistics market in 2024

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