Global Connected Logistics Market: Key Highlights
Global Connected Logistics Market: Key Market Dynamics
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Global Connected Logistics Market: Regional Overview
The North America regional is had projected that the tremendous growth with the rising developed technological infrastructure. Whereas, with the rising of new smart building solution with new technologies such as IoT, big data, cloud computing and artificial intelligence, will play as a key factor for market growth in the region. However, the penetration of Wi-Fi, enhanced internet platform, as well as the smart city initiatives, will fuel the market growth.
Hence, these trend will lead to enhance the growth of the market in the forecast period.
The Asia-Pacific is projected of play a leading role for the growth and developments of the market in the forecast period. Whereas, the rising in the technology, increasing the use of sensors, expected to boost the market growth. Also, growing in adoption in new emerging technologies such as AI, machine learning and IoT and initiative taken by the government may lead to create a major impact for the growth of the market.
Hence, the rapid growing information and communications technology platform in the countries such as China and India, lead to fuel the growth of the market in the forecast period.
Global Connected Logistics Market: Key Players Overview
IBM is a leading of cloud platform and cognitive solutions company. Also, the company offers application, technology consulting and support, process design and operations, cloud, as well as network services. Whereas, the company helps to enhance the travel business with the scalable, dependable networks to boost the operations and support innovative. In 2018, the IBM and Maersk has announced the creation of TradeLens, the combine developed by the two companies to apply blockchain to the world's global supply chain. This will result a blockchain-enabled shipping solution which designed to promote more efficient and secure global trade, bringing together various parties to support information sharing and transparency, and spur industry-wide innovation.
Telefonaktiebolaget L M Ericsson, commonly known as Ericsson, which is a multinational networking and telecommunications company. Whereas, the company develops and manufactures network equipment and software and services for network and business operations. In 2018, the Ericsson and China Mobile signed a Strategic Cooperation Framework Agreement to build on Ericsson leadership in IoT Connectivity Management. This will focus IoT Connectivity as well as the IoT Ecosystems including manufacturing, health, and intelligent transport.
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