Revenue, 2025
USD 33.01 Bn
Forecast Year, 2034
USD 91.47 Bn
CAGR, 2025 - 2034
11.90%
Report Coverage
Worldwide
The global connected logistics market, valued at USD 29.48B in 2024, is projected to reach USD 91.47B by 2034, growing at a robust CAGR of 11.9%, driven by digital supply chain integration, real-time tracking, and IoT adoption.
Connected Logistics Market Size Analysis
Connected Logistics Market Size By Component 2025 to 2034 (USD Billion)
| Component | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| Hardware | 5.48 | 6.15 | 6.87 | 7.75 | 8.66 | 9.74 | 10.77 | 12.21 | 13.65 | 15.26 |
| Software | 11.03 | 12.37 | 13.83 | 15.43 | 17.26 | 19.27 | 21.58 | 24.08 | 27.06 | 30.28 |
| Services | 16.50 | 18.42 | 20.63 | 23.07 | 25.83 | 28.91 | 32.47 | 36.23 | 40.44 | 45.26 |
Connected Logistics Market Size By Application 2025 to 2034 (USD Billion)
| Application | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| Inventory Tracking | 5.51 | 6.15 | 6.89 | 7.73 | 8.62 | 9.72 | 10.84 | 12.21 | 13.46 | 15.30 |
| Real-Time Fleet Management | 11.01 | 12.28 | 13.80 | 15.39 | 17.27 | 19.29 | 21.59 | 24.15 | 27.18 | 30.26 |
| Others | 16.49 | 18.50 | 20.64 | 23.13 | 25.87 | 28.90 | 32.38 | 36.16 | 40.51 | 45.24 |
Connected Logistics Market Size By Transportation Mode 2025 to 2034 (USD Billion)
| Transportation Mode | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| Roadways | 3.33 | 3.73 | 4.13 | 4.61 | 5.23 | 5.83 | 6.48 | 7.31 | 8.17 | 9.07 |
| Railways | 6.60 | 7.40 | 8.30 | 9.30 | 10.33 | 11.56 | 13.01 | 14.49 | 16.25 | 18.15 |
| Airways | 9.91 | 11.08 | 12.40 | 13.87 | 15.49 | 17.40 | 19.45 | 21.80 | 24.37 | 27.27 |
| Waterways | 13.16 | 14.73 | 16.51 | 18.47 | 20.70 | 23.13 | 25.86 | 28.92 | 32.37 | 36.32 |
Connected Logistics Market Size By Vertical 2025 to 2034 (USD Billion)
| Vertical | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| Retail & E-commerce | 1.19 | 1.32 | 1.50 | 1.67 | 1.86 | 2.10 | 2.35 | 2.61 | 2.95 | 3.29 |
| Automotive | 2.37 | 2.64 | 2.97 | 3.30 | 3.69 | 4.16 | 4.64 | 5.19 | 5.83 | 6.51 |
| Aerospace & Defence | 3.55 | 3.96 | 4.43 | 4.97 | 5.53 | 6.19 | 6.94 | 7.77 | 8.68 | 9.75 |
| Healthcare | 4.72 | 5.29 | 5.91 | 6.61 | 7.41 | 8.27 | 9.26 | 10.34 | 11.61 | 12.96 |
| Energy | 5.89 | 6.60 | 7.36 | 8.25 | 9.25 | 10.34 | 11.58 | 12.96 | 14.47 | 16.21 |
| Electronics & Semiconductors | 7.05 | 7.91 | 8.85 | 9.91 | 11.10 | 12.40 | 13.85 | 15.54 | 17.36 | 19.43 |
| Others | 8.24 | 9.22 | 10.31 | 11.54 | 12.92 | 14.45 | 16.19 | 18.11 | 20.24 | 22.67 |
Connected Logistics Market Size By Region 2025 to 2034 (USD Billion)
| Region | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3.35 | 3.74 | 4.14 | 4.65 | 5.19 | 5.86 | 6.46 | 7.32 | 8.16 | 9.09 |
| LAMEA | 6.62 | 7.37 | 8.31 | 9.25 | 10.31 | 11.59 | 13.00 | 14.54 | 16.24 | 18.16 |
| Europe | 9.85 | 11.06 | 12.38 | 13.89 | 15.56 | 17.37 | 19.44 | 21.73 | 24.32 | 27.32 |
| Asia-Pacific | 13.19 | 14.77 | 16.51 | 18.46 | 20.70 | 23.10 | 25.91 | 28.93 | 32.43 | 36.24 |
Connected Logistics Market Size to Hit USD 91.47 Billion by 2034
The global connected logistics market size accounted for USD 29.48 billion in 2024 and is predicted to touch around USD 91.47 billion by 2034 with a growing at a CAGR of 11.90%.
Proceed To Buy
Proceed To CheckoutMake Every Move Strategic. Get Insights, Fully Customized
- On-Demand Metrics & KPIs
- Industry-Specific Dashboards
- Quick Turnaround, No Compromises
Quick Contact
- NA : +1 804 441 9344
- APAC : +91 9356 9282 04
- EU : +44 7782 560 738
- sales@precedenceresearch.com