Connected Logistics Market Size, Share, Growth, Trends, and Global Industry Analysis: Software Solution (Asset Management, Security, and More), By Product Type (Device Management, Application Management, and More), By Transportation Mode (Roadways, Railways, and More), By End-User Industry (Automotive, Manufacturing and More), By Service Type (Managed Services and More), and Region Forecast 2020-2031

Connected Logistics Market size was valued at US$ 18,200 million in 2024 and is expected to reach US$ 47,800 million by 2031, growing at a significant CAGR of 14.6% from 2025-2031. Moreover, the U.S. Connected Logistics Market is anticipated to grow significantly, reaching an estimated value of US$ 13,500 million by 2031. The market refers to the integration of advanced technologies such as IoT, cloud computing, AI, and big data analytics into logistics and supply chain operations to enable real-time data exchange, automation, and end-to-end visibility.

This market encompasses solutions that improve asset tracking, fleet management, warehouse automation, and predictive logistics, helping companies optimize efficiency, reduce costs, and enhance customer satisfaction. As global supply chains become more complex and demand for agile, resilient operations increases, connected logistics is evolving from a value-add to a strategic necessity, particularly in industries such as retail, manufacturing, automotive, and healthcare.

Facts & Figures

• More than 60% of logistics providers worldwide have already implemented or tested connected logistics solutions, moving from standalone tracking to joined-up real-time decision-making environments
• Internet-of-things shipments allegedly decrease cargo theft, damage, and delay by as much as 30%, making supply chains more secure and customers more satisfied
• Intelligent ports and Internet of Things-linked freight corridors in North America and Asia-Pacific are serving as pilot tests for mass-deployment of 5G-capable logistics platforms, AI, and telematics.
• Increasing inter-industry cooperation, particularly between logistics companies, government agencies, and tech firms, is driving the development of harmonized data-sharing practices and predictive logistics standards.4

Key Developments:

• In July 2025, Orion Innovation was noted by Forrester in its Q2 2025 "Connected Product Engineering Services" landscape as a nod to growing
• In June 2025, New Century Logistics (BVI) has sent a Letter of Intent to acquire the majority holding of Hong Kong-based Asiatic Logistics, aiming to deepen its footprint in Asia and build an integrated international network of logistics
• In June 2025, Capstone Partners reports mergers and acquisitions of logistics technology rose ~15% year-over-year, driven by distressed startups and investor renewed interest in operations efficiency
• In May 2025, WiseTech Global agreed to acquire connected supply-chain SaaS provider e2open in a cash deal worth $2.1?billion, increasing its global platform for logistics execution and visibility

Connected Logistics Market Segmentation:

Based on the software solution:

• Asset management
• Security
• Others

Asset management is the most significant sub-sector of software in networked logistics, with fleets, containers, and warehouse inventory being monitored in real-time, as well as being tracked for utilization. As logistics networks become larger and more diversified, intelligent asset control has become increasingly necessary, especially in industries that deal with high-value goods or operate on tight delivery schedules. Asset management software leverages IoT sensors and cloud-based analytics to track location, condition, and lifecycle status of equipment to minimize idle time, theft, and maintenance expense. Businesses are abandoning static inventory logs for dynamic, event-driven intelligence, delivering faster response to disruption. Its application is vital in enhancing operational continuity and maximizing ROI on geographically dispersed logistics assets.

Based on the product type:

• Device management
• Application Management
• Others

Device management has become the back-end foundation in connected logistics, allowing centralized control of the vast IoT sensor, RFID tag, GPS device, and telematics equipment universe. As connected logistics grow, so does the issue of heterogeneous hardware management across fleets, hubs, and border crossings. Device management software facilitates simple firmware updates, diagnostics, and security enforcement, freeing logistics providers from tedious manual intervention to ensure operational integrity. The ability to remotely monitor device health and manage thousands of endpoints is critical to supply chain continuity. This sub-segment is growing more critical not only for operational effectiveness but also to reduce compliance risk within regulated environments.

Based on the transportation mode:

• Railway
• Roadways
• Others

Roadways are leading the transportation mode segment in connected logistics largely because of the dominance of last-mile deliveries as well as inland freight shipments. Highest demand for real-time vehicle tracking, predictive maintenance, and dynamic route optimization is in this mode. As e-commerce and just-in-time delivery models pick up speed, road-based logistics became the proving ground for AI-driven telematics and 5G-based fleet intelligence platforms. Combined platforms allow logistics providers to track fuel efficiency, driver behavior, and cargo status in real time. The capacity to integrate route-level data with inventory and customer feedback loops positions roadways as the most utilized and the most innovation-driven mode of logistics

Based on the end user:

• Automotive
• Manufacturing
• Others

The automotive industry has led the way in the take-up of connected logistics, largely since it has sophisticated, globalized supply chains and a high level of susceptibility to delays. From procurement of raw materials to vehicle delivery, manufacturers depend on predictive visibility and choreographed inventory movement to reduce production downtime. Connected logistics solutions enable automotive components to incorporate just-in-sequence delivery systems, track parts in transit, and react to disruptions in real-time. With an industry where milliseconds equate to efficiency in assembly line workflows, connected logistics is not only an issue of cost savings but also a competitive imperative. The starting point digital maturity of the industry landscape positions it as the benchmark for smart logistics deployment.