The global logistics market size was valued at USD 11.26 Trillion in 2024. The industry is expected to grow at a CAGR of 6.30% during the forecast period of 2025-2034 to reach a valuation of USD 20.74 Trillion by 2034.

The global logistics market is a backbone of international trade and commerce, facilitating the movement of goods across countries and continents. Its significance lies in enabling supply chain efficiency, reducing delivery times, and lowering operational costs for businesses. As per the data by World Trade Organization (WTO), global merchandise trade volume grew 2.6% in 2024 and is expected to grow 3.3% in 2025. With globalisation and e-commerce growth, logistics has become essential for meeting consumer expectations of fast, reliable, and cost-effective delivery. This sector supports multiple industries, from manufacturing to retail, and directly influences economic development and competitiveness worldwide.

Additionally, investments in roads, railways, aviation, shipping, and inland waterways play a crucial role in boosting the demand of logistics market. In May 2025, in Africa, Ivory Coast's port operator is investing over €60 million to develop inland logistics hubs in regions like Ferkessedougou, Bouaké, and San Pedro. This initiative seeks to decentralize logistics operations, alleviate congestion at the Abidjan port, and strengthen the country's role as a regional transport hub for landlocked nations.

Governments all throughout the world are starting to impose emission limits, carbon taxes, and incentives for the adoption of environmentally friendly technologies. The Carbon Border Adjustment Mechanism (CBAM), which levies a carbon tax on imported commodities based on their carbon intensity, was put into place by the European Union in 2023. Other factors that are predicted to positively influence the logistics market revenue include constant technological advancements, the integration of biometrics, increasing international trade agreements, Bluetooth, driverless vehicle, GPS, and drone delivery.

The Freight and Logistics Market Report is Segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Wholesale and Retail Trade, and More), by Logistics Function (Courier, Express, and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services), and Geography (North America, Asia-Pacific, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2023, the global logistics market was worth more than *** trillion U.S. dollars. North America was the second largest region in that year, accounting for approximately *** trillion U.S. dollars. Logistics in Asia-Pacific With roughly *** trillion U.S. dollars in size, the logistics market in the Asia-Pacific region is the largest one globally. The Asia-Pacific region has the most postal offices in the world as well. The leading position of the region in the logistics industry could be explained mostly because of the importance of the region in supplying most of the necessary trade goods globally. Since it was highly cost-effective for western companies to start moving the entire production of goods to less-developed countries in Asia, most of the companies today have their entire facilities performing from Asian countries. The expansion of trade routes and the shift of industrial production towards Asian countries contributed to the logistic market’s development immensely. Yet, when one looks at the distribution of leading logistics firms by the origin of the country, the leading firms are non-Asian headquartered. Besides, the Asia Pacific region has the world’s largest ports which grow at a continuous rate. PSA International, Hutchison Port Holdings, China Cosco Shipping and China Merchants Ports are four major marine terminal operators from the region. PSA International Singapore-based marine terminal operator, PSA International was founded in 1964 and improved its global reach strategically since then. For instance, PSA International was the leading marine terminal operator globally in 2019. During that period, the company handled some **** million twenty-foot equivalent units (TEUs) during that period. The marine operator experienced a slump in its assets between 2009 and 2015. Yet, since 2016, the company recovered its level of assets held and by 2020 reaching its peak value of over **** billion Singapore dollars. On the other hand, the revenue generated by PSA International has not recovered its peak value from 2011. Between 2009 and 2020 fiscal years, PSA International’s revenue fluctuated around **** billion Singapore dollars, generating just over *** billion Singapore dollars in the fiscal year of 2020.

In 2023, the global logistics industry continued to recover from the COVID-19 pandemic hit with a market size of approximately **** trillion U.S dollars. By 2028, the logistics industry scale is projected to exceed ***** trillion U.S dollars.

[225+ Pages Report] The global logistics market size is expected to grow from USD 4.09 billion in 2022 to USD 12.09 billion by 2030, at a CAGR of 17.1% from 2023-2030

According to Cognitive Market Research, the global Integrated Logistics market size was USD 125142.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 16.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 50056.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 37542.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 28782.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.00% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6257.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2502.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.7% from 2024 to 2031.
The Roadway category is the fastest growing segment of the Integrated Logistics industry

Market Dynamics of Integrated Logistics Market

Key Drivers for Integrated Logistics Market

The emergence of a variety of technologies, including 5G, artificial intelligence, machine learning, and integrated logistics to Boost Market Growth: AI is actively involved in the development of self-driving or driverless cars, as well as the advancement of other technologies in the logistics supply chain, such as robotics, in order to enhance the overall transportation businesses/logistics industry. Additionally, AI is contributing to the improvement of safety environments for drivers and the optimization of vehicle maintenance and performance. Industry leaders, approximately 60-65%, anticipate that logistics, transportation, and supply chain will necessitate a profound transformation. This is due to the fact that an AI-enabled supply chain can significantly reduce operational costs. AI-enabled supply chain management can reduce logistics costs by 15%, inventory levels by 25%, and service levels by 65%.

Enhanced demand in the e-commerce sector and the integration of logistics management to achieve operational excellence to Drive Market Growth: The eCommerce and logistics sectors have experienced substantial growth as a result of the expanding online purchasing industry and technologically enabled logistics platforms. In recent years, there has been a significant increase in the number of online consumers, and it is anticipated that this number will increase by a factor of two in the years ahead. The global logistics sector's development is facilitated by the adoption of advanced technology that is based on data analytics, which enables to compare several airline shipping prices on one platform. It also enables the selection of the most cost-effective carrier partner based on a variety of key metrics, real-time monitoring, and cloud-calling for order confirmation. It is anticipated that the global logistics market will be driven by the growing e-commerce industry and the development and increased use of integrated logistics management platforms.

Key Restraints for Integrated Logistics Market

Uniform governance standards are absent in the fragmented logistics sector, will Limit Market Growth: The absence of governance is one of the most significant obstacles that stands in the way of the broad adoption of digital logistics. A uniform Internet of Things platform is required since the logistics sector is suffering from high levels of fragmentation. Businesses that deal in transportation and logistics all over the world are concentrating their efforts on improving the efficiency of their supply chains in order to maintain their profitability and viability. In order to minimize misunderstanding, it is vital to endeavor to maintain governance that is as uniform as feasible. When it comes to the logistics and supply chain system, a common standardized would make it simple and straightforward for any service provider to provide the majority of solutions in a single package.

Key Trends for Integrated Logistics Market

Embracing Green Logistics: The focus on sustainability is intensifying, as businesses allocate resources towards electric vehicles, ene...

The North America Freight and Logistics Market Report is Segmented by Logistics Function (Courier, Express, and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services), End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Wholesale and Retail Trade, and More), and Geography (United States, Canada, and More). The Market Forecasts are Provided in Terms of Value (USD).

The United States Freight and Logistics Market Report is Segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and Others) and by Logistics Function (Courier, Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services). The Market Forecasts are Provided in Terms of Value (USD).

Logistics Market Outlook

According to our latest research, the global logistics market size reached USD 10.7 trillion in 2024, reflecting robust activity across diverse service types and end-user sectors. The market is expected to grow at a CAGR of 5.6% from 2025 to 2033, reaching an estimated USD 17.4 trillion by 2033. This growth trajectory is primarily driven by the increasing globalization of trade, the rapid expansion of e-commerce, and the ongoing digital transformation of supply chain operations. As per our most recent analysis, the logistics industry is undergoing significant evolution, with technology adoption and sustainability initiatives acting as key accelerators for both efficiency and expansion.

A critical growth factor for the logistics market is the surging demand for integrated supply chain solutions, particularly in the context of rapid e-commerce growth and evolving consumer expectations. Retailers and manufacturers are increasingly seeking sophisticated logistics partners capable of providing end-to-end visibility, real-time tracking, and seamless last-mile delivery. The proliferation of omnichannel retailing has also necessitated more agile and responsive logistics strategies, compelling service providers to invest in advanced technologies like artificial intelligence, Internet of Things (IoT), and robotics. These innovations are enhancing operational efficiency, reducing delivery times, and improving customer satisfaction, thereby fueling market growth across all segments.

Another significant driver is the expanding network of global trade routes and the liberalization of cross-border commerce, which have collectively increased the volume and complexity of goods movement. The rise of free trade agreements, economic corridors, and special economic zones has facilitated easier access to international markets, prompting logistics providers to ramp up their infrastructure and service capabilities. Additionally, the growing trend of outsourcing logistics functions to third-party logistics (3PL) and fourth-party logistics (4PL) providers is helping businesses focus on their core competencies while benefiting from specialized expertise and scalable resources. This shift is particularly pronounced in sectors such as automotive, healthcare, and food & beverages, where timely and reliable delivery is mission-critical.

Sustainability and regulatory compliance are emerging as pivotal growth factors within the logistics market. Increasing environmental awareness and stringent government regulations are compelling companies to adopt greener practices, such as utilizing electric vehicles, optimizing route planning, and implementing eco-friendly packaging solutions. The adoption of sustainable logistics not only helps companies reduce their carbon footprint but also enhances their brand reputation and meets the evolving preferences of environmentally conscious consumers. In parallel, compliance with complex international trade regulations, customs requirements, and safety standards is driving investments in digital documentation, automated customs clearance, and risk management systems, further propelling market expansion.

Regionally, the Asia Pacific logistics market continues to dominate, accounting for the largest share of global revenues in 2024, followed by North America and Europe. The rapid industrialization, urbanization, and burgeoning middle-class population in countries like China, India, and Southeast Asia are driving unprecedented demand for logistics services. North America remains a major hub for technological innovation and logistics automation, while Europe is at the forefront of sustainable logistics practices. The Middle East & Africa and Latin America are also witnessing steady growth, supported by infrastructure investments and the expansion of international trade corridors. This regional diversity underscores the dynamic and multifaceted nature of the global logistics market.

Freight and Logistics play a pivotal role in shaping the dynamics of the global logistics market. As businesses continue to expand their operations across borders, the demand for efficient freight solutions has surged. This is particularly evident in the growing reliance on multimodal transportation, which combines various modes such as road, rail, and sea to optimize cost and t

In 2022, the global reverse logistics market was forecast to reach ***** billion U.S. dollars. By 2029, the reverse logistics market size is expected to exceed *** billion U.S. dollars.

Logistics Market valued at USD 11,234.4 Mn in 2025, is anticipated to reaching USD 23,642.0 Mn by 2032, with a steady annual growth rate of 11.2%.

The Brazil Freight and Logistics Market Report is Segmented by Logistics Function (Courier Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services) and by End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and Others). The Market Forecasts are Provided in Terms of Value (USD).

Global E-commerce Logistics Market was valued at USD 289.9 billion in 2024 and is expected to reach USD 1007.89 billion by 2030 with a CAGR of 22.89% during the forecast period.

Pages	184
Market Size	2024: USD 289.9 Billion
Forecast Market Size	2030: USD 1007.49 Billion
CAGR	2025-2030: 22.89%
Fastest Growing Segment	International
Largest Market	North America
Key Players	1. Aramex International 2. XPO Logistics Plc. 3. United Parcel Service, Inc. 4. Gati Limited 5. Kenco Group, Inc. 6. Clipper Logistics Plc. 7. Deutsche Post AG 8. Ceva Holdings LLC

Snapshot img

Logistics Market Size 2025-2029

The logistics market size is valued to increase by USD 368.4 billion, at a CAGR of 5.3% from 2024 to 2029. Growth of e-commerce industry will drive the logistics market.

Market Insights

APAC dominated the market and accounted for a 68% growth during the 2025-2029.
By End-user - Consumer goods segment was valued at USD 365.80 billion in 2023
By Mode Of Transportation - Roadways segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 43.57 billion 
Market Future Opportunities 2024: USD 368.40 billion
CAGR from 2024 to 2029 : 5.3%

Market Summary

The market plays a pivotal role in facilitating the seamless movement of goods and services from one location to another, underpinning the growth of various industries, particularly the burgeoning e-commerce sector. With the increasing popularity of online shopping and the rise of omnichannel fulfillment strategies, the importance of efficient and reliable logistics solutions has become more critical than ever. However, the market is not without its challenges. Supply chain disruptions, caused by factors such as geopolitical instability, natural disasters, and the ongoing COVID-19 pandemic, have tested the resilience of logistics networks worldwide. These disruptions have underscored the need for agile and adaptive logistics strategies that can mitigate risks and ensure business continuity. For instance, a global electronics manufacturer faced significant challenges in maintaining its supply chain during the early stages of the pandemic. By leveraging advanced logistics technologies, such as real-time tracking and predictive analytics, the company was able to reroute shipments and optimize inventory levels, minimizing the impact of disruptions on its operations. Despite these challenges, the market continues to evolve, driven by technological advancements and changing consumer expectations. The adoption of automation and robotics, the rise of last-mile delivery solutions, and the increasing use of data analytics to optimize supply chain operations are just a few trends shaping the future of logistics. As the world becomes more interconnected, the market will remain an essential enabler of global trade and economic growth.

What will be the size of the Logistics Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleThe market continues to evolve, with digital transformation and process automation shaping the industry's landscape. One significant trend is the integration of data analytics, enabling real-time tracking and predictive maintenance in various logistics operations. For instance, companies have reported a 25% increase in warehouse efficiency by implementing data-driven strategies. Compliance regulations remain a crucial consideration for businesses, with the need for adherence to evolving rules driving budgeting and product strategy decisions. Multimodal transport and integrated logistics solutions have emerged as essential components of a robust supply chain, allowing for more efficient and cost-effective transportation and delivery. Performance metrics such as order accuracy, on-time delivery, and customer satisfaction are vital indicators of a successful logistics operation. In the realm of e-commerce logistics, sustainability initiatives like reduced transportation costs and cold chain logistics have gained prominence, addressing both environmental concerns and consumer demands. In the complex world of logistics, risk management and intermodal transportation play pivotal roles. Real-time tracking and performance metrics enable proactive risk mitigation, while intermodal transportation offers flexibility and cost savings by combining multiple modes of transport. In conclusion, the market is characterized by continuous innovation and adaptation to meet the evolving needs of businesses and consumers. By embracing digital transformation, data analytics, and integrated logistics solutions, companies can optimize their operations, enhance customer satisfaction, and remain competitive in today's global marketplace.

Unpacking the Logistics Market Landscape

In the dynamic world of logistics, efficiency and optimization are key drivers for business success. Warehouse automation and inventory management systems have streamlined inbound logistics processes, reducing lead times by an average of 25%. Returns management has seen a similar improvement, with a 30% reduction in processing time and a 15% increase in compliance with regulatory requirements. Route optimization and carrier selection have led to significant cost savings, with an average of 10% reduction in transportation expenses. Logistics automation, including dock scheduling, yard management, and order processing, has enhanced supply chain visibility, ensur

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Warehousing And Distribution Logistics Market Size 2025-2029

The warehousing and distribution logistics market size is forecast to increase by USD 95.2 billion, at a CAGR of 7.1% between 2024 and 2029.

The market is experiencing significant growth, driven by the burgeoning e-commerce industry. With the increasing preference for online shopping, there is a surging demand for efficient and reliable warehousing and distribution solutions. On-time delivery and performance metrics are crucial for logistics management and fleet management, ensuring efficient and effective operations. Service providers are capitalizing on this trend by utilizing advanced IT potentials, such as automation and real-time tracking, to streamline operations and enhance customer satisfaction. However, despite these opportunities, challenges persist.
By adopting innovative technologies and best practices, they can improve efficiency, reduce waste, and stay competitive in this dynamic market. Overall, the market presents both opportunities and challenges for players, requiring strategic planning and adaptability to succeed. Value-added services, such as reverse logistics and returns management, are becoming increasingly important in today's market. Redundant procedures and high operational costs remain obstacles for market participants. To navigate these challenges, companies must focus on optimizing their processes and exploring cost-saving measures.

What will be the Size of the Warehousing And Distribution Logistics Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic market activities shaping the industry across various sectors. Warehouse security and space optimization remain key priorities, with the integration of Internet of Things (IoT) sensors enabling real-time monitoring and control. The ongoing adoption of technology, such as RFID tracking and conveyor systems, enhances order picking efficiency and inventory control. E-commerce logistics and fourth-party logistics (4PL) are driving the need for supply chain visibility and real-time tracking, while emission reduction and KPI dashboards are essential for data analytics and cost optimization.

Transportation modes, including ocean freight, rail freight, truckload (TL), less-than-truckload (LTL), and intermodal transportation, are subject to safety regulations and continuous optimization. The integration of warehouse automation and pallet racking systems contributes to inventory management and demand forecasting, while route planning and order accuracy are essential for delivery optimization. The market's continuous dynamism is reflected in the evolving patterns of air freight, freight forwarding, and warehouse layout design. The focus on sustainability, such as carbon footprint and fuel efficiency, is a significant trend shaping the future of the market.

How is this Warehousing And Distribution Logistics Industry segmented?

The warehousing and distribution logistics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Business Segment

  Warehousing
  Distribution logistics
  Value added services


End-user

  Healthcare
  Manufacturing
  Aerospace
  Telecommunication
  Others


Type

  Storage
  Roadways distribution
  Seaways distribution
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Business Segment Insights

The warehousing segment is estimated to witness significant growth during the forecast period. Warehousing is an essential component of the supply chain for businesses dealing in tangible inventory. It involves storing goods in large quantities before distribution to retail customers or other businesses. Service providers are enhancing warehousing capabilities by focusing on capacity planning, efficient receiving of incoming shipments, improved inventory tracking, and innovative storage methods. Supply chain visibility and real-time tracking enable better management of market conditions and inventory rearrangement. Emission reduction is a priority, with the implementation of KPI dashboards, data analytics, and value-added services. RFID tracking, rail freight, and truckload transportation modes are increasingly utilized for cost optimization.

Safety regulations are strictly enforced for order fulfillment and inventory control. Delivery optimization is achieved through less-than-truckload and intermodal transportation. Warehouse automation incorporates conveyor systems, reach truc

Snapshot img

Road Logistics Market Size 2025-2029

The road logistics market size is forecast to increase by USD 749.1 billion, at a CAGR of 3.3% between 2024 and 2029.

The market is experiencing significant growth due to the increasing demand for green logistics solutions and the automation of same-day delivery processes. Companies are prioritizing sustainable practices to reduce their carbon footprint and meet customer expectations for eco-friendly transportation. This trend is particularly prominent in the e-commerce sector, where rapid delivery times are essential. Meanwhile, the pricing dynamics of Less-Than-Truckload (LTL) carriers pose a challenge for market participants. The volatility of fuel prices and increasing operational costs are causing LTL carriers to raise their rates, putting pressure on logistics providers to find cost-effective solutions. To navigate these challenges, logistics companies must focus on optimizing their operations through technology and process improvements. This could include implementing route optimization algorithms, investing in automation, and exploring alternative fuel options to reduce transportation costs and improve efficiency. By staying agile and responsive to market trends, companies can capitalize on the opportunities presented by the evolving road logistics landscape.

What will be the Size of the Road Logistics Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with dynamic market dynamics shaping its applications across various sectors. Carbon footprint and transportation costs remain significant factors, driving the need for sustainability initiatives and supply chain optimization. Specialized transportation, such as LTL (less-than-truckload) and FTL (full-truckload) shipping, adapts to meet the demands of diverse industries. Fuel surcharges and compliance regulations influence carrier selection and freight forwarding decisions, while risk management and shipment tracking are essential for ensuring on-time delivery and maintaining customer satisfaction. The shortage of equipment and driver retention pose challenges, necessitating fleet management and route optimization strategies. Technological advancements, including GPS tracking, autonomous vehicles, data analytics, RFID technology, and digital freight matching, revolutionize the industry, enhancing freight visibility and enabling real-time delivery scheduling. Cold chain logistics and warehouse automation cater to specific requirements, while network planning and capacity planning ensure efficient operations. Emission reduction and alternative fuels, such as electric vehicles, are gaining traction, reflecting the industry's commitment to sustainability. Performance measurement, contract negotiation, and insurance costs are crucial elements of logistics management. Temperature monitoring, inventory management, and load planning are essential for maintaining product quality and customer trust. In the ever-changing landscape of road logistics, market activities unfold continuously, with evolving patterns shaping the future of the industry. The integration of predictive modeling, blockchain technology, and e-commerce logistics further underscores the market's dynamic nature.

How is this Road Logistics Industry segmented?

The road logistics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationDomesticInternationalTypeTruckloadLess than truckloadParcelSame dayEnd-userManufacturingRetailAutomotiveHealthcareOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACAustraliaChinaIndiaJapanRest of World (ROW)

By Application Insights

The domestic segment is estimated to witness significant growth during the forecast period.The market experiences significant developments in 2024, with the domestic segment leading the way due to cost-effectiveness and operational efficiency. Amidst escalating fuel prices and inflation, governments respond by implementing Value-Added Tax (VAT) reductions to alleviate financial burdens. In the courier, parcel, and express sectors, competition intensifies, compelling companies to innovate. To enhance efficiency, they adopt advanced automation in same-day delivery services and invest in digital solutions for freight optimization. The e-commerce sector's growth continues to fuel demand for road logistics, particularly for last-mile deliveries. Major players focus on digital freight matching, real-time tracking, and predictive modeling to streamline operations. Safety regulations, inventory management, load planning, and compliance with labor laws remain essential considerations. Sustainabi

The global sales of connected logistics are worth USD 29.73 billion in 2025 and are anticipated to reach a value of USD 97.39 billion by 2035. Sales are projected to rise at a CAGR of 12.6% over the forecast period between 2025 and 2035.

Attributes	Key Insights
Estimated Size, 2025	USD 29.73 billion
Projected Size, 2035	USD 97.39 billion
Value-based CAGR (2025 to 2035)	12.6%

Semi Annual Market Update

Particular	Value CAGR
H1, (2024 to 2034)	11.3%
H2, (2024 to 2034)	11.8%
H1, (2025 to 2035)	12.6%
H2, (2025 to 2035)	12.9%

Connected Logistics Market Analyzed by Top Investment Segments

Component	Share (2025)
Devices	38.6%

Transportation	CAGR (2025 to 2035)
Connected Logistics for Roadways	12.9%

Vertical	CAGR (2025 to 2035)
Healthcare	14.0%

Country-wise Insights

Country	Value CAGR (2025 to 2035)
USA	10.5%
Germany	11.2%
UK	9.8%
China	12.9%
India	13.2%

Demand for intelligent logistics is higher than ever before as businesses acknowledge its various benefits. The global smart logistics market is valued at US$ 32.35 billion and is forecasted to expand rapidly at a CAGR of 22.8% to reach a whopping US$ 251.26 billion by 2034-end.

Report Attributes	Details
Smart Logistics Market Size (2024E)	US$ 32.35 Billion
Forecasted Market Value (2034F)	US$ 251.26 Billion
Global Market Growth Rate (2024 to 2034)	22.8% CAGR
Canada Market Growth Rate (2024 to 2034)	23.7% CAGR
China Market Value (2034F)	US$ 44.87 Billion
North America Market Share (2024E)	37.5%
East Asia Market Share (2034F)	24.1%
Key Companies Profiled	Oracle Corporation IBM Corporation Advantech Corporation Digilogistics Technology Ltd Cisco Systems Arkessa Orbcomm Inc.

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 8.4 Billion
Growth Rate (2024 to 2034)	23.3% CAGR
Projected Value (2034F)	US$ 68 Billion

Attribute	China
Market Value (2024E)	US$ 5.62 Billion
Growth Rate (2024 to 2034)	23.1% CAGR
Projected Value (2034F)	US$ 44.87 Billion

Category-wise Evaluation

Attribute	Infrastructure
Segment Value (2024E)	US$ 7.67 Billion
Growth Rate (2024 to 2034)	21.6% CAGR
Projected Value (2034F)	US$ 61.05 Billion

Attribute	Software
Segment Value (2024E)	US$ 13.33 Billion
Growth Rate (2024 to 2034)	21.9% CAGR
Projected Value (2034F)	US$ 99.75 Billion

Snapshot img

Project Logistics Market Size 2025-2029

The project logistics market size is forecast to increase by USD 51.7 billion at a CAGR of 3.4% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The increase in the number of construction activities worldwide is driving market demand, as these projects require the transportation and installation of large and heavy equipment. Another trend is the digitization of logistics, which is improving efficiency and reducing costs through the use of technologies such as real-time tracking and automation. Additionally, trends such as driverless vehicles, e-commerce, blockchains, and investment pockets in emerging economies are shaping the logistics ecosystem. However, high investments and operational costs remain challenges for market participants. To mitigate these challenges, companies are exploring innovative solutions such as collaborative logistics and outsourcing to third-party providers. Overall, the market is expected to continue growing, driven by these trends and the need for efficient and cost-effective transportation and installation solutions.

What will be the Size of the Project Logistics Market During the Forecast Period?

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The market encompasses the planning, organization, managing, processing, and controlling of the flow of goods, materials, information, and cargo in the context of large-scale projects, particularly those involving international trade and renewable energy production. Key trends include the adoption of modularization and offsite construction methods, the increasing use of ISO containers for transporting and storing goods, and the integration of technology such as driverless cars and blockchains into logistics ecosystems. Service offerings in this market cater to various industries, including construction companies and production facilities, by managing domestic and overseas logistics costs, ensuring efficient supply chain operations, and providing specialized expertise in handling raw materials and intermediate suppliers.
The market's size and direction reflect the growing demand for complex project logistics solutions in the context of globalization and the shift toward sustainable energy sources.

How is this Project Logistics Industry segmented and which is the largest segment?

The project logistics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Service

  Transportation
  Warehousing
  Others


End-user

  Oil and gas/mining/quarrying
  Construction
  Energy and power
  Others


Mode Of Transportation

  Road
  Rail
  Sea
  Air


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK
    Italy


  Middle East and Africa



  South America

By Service Insights

The transportation segment is estimated to witness significant growth during the forecast period.

The transportation segment holds the largest share in the market, as it is a crucial service offering. Major players in this industry provide customized and specialized transportation solutions tailored to each project or customer's unique requirements. These comprehensive transportation packages ensure timely delivery of shipments, regardless of size. DHL International, a subsidiary of Deutsche Post AG, is an exemplary market participant offering industrial project transportation services, capable of transporting massive shipments weighing up to 1,000 tons across borders or to inaccessible locations. The market caters to various industries, including construction, production, and renewable energy, by managing the flow of goods, materials, information, cargo, and personnel.

Market solutions encompass infrastructure development, organization, planning, scheduling, controlling, and processing. Upgraded fleets, industry-specific services, and competitiveness are key drivers for growth in this sector. Despite domestic and overseas logistics costs, project logistics plays a vital role in job creation and impact analysis, requiring significant initial capital investment.

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The Transportation segment was valued at USD 113.40 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 41% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market size of various regions, Request Free Sample

The market in APAC is projected to lead the global market due to

The Indonesia Freight and Logistics Market Report is Segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and Others), Logistics Function (Courier, Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services). The Market Forecasts are Provided in Terms of Value (USD).