Market Forecast By Software (Asset Management, Remote asset tracking, Predictive asset management and monitoring, Warehouse IoT, Warehouse management system, Warehouse control system, Building Automation system), By Service (Professional Service, Consulting service, Integration and deployment, Support and maintenance, Managed Service), By Platform (Device Management, Application Management, Connectivity Management), By Transportation Mode (Roadway, Railway, Airway, Seaway), By Verticals (Retail, Manufacturing, Oil & Energy and Gas, Pharmaceuticals and Healthcare, Telecom and IT, Automotive, Aerospace and Defense, Food and Beverage) And Competitive Landscape
Product Code: ETC4427245 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | India Connected Logistics Market |
Forecast period | 2025-2031 |
CAGR | 5.8% |
Growing Sector | Retail |
The India Connected Logistics Market Report thoroughly covers the market by software, service, platform transportation mode, and verticals. The India Connected Logistics Market Outlook report provides an unbiased and detailed analysis of the ongoing India Connected Logistics Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The India connected logistics market is expected to grow during the forecast period. The market is primarily driven by factors such as government initiatives for digitization of logistics, increasing adoption of Internet of Things (IoT) in supply chain management, and the emergence of new technologies such as blockchain and artificial intelligence.
According to 6Wresearch, the India Connected Logistics Market size is anticipated to rise at a CAGR of 5.8% during 2025-2031. One of the major drivers for the growth of India Connected Logistics market is the rising demand for real-time tracking and monitoring solutions. With the rise in e-commerce and online shopping, the need for efficient delivery and tracking of goods has increased. This has led to the adoption of technologies such as GPS, RFID, and IoT in the logistics industry. Additionally, the government's initiatives such as 'Digital India' and 'Make in India' have also played a crucial role in boosting India connected logistics market growth. These initiatives aim to promote the use of technology and digitization in various industries, including logistics.
However, some challenges need to be addressed for the continued growth of India Connected Logistics market. One of the major challenges is the high initial investment required for implementing advanced technologies in the logistics operations. This can be a barrier for small and medium-sized enterprises, hindering their adoption of connected logistics solutions.
Some key players in the Indian connected logistics market include Blue Dart Express Ltd., Delhivery Pvt. Ltd., and Mahindra Logistics Ltd. These companies offer a range of services such as transportation, warehousing, and inventory management using innovative technologies like IoT, big data analytics, and cloud computing.
The Indian government has also taken initiatives to promote the adoption of connected logistics solutions in the country. The National Logistics Policy 2019 aims to create an integrated platform for multi-modal transportation and improve logistics efficiency. Furthermore, the implementation of GST has streamlined the supply chain process, resulting in reduced transit times and costs. These initiatives are expected to drive the growth of the connected logistics market in India.
Indian connected logistics market is expected to witness significant growth due to increasing investments in technology infrastructure and government initiatives towards digitizing the logistics sector. With a large population and growing e-commerce industry, India presents a huge potential for connected logistics solutions to improve the efficiency and effectiveness of supply chain operations. Companies that can adapt to these changing market dynamics and offer innovative solutions will have a competitive advantage in this growing market.
According to Saurav, Senior Research Analyst, 6Wresearch, the key software segment driving growth in the India Connected Logistics market is Asset Management. This software helps companies track their assets in real-time, providing visibility and control over their inventory and equipment. With the increasing complexity of supply chain operations, asset management software has become an essential tool for businesses to optimize their logistics processes.
The retail sector in India is one of the fastest-growing segments in terms of connected logistics. The rise of e-commerce platforms has led to an increase in the demand for efficient logistics solutions. With the rapid growth of online shopping, retailers are now relying on innovative technology and data-driven strategies to optimize their supply chain and meet customer demands.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Connected Logistics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Connected Logistics Market Revenues & Volume, 2021 & 2031F |
3.3 India Connected Logistics Market - Industry Life Cycle |
3.4 India Connected Logistics Market - Porter's Five Forces |
3.5 India Connected Logistics Market Revenues & Volume Share, By Software, 2021 & 2031F |
3.6 India Connected Logistics Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 India Connected Logistics Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 India Connected Logistics Market Revenues & Volume Share, By Transportation Mode, 2021 & 2031F |
3.9 India Connected Logistics Market Revenues & Volume Share, By Verticals, 2021 & 2031F |
4 India Connected Logistics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Connected Logistics Market Trends |
6 India Connected Logistics Market, By Types |
6.1 India Connected Logistics Market, By Software |
6.1.1 Overview and Analysis |
6.1.2 India Connected Logistics Market Revenues & Volume, By Software, 2021 - 2031F |
6.1.3 India Connected Logistics Market Revenues & Volume, By Asset Management, 2021 - 2031F |
6.1.4 India Connected Logistics Market Revenues & Volume, By Remote asset tracking, 2021 - 2031F |
6.1.5 India Connected Logistics Market Revenues & Volume, By Predictive asset management and monitoring, 2021 - 2031F |
6.1.6 India Connected Logistics Market Revenues & Volume, By Warehouse IoT, 2021 - 2031F |
6.1.7 India Connected Logistics Market Revenues & Volume, By Warehouse management system, 2021 - 2031F |
6.1.8 India Connected Logistics Market Revenues & Volume, By Warehouse control system, 2021 - 2031F |
6.2 India Connected Logistics Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 India Connected Logistics Market Revenues & Volume, By Professional Service, 2021 - 2031F |
6.2.3 India Connected Logistics Market Revenues & Volume, By Consulting service, 2021 - 2031F |
6.2.4 India Connected Logistics Market Revenues & Volume, By Integration and deployment, 2021 - 2031F |
6.2.5 India Connected Logistics Market Revenues & Volume, By Support and maintenance, 2021 - 2031F |
6.2.6 India Connected Logistics Market Revenues & Volume, By Managed Service, 2021 - 2031F |
6.3 India Connected Logistics Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 India Connected Logistics Market Revenues & Volume, By Device Management, 2021 - 2031F |
6.3.3 India Connected Logistics Market Revenues & Volume, By Application Management, 2021 - 2031F |
6.3.4 India Connected Logistics Market Revenues & Volume, By Connectivity Management, 2021 - 2031F |
6.4 India Connected Logistics Market, By Transportation Mode |
6.4.1 Overview and Analysis |
6.4.2 India Connected Logistics Market Revenues & Volume, By Roadway, 2021 - 2031F |
6.4.3 India Connected Logistics Market Revenues & Volume, By Railway, 2021 - 2031F |
6.4.4 India Connected Logistics Market Revenues & Volume, By Airway, 2021 - 2031F |
6.4.5 India Connected Logistics Market Revenues & Volume, By Seaway, 2021 - 2031F |
6.5 India Connected Logistics Market, By Verticals |
6.5.1 Overview and Analysis |
6.5.2 India Connected Logistics Market Revenues & Volume, By Retail, 2021 - 2031F |
6.5.3 India Connected Logistics Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.5.4 India Connected Logistics Market Revenues & Volume, By Oil & Energy and Gas, 2021 - 2031F |
6.5.5 India Connected Logistics Market Revenues & Volume, By Pharmaceuticals and Healthcare, 2021 - 2031F |
6.5.6 India Connected Logistics Market Revenues & Volume, By Telecom and IT, 2021 - 2031F |
6.5.7 India Connected Logistics Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.5.8 India Connected Logistics Market Revenues & Volume, By Food and Beverage, 2021 - 2031F |
6.5.9 India Connected Logistics Market Revenues & Volume, By Food and Beverage, 2021 - 2031F |
7 India Connected Logistics Market Import-Export Trade Statistics |
7.1 India Connected Logistics Market Export to Major Countries |
7.2 India Connected Logistics Market Imports from Major Countries |
8 India Connected Logistics Market Key Performance Indicators |
9 India Connected Logistics Market - Opportunity Assessment |
9.1 India Connected Logistics Market Opportunity Assessment, By Software, 2021 & 2031F |
9.2 India Connected Logistics Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 India Connected Logistics Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 India Connected Logistics Market Opportunity Assessment, By Transportation Mode, 2021 & 2031F |
9.5 India Connected Logistics Market Opportunity Assessment, By Verticals, 2021 & 2031F |
10 India Connected Logistics Market - Competitive Landscape |
10.1 India Connected Logistics Market Revenue Share, By Companies, 2024 |
10.2 India Connected Logistics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |