IoT Spend by Logistics Industry Market

logistics industry’s global IoT spending is expected to reach US$114.7 billion by 2032, driven by manufacturers and other market drivers.

The market for IoT spending in the logistics sector is expected to reach US$ 39.6 billion by 2022 from an anticipated US$ 35.2 billion in 2021. Over the projected period from 2022 to 2032, the market is predicted to grow at a compound annual growth rate (CAGR) of 11.2%, reaching US$ 114.7 billion by that time. Industries …

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