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

The Future Market Insights estimates that the IoT spend by logistics market size is estimated to be at US$ 50.26 million in 2024, and the IoT integration in logistics operations is anticipated to reach US$ 189.62 million by 2034. This projection highlights the rapid maturation of IoT in the logistics sector. The Internet of Things …