IoT Powered Logistics Market Size, Share, By Component [Software (Traffic and Fleet Management, Resource and Energy Monitoring, and Others), Hardware (RFID Tags, IoT Sensors, and Others)], Logistics Type (Freight Transportation, Warehousing, Last-Mile Delivery, and Others), Application (Inventory Control & Planning, Transportation Network Design, Demand Planning & Forecasting, Others), End User Industry (Retail, Manufacturing, Healthcare, Food & Beverage, and Others), and Region - Trends, Analysis, and Forecast till 2035

IoT powered logistics market size was valued at USD 47.7 Billion in 2025 and is expected to reach USD 91.1 Billion by 2035, growing at a CAGR of 7.4%.

IoT-powered logistics refers to the use of Internet of Things (IoT) technology, such as smart sensors, GPS, RFID tags, and connected devices, to track, monitor, and control the flow of goods in real-time throughout the supply chain.

The primary drivers of the current growth of the IoT-powered logistics market are the need to reduce operating costs through improved asset tracking and route optimization, the increasing demand for real-time supply chain visibility, and the increased pressure from e-commerce for faster and more reliable deliveries. Businesses are using IoT to improve customer satisfaction, decrease delays, and increase inventory accuracy in a market that is becoming more and more competitive.