Report Summary
Location based services in the logistics industry is predominantly used for vehicle tracking and parcel tracking services. Global Positing Systems (GPS) are mainly used for these tracking purposes. With increasing cellular network, technologies like Wi-Fi and RFID are also gaining importance in the logistics industry. Overall the application of location based services in the logistics industry is expected to grow at a healthy rate.
With the change in technology and with increasing affordability of such systems, a large number of operators will find location based services aligned to their long term strategy.
Rising fuel costs have been driving vehicle tracking, which in turn is driving the location based services for logistics market. However accuracy and compatibility issues continue to be challenges to this market.
TechNavio’s “Global Market for Location Based Services in Logistics Industry 2010-2014” report has been prepared based on an in-depth study of the market along with inputs from industry experts.
The report contains market and vendor landscape supported by drivers, restraints and trends.
The report covers the location based services in logistics market at a global level. It also profiles leading vendors in this market.