The Asia Pacific connected logistics market is projected to exhibit a steady-paced growth with a CAGR of 19.42% during the forecasted period. The growing adoption of IoT solutions as a result of the increased penetration rate of the internet and the ever-widening market space for the logistics industry is aiding market growth.

The study of the market regions in the Asia Pacific is determined through China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. The logistics sectors in regions like China heavily influence economic gains. Although the logistics industry is prospering, in order to make the logistics solutions more efficient, technological advancements are already being put into use. The logistics performance in the countries like India has been top-notch, along with a substantial jump estimated in the e-commerce revenues. The growing e-commerce in the regions of Japan and South Korea, along with considerable investments, results in increased demands for connected logistics. In regions like Australia, the logistics and warehousing industries are estimated to prosper in terms of revenue, owing to the rise in the agricultural exports. Such regional trends are estimated to culminate in the overall growth of the market.

Infosys Limited is among the established players of the market. It is an IT company that provides software platform-based services, business consulting, etc. The company has its various applications in sectors like aerospace, automotive, retail, healthcare, education, etc. The company operates in regions, such as the Americas, the Middle East, Europe, the Asia Pacific, and Europe, and has its headquarters in Bangalore, Karnataka, India.

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