Smart logistics are an evolved form of logistics based on the use of IoT technology to gather, process, manage and analyze data to decide on the best course of action. The data is used to determine the most profitable or least costly method of transportation, delivery, packaging and loading.
Smart logistics has become a core industry in developed countries, and is one of the prime reasons why China is pursuing development of smart logistics. While 2016 was an important year for the Chinese logistics industry, when traditional logistics systems began the long transitional process of upgrading into their current forms, China’s smart logistics transformation has only just begun. The Chinese smart logistics industry reached a total size of CNY 250 billion in 2017, and is projected to reach a size of CNY 900 billion by the year 2024.
Spanning over 346 pages “Report on the Chinese Smart Logistics Market 2019” report covers 2018 Chinese logistics industry developments, Informatization of the Chinese logistics industry, Chinese smart logistics industry developments, Key global companies, Chinese logistics companies, 2019-2024 Chinese logistics industry development projections.
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