ResearchAndMarkets' latest Business Intelligence Report reveals that the global generative AI in logistics market is projected to grow from $1.3B in 2024 to $7.0B by 2030 at a 32.5% CAGR. The report details how predictive analytics, IoT integration, and AI-driven automation transform routing, warehouse operations, and customs workflows, enabling providers to reduce operational costs, enhance supply chain visibility, and personalize last-mile delivery services in key regional markets.
Key points
- Market projected to expand from $1.3B in 2024 to $7.0B by 2030 at a 32.5% CAGR
- AI-driven route optimization uses real-time traffic, weather, and fuel data to reduce transit times and emissions
- Predictive maintenance via IoT sensors and historical analytics minimizes equipment downtime and maintenance costs
Q&A
- What is generative AI in logistics?
- What drives the 32.5% CAGR in this market?
- How do AI-driven route optimization systems work?
- What role does IoT integration play in AI logistics?
