Across industries, different trends and technologies are on the rise while others decline. In this Trend Evolution report, you can explore how the popularity of six logistics trends changed since 2005. And, more importantly, you get to discover which technology trends to focus on to bring your innovation agenda forward.
Logistics Trend Evolution Map 2005-2020
Below, you can see the Trend Evolution Map, highlighting the relative popularity of six logistics industry trends from 2005 to 2020. The data behind this research comes from the StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally.
Get insights into which logistics industry trends to invest in – whether that is the Internet of Things (IoT), robotics, artificial intelligence (AI), data analytics, or autonomous vehicles. Additionally, we introduce you to 5 trending logistics startups developing innovative solutions for these trends.
5 Logistics Trends to Look Forward to
As ecommerce continues to grow, startups and scaleups of all sizes need to ship products around the world. This introduces challenges of both complexity and scale that supply chains around the world are adapting to. Logistics and supply chain startups are working on IoT-based solutions that improve supply chain visibility and traceability. This transition to closely monitored supply chains is also facilitated by AI. The proportion of artificial intelligence startups in the industry has more than doubled. Machine learning and deep learning algorithms empower logistics companies to predict demand and manage fleets.
As more orders than ever before are shipped, the industry produces increasingly large amounts of data. Data analytics startups leverage this to improve efficiency in operations both inside and outside the warehouse. These include procurement and sourcing, warehouse management, and route planning, as well as for deciding where to open the next warehouse. As warehouses become larger, startups also need to develop solutions that work alongside human workers to increase productivity. Robotics is a major driver, with over a third of startups in the industry working on warehouse automation. Autonomous vehicles, including mobile robots and automated guided vehicles, boost intralogistics, and improve worker safety.
5 Trending Logistics Startups
Internet of Things – BOX ID Systems
BOX ID Systems is a German startup that offers an end-to-end location solution. The startup’s IoT-based software platform enables complete tracking of logistics assets throughout the industrial supply chain.
Robotics – IQ Fulfillment
The UAE-based startup IQ Fulfillment develops a robotics powered warehousing solution. The startup’s advanced robotics solution enables intelligent picking and sorting, dimension, weighing, and scanning (DWS), and automated labeling.
Artificial Intelligence – DeepQuanty
DeepQuanty is an Indian startup that leverages machine learning for process automation. DataFinder-CCY, the startup’s AI-enabled solution, grabs images of incoming and outgoing tanks and containers and analyzes them to optimize lifecycle management and costs.
Data Analytics – CognitOps
The US-based startup CognitOps uses data analytics to help supply chain operators manage buildings better. CognitOps Execute, the startup’s analytics platform, provides operators valuable insights to better manage inventory, optimize labor, and schedule equipment.
Autonomous Vehicles – Tractonomy
Tractonomy is a Belgian startup that develops autonomous vehicles for intralogistics. The startup’s flexible towing robots provide handling of standard carts and fast pick-up and drop off even on busy work floors, as well as energy savings compared to carrying robots.
Discover the Entire Logistics Trend Landscape
As consumers demand faster deliveries, logistics startups are heavily investing in last-mile delivery solutions. Due to concerns about authenticity and ethics, logistics startups and scaleups are employing blockchain for end-to-end traceability, freight tracking, and authenticity verification. Additionally, logistics and supply chain startups are working on solutions that address the specific needs of the pharma supply chain, enable warehouse dimensioning, reduce carbon emissions, among others.
These technologies present just a snapshot of the logistics industry – with many more industry trends to be explored. When you are looking for an overview of all emerging trends and technologies for your innovation units, R&D, or product development department, we give you the most exhaustive analysis and ensure to keep you up-to-date on the latest technology and emerging solutions – quickly and exhaustively.