Canada among key markets in booming high-tech logistics sector

The global high-tech logistics market, valued at US$50.2 billion in 2024, is expected to nearly double to US$96.1 billion by 2030, growing at a compound annual rate of 11.5 per cent, according to a new market report.

The rapid expansion of e-commerce, demand for supply chain transparency and advancements in artificial intelligence (AI), Internet of Things (IoT) and blockchain are driving growth in the sector. These technologies are improving real-time tracking, predictive maintenance and inventory management while reducing operational costs and carbon footprints.

“The rise of online shopping has placed immense pressure on logistics providers to deliver faster and more efficiently,” the report states, highlighting the adoption of automation and robotics in warehousing and last-mile delivery solutions such as drones and autonomous vehicles.

Health care, automotive and retail industries are among those investing in high-tech logistics to manage complex supply chains. Governments worldwide, including in Canada, are also supporting industry growth through infrastructure investments.

The U.S. market was valued at US$13.7 billion in 2024, while China is projected to grow at 15.5 per cent annually, reaching US$20 billion by 2030. Other key regions driving growth include Japan, Germany and the Asia-Pacific.