Global AI in Logistics Market 2023-2029
The global AI in logistics market size is projected to grow by USD 71.4 billion from 2023 to 2029, registering a CAGR of 41.2 percent, according to the latest market data.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global AI in logistics market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the technology, application, end user, and region. The global market for AI in logistics can be segmented by technology: computer vision, context awareness computing, machine learning, warehouse management. The machine learning segment was the largest contributor to the global AI in logistics market in 2022. AI in logistics market is further segmented by application: self-driving vehicles and forklifts, planning and forecasting, machine and human collaboration, automation of ordering and processing, others. According to the research, the self-driving vehicles and forklifts segment had the largest share in the global AI in logistics market. Based on end user, the AI in logistics market is segmented into: automotive, food and beverages, healthcare, industrial, retail, others. The retail segment held the largest revenue share in 2022. On the basis of region, the AI in logistics market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Globally, North America made up the largest share of the AI in logistics market.
Market Segmentation
By technology: computer vision, context awareness computing, machine learning, warehouse management
By application: self-driving vehicles and forklifts, planning and forecasting, machine and human collaboration, automation of ordering and processing, others
By end user: automotive, food and beverages, healthcare, industrial, retail, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global AI in Logistics Market, including Alphabet Inc., Amazon.com, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Oracle Corporation, Yojee Limited, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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