Global Micro Fulfilment Market 2023-2027
The micro fulfilment market is forecasted to grow by USD 18756.21 million during 2022-2027, decelerating at a CAGR of 43.51% during the forecast period. The report on the micro fulfilment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for micro fulfillment due to urbanization, integration of micro fulfillment centers with advanced robotics, and strategic partnerships among micro fulfillment market vendors.
Technavio's micro fulfilment market is segmented as below:
- By Component
- Hardware
- Software
- Services
- By Type
- Store-integrated/In-store
- Standalone
- Dark stores
- By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the robust e-commerce growth boosting micro fulfillment market as one of the prime reasons driving the micro fulfilment market growth during the next few years. Also, automation in last-mile delivery and cost efficiency of micro fulfillment will lead to sizable demand in the market.
The report on the micro fulfilment market covers the following areas:
- Micro fulfilment market sizing
- Micro fulfilment market forecast
- Micro fulfilment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading micro fulfilment market vendors that include Attabotics, DAVINCI MICRO FULFILLMENT, Flowspace Inc., FORTNA Inc., Get Fabric Inc., Honeywell International Inc., KION GROUP AG, KPI Solutions, Logistech Solutions Pte. Ltd., Ocado Group Plc, OPEX Corp., PackageX Inc., Pacline Conveyors Inc., Redwood Logistics, Takeoff Technologies Inc., TGW LOGISTICS GROUP GmbH, Toyota Motor Corp., United Parcel Service Inc., Walmart Inc., and WareIQ Pvt. Ltd.. Also, the micro fulfilment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.