Global Smart Warehousing Market 2024-2028
The smart warehousing market is forecasted to grow by USD 13697.7 mn during 2023-2028, accelerating at a CAGR of 12.57% during the forecast period. The report on the smart warehousing 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 growing e-commerce globally, rising demand for automation and robotics in warehouses, and growing focus on increasing sustainability in warehousing.
Technavio's smart warehousing market is segmented as below:
- By Deployment
- Cloud-based
- On-premises
- By Component
- Hardware
- Software
- Services
- By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increasing number of new product launches as one of the prime reasons driving the smart warehousing market growth during the next few years. Also, rising focus on warehouse 4.0 for a more efficient and safer warehousing and growing adoption of cloud-based warehouse management systems will lead to sizable demand in the market.
The report on the smart warehousing market covers the following areas:
- Smart warehousing market sizing
- Smart warehousing market forecast
- Smart warehousing 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 smart warehousing market vendors that include Edgewise Technologies Pvt. Ltd., Epicor Software Corp., Foysonis LLC, IAM Robotics, Infor Inc., International Business Machines Corp., Koch Industries Inc., Koerber AG, Locus Robotics Corp., Manhattan Associates Inc., Oracle Corp., Panasonic Holdings Corp., PTC Inc., SAP SE, ShipHero LLC Inc., Snapdeal Ltd., Softeon, Synergy Logistics Ltd., Tecsys Inc., and Vinculum Solutions Pvt. Ltd.. Also, the smart warehousing 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 primary and secondary research. 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 accurate market growth.