Report

Global Smart Warehouse Technologies Market Size study, by Solution (Hardware, Software, Services by end use industries (Transportation and Logistics, Retail and e-commerce, Manufacturing and Assembly, Agriculture, Others) and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Smart Warehouse Technologies Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. A smart warehouse is enabled with automated and interconnected technologies to increase productivity and efficiency of the warehouse, minimizing the number of human workers while decreasing errors warehouse uses various technologies like IoT and Connected Softwares. Growing IoT technology industry and rising e-commerce sector are key drivers for the growth of Smart Warehouse Technologies market. For instance, according to World Economic Forum's State of the Connected World 2020 Edition, Dec 2020 report- Global IoT spending growing 8.2% year over year and reached to USD 742 billion in 2020 and as per projections, global IoT spending will return to double-digit growth rates in 2021 and achieve a compound annual growth rate (CAGR) of 11.3% over the 2020-2024 forecast period. Also, with the increasing technological advancements in various industries and surging cross border e-commerce, the adoption & demand for Smart Warehouse Technologies is likely to increase the market growth during the forecast period. However, high initial investment required for Smart Warehouse Technologies and slow adoption rate from small players impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Smart Warehouse Technologies market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing technological advancements and presence of leading market players in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as increasing penetration of e-commerce in emerging countries in the region would create lucrative growth prospects for the Smart Warehouse Technologies market across Asia-Pacific region.

Major market player included in this report are:

Eurotech S.P.A.

IBM

Software AG

Tecsys, Inc.

Zebra Technologies

Argos Software

GT Nexus

Omnitracs LLC

SecureRF Corporation

UltraShip TMS

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Solution:

Hardware

Software

Services

By End Use Industries:

Transportation and Logistics

Retail and e-commerce

Manufacturing and Assembly

Agriculture

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Smart Warehouse Technologies Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors