What is Smart Warehouse?

A smart warehouse refers to an advanced storage facility equipped with technologies like IoT, automation, and data analytics to optimize operational processes, enhance efficiency, and improve overall warehouse management.

How big is the smart warehousing market?

The Global Smart Warehousing Market size is expected to be worth around USD 78.6 Billion by 2033 , from USD 20.3 Billion in 2023 , growing at a CAGR of 14.5% during the forecast period from 2024 to 2033.

Who are the key players in smart warehousing market?

The major market players includes Honeywell International Inc., Siemens, Zebra Technologies Corporation, IBM Corporation, Oracle Corporation, SAP SE, KION Group AG, Cognex Corporation, ABB Ltd., Tecsys Inc., Manhattan Associates, PSI Logistics, Reply, Other key players

Which region accounted for the largest smart warehousing market share?

North America dominated the market for smart warehousing and accounted for the largest revenue share (31.5% in 2023).

What factors are driving the growth of the Smart Warehousing Market?

The market is propelled by the increasing adoption of automation, a demand for real-time tracking in supply chains, and a focus on cost reduction and operational efficiency in warehouse management.

Global Smart Warehousing Market By Component (Hardware, Software, Services), By Deployment (Cloud, On-Premises), By Technology (IoT, Robotics and Automation, AI and Analytics, Networking and Communication, AR and VR, Others), By Application (Inventory Management, Order Fulfillment, Asset Tracking, Others), By Warehouse Size (Small, Medium, Large), By Vertical (Retail & E-commerce, Manufacturing, Transportation & Logistics, Food & Beverages, Healthcare, Energy and Utilities, Agriculture, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2024-2033

Published date: July 2024
Report ID: 113020
Number of Pages: 363
Format:

- Honeywell International Inc.
- Siemens
- Zebra Technologies Corporation
- IBM Corporation
- Oracle Corporation
- SAP SE
- KION Group AG
- Cognex Corporation
- ABB Ltd.
- Tecsys, Inc.
- Manhattan Associates
- PSI Logistics
- Reply
- Other key players