The global smart warehousing market is anticipated to grow at a considerable CAGR of 12.3% during the forecast period. New technologies, such as artificial intelligence (AI) and the Internet-of-Things (IoT), are increasingly being used to develop new smart warehousing solutions that can improve the efficiency and accuracy of warehouse operations. Such factor is bolstering the market growth around the globe. AI can be used to analyze data from IoT sensors to predict when equipment is likely to fail. This allows businesses to proactively repair or replace equipment before it fails, which can help to reduce downtime and improve efficiency. Amazon is reportedly developing a new generation of AI-powered robots that can work alongside human workers in its warehouses. These robots are expected to be more intelligent and capable than Amazon's current robots, and they could help the company to further automate its warehouse operations. For recent in June, 2023 amazon announced that it has started using specialized robots in their inventories for improving their warehousing work while saving cost and time both. The company has deployed about 750, 000 robots for the smart work.
Browse the full report description of “Smart Warehousing Market Size, Share & Trends Analysis Report Market by Offering (Hardware, and Software & Services), by Technology (Artificial Intelligence (AI) and Analytics, Robotics and Automation, Internet-of-Things (IOT), and Others), by Application (Inventory management, Order management, Transportation management, Predictive analysis, and Others), and by Vertical (Retail & E-Commerce, Transportation & Logistics, Manufacturing, Food & Beverage, Healthcare, and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/smart-warehousing-market
Microsoft is developing new IoT-enabled sensors that can be used to track the location and movement of inventory in real time. This data can be used to improve inventory management, optimize picking and packing operations, and prevent theft. For recent , according to a news by Microsoft , in October 2022, the company applied a new feature of new feature of Microsoft Dynamics 365 Supply Chain Management, which helps the company in the maintenance of machinery as the data is being stored by the help of internet of things (iot).
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Offering
o By Technology
o By Application
o By Vertical
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes ABB Ltd., Honeywell International Inc., Rockwell Automation Inc., Schneider Electric, and Siemens AG among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Smart Warehousing Market Report Segment
By Offering
By Technology
By Application
By Vertical
Global Smart Warehousing Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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