Smart Warehousing Market Size and Share 2022 Industry Analysis by Future and Growth Forecast to 2028

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Smart Warehousing Market size is projected to reach USD 29.70 Billion by 2028 from an estimated USD 14.90 Billion in 2021, growing at a CAGR of 10.4% globally.

The latest in warehouse automation is warehouse intelligence (in other words, the automation of various components of your warehouse operations). A smart warehouse, like a smart home, is equipped with various automated and networked technologies. These technologies work together to increase warehouse productivity and efficiency while reducing errors and the number of human workers. Smart storage solutions are designed to give companies real-time visibility into their operations, allowing them to streamline procedures and make quick adjustments to increase efficiency. Smart warehouses can also eliminate most human errors and improve facility security. Overall, the key benefits of a smart warehouse are its ability to save time and money, improve profitability, and improve customer happiness.

The smart storage market is projected to expand thanks to the advent of multi-channel distribution networks coupled with globalization and the dynamic nature of supply chain networks around the world. Smart warehouse refers to a huge building where the storage of manufactured goods and raw materials takes place. Smart warehouse technology uses computers and machines to perform regular warehouse operations that were previously performed by humans.

Key Prominent Players In The Smart Warehousing Market:

·         IBM (US)

·         Oracle (US)

·         SAP (Germany)

·         EasyEcom (India)

·         Manhattan Associates (US)

·         PSI Logistics (Germany)

·         PTC (US)

·         Tecsys (Canada)

·         Reply (Italy)

·         Infor (US)

·         Korber (Germany)

·         Softeon (US)

·         Generic (France)

·         Microlistics (Australia)

·         Blue Yonder (US)

·         Vinculum (India)

·         IAM Robotics (US)

·         Epicor (US)

·         3PL Central (US)

·         BlueJay Solutions (US)

·         Mantis (US)

·         Synergy Logistics (US)

·         WareIQ (India)

·         Foysonis (US)

·         Increff (India)

·         Locus Robotics (US)

·         ShipHero (US)

·         Orderhive US)

·         Unicommerce (India)

·         Logiwa (US) and other major players.

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Market segmentation

The analysts in this study have segmented the global Smart Warehousing market based on several major parameters including component, application, technology, mode of deployment, organization size, vertical, and region. Based on the component, the market is categorized into solutions, services, and hardware.

 

By Component         

·         Hardware

·         Solutions

·         Services

By Technology          

·         IoT & Analytics

·         RFID

·         AI

·         AGV

By Application          

·         Inventory Management

·         Transport Management

·         Shipping Management

·         Order Management

·         Others

By Verticals  

·         Energy & Utilities

·         Transportation & Logistics

·         Retail & Ecommerce

·         Agriculture

·         Others

By Region     

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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An upcoming research report by Introspective Market Research (IMR) offers a comprehensive assessment of the major factors influencing the growth of the global Smart Storage market. This document provides an in-depth assessment of several key elements such as trends, drivers, restraints, growth opportunities, and challenges in the market. Thus, the study functions as a trusted source of top-tier insights on the global smart storage market.

Impact of COVID-19 on the Smart Warehousing market

The COVID-19 pandemic caused a severe impact on numerous industries around the world. The government of several countries imposed confinement to stop the containment of the new coronavirus. Under these blockades, the supply of various goods and services was hampered. Global supply chains have been disrupted by the COVID-19 pandemic, which has outpaced and affected both supply and demand at a faster rate. COVID-19, on the other hand, may also have a long-term impact on the smart warehousing market.

Key Benefits of the Global Smart Storage Industry Report-

·         The Global Smart Storage industry report covers an in-depth forecast and historical analysis.

·         Global Smart Storage industry research report provides detailed information on market introduction, market summary, global market revenue (revenue USD), market drivers, market restraints, Smart Storage companies, market opportunities, competitive analysis , and regional and national.

·         The global smart storage industry report helps to identify opportunities in the market.

·         Global Smart Storage Market report covers extensive analysis of the emerging trends and competitive landscape.

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