Quadintel has recently released a survey report focusing on the worldwide IoT in Warehouse Management Market. The study provides significant insights into growth strategies, prospects for business expansion, emerging trends and innovations, as well as the competitive landscape for the year 2023. Furthermore, the report includes a regional analysis encompassing North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
Global IoT in Warehouse Management Market to reach USD 8.57 billion by 2027. Global IoT in Warehouse Management Market is valued approximately USD 3.22 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 15 % over the forecast period 2021-2027.
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IoT in Warehouse Management refers to use of applications and tracking solution to enhance overall efficiency of warehouse and transportation. Implementation of the Internet of Things (IoT) in warehousing is substantial. It provides visibility into the supply chain from the ordering of materials till the shipment reaches the end customer. Growing demand for application of connected devices in warehouse management and growing logistics and transportation market are the key drivers for growth of IoT application in warehouse Management. As per Statista In 2020, the global logistics market was worth almost USD 8.6 trillion with USD 3.9 trillion in size, the logistics market in the Asia Pacific region is the largest globally and North America was the second largest region in that year, accounting for approximately USD two trillion. Also, increasing application of IoT in Warehouse Management is likely to increase the market growth during the forecast period. However, high installation and maintenance costs impede the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global IoT in Warehouse Management 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 growing penetration of automation. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as rising Logistics and transportation market, growing demand for connected devices would create lucrative growth prospects for the IoT in Warehouse Management market across Asia-Pacific region.
Key Companies Covered in the IoT in Warehouse Management Market Research are Omnitracs LLC. IBM Corporation, Software AG, Cisco Systems Inc., UltraShipTMS, TECSYS Inc., HCL Technologies Limited, Intel Corporation, PTC Incorporation, Eurotech SpA, Oracle Corporation and other key market players.
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.
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The detailed segments and sub-segment of the market are explained below:
By Solutions:
Warehouse automation
Workforce management
Inventory management
Electronic data interchange (EDI)
Tracking
By Device:
Sensing devices
Gateways
By Service:
User-Based Insurance
3PL
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
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Core Chapters:
Chapter 1: Introduction: This chapter outlines the scope of the report and provides an executive summary of the different market segments, including the market size, future development potential, and evolution of the market in the short to mid-term and long term.
Chapter 2: Competitive Landscape: Here, we conduct a detailed analysis of the competitive landscape of market manufacturers, including price, output, and revenue market share, latest development plans, mergers, and acquisition information.
Chapter 3: Production and Value Analysis: This chapter provides a quantitative analysis of the production/output and value of market by region/country, identifying the market size and development potential of each region in the next six years.
Chapter 4: Consumption Analysis: We analyze the consumption of market in different regions and countries, introducing the market development, future prospects, market space, and capacity of each country in the world.
Chapter 5: Product Segment Analysis: This chapter provides an analysis of various market segments according to product type, covering the market size and development potential of each market segment.
Chapter 6: Application Segment Analysis: We analyze various market segments according to application, covering the market size and development potential of each market segment.
Chapter 7: Company Profiles: This chapter provides detailed profiles of key players in the market, including product production/output, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Industrial Chain Analysis: Here, we analyze the industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales Channel Analysis: We analyze the sales channel, distributors, and customers in this chapter.
Chapter 10: Market Dynamics Analysis: This chapter introduces the market dynamics, latest developments, driving factors, restrictive factors, challenges, and risks faced by manufacturers in the industry, along with an analysis of relevant policies.
Chapter 11: Production and Supply Forecast: We provide a production and supply forecast for the global and regional market.
Chapter 12: Consumption and Demand Forecast: This chapter provides a consumption and demand forecast for the global and regional market.
Chapter 13: Type and Application Forecast: We provide a quantitative analysis of the market size and development potential of each market segment in the next six years.
Chapter 14: Conclusion: Finally, we present the main points and conclusions of the report, providing readers with a comprehensive understanding of the market and its potential growth prospects.
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