Global Smart Warehousing Market Size & Outlook, 2023-2030
Global smart warehousing market, 2017-2030 (US$M)
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Global smart warehousing market highlights
- The global smart warehousing market generated a revenue of USD 22,831.4 million in 2023 and is expected to reach USD 57,965.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.2% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 11,414.0 million in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 22,831.4 million |
| Market revenue in 2030 | USD 57,965.8 million |
| Growth rate | 14.2% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 31.8% of the global smart warehousing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 2,259.7 million by 2030.
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Smart Warehousing Market Scope
Smart Warehousing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| PSI Logistics | View profile | 101-250 | Berlin, Berlin, Germany, Europe | http://www.psilogistics.com |
| Reply SpA | View profile | 15094 | Corso Francia, 110, Turin, Italy, 10143 | https://www.reply.com |
| Tecsys Inc | View profile | 745 | 1 Place Alexis Nihon, Suite 800, Montreal, QC, Canada, H3Z 3B8 | https://www.tecsys.com |
| Zebra Technologies Corp Class A | View profile | 9750 | 3 Overlook Point, Lincolnshire, IL, United States, 60069 | https://www.zebra.com |
| KION GROUP AG | View profile | 42325 | Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 | https://www.kiongroup.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Manhattan Associates Inc | View profile | 4700 | 2300 Windy Ridge Parkway, Tenth Floor, Atlanta, GA, United States, 30339 | https://www.manh.com |
| Cognex Corp | View profile | 2992 | One Vision Drive, Natick, MA, United States, 01760-2059 | https://www.cognex.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Global smart warehousing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart warehousing market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 49.99% in 2023. Horizon Databook has segmented the Global smart warehousing market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Smart Warehousing Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Services
- Software
- Global Smart Warehousing Deployment Outlook (Revenue, USD Million, 2017-2030)
- On-Premises
- Cloud
- Global Smart Warehousing Technology Outlook (Revenue, USD Million, 2017-2030)
- Robotics and Automation
- AR and VR
- AI and Analytics
- Networking and Communication
- Others
- IoT
- Global Smart Warehousing Application Outlook (Revenue, USD Million, 2017-2030)
- Predictive Analytics
- Inventory Management
- Order Fulfillment
- Asset Tracking
- Others
- Global Smart Warehousing Warehouse Size Outlook (Revenue, USD Million, 2017-2030)
- Medium
- Small
- Large
- Global Smart Warehousing Vertical Outlook (Revenue, USD Million, 2017-2030)
- Transportation & Logistics
- Manufacturing
- Energy and Utilities
- Others
- Retail & E-commerce
- Healthcare
- Automotive
- Food & Beverages
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart warehousing market , including forecasts for subscribers. This global databook contains high-level insights into Global smart warehousing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global smart warehousing market size, by regions, 2017-2030 (US$M)
Top 10 countries: Smart warehousing market size, 2023 (US$M)
Global smart warehousing market share, by deployment, 2023 & 2030 (%, US$M)
Smart warehousing market: Opportunity assessment by country
Global smart warehousing market, by region, 2023 (US$M)
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