Global Smart Warehousing Market Size & Outlook, 2023-2030

The global smart warehousing market size was estimated at USD 22,831.4 million in 2023 and is projected to reach USD 57,965.8 million by 2030, growing at a CAGR of 14.2% from 2024 to 2030.
Revenue, 2023 (US$M)
$22,831.4
Forecast, 2030 (US$M)
$57,965.8
CAGR, 2024 - 2030
14.2%
Report Coverage
Worldwide

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 2023USD 22,831.4 million
Market revenue in 2030USD 57,965.8 million
Growth rate14.2% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, 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 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.

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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)

Global smart warehousing market size, by regions, 2017-2030 (US$M)

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