IoT in Warehouse Market Size, Share, Competitive Analysis, Research Methodology, Rapid Growth and Fast Forward Research till 2030
The global IoT in warehouse market is anticipated to exhibit a strong 21.21% CAGR over the forecast period from 2019 to 2025, according to the latest research report from Market Research Future (MRFR). The global IoT in warehouse market is expected to exhibit steady growth over the forecast period due to the expanding demand for higher efficiency and safety in warehouses across various sectors. The report provides a comprehensive overview of the global IoT in warehouse market to enlighten readers on every aspect of the market. The major drivers and restraints affecting the global IoT in warehouse market are profiled in detail in the report, giving readers a clear overview of the major factors affecting the global market. Major players in the global IoT in warehouse market are too profiled in the report in order to familiarize readers with the competitive landscape of the global market. The impact of the COVID-19 pandemic on the global IoT in warehouse market is also examined in the report
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Segmental
Analysis
The segmental insight
into the IoT in warehouse market contains segments on the basis of solution,
device, industry and region. On the basis of the solution, the IoT in warehouse
market consists of electronic data interchange, inventory management, workforce
management, and others such as automation and telematics. On the basis of
device, the IoT in warehouse market contains of networking and gateways,
sensing devices, and others. Based on the industry, the IoT in warehouse market
consists of electrical & electronics, automotive, food & beverage,
retail & logistics, healthcare, and others. Based on the regions, the IoT
in warehouse market contain North America, Europe, Asia-Pacific, and the rest
of the regions.
Regional
Analysis
The regional
assessment of the IoT in Warehouse Market encompasses regions such as North
America, Europe, Asia-Pacific, and the rest of the world. The North American
region controls the principal market share in 2018, with a market worth of USD
2,598.75 Million. The North American regional market is projected to record a
CAGR of 20.58% in the forecast period. The significant growth was seen in the
region in the market owing to the primary adoption of technology, the
extraordinary level of skilled proficiency, robust cloud infrastructure, and
the incidence of merchants. The Asia Pacific region is likely to list the
uppermost CAGR of 23.06% in the forecast period. The collective nature of
strategic partnerships and partnerships across the industry and enormous
investments by the local e-commerce sector is promoting the IoT in warehouse
market.
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Competitive
Analysis
Leading players in the
global IoT in warehouse market include Infor Inc., Zebra Technologies, Eurotech
SpA, Oracle Corporation, PTC Inc., Intel Corporation, Cisco Systems Inc., HCL
Technologies Ltd., UltraShipTMS, TECSYS Inc., Software AG, Omnitracs LLC, and IBM
Corporation.
In March 2019,
Omnitracs, LLC acquired Blue Dot Solutions, a provider of cloud-based workflow
software platform solutions and applications for the transportation industry.
This acquisition has led the company to improve its productivity and enhance
its workflow.
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