Global Smart Warehousing Market Size & Outlook, 2023-2030
Global smart warehousing market, 2017-2030 (US$M)
Related Markets
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 |
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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
- Software
- Services
- Global Smart Warehousing Deployment Outlook (Revenue, USD Million, 2017-2030)
- Cloud
- On-Premises
- Global Smart Warehousing Technology Outlook (Revenue, USD Million, 2017-2030)
- IoT
- Robotics and Automation
- AI and Analytics
- Networking and Communication
- AR and VR
- Others
- Global Smart Warehousing Application Outlook (Revenue, USD Million, 2017-2030)
- Inventory Management
- Order Fulfillment
- Asset Tracking
- Predictive Analytics
- Others
- Global Smart Warehousing Warehouse Size Outlook (Revenue, USD Million, 2017-2030)
- Small
- Medium
- Large
- Global Smart Warehousing Vertical Outlook (Revenue, USD Million, 2017-2030)
- Transportation & Logistics
- Retail & E-commerce
- Manufacturing
- Healthcare
- Energy and Utilities
- Automotive
- Food & Beverages
- Others
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Target buyers of Global smart warehousing market databook
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Our clientele includes a mix of smart warehousing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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$M)
Global smart warehousing market share, by component, 2023 & 2030 (%, US$M)
Smart warehousing market: Opportunity assessment by country
Global smart warehousing market, by region, 2023 (US$M)
Related industry reports
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