Europe Smart Warehousing Market Size & Outlook, 2023-2030

The smart warehousing market in Europe is expected to reach a projected revenue of US$ 16,549.4 million by 2030. A compound annual growth rate of 14.5% is expected of Europe smart warehousing market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,401.1
Forecast, 2030 (US$M)
$16,549.4
CAGR, 2024 - 2030
14.5%
Report Coverage
Europe

Europe smart warehousing market highlights

  • The Europe smart warehousing market generated a revenue of USD 6,401.1 million in 2023.
  • The market is expected to grow at a CAGR of 14.5% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, France is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 6,401.1 million
Market revenue in 2030USD 16,549.4 million
Growth rate14.5% (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
Key market players worldwideHoneywell International Inc, Siemens AG, Zebra Technologies Corp Class A, International Business Machines Corp, Oracle Corp, SAP SE, KION GROUP AG, Cognex Corp, ABB Ltd, Tecsys Inc, Manhattan Associates Inc, Reply SpA, PSI Logistics


Other key industry trends

  • In terms of revenue, Europe region accounted for 28.0% of the global smart warehousing market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 15,137.6 million by 2030.

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Smart Warehousing Market Companies

Name Profile # Employees HQ Website

Europe 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 49.71% in 2023. Horizon Databook has segmented the Europe smart warehousing market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe smart warehousing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe smart warehousing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe smart warehousing market size, by country, 2017-2030 (US$M)

Europe Smart Warehousing Market Outlook Share, 2023 & 2030 (US$M)

Europe smart warehousing market size, by country, 2017-2030 (US$M)

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