North America Smart Warehousing Market Size & Outlook
North America smart warehousing market, 2017-2030 (US$M)
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North America smart warehousing market highlights
- The North America smart warehousing market generated a revenue of USD 7,271.2 million in 2023.
- The market is expected to grow at a CAGR of 13.9% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 7,271.2 million |
| Market revenue in 2030 | USD 18,089.2 million |
| Growth rate | 13.9% (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 |
| Key market players worldwide | Honeywell 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, North America region accounted for 31.8% 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 Scope
Smart Warehousing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 49.98% in 2023. Horizon Databook has segmented the North America 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 North America smart warehousing market , including forecasts for subscribers. This continent databook contains high-level insights into North America smart warehousing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America smart warehousing market size, by country, 2017-2030 (US$M)
North America Smart Warehousing Market Outlook Share, 2023 & 2030 (US$M)
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