Saudi Arabia Smart Warehousing Market Size & Outlook
Saudi Arabia smart warehousing market, 2017-2030 (US$M)
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Saudi Arabia smart warehousing market highlights
- The Saudi Arabia smart warehousing market generated a revenue of USD 410.2 million in 2023 and is expected to reach USD 961.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 12.9% 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.
Smart warehousing market data book summary
| Market revenue in 2023 | USD 410.2 million |
| Market revenue in 2030 | USD 961.2 million |
| Growth rate | 12.9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Saudi Arabia accounted for 1.8% of the global smart warehousing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE smart warehousing market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 726.5 million by 2030.
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Smart Warehousing Market Scope
Smart Warehousing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 50.2% in 2023. Horizon Databook has segmented the Saudi Arabia 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 country-level data and insights on the Saudi Arabia smart warehousing market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia smart warehousing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia smart warehousing market size, by component, 2017-2030 (US$M)
Saudi Arabia Smart Warehousing Market Outlook Share, 2023 & 2030 (US$M)
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