Smart Warehouse Market Outlook & Forecast Report 2025-2030, with Profiles of Honeywell, IBM, Oracle, Armstrong, Daifuku, Manhattan, Infor, Korber, Blue Yonder, Epicor and more - ResearchAndMarkets.com

The "Smart Warehouse Market - Outlook & Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.

The Smart Warehouse Market was valued at USD 28 Billion in 2024, and is projected to reach USD 45.53 Billion by 2030, rising at a CAGR of 8.44%.

The major players in this global smart warehousing market are Honeywell International, IBM, Oracle, Armstrong, and Daifuku Coo. Ltd, Manhattan, Infor, Korber, Blue Yonder, Epicor, and others. Companies in the smart warehousing market use a variety of strategies to maintain a competitive edge, including product launches, acquisitions, and research and development (R&D) activities as it allows businesses to expand their technological capabilities and market reach by integrating complementary technologies or acquiring key players in the automation and robotics sectors. Additionally, continuous investment in R&D activities helps companies innovate and develop advanced solutions, ensuring they remain at the lead and meet the growing demand for smarter, more efficient warehousing operations.

MARKET TRENDS & DRIVERS

Advanced Inventory Management

The demand for smart warehouses is surging due to the adoption of advanced inventory management technologies like AI, IoT, and RFID. These innovations allow real-time visibility into stock levels, enabling businesses to optimize storage, reduce inventory errors, and ensure timely replenishment. Moreover, predictive analytics with AI integration helps companies forecast demand more accurately, reducing stockouts and excess inventory. Additionally, IoT-enabled devices improve communication between warehouse systems, ensuring smooth operations and better coordination, especially in high-demand sectors such as e-commerce, retail, and manufacturing.

Expanding Automation in Supply Chain

Technologies such as robotics, automated guided vehicles (AGVs), and automated storage and retrieval systems (AS/RS) are increasingly being adopted to enhance warehouse efficiency. These solutions reduce the dependence on manual labor, lower operational costs, and speed up processes like picking, packing, and sorting. As businesses face rising customer expectations for faster deliveries, automation ensures scalability and consistency, enabling warehouses to handle higher volumes with precision. The growing emphasis on seamless order fulfillment in industries like logistics and e-commerce is further driving the demand for automated smart warehouse solutions.

MARKET RESTRAINTS

High Initial Cost

The global smart warehouse market is s significantly hindered by the high initial costs associated with digitalization. Implementing automation systems requires substantial capital investment in advanced equipment, software, and solutions, making it a financial challenge for many organizations. Smaller enterprises, in particular, struggle to afford these costs, leading to slow adoption. Resistance to change and reliance on traditional, intuition-driven methods further worsens the issue, limiting the widespread implementation of smart warehousing solutions and restraining market growth.

GEOGRAPHICAL ANALYSIS

In 2024, North America held a dominant share of around 35% in the global smart warehousing market. The U.S. has made substantial investments in automation and robotics technologies, positioning itself as a leader in the adoption of smart warehousing solutions. The smart warehouse market growth is further fueled by the presence of major players like Amazon, Walmart, and FedEx, alongside government policies that support automation and technological innovation, accelerating the market's expansion in the region.

Europe is also experiencing steady growth in the global smart warehousing market, driven by advancements in automation and robotics technologies. Countries like Germany, the U.K., and France are increasingly adopting smart warehousing solutions to meet the growing demand for more efficient logistics and inventory management systems. European governments and the EU are actively promoting digital transformation in supply chains through funding and initiatives, encouraging the adoption of smart warehouses to enhance competitiveness and technological innovation. Additionally, the APAC region is expected to witness the fastest growth of 9.63% in the smart warehouse market during the forecast period. The rapid adoption of IoT, AI, and robotics in countries such as China, India, and Japan, coupled with the rising demand for efficient logistics solutions, is fueling the region's swift market expansion.

The expanding e-commerce market in Latin America, fueled by increasing internet penetration and mobile usage, is driving the smart warehousing market to support faster and more efficient last-mile delivery solutions. Also, rising foreign direct investments and regional government initiatives aimed at improving logistics and transportation infrastructure are encouraging the adoption of advanced warehouse solutions, particularly in markets like Brazil, Mexico, and Chile.

Furthermore, the growing e-commerce market, particularly in Gulf Cooperation Council (GCC) countries, is driving the smart warehouse market to support efficient inventory management, faster delivery, and enhanced order fulfillment capabilities. Also, significant investments in logistics infrastructure, such as ports and free trade zones in countries like the UAE and Saudi Arabia, are creating opportunities for advanced warehousing solutions to streamline regional and international trade.

VENDORS LANDSCAPE

Recent Developments in the Global Smart Warehousing Market

  • In 2023, Infor revealed that Zofri implemented the Infor WMS warehouse management system to improve customer service, a key performance indicator in the supply chain. The cloud-based Infor WMS solution, powered by Amazon Web Services (AWS), is deployed with the support of Cerca Technology, Infor's partner in Latin America.
  • In May 2023, Manhattan Associates announced its re-imagined Manhattan Active Yard Management solution to expand the company's vision of a unified supply chain.
  • In 2023, Zebra Technologies revealed an advanced AI-powered warehouse management solution that provides real-time data analytics, predictive maintenance, and enhanced visibility for warehouse operations, helping businesses improve operational performance and reduce costs.

Key Company Profiles

  • Honeywell International Inc
  • Zebra Technologies Corporation
  • International Business Machine Corporation (IBM)
  • Oracle
  • Daifuku Co., Ltd.

Other Prominent Vendors

  • Armstrong
  • Smart Warehousing
  • EasyEcom
  • Epicor Software Corporation
  • Foysonis
  • Generix Group
  • Increff
  • Infor
  • Kardex
  • Korber AG
  • Locus Robotics
  • Manhattan Associates
  • PTC
  • Blue Yonder Group
  • SAP
  • XPO
  • Synergy Logistics
  • OPEX Corporation
  • Siemens
  • LogistiX

Key Attributes:

Report Attribute Details
No. of Pages 427
Forecast Period 2024 - 2030
Estimated Market Value (USD) in 2024 $28 Billion
Forecasted Market Value (USD) by 2030 $45.53 Billion
Compound Annual Growth Rate 8.4%
Regions Covered Global

Key Topics Covered:

Introduction

  • Strategic Development
  • Traditional vs Smart Warehouse
  • Advantages of Smart Warehouse
    • Increased Operational Efficiency
    • Enhanced Inventory Management
    • Improved Order Fulfillment
    • Optimal Space Utilization
    • Energy Efficiency
  • Benefits of Cloud Computing for Warehousing & Logistics
    • Improvement in Efficiency
    • Extensively Boosts the Scalability
    • Cost-Effective Solution
  • Sustainability and Energy Efficiency Initiatives
    • Reduction in Energy Consumption Through Smart Technologies
    • Automation and Robotics for Resource Optimization
    • Eco-Friendly Building Designs and Materials
  • Challenges Associated with Implementation of Smart Warehouses
    • Cost
    • Integration Complexity
    • Workforce Transition & Training
    • Data Management & Security
    • Infrastructure & Connectivity
    • Scalability & Flexibility
  • Rising Consumption of Frozen Food

Market Opportunities & Trends

  • Growing E-Commerce Industry
  • Expansion of Cold Chain Logistics
  • Emerging Advancements in Smart Warehousing Technology

Market Growth Enablers

  • Advanced Inventory Management
  • Surging Government Support & Incentives
  • Expanding Automation in Supply Chain Management

Market Restraints

  • High Initial Cost
  • Data Security & Privacy Concerns
  • Integration Complexity

Segmentation by End-Users

  • Transport & Logistics
  • Retail & E-commerce
  • Food & Beverages
  • Healthcare
  • Automotive
  • Other Applications

Segmentation by Application

  • Order Fulfillment
  • Inventory Management
  • Asset Tracking
  • Predictive Analytics
  • Other Applications

Segmentation by Technology

  • IoT
  • Automation & Robotics
  • AI & Analytics
  • Networking & Communications
  • AR & VR
  • Other Technologies

Segmentation by Deployment

  • On-premises
  • Cloud

Segmentation by Type

  • Private
  • Public

Segmentation by Components

  • Hardware
  • Software
  • Services

Segmentation by Hardware

  • Sensors & Detectors
  • Automation Devices
  • Storage & Retrieval Systems
  • Other Hardware

Segmentation by Software

  • Warehouse Management Systems
  • Inventory Management Systems
  • Order Management Solutions
  • Other Software

Segmentation by Geography

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The U.K.
    • France
    • Italy
    • Spain
    • Sweden
  • APAC
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Chile
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Turkey

For more information about this report visit https://www.researchandmarkets.com/r/2lmdfq

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