Smart Warehouse Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Date : November 2024

Smart Warehouse Market Size Analysis and Top Companies

The global smart warehouse market size is estimated to hit around USD 86.36 billion by 2033 increasing from USD 22.85 billion in 2023, with a CAGR of 14.22%. The top companies in the smart warehouse market are Honeywell International Inc., Siemens, Zebra Technologies Corporation, IBM Corporation, Oracle Corporation, SAP SE, KION Group AG, Cognex Corporation, ABB Ltd., Tecsys, Inc., Manhattan Associates, PSI Logistics, and Others.

Market Report Coverage

Report Attributes Details
Market Size by 2033 USD 86.36 Billion
Market Size in 2023 USD 22.85 Billion
Market Growth Rate from 2023 to 2033 CAGR of 14.22%
Largest Market North America
Base Year 2023
Forecast Period 2023 to 2033
Segments Covered Component, Deployment, Technology, Application, Warehouse, Vertical, and Regions
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa

Smart Warehouse Market Key Players

Smart Warehouse Key Players

  • Honeywell International Inc.
  • Siemens
  • Zebra Technologies Corporation
  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • KION Group AG
  • Cognex Corporation
  • ABB Ltd.
  • Tecsys, Inc.
  • Manhattan Associates
  • PSI Logistics

Recent Developments

  • In June 2024, Chhattisgarh Medical Services Corporation Limited successfully implemented a GPS-based tracking system for medicine storage and delivery, enhancing supply chain efficiencies. The system supports tracking and monitoring of shipments in real-time from warehouses to healthcare providers.
  • In April 2024, Amazon Australia announced the development of two new super-scale robotics-led centers, with the company investing $490 million into the project. The 685,000-square-foot warehouses will reportedly rely on robot workers to assist human workers and automate order fulfillment tasks.

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