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The increasing adoption of wearable devices will be one of the major IoT market in warehouse management drivers. Wearable devices provide increased assistance in gathering information about the employees in real-time. Wearable devices can constantly keep track of a worker’s physical condition through his pulse rate, movement, body temperature, and hydration level. The information collected from the wearable device can be utilized to ensure employee safety that reduces the loss to be experienced by the company lessening the expenses treatment of an injured employee. The global IoT market in warehouse management report predicts the market to grow at a CAGR of more than 30% by 2021.
In terms of geographic regions, the Americas will be the major revenue contributor of the IoT market in warehouse management throughout the forecast period. The growth of the industrial sector, rising usage of consumer durables, and increased adoption of the automated warehouse management in the automotive industry will drive the growth of the market in the region.
The IoT market in warehouse management comprises of key players distinguishing themselves in terms of services they offer during the installation and repairing or replacement. The entry of software companies partnering with component providers is likely to increase during the forecast period. Also, the vendor product differentiation will increase in 2021.
Accordign to the IoT market in warehouse management analysis, the leading vendors in the market are –
The other prominent vendors in the market are Oracle, HCL Technologies, Eurotech, GT Nexus, ThingWorx, and SAP.
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During 2016, the standalone warehouses segment accounted for the major shares of the IoT market in warehouse management. The rise in the number of fulfillment and distribution units and growth of the e-commerce sector will contribute to the growth of this industry segment in the coming years.
According to this market research report, the warehouse automation market segment will account for the maximum shares of the IoT market in warehouse management until 2021. The increased requirement to fasten up various processes and the need for using storage spaces in a warehouse will propel the IoT market in warehouse management by warehouse automation during the forecast period.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: MARKET SEGMENTATION BY END-USER
PART 08: REGIONAL LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: KEY VENDOR ANALYSIS
PART 14: APPENDIX
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