Global IoT Market in Warehouse Management 2017-2021

The infographic below contains key findings from our analysis of the IoT market in warehouse management

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Overview of the global IoT market in warehouse management

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.

Competitive landscape and key vendors  

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 –

• Cisco
• IBM
• Intel
• Vantiq
• Zebra Technologies

The other prominent vendors in the market are Oracle, HCL Technologies, Eurotech, GT Nexus, ThingWorx, and SAP.

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Segmentation by end-user and analysis of the IoT market in warehouse management

• Standalone warehouses
• Integrated warehouses

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.

Segmentation by application and analysis of the IoT market in warehouse management

• Warehouse automation
• Warehouse workforce management
• Warehouse inventory management
• Electronic data interchange

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.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global IoT market in warehouse management?
• What are the key market trends impacting the growth of the global IoT market in warehouse management?
• What are the challenges to market growth?
• Who are the key vendors in the global IoT market in warehouse management?
• What are the market opportunities and threats faced by the vendors in the global IoT market in warehouse management?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global IoT market in warehouse management?

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