Dublin, Jan. 31, 2025 (GLOBE NEWSWIRE) — The “Artificial Intelligence in Warehousing – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Artificial Intelligence in Warehousing was valued at US$11.4 Billion in 2024 and is projected to reach US$42.9 Billion by 2030, growing at a CAGR of 24.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Artificial Intelligence (AI) is revolutionizing warehousing by automating processes, optimizing inventory management, and improving operational efficiency. Traditionally, warehouses relied heavily on manual labor, leading to inefficiencies, errors, and slow processes. AI addresses these challenges by utilizing machine learning (ML), robotics, and advanced data analytics to streamline warehouse operations.
AI-powered robotics, such as automated guided vehicles (AGVs) and drones, are increasingly used for tasks like product retrieval, inventory checking, and order picking. These robots can navigate warehouses autonomously, improving speed and accuracy while reducing the need for human labor in hazardous or repetitive tasks. AI also enhances inventory management by predicting stock levels, identifying trends in product demand, and providing real-time insights into inventory status. This capability ensures that warehouses operate at optimal capacity, reducing the chances of overstocking or stockouts.
What’s Driving the Growth of the AI in Warehousing Market?
The growth in the Artificial Intelligence in Warehousing market is driven by several key factors that reflect the evolving needs of the logistics and supply chain industries. The increasing demand for fast and accurate order fulfillment, driven by e-commerce growth, is a significant driver of AI adoption. As customers expect faster delivery times, warehouses must implement technologies that optimize operations and ensure swift processing of orders. AI offers the perfect solution by automating labor-intensive tasks and improving warehouse workflows.
Technological advancements in robotics, machine learning, and big data analytics are further fueling the growth of AI in warehousing. These innovations enable the seamless integration of AI technologies into existing warehouse infrastructure, making it easier for businesses to adopt and scale AI solutions. Real-time data analysis, predictive analytics, and autonomous robots allow warehouses to function with unprecedented efficiency and precision.
The need for cost reduction in warehousing and logistics is another key factor driving the growth of AI-powered solutions. As businesses face rising labor costs and the pressure to optimize operations, AI provides a cost-effective alternative by automating routine tasks and improving decision-making. These benefits, coupled with the growing demand for seamless supply chain management, are propelling the rapid adoption of AI in warehouses.
Finally, the increasing emphasis on sustainability and reducing the environmental impact of supply chains is contributing to the market’s growth. AI can optimize energy usage, reduce waste, and improve resource allocation within warehouses, aligning with broader sustainability goals and corporate social responsibility initiatives. These factors, combined with the need for better performance metrics and enhanced customer satisfaction, are driving the expansion of the AI in Warehousing market.
What Drives the Adoption of AI in Warehousing?
The growing need for operational efficiency and cost reduction is a major driver of AI adoption in warehousing. As global supply chains become more complex and customer expectations rise, warehouses must improve efficiency, reduce errors, and speed up fulfillment times. AI technologies, including predictive analytics, robotics, and real-time data processing, provide the tools needed to streamline operations, optimize workflows, and enhance productivity.
The rise of e-commerce and the demand for faster delivery times is also fueling the adoption of AI in warehousing. With the increase in online shopping and the need for rapid order fulfillment, traditional warehousing practices are no longer sufficient to meet the speed and accuracy required by customers. AI solutions help warehouses manage large volumes of orders more efficiently, allowing for quicker picking, packing, and shipping. AI is also facilitating real-time tracking of goods, which ensures that warehouses can provide up-to-the-minute updates to customers and improve supply chain visibility.
Moreover, AI-driven warehousing systems help reduce labor costs by automating time-consuming and labor-intensive tasks. With rising labor costs and labor shortages, particularly in sectors like logistics and e-commerce, AI solutions are an attractive alternative for businesses looking to maintain efficiency without significantly increasing operational expenses.
Can AI Improve Accuracy and Speed in Warehousing?
AI is dramatically improving both accuracy and speed in warehousing, making it a cornerstone of modern supply chain management. One of the most significant advancements is the use of AI in order picking. AI-powered robots can swiftly locate and retrieve items based on real-time inventory data, reducing human error and speeding up the order fulfillment process. These robots use advanced vision systems, machine learning algorithms, and sensors to navigate warehouses and identify products with high precision, even in large or disorganized spaces.
AI also contributes to speed by optimizing routing and task scheduling. Through machine learning models, AI systems can continuously learn from historical data and adapt to changing conditions, ensuring that the most efficient paths are taken during picking and packing operations. This not only saves time but also reduces wear and tear on warehouse equipment, ultimately lowering maintenance costs.
Furthermore, AI improves the accuracy of stock management. By using predictive analytics, AI can forecast demand and supply chain needs, ensuring that stock levels are maintained optimally. This helps warehouses avoid stockouts or overstocking, which could lead to lost sales or wasted inventory. AI-driven systems can also track inventory in real time, improving visibility and reducing the likelihood of errors during stock audits and replenishments.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ABB Ltd., Amazon Web Services, Inc., Google LLC, Honeywell International, Inc., IBM Corporation and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the AI in Warehousing Hardware segment, which is expected to reach US$17.4 Billion by 2030 with a CAGR of a 21.3%. The AI in Warehousing Software segment is also set to grow at 26.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $3.0 Billion in 2024, and China, forecasted to grow at an impressive 23.7% CAGR to reach $6.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Segments:
- Component (Hardware Component, Software Component, Services Component)
- Deployment (Cloud Deployment Mode, On-Premise Deployment Mode)
- Application (Order picking & Sorting Application, Inventory Management Application, Predictive Maintenance Application, Warehouse Optimization Application, Other Applications)
- End-Use (Retail & E-Commerce End-Use, Logistics & Transportation End-Use, Manufacturing End-Use, Food & Beverage End-Use, Other End-Uses)
Key Attributes:
Report Attribute | Details |
No. of Pages | 218 |
Forecast Period | 2024 – 2030 |
Estimated Market Value (USD) in 2024 | $11.4 Billion |
Forecasted Market Value (USD) by 2030 | $42.9 Billion |
Compound Annual Growth Rate | 24.8% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Economic Frontiers: Trends, Trials & Transformations
- Artificial Intelligence in Warehousing – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- AI-Powered Automation Spurs Growth in Smart Warehousing Solutions
- Integration of Robotics and AI Strengthens Business Case for Fully Automated Warehouses
- AI in Warehouse Energy Management Expands Opportunities for Sustainable Operations
- Demand for AI in Order Fulfillment Accelerates Adoption of Advanced Picking Systems
- AI in Warehouse Management Systems Strengthens Use Cases in Omnichannel Retail
- Emerging AI Tools for Supply Chain Analytics Set the Stage for Smarter Warehousing
- Growing E-Commerce Demand Spurs Innovations in AI-Driven Last-Mile Delivery
- AI in Cold Storage Logistics Strengthens Business Case for Precision Temperature Control
- Demand for Enhanced Order Accuracy Drives Adoption of AI in Warehousing
- Integration of AI in Reverse Logistics Expands Market for Returns Management
- AI in Warehouse Security Systems Bodes Well for Theft and Loss Prevention
FOCUS ON SELECT PLAYERS:Some of the 48 companies featured in this Artificial Intelligence in Warehousing market report include:
- ABB Ltd.
- Amazon Web Services, Inc.
- Google LLC
- Honeywell International, Inc.
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Siemens AG
- Zebra Technologies Corporation
For more information about this report visit https://www.researchandmarkets.com/r/6urpw
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- Artificial Intelligence in Warehousing Market