Warehouse Market: COVID-19 Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast 2027
Warehouse Market Warehouse Market Scenario:
The COVID-19 pandemic disruption is estimated to transform the Warehouse Market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the Warehouse Market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.
The need for new sales channels is projected to boost the Warehouse Market 2020. The information & communication technology industry reports are produced by Market Research Future, which concentrates on market choices for expansion. A of 21.21% CAGR is estimated to shape the market in the upcoming period.
The demand for IoT in warehouse in retail & logistics, automotive, food & beverages, and others are influencing the market significantly in the forthcoming period. The upsurge in the number of connected devices is likely to stimulate the Warehouse Market. The introduction of Industry 4.0 is predicted to create favorable traction for the Warehouse Market in the future.
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· The segmental insight into the Warehouse Market includes segments on the basis of solution, device, industry and region.
· On the basis of the solution, the Warehouse Market consists of electronic data interchange, inventory management, workforce management, and others such as automation and telematics.
· On the basis of device, the Warehouse Market consists of networking and gateways, sensing devices, and others.
· Based on the industry, the Warehouse Market consists of electrical & electronics, automotive, food & beverage, retail & logistics, healthcare, and others.
· Based on the regions, the Warehouse Market comprises of North America, Europe, Asia-Pacific, and the rest of the regions.
The regional assessment of the Warehouse Market encompasses regions such as North America, Europe, Asia-Pacific, and the rest of the world. The North American region controls the principal market share in 2018, with a market worth of USD 2,598.75 Million. The North American regional market is expected to record a CAGR of 20.58% in the forecast period. The significant growth was seen in the region in the market owing to the primary adoption of technology, the extraordinary level of skilled proficiency, robust cloud infrastructure, and the incidence of retailers.
The Asia Pacific region is likely to list the uppermost CAGR of 23.06% in the forecast period. The collective nature of strategic partnerships and partnerships across the industry and enormous investments by the local e-commerce sector is promoting the Warehouse Market. The augmented implementation of cheap RFID tags in the retail sector, and development of smart logistics are a few of the factors that are projected to motivate the development of the Warehouse Market throughout the forecast period.
The central contenders in the Warehouse Market are Omnitracs, LLC (US), Software AG (Germany), IBM Corporation (US), TECSYS, Inc. (Canada), Eurotech SpA (Italy), UltraShipTMS (US), Cisco Systems, Inc. (US), PTC Incorporation (US), Oracle Corporation (US), HCL Technologies Limited (India), Zebra Technologies (US), Intel Corporation (US), and Infor Inc. (US).
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Table of Contents:
1 Executive Summary
2 Market Introductions
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List Of Assumptions
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