Smart Warehousing Market Share

North America Market Forecast

The smart warehousing market in the North America region is anticipated to hold the largest revenue share with about 35% during the forecast period. North America is known for its advanced technology infrastructure and innovative industries, making it a hub for adopting smart warehousing. The region’s strong technology ecosystem and continuous innovation make it a key player in driving the development and adoption of these solutions globally. The market for robotics in North America was strongly growing: the number of manufacturing installations increased by 12% between 2012 and 2022 to 41,624. Number one adopter is the automotive industry: companies based in the US, Canada, and Mexico installed 20,391 industrial robots, up 30% compared to 2021.

APAC Market Statistics

The Asia Pacific smart warehousing market is expected to account for 27% of the revenue share by 2037. The significant increase in the use of technology across all sectors, with a view to improving customer experience and productivity, is leading to increasing market growth within the region. Furthermore, in the region, there is also a growing demand for automated warehouse processes to enhance productivity, efficiency and accuracy through smart warehousing hardware, solutions and services. Flexibility and potential for staff growth are enhanced by the Smart Warehouse technology that has been introduced.