Press release
Global IoT Market in Warehouse Management Market Booming At CAGR Of 30.13% till Year 2021
IoT is the inter-connection of physical devices that are accessible through the Internet. The things in the Internet of Things refer to objects that have pre-installed embedded technology. The embedded technology aids devices in interacting with the external and internal environment in an industry and helps in controlling the functions and taking decisions. The concept of IoT helps companies to enhance the consumer experience and enables manufacturers and distributors to track the effectiveness of their product throughout its life-cycle.
Technavios analysts forecast the global IoT market in warehouse management to grow at a CAGR of 30.13% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global IoT market in warehouse management for 2017-2021. To calculate the market size, the report considers the new installations, sales and services of IoT-related products, which include hardware, software, and services provided by vendors.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global IoT Market in Warehouse Management 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Cisco
IBM
Intel
Vantiq
Zebra Technologies
Other prominent vendors
Oracle
HCL Technologies
Eurotech
GT Nexus
ThingWorx
SAP
Market driver
Increased adoption of goods-to-person technology
For a full, detailed list, view our report
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Market challenge
Dependence on ROI
For a full, detailed list, view our report
Market trend
Introduction of blockchain in supply chain management
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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