Internet of Things (IoT) in Warehouse Management Market Overview And Forecast
Posted by Neha Bora on January 29th, 2020
San Francisco, 29 January 2020: The Report Internet of Things (IoT) in Warehouse Management Market Analysis By Solution (Warehouse Automation, Workforce Management, Inventory Management, EDI, Tracking), By Device (Sensing Devices, Gateways), By Service, And Segment Forecasts, 2018 – 2025
The global IoT in warehouse management market is anticipated to reach USD 19.06 billion by 2025, according to a new report by Grand View Research, Inc. Increasing adoption of Goods-to Person (GTP) technology in warehouses is expected to drive the growth.
Telematics plays a major role in developing innovative solutions for fleet management. The increasing use of fleet management services by transport operators is anticipated to propel the telematics market demand. The adoption of telematics systems is expected to aid companies in reducing their fuel expenses and number of empty of runs.
IoT gateways provide secured channels to transmit data. The gateways operate as platforms for applications that process data. IoT also performs functions such as protocol translation, device connectivity, security, updating, and data filtering. The growing penetration of cloud-based platforms is likely to positively impact the market demand over the projected period.
The EDI solution is expected to portray high growth rate over the forecast period, owing to the increasing need for data accuracy at the customer end. The implementation of EDI is likely to reduce human errors and provide real-time information to the customer. The growing usage of mobile applications coupled with the increasing proliferation of the embedded sensor technology is anticipated to further propel the industry demand.
Access Research Report of Internet of Things (IoT) in Warehouse Management Market @ https://www.grandviewresearch.com/industry-analysis/internet-of-things-iot-warehouse-management-market
Further key findings from the report suggest:
Grand View Research has segmented the IoT in warehouse management market based on solution, device, service, and region:
IoT In Warehouse Management Solution Outlook (Revenue, USD Million; 2014 - 2025)
IoT In Warehouse Management Device Outlook (Revenue, USD Million; 2014 - 2025)
IoT in Warehouse Management Service Outlook (Revenue, USD Million; 2014 - 2025)
IoT in Warehouse Management Regional Outlook (Revenue, USD Million; 2014 - 2025)
About the AuthorNeha Bora
Joined: September 16th, 2019
Articles Posted: 620
Share Your Internet Connection & Get Paid
HoneyGain is compatible for desktop computers, Android and iOS and pays you when you share your internet connection!
Passive Income - Effortlessly | Honeygain
Honeygain is the first-ever app that allows users to make money online by sharing their internet connection.
BitKong: Fairest and most thrilling Bitcoin casino on the market
Win serious funds fast when you stack the BitKong bonus combo, cash in on the referral program, or hit the massive jackpot then walk away with your life changed.
Store Bitcoin and a Earn Passive Income
Miny CC allows you to store your Bitcoin, Litecoin and Ethereum on their platform and pays you 10%-19% in monthly returns based on your stake.
Get Paid to Write Reviews!
BravoCoin is a review app that pays its community for writing & rating reviews of restaurants, hotels, services, movies, video games & more. Signup and claim 10 FREE Bravo coins!
CryptoBits - Welcome to the World of Crypto!
Explore the world of Crypto and learn to invest and earn, play games and become a part of the decentralized world today!