According to a new comprehensive report from The Insight Partners, the development and adoption of e-commerce in the retail sector are expected to generate remarkable growth opportunities for the industry players. Also, every day, many businesses integrate new technologies—such as AI, big data, and the Industrial Internet of Things (IIoT)—to automate various processes in their warehouses. This tendency is reflected, for instance, in the growing use of automatic guided vehicles (AGVs) and autonomous mobile robots. This equipment maintains nonstop workflows while redeploying operators to higher-value tasks.

Logistics Automation Market Size Worth $85.19 Billion, Globally, by 2030 – Exclusive Report by The I

The logistics automation market size is projected to reach US$ 85.19 billion by 2030 from US$ 35.21 billion in 2022. The market is expected to register a CAGR of 11.7% during 2022–2030. IoT integration and big data analytics are likely to remain a key trend in the market.

Logistics Automation Market Size Worth $85.19 Billion, Globally, by 2030 – Exclusive Report by The I

The logistics automation market size is projected to reach US$ 85.19 billion by 2030 from US$ 35.21 billion in 2022. The market is expected to register a CAGR of 11.7% during 2022–2030. IoT integration and big data analytics are likely to remain a key trend in the market.