The SNS Insider report projects that the Smart Warehousing Market is expected to grow at a compound annual growth rate (CAGR) of 14.1% between 2023 and 2030, advancing from a valuation of USD 17.32 billion in 2022 to reach USD 49.75 billion by 2030. Smart warehousing involves the use of various technological solutions, including the Internet of Things (IoT), artificial intelligence (AI), robotics, automation, and data analytics, to improve every facet of the warehousing process. Automated systems and robots are employed to handle repetitive tasks, such as picking, packing, and sorting, while AI is used for demand forecasting, inventory optimization, and route planning. The adoption of automation and robotics within warehouses has been a pivotal driver for the smart warehousing market.
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