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AI in Warehousing Market Share

Report ID: GMI10653
Published Date: Aug 2024
Report Format: PDF

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AI in Warehousing Market Share

Amazon Web Services (AWS), Microsoft, and Google LLC held a significant market share of over 22% in 2023. AWS employs AI in warehousing through its AWS IoT and AWS RoboMaker platforms, fostering automation and real-time data analytics for inventory management. Additionally, AWS features machine learning services, such as Amazon SageMaker, which fine-tune supply chain operations, bolster predictive maintenance, and ultimately drive efficiency gains and cost reductions.

Microsoft integrates AI into warehousing via its Azure IoT and Azure Machine Learning services. These tools empower intelligent inventory management, predictive analytics, and heightened automation. Furthermore, Microsoft's Dynamics 365 Supply Chain Management leverages AI to streamline operations, optimize warehouse layouts, and bolster decision-making with real-time data insights.

Google harnesses AI for warehousing through its Google Cloud AI suite, including TensorFlow and Vertex AI. These tools enable automation, predictive analytics, and refined inventory management. Google's AI solutions elevate warehouse efficiency by offering real-time insights, enhancing demand forecasting, and facilitating advanced robotics integration.

AI in Warehousing Market Companies

Major players operating in the AI in warehousing industry are:

Amazon Web Services (AWS)
Microsoft
Google LLC
IBM
Honeywell International
Siemens
Oracle
SAP
ABB
Zebra Technologies

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of AI in warehousing reached USD 8.3 billion in 2023 and is set to grow at over 26.8% CAGR between 2024 and 2032, led by the increasing need for efficiency and automation in warehouse operations.

The cloud segment in the AI in warehousing industry held 63% share in 2023, due to scalability, real-time access, and flexible integration.

North American market accounted for over 43% share in 2023 and is expected to exceed USD 30.2 billion by 2032, backed by early technology adoption and the strong presence of key industry players.

Amazon Web Services (AWS), Microsoft, Google LLC, IBM, Honeywell International, Siemens, Oracle, SAP, ABB, and Zebra Technologies among others.