The global logistics automation market is expected to increase from USD 32.7 billion in 2023 to USD 51.2 billion by 2028, with a compound annual growth rate (CAGR) of 9.3% throughout the forecast period. The logistics business benefits from technological advancements such as robotics, artificial intelligence, and the Internet of Things (IoT) in the logistics automation market.
The global logistics automation market is on a roll, driven by the e-commerce boom and the need for efficiency. Here are some interesting trends shaping this market:
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These trends are all about leveraging technology to create a more efficient, agile, and responsive logistics network. This translates to faster deliveries, lower costs, and a better overall experience for e-commerce customers.
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Logistics Automation Market by Component, Function, Logistics Type (Procurement/Inbound Logistics, Sales/Outbound Logistics) Software Application (Inventory Management, Order Management), Vertical and Region - Global Forecast to 2028
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