Application of Artificial Intelligence (AI) in Warehousing Market Sizing
analyze Application of artificial intelligence in warehousing market Nester research shows that the market size will grow at a CAGR of 27.2% between 2025 and 2037, reaching approximately US$242.2 billion in 2037 Also read: Artificial Intelligence – How it is shaping and redefining logistics The integration of artificial intelligence and the Internet of Things leads the development of next-generation warehouse management solutions The integration of IoT and AI in warehousing is expected to improve operational efficiency through real-time data collection and analysis. Key market players continuously invest in research and development activities to launch innovative warehouse solutions. AI and IoT integrated solutions are expected to help track inventory and assets in real-time, thereby increasing visibility across the supply chain for informed decision-making. Traditional systems are often unable to manage large workloads and data speeds, impacting the overall productivity of the warehouse. For example, in July 2021, Sierra Wireless partnered with Microsoft Corporation to develop an asset tracking solution. Sierra Wireless's…
Navigating the logistics cybersecurity landscape:
Here we explore the logistics industry’s key cybersecurity challenges and solutions to ensure data protection, secure supply chains and resilient operations in today’s digital age. Also read: Securing the Digital Frontier: Cybersecurity in Trade and Logistics Infrastructure With the development of globalization, global trade volume will reach nearly 32 trillion US dollars by the end of 2024. The booming development of international trade has also increased the demand for cross-border transportation and logistics services. However, logistics supply chains have become lucrative targets for malicious cyberattackers. It is estimated that there will be 27 incidents affecting transportation and logistics companies between July 1, 2023, and July 30, 2024. As logistics and supply chains become increasingly digital, the need for strong cybersecurity has never been more important. From tracking and shipping of goods to inventory management and final delivery, the logistics industry relies heavily on digital systems for every step. Cybersecurity is becoming a powerful ally in the logistics industry, protecting critical…
B2B Payments: The Next $38.2 Billion Market
According to a recent study by Research Nester, Global B2B Payment Market Size It is expected to exceed USD 38.2 billion by 2036, with a projected CAGR of 8.8% between 2024 and 2036 due to the increase in cross-border transactions globally. Also read: Developing a Personalized B2B Marketing Plan: Tips and Strategies Technological progress continues to promote the global market share of cross-border B2B payments The global B2B payments market is expected to expand over the forecast period owing to the increase in the number of cross-border transactions. This has led to a growing demand for efficient and secure cross-border payments. Moreover, key players are investing in R&D activities to launch secure, fast, and efficient cross-border payment solutions. For instance, in April 2024, Nium, in collaboration with Kapronasia, released a new data-backed white paper on Cross-Border B2B Payment Challenges in Asia. “Breaking Borders” addresses cross-border B2B payment challenges and the current initiatives and the role of intermediaries in overcoming the…
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