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…
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