Internet of Things (IoT) are devices or systems that monitors location, provide report status, and receive and handle commands.These device includes sensors for measuring and tracking activities, and processors. Internet of Things (IoT) devises or systems are widely used in warehouse management.
Increasing acceptance of connected devices among individuals across the world is a leading factor expected to drive increase of the global Internet of Things (IoT) in warehouse management market over the forecast period. In addition, growing number of machine-to-machine applications used in various industries, such as video surveillance, transportation, smart meters, asset tracking, and health monitoring are other factors expected to fuel growth of the target market.
Technological advancements for implementing software for warehouse management and increasing attention of Internet of Things (IoT) among individuals across the world are expected to create lucrative opportunities for players operating in the target market in the warm future.
The market in North America lead the global market in terms of revenue over the forecast period, owing to growing demand for automation and rising adoption of connected trucks in various countries in the region. Driver assistance systems, infotainment systems, and safety applications are major applications of connected trucks.
Target audience for the global Internet of Things (IoT) in warehouse management market include IoT warehouse management solution providers, cloud service providers, IoT warehouse management service providers, system integrators, managed service providers and middleware companies, consultancy and advisory firms, governments, location, sensor and detection solution providers, and wireless infrastructure providers and service providers.
Segmentation by solution:
4.Electronic Data Interchange (EDI)