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Internet of Things (IoT) in Warehouse Management Market Analysis By Solution (Warehouse Automation, Workforce Management, Inventory Management, EDI, Tracking), By Device (Sensing Devices, Gateways), By Service And Segment Forecasts, 2014 - 2025NEW YORK, Feb. 28, 2017 /PRNewswire/ -- The global IoT in warehouse management market is anticipated to reach USD 19.06 billion by 2025, according to a new report by Grand View Research, Inc. Increasing adoption of Goods-to Person (GTP) technology in warehouses is expected to drive the growth. IoT gateways provide secured channels to transmit data. The gateways operate as platforms for applications that process data. IoT also performs functions such as protocol translation, device connectivity, security, updating, and data filtering. The growing penetration of cloud-based platforms is likely to positively impact the market demand over the projected period. Further key findings from the report suggest: The growing penetration of technologies, such as RFID and Automatic Identification and Data Capture (AIDC), is expected to influence the market demand Inventory management solution dominates the market in terms of revenue The widespread adoption of pallet/item level tagging is expected to drive the smart inventory management solution The EDI solution is expected to witness a significant growth with a CAGR of 27.3% over the projected period Sensing devices are anticipated to dominate the market in terms of revenue over the forecast period, owing to the increasing adoption of sensors across various applications The Asia Pacific region is expected to portray high growth rate over the forecast period Germany and Singapore are the top ranked logistics performance index (LPI) countries The key market players include Zebra Technologies (U.S.), IBM Corporation (U.S.), Software AG (Germany), and Tecsys, Inc. (U.S.) Read the full report: http://www.reportlinker.com/p04717525-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/internet-of-things-iot-in-warehouse-management-market-analysis-by-solution-warehouse-automation-workforce-management-inventory-management-edi-tracking-by-device-sensing-devices-gateways-by-service-and-segment-forecast-300415493.html SOURCE Reportlinker |