Jakson25819 Feb, 2025Technology
The Logistics Automation Market size is projected to increase from USD 35.14 billion in 2024 to USD 52.53 billion in 2029, with an 8.4% CAGR throughout the forecast period, according to a new report by MarketsandMarkets™. The increasing need for quicker and more effective supply chain processes, driven by the growth of e-commerce and omnichannel retailing, is fueling the expansion of the Logistics Automation Market. Progress in robotics, artificial intelligence, and IoT technologies is allowing for more accurate and expandable automation solutions. Labor shortages and increasing labor expenses are pushing companies even more towards automating repetitive tasks.
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