June 21, 2023
3 min

Global Logistics Automation Market is Anticipated to Hold a Value ... - GlobeNewswire

The global logistics automation market is expected to grow at a CAGR of 11.4% from 2023 to 2031, with a projected valuation of $115.9 billion in 2031. The increasing use of the internet, smartphones, and online shopping, as well as innovations in robotics, artificial intelligence, machine learning, and IoT, are driving the demand for logistics automation systems. The increased affordability and accessibility of these technologies have made logistics automation more viable for businesses of all sizes. The demand for logistics automation is expected to rise further in the e-commerce market.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry