The Worldwide Logistics Automation Industry is Expected to Reach $88.9 Billion by 2026 at a CAGR of 10.6% from 2020
Share this article Share this article ResearchAndMarkets.com's offering. The global logistics automation market size is projected to grow from USD 48.4 billion in 2020 to USD 88.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. The logistics automation market is gaining traction due to digital transformation in the logistics industry, emergence of IoT, exponential growth in the eCommerce industry, advancements in robotics, and growing need to ensure workforce safety. Based on Function, the warehouse and storage management segment is expected to ho...