8 Ways IoT Is Transforming Warehouse Management

The increase in IoT adoption and Smart technology is revolutionizing logistics and warehouse management. "The United States Smart Warehousing Market size was estimated at USD 3,481.58 million in 2020 and expected to reach USD 9,400.10 million by 2027, at a CAGR of 15.24%" – Research & Markets report. With ever-increasing consumer demand, the load on logistics and transportation has only increased and given rise to many innovations in the logistics industry. Logistics companies are striving to increase efficiency and provide better transparency. This has led to some serious innovation and investment in the IoT space. With IoT becoming ever-popular, forecasters predict that by 2025, the IoT industry will hit between $1 trillion and $3 trillion in revenue.