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Logistics Automation Market worth USD 52.53 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Nov. 8, 2024 /PRNewswire/ — 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.

Browse in-depth TOC on “Logistics Automation Market”

444– Tables
68 – Figures
422 – Pages

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Scope of the Report

Report Metrics

Details

Market size available for years

2019–2029

Base year considered

2023

Forecast period

2024–2029

Forecast units

USD Billion

Segments Covered

By Offering, By Logistics Type, By Technology, By End User.

Geographies covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Companies covered

KION Group (Germany), Honeywell (US), Daifuku (Japan), IBM (US), SAP (Germany), Oracle (US), ABB (Switzerland), Samsung SDS (South Korea) Manhattan Associates (US), KUKA Group (Germany), Jungheinrich (Germany), Toshiba (Japan), Toyota Industries (Japan), Zebra Technologies (US), Kardex Group (Switzerland), Symbotic (US), KNAPP (Austria), SSI Schaefer (Germany), Blue Yonder (US), Murata Machinery (Japan), TGW Logistics (Austria), Körber AG  (Germany), Beumer Group (Germany), Mecalux International (Spain), Hardis Group (France), JR Automation (US), Ecovium (Germany), System Logistics (Italy), Automated Logistics Systems (US), Savoye (US), Locus Robotics (US), GreyOrange (US), Falcon Autotech (India), Logistically (US), Logiwa (US) and Rossum (Czech Republic).

By software deployment mode, cloud is expected to grow at the highest CAGR during forecast period.

By deployment mode, cloud segment is expected to grow at highest CAGR during forecast period. Cloud-based solutions provide flexibility, scalability, and cost-effective management of the complex global supply chain that the logistics companies need to manage. The advantage of such a solution is that it has access to real-time data, which, in turn, optimizes routes, inventory management, and other fleet at different locations without requiring huge infrastructure on the on-premises network. Cloud platforms also facilitate easier integration with other digital tools such as IoT, AI, and machine learning, which otherwise helps in the smooth operation process and enhances decision-making capability. Cloud deployment also allows for easier updates and maintenance. This reduces downtime as well as overheads from IT teams. Increasing demand for remote operations and the need for more agile and scalable logistics systems is a strong driver of the continued dominance of the cloud segment in logistics automation software.

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By automation software, transport system management segment is projected to grow at the highest CAGR during the forecast period.

Transportation Management Systems (TMS) are projected to grow at the highest CAGR in the Logistics Automation Market due to increasing demand for real-time tracking, route optimization, and efficient fleet management. Companies are adopting TMS because of the rise in online shopping, the interconnected nature of supply chains worldwide, and the need to reduce operational costs. The integration of AI, IoT, and cloud technology in transportation management systems results in faster deliveries and better resource utilization. The growing emphasis on reducing carbon footprints and fuel usage is driving the implementation of transportation management systems for automating logistics, ultimately enhancing sustainability.

Asia Pacific is expected to grow at the highest CAGR during the forecast period.

Logistics automation is most likely going to be the largest market area in the Asia Pacific region, driven by rapid industrialization, rising volumes of e-commerce, and increased adoption of advanced technologies in supply chains. Major countries like China, Japan, India, and South Korea are also leading in the implementation of automation solutions to meet the ever-growing demand for faster and more efficient logistics operations. The region has a large consumer base, and the emergence of e-retailers has rapidly increased demand for streamlined logistics processes such as automated warehouses, autonomous vehicles, and AI-based inventory management systems. In addition, smart manufacturing and the effort to digitalize started by the government, mainly in China and India, are accelerating the adoption of logistics automation technologies. Asia Pacific’s strong infrastructure development and thrust towards innovation along with investments in automation technologies put this region at the commanding lead in the global Logistics Automation Market.

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Top Key Companies in Logistics Automation Market:

The major logistics automation providers include KION Group (Germany), Honeywell (US), Daifuku (Japan), IBM (US), SAP (Germany), Oracle (US), ABB (Switzerland), Samsung SDS (South Korea), Manhattan Associates (US), KUKA Group (Germany) and Jungheinrich (Germany). These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the Logistics Automation Market.

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Get access to the latest updates on Logistics Automation Companies and Logistics Automation Industry 

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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eSign.AI Named Sole Electronic Signature Technology Provider for Hong Kong Government’s CorpID Project, Building the Foundation for Digital Signing Infrastructure in Hong Kong

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HONG KONG, May 8, 2026 /PRNewswire/ — As Hong Kong’s Digital Corporate Identity Platform (CorpID) counts down to its phased launch, eSign.AI has been appointed as the sole electronic signature vendor in the project, responsible for delivering core digital signing capabilities including digital signatures, certificate management, and signature verification services. CorpID is led by Nexify, a seasoned government systems integrator, as the prime contractor. The platform is expected to launch in phases starting late 2026, with multiple CorpID-based e-government services going live in mid-2027.

CorpID: Government-Grade Digital Identity Infrastructure for Hong Kong Enterprises

The Digital Corporate Identity Platform (CorpID) is an enterprise-level digital services platform launched by the Hong Kong SAR Government, developed under the oversight of the Digital Policy Office (DPO). It is designed to serve as the business equivalent of “iAM Smart,” providing a unified digital identity foundation for Hong Kong enterprises. CorpID’s core mission is to build an integrated digital government infrastructure — offering unified identity authentication, digital signing, form pre-filling, and e-licence storage — replacing paper-heavy, cumbersome traditional processes and enabling smart city development through seamless data connectivity.

The platform is open to companies incorporated under the Companies Ordinance (Cap. 622) and businesses registered under the Business Registration Ordinance (Cap. 310), including sole proprietorships and partnerships. The DPO requires all enterprise-related e-government services to support CorpID within 18 months of launch, and will continue expanding ecosystem coverage through sandbox initiatives, cross-industry identity standard interoperability, and fully online registration processes.

eSign.AI: The Digital Signing Engine Behind CorpID

eSign.AI is an AI-native electronic signature and contract automation platform built for enterprises worldwide, offering a complete signing framework from simple electronic signatures to the highest-level compliant digital signatures — meeting diverse regulatory requirements across industries and jurisdictions.

On the identity verification front, eSign.AI has completed integration with iAM Smart, enabling individual identity verification through Hong Kong’s citizen digital identity system, and providing legally valid digital certificate services for both enterprises and individuals.

Looking ahead, the eSign.AI SaaS platform will be deeply integrated with CorpID, providing enterprise and individual identity verification for Hong Kong businesses, and supporting both electronic and digital signing that complies with Hong Kong’s Electronic Transactions Ordinance — connecting the full digital contracting lifecycle for government and enterprise alike.

Getting Ahead of the AI Era: From eSignGlobal to eSign.AI

The electronic signature industry is undergoing a structural shift from “tooling” to “intelligence.” Market data underscores this acceleration: the AI-powered contract analysis tools market has grown from USD 3.32 billion in 2025 to USD 4.3 billion in 2026, at a CAGR of 29.6%. Signing is just one node in the contract lifecycle — document generation, workflow orchestration, compliance tracking, and post-execution management are all being transformed by AI, and the industry window is closing fast.

In April 2026, the company officially rebranded from eSignGlobal to eSign.AI, completing its strategic transformation from an e-signature tool provider to an AI-native contract automation platform. As the company’s spokesperson noted, this rebrand is not cosmetic — it is an acknowledgment of where the product actually is. Customers were already using eSign.AI to automate workflows that go far beyond the signature itself.

eSign Automation Skill was launched alongside the rebrand — an AI-powered signing automation framework for enterprise workflows that enables complete contract signing through natural language interaction, with no manual intervention required. Whether it is single-party approval, multi-party sequential signing, or large-scale parallel execution, an AI Agent can orchestrate the entire workflow in a single call. All signature initiations and status queries return structured JSON outputs, directly parseable by leading large language models and intelligent workflow systems.

eSign Automation is now available in the OpenClaw ecosystem and supports integration via Claude MCP, ChatGPT, and other leading AI platforms.

By combining AI automation capabilities with CorpID’s government-grade digital identity infrastructure, eSign.AI delivers a complete solution for Hong Kong enterprises — from identity verification to intelligent signing to full workflow automation.

About eSign.AI

eSign.AI (formerly eSignGlobal) is an AI-native electronic signature and contract automation platform built for enterprises worldwide. The platform serves over 100 countries and regions, covering core industries including financial services, manufacturing, real estate, human resources, and healthcare — with 1,500+ scenario applications and 3,000+ ecosystem partners. eSign.AI holds ISO 27001, ISO 27701, and ISO 27018 certifications and supports major regulatory frameworks including the U.S. ESIGN Act / UETA, EU eIDAS, HIPAA, GDPR, and 21 CFR Part 11. Infrastructure is anchored by independent data centers in Hong Kong, Singapore, and Frankfurt, Germany.

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The 9th AskGamblers Awards Finalists Announced as Voting Starts

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The highly anticipated 9th AskGamblers Awards has officially moved into the voting phase. Following a rigorous selection process, the finalists across 5 premier categories have been revealed: Best Casino, Best New Casino, Best New Slot, Best Sportsbook, Best Provider. Players are invited to cast their votes until 11 June.

BELGRADE, Serbia, May 8, 2026 /PRNewswire/ — The voting stage of the 9th annual AskGamblers Awards has officially begun. The list of finalists is announced, and the first votes are already coming in. 

Players will have a chance to vote for their favourites until 11 June, when the winners will be announced at the gala ceremony in Belgrade. There’s a total of 5 categories where popular votes are taken into consideration:

Best CasinoBest New CasinoBest SportsbookBest New SlotBest Game Provider

There aren’t any big changes to the voting process compared to last year. The votes from the prominent members of AskGamblers Forum will be counted in as well, while some award winners will be announced directly by the AskGamblers teams. 

These include: Best Crypto Casino, Best Partner, and Best Manager categories, while the AskGamblers Superstar Award is expected to be handed to the operator that illustrates the brand values best.

Dijana Radunović, General Manager at AskGamblers, is excited for voting to start: “We’re seeing some familiar contestants, but there are a lot of new names, so it will be exciting to see who comes up on top.”

“We invite players to vote for their favourites! This is a chance for you to speak your mind and support operators and games that shape this industry,” Radunović added.

Before the AskGamblers Awards Ceremony that takes place on 11 June, Charity Night is scheduled for 10 June.

About AskGamblers

AskGamblers.com strives to provide current, objective, and accurate information and guide its users towards a safe gaming experience. The way we deliver our services, from the online casino, sportsbook, slot, and bonus reviews to our trusted Complaint Service, is best described by our motto: ‘Get the truth. Then play.’

For more information about AskGamblers and AskGamblers Awards, please contact dijana.radunovic@g2m.com.

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SUNMI Wins 2026 Red Dot Design Awards with Five Products, Leading Global Commercial Industrial Design

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SINGAPORE, May 8, 2026 /PRNewswire/ — The winners of the 2026 German Red Dot Design Award were officially announced. Five of SUNMI Technology’s flagship products won awards: the CPad Business Tablet, CPad PAY, FLEX 3 Interactive Display, the V3 handheld POS Terminal and L3 Industrial PDA. These products stood out with three core design concepts: integration, versatility and human-centricity.

Known as “The Oscars” of global industrial design, the Red Dot Award has strict evaluation criteria covering aesthetics, ergonomics, scenario adaptability and sustainability. SUNMI adheres to original commercial scenario customization, rejecting crudely modified consumer devices. All winning products are originally developed for real commercial scenarios such as cash register, food delivery, industrial inspection and store operations, covering the entire commercial track with high scenario adaptability. Meanwhile, it practices ESG concepts, adopting eco-friendly materials and modular structures to extend equipment service life, reduce consumable consumption, and implement low-carbon and long-term design, which perfectly meets the Red Dot’s sustainability evaluation criteria.

Simplify Complexity: With highly integrated design, SUNMI eliminates the “patchwork feeling” of cluttered devices and tangled cables in traditional commercial scenarios, streamlining store operations and saving space.All-in-One Versatility: Beyond a single tool function, SUNMI’s products achieve flexible transformation through modular and multi-form designs to proactively adapt to changing business needs. The CPad series with modular accessories and FLEX 3’s Lego-style modular design enable multi-scenario application and long-term reuse.Human-Centric Design: Every detail is human-oriented, focusing on real pain points to enhance scenario experience. The L3 Industrial PDA reduces high-frequency work fatigue through scientific weight distribution; the V3 Smart POS Terminal balances large-screen visibility and grip comfort; CPad PAY integrates full-link functions to simplify workflows.

These honors stem from SUNMI’s long-term commitment to a sustainable society, original commercial R&D and ESG. In the future, SUNMI will uphold its core concepts, expand the boundaries of commercial industrial design, and empower global businesses with user-oriented, eco-friendly and high-value products.

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