KSA Warehousing Automation Market Outlook to 2027
Driven by Bolstering Ecommerce Industry & Ambitious Government Plans for Digitalization to Pave Strong Grounds for Automation
- KR1342
- Slides: 84
- July 2023
- Author(s): Faqiha Frozan
- Total Views: 1160
- Region : Middle East
- Ken Research
- Market Research Report
About the Report
About the Report
Market Overview:
A consolidated market with immense growth potential KSA’s warehousing automation market is being driven by expansion in KSA’s e-commerce industry and government institutions setting up industrial base in the country. Moreover, Rapid digitalization, growing adoption of technology and integration of advanced technologies have led to the growth of the industry. The country has 99.0% internet penetration in 2023.
Major government initiatives, such as Vision 2030, National Industrial Development & Logistics Program (NIDLP), etc. have cemented the growth of automated warehouses in the country. Moreover, significant Marine Network of Saudi Arabia Coupled with Surging Regional Ecommerce Market Have Necessitated the Requirement for Warehouses & Storage Facilities.