ABI Research: Autonomy and Asset Tracking Imperative to Support 13% Global E-Commerce Rise in 2022
January 17, 2022
growth in the value of global goods traded over the last five years
represents the evolution of globalization, increasing incomes in many
locations, and the need to connect people and devices. Baseline
forecasts for 2022 exceed anything seen in the prior six or more years.
According to ABI Research, e-commerce revenue will grow from US$560
billion in 2020 to US$8 trillion in 2026. This explosive e-commerce
growth underscores the need for supply chains to become more flexible
and agile to address future disruptions and create more resilient value
Mehdi Bentanfous the Chief Revenue Officer of KINEXON explained, “The rise of e-commerce and ever more demanding supply chains and customer expectations have long been key drivers for innovative, new technologies. The COVID-19 pandemic and the resulting disruptions have tremendously accelerated the execution of digitalization strategies including digital twins. Digital twins create more transparency across supply chains and logistics processes and enable companies to optimize and automate in a more flexible, agile way. KINEXON is offering a powerful location-based portfolio to turn the pandemic-related challenges into opportunities for more efficiency, digital awareness, and competitiveness in production, fulfillment, and warehousing. With our location-based automation software KINEXON OS, we offer end-to-end automation that add value in real time and future-proof business processes.”
“There is no singular “silver bullet” to address the multiple supply
chain challenges, and not all challenges can be addressed purely by
technology. Technologies can, however, improve visibility, flexibility,
efficiency, and profitability, repairing numerous challenges, many of
which existed pre-pandemic,” Beardslee concludes.
These findings are from ABI Research’s Global Supply Chain Challenges and Solutions application analysis report. This report is part of the company’s Supply Chain Management & Logistics research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific application, which could focus on an individual market or geography.