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According to estimates, the compound annual growth rate (CAGR) of the global warehousing automation market is expected to reach 12.6% in 2023, including private equity firms joining in acquisitions to improve products and services and increase revenue.
With the soaring volume of e-commerce transactions, the demand for logistics is also rising. In the process of industry transformation and upgrading, smart technology has become one of the keys to industry development.
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