The Global Warehouse Management System (WMS) Market Report offers extensive knowledge and information about the Warehouse Management System (WMS) market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Warehouse Management System (WMS) market further validated and verified by the industry experts and professionals.
The global warehouse management system market size is expected to reach USD 8.15 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by increasing application of WMS across various end-use industries such as manufacturing, healthcare, transportation & logistics, and retail. Improved accuracy, increased productivity, and cost reduction benefits offered by warehouse management system is boosting its application across various end-use industries. Increasing adoption of cloud-based warehouse management systems is expected to continue to drive revenue growth of the global WMS market during the forecast period. Real time visibility, scalability, lower upfront costs, flexibility, disaster recovery, security and seamless integration offered by cloud-based WMS is augmenting rapid adoption.
Entrance and dominance of Enterprise Resource Planning (ERP) software vendors is expected to boost market revenue growth during the forecast period. Rising demand among IT firms for integrated ERP solutions to reduce complexity is contributing to increasing system integration with ERP. Major players such as SAP, Infor, and Oracle entered the WMS market either by self-developing advanced warehousing modules or through acquisition.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Some major companies operating in the global market include:- Manhattan Associates, Blue Yonder, Körber AG, Oracle Corporation, SAP SE, IBM, Infor, PSI Logistics GmbH, PTC Inc., and Tecsys Inc.
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2021-2028 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Some Key Highlights From the Report
In May 2020, Manhattan Associates, which is leader in warehouse management software, announced the launch of new Manhattan Active Warehouse Management Solution. The new solution is the first cloud-native enterprise-class warehouse management system in the world, which does not need any upgrading and unifies every aspect of distribution. The new system offers improved speed, ease of use, and adaptability within distribution management.
Software segment accounted for largest revenue share in 2020. Ability of warehouse management system software to offer visibility into the entire inventory of a business and manage supply chain fulfillment operations – from the distribution center to store shelf – are key features expected to drive revenue growth of this segment.
Cloud segment revenue is expected to expand at a rapid CAGR during the forecast period. Rising adoption of cloud-based warehouse management system among various end-use industries is expected to continue to drive revenue growth of the cloud segment during the forecast period.
Systems integration & maintenance segment accounted for a significantly large revenue share in the global warehouse management system market in 2020. WMS integration allows retail order management system and a warehouse management system to pass inventory information in order to keep inventory information in both systems accurate, which is boosting deployment and driving revenue growth of this segment.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Warehouse Management System (WMS) market expected to boost the growth of the industry in the coming years.
Emergen Research has segmented the global warehouse management system market on the basis of offering, deployment, function, application, and region:
Offering Outlook (Revenue, USD Billion; 2018–2028)
Deployment Outlook (Revenue, USD Billion; 2018–2028)
Function Outlook (Revenue, USD Billion; 2018–2028)
Analytics & Optimization
Labor Management System
Systems Integration & Maintenance
Billing & Yard Management
Application Outlook (Revenue, USD Billion; 2018–2028)
Transportation & Logistics
Food & Beverage
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
What is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography (North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Key Questions Answered in the Report:
What is the growth rate of the Warehouse Management System (WMS) market? What is the anticipated market valuation of Warehouse Management System (WMS) industry by 2028?
What are the key growth driving and restraining factors of the Warehouse Management System (WMS) market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Warehouse Management System (WMS) industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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