Brandon Smith

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Warehouse Management System (WMS) Market Analysis, Size, Share, Growth, Trends, and Forecast 2020 – 2027

Market Analysis

 

The warehouse management system market will touch USD 2.45 billion at a healthy 14% CAGR between the forecast period 2020- 2027, states the recent Market Research Future (MRFR) analysis. A warehouse management system helps to manage operations in the warehouse productively and efficiently. These systems include dock management, yard management, labor management, inventory control, among others. Operations and maintenance, system integration, consulting, and software are the different types of warehouse management systems that have wide applications in retail, transportation and logistics, pharmaceutical, electronics, and others.

 

Various factors are propelling the global warehouse management system market share. According to the recent MRFR market estimates, such factors include the development of digital technology, growth of e-commerce, need for omni-channel fulfilment, labor efficiency, supply chain platform integration, growing digitalization, increasing consumer adoption of e-commerce industries, need for versatile software to tackle barcodes, moment of goods, smart scales, among others.

 

On the contrary, initial high investment, the dominance of ERP vendors, lack of awareness, and the impact of the COVID-19 pandemic are factors that may limit the global warehouse management system market growth over the forecast period. 

 

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Market Segmentation 

 

The MRFR report highlights an inclusive segmental analysis of the global warehouse management system market based on application and type. 

 

By type, the global warehouse management system market is segmented into operations and maintenance, system integration, consulting, and software. Of these, the software segment will lead the market over the forecast period for the increasing awareness of WNS software among SMEs coupled with the surging adoption of cloud-based WMS software solutions.

 

By application, the global warehouse management system market is segmented into retail, transportation and logistics, pharmaceutical, electronics, and others. The others segment include personal care, automotive, and food & beverage. Of these, the food and beverage segment will spearhead the market over the forecast period for the growing consumer demand for food and beverages and the rising implementation in warehousing facilities. 

 

Regional Analysis 

By region, the warehouse management system market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Among these, Europe will have the lions share in the market over the forecast period. Rising awareness about cloud-based warehouse management systems and advances in warehouse management systems are adding to the global warehouse management system market growth in the region. 

 

In North America, the warehouse management system market will have healthy growth over the forecast period. The presence of big companies with distribution operations and global warehousing, and wide networks of 3PL companies are adding to the global warehouse management system market growth in the region. 

 

In the APAC region, the warehouse management system market is predicted to have sound growth over the forecast period. Rapid growth in the e-commerce sector coupled with demand for extended WMS solutions for supporting in-store inventory, cloud integration, and order management are adding to the global warehouse management system market growth in the region. Indonesia, Australia, Japan, India, and China have the utmost share in the market. 

 

In the Rest of the World, the warehouse management system is predicted to have steady growth over the forecast period. 

 

Key Players

Leading contenders profiled in the global warehouse management system market report include Synergy Logistics Ltd (U.K.), Softeon Inc .(U.S.), Made4net LLC (U.S.), LogFire Inc. (U.S.), JDA Software Group Inc. (U.S.), SAP SE (Germany), Tecsys Inc. (Canada), Manhattan Associates Inc. (U.S.), Oracle Corporation (U.S.), and HighJump Software (U.S.), among others. 

 

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Phone: +1646 845 9312

Email: sales@marketresearchfuture.com 

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