Warehouse management systems (WMS) market is anticipated to grow at a considerable CAGR of 14.1% during the forecast period. The growth of the market is attributed to factors such as increasing demand for efficient warehouse operations, a rising e-commerce industry, and technological advancements such as the adoption of artificial intelligence (AI) and the Internet of Things (IoT) in warehouse management systems. Additionally, the growing complexity of warehouse inventory management, coupled with new and innovative solutions offered by the key market players, is anticipated to drive market growth. For instance, in April 2021, Honeywell launched a new software-as-a-service offering of its Warehouse Management System (WMS) for warehouses, distribution centres, and e-commerce fulfilment centres in Southeast Asia. The scalable, cloud-based WMS system is designed to plug-and-play with marketplaces that are integrated with existing systems and connected to top e-commerce platforms and courier services in the region. This new SaaS offering is suitable for customers seeking to start warehouse management solutions that can integrate with major marketplaces and couriers, handle SKUs and orders, improve picking and sorting efficiency, and improve order accuracy.
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The global warehouse management systems market is segmented based on its component, deployment, function, and application. Based on component, the market is segmented into software and services. Based on the deployment, the market is categorised into on-premise and cloud. Further, based on function, the market is segmented into labour management systems, analytics and optimisation, billing and yard management, systems integration and maintenance, and consulting services. Lastly, based on the application, the market is segmented into transportation and logistics, retail, healthcare, manufacturing, food and beverage, and others. Among the deployments, the cloud sub-segment is anticipated to have significant growth owing to increased digitalization in warehouse management among warehouses.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Warehouse Management Systems Market by Component
- Software
- Services
Global Warehouse Management Systems Market by Deployment
- On-Premises
- Cloud
Global Warehouse Management Systems Market by Function
- Labor Management System
- Analytics and Optimization
- Billing and Yard Management
- Systems Integration and Maintenance
- Consulting Services
Global Warehouse Management Market by Application
- Transportation and Logistics
- Retail
- Healthcare
- Manufacturing
- Food and Beverage
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- 3PL Central LLC
- Blue Yonder Group, Inc.
- Fishbowl
- HighJump Software Inc.,
- Infor Inc
- Körber Supply Chain GmbH
- Made4net
- Manhattan Associates, Inc.,
- PSI Logistics GmbH
- Reply S.p.A.
- SAP SE,
- Softeon, Inc.
- Synergy Ltd
- Tecsys Inc
- Unicommerce eSolutions Pvt. Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global warehouse system management market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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