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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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Warehouse Management Systems Market Segmentation
By Component
- Software
- Services
By Deployment
- On-Premises
- Cloud
By Function
- Labor Management System
- Analytics and Optimization
- Billing and Yard Management
- Systems Integration and Maintenance
- Consulting Services
By Application
- Transportation and Logistics
- Retail
- Healthcare
- Manufacturing
- Food and Beverage
- Others
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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.
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