The global warehouse management system (WMS) market size is
expected to reach USD 5.72 billion by 2025, according to a new report by Grand
View Research, Inc., progressing at a CAGR of 16.3% during the forecast period.
Growing transition towards cloud-based management systems in the warehouse
industry is anticipated to boost the demand for WMS based on the
Software-as-a-Service (SaaS) model.
Advancements in cloud-based technologies are estimated to fuel the
adoption of WMS software irrespective of the size and complexity of the
organization where these solutions are used. Surging demand for cloud-based
systems can primarily be attributed to medium and small-sized businesses that
do not require implementation of advanced warehouse technologies and high-speed
automation.
Larger organizations are also switching to cloud-based warehouse
management systems as it allows organizations to offload exhausting tasks such
as maintenance, infrastructure administration, and timely upgrades, among other
tasks that are carried out on the on-premise software. Cloud enables businesses
running on conventional on-premise technologies to transit to a platform that
will support and cater to their clients’ needs more efficiently. Low upfront
cost and shorter implementation time are key factors that are encouraging
companies to move toward cloud-based systems.
The drive toward automation is high-paced where manufacturers are
focusing on computerization of majority activities while suppliers are
developing WMS solutions to support market demand. Demand for custom warehouse
management and supply chain operation solutions is poised to grow over time and
drive the market.
Full research report on warehouse management system
(WMS) market analysis: https://www.grandviewresearch.com/industry-analysis/warehouse-management-system-wms-market
Further key findings from the report suggest:
·
The cloud-based segment is expected to witness
a high growth owing to numerous functionalities that cloud-based WMS offers
over the traditional on-premise WMS. The segment is estimated to account for
just over 55.0% of the overall revenue by 2025
·
The transportation & logistics segment
is projected to rise at the highest CAGR of about 18.0% from 2018 to 2025. This
may be attributed to soaring need for technologically advanced warehouse
management systems that can help logistics companies to keep their operations
aligned with the ever-demanding market
·
The Asia Pacific WMS market is likely to
experience the fastest growth during the forecast period, due to high influx of
e-commerce players in the region
·
Some of the key players in the market are
Manhattan Associates, Oracle, HighJump, SAP SE, Synergy Ltd., Tecsys, Reply,
Epicor Software Corporation, and PSI Logistics GmbH
View more reports
of this category by Grand View Research at:
https://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
Grand View Research has segmented the warehouse management system (WMS)
market based on component, deployment, function, application, and region.
WMS Component
Outlook (Revenue, USD Million, 2014 - 2025)
·
Software
·
Services
WMS Deployment
Outlook (Revenue, USD Million, 2014 - 2025)
·
On-Premise
·
Cloud
WMS Function
Outlook (Revenue, USD Million, 2014 - 2025)
·
Labor Management System
·
Analytics & Optimization
·
Billing & Yard Management
·
Systems Integration & Maintenance
·
Consulting Services
WMS Application
Outlook (Revenue, USD Million, 2014 - 2025)
·
Transportation & Logistics
·
Retail
·
Healthcare
·
Manufacturing
·
Food & Beverage
·
Others
WMS Regional
Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o Germany
o U.K.
·
Asia Pacific
o China
o India
o Japan
·
South America
o Brazil
·
Middle East and Africa
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-warehouse-management-system-wms-market
https://www.grandviewresearch.com/press-release/global-warehouse-management-system-wms-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
