Press release
14% CAGR Projection for Warehouse Management System (WMS) Market : Expert Research on Current Scenario, Market Analysis, Product Analysis & Regional Analysis from 2018 To 2022
Market HighlightsMarket research future published a half cooked research report on global Warehouse Management System market. The Warehouse Management System market is expected to grow over the CAGR of around 14% during the period 2016 to 2022
A warehouse management system (WMS) is a software application, designed to support warehouse or distribution center management and staff. WMS applications can be so complex and data intensive that they require a dedicated staff to run them. Consumers have been increasingly diverted toward online shopping owing to the vast benefits the platform presents, which increase the retail sector and have positive impact on warehouse management system market. Continuously growing end use industries are also adding to the market growth. Also, several WMS vendors started providing labor management systems which boost the demand of this market. However, lack of awareness about the benefits of the system may hamper the growth of this market. On the basis of region, Europe has both the highest market value and volume. Asia-Pacific region is expected to grow at the fastest pace during the forecast period. The warehouse management system market size was valued at around USD 1.15 Billion in 2015 and is expected to cross USD 2.45 Billion at CAGR of around 14% by 2022.
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Market Research Analysis
The market is highly application based. The factors contributing to the growth of the warehouse management system market are, continuously growing end-use industries such as retail, logistics, electronics & others, and emergence of e-commerce and Omni-channel fulfillment requirements. The market is expected to have a higher growth rate as compared to the previous years. Europe is the largest region for the warehouse management system market.
Scope of the Report
This study provides an overview of the global warehouse management system market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the
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Global warehouse management system market as type and end-user.
By Service Type
o Software
o Consulting
o System integration
o Operations & Maintenance
By Application
o Electronics
o Pharmaceuticals
o Transportation & logistics
o Retail
o Others
Key Players
HighJump Software (U.S.)
Oracle Corporation (U.S.)
Manhattan Associates Inc. (U.S.)
Tecsys Inc. (Canada)
SAP SE (Germany)
JDA Software Group Inc. (U.S.)
LogFire Inc. (U.S.)
Made4net LLC (U.S.)
Softeon Inc.(U.S.)
Synergy Logistics Ltd (U.K.)
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