Press release
Global Warehouse Management System Market growing at Excellent CAGR of 14.5% by 2024 with top competitors Epicor Software, JDA Software, Manhattan Associates, Oracle, SAP, IBM, Infor, PSI Software AG, TECSYS, BluJay Solutions, HighJump, Made4Net, Microlis
Global Warehouse Management System Market
According to the report, global demand for Warehouse Management System was valued at approximately USD 1.4 billion in 2016 and is expected to reach around at a CAGR of 14.5% between 2017 and 2024.
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The Warehouse Management System market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Warehouse Management System market for global, Europe, North America, Asia Pacific and South America.
Major competitors: Epicor Software Corp., JDA Software Group, Inc., Manhattan Associates, Inc., Oracle Corp., SAP SE, IBM Corp., Infor, Inc., PSI AG, PTC Inc., Tecsys Inc., Vinculum Solutions Pvt. Ltd. among others. In 2017, Blujay Solutions, Highjump, Made4net, Microlistics Pty. Ltd., Epicor Software Corp ERP system is selected by TEKCO for ongoing system support.
Market Segmentation:
The transportation & logistics market is expected to grow in the forecasted period.
Market segment on basis of Regions/Countries Regions/Countries
• North America & South America,
• Europe,
• Asia-Pacific, and
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
On the basis of management system the warehouse management system market is segmented into
• Robotic System,
• Automated Guided Vehicle (AGV),
• Automated Storage and Retrieval System (ASRS),
• Automated Crane,
• Automated Conveyor and Sortation System
The AGV market is expected to grow in the forecasted period.
On the basis of end-user the warehouse management system market is segmented into
• Automotive,
• Electronics,
• Food & beverage,
• Transportation & logistics,
• Pharmaceutical, Others
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Major market drivers and restraints
• Increasing use of external data sources.
• Increasing adoption of data-driven decision-making.
• Rapid adoption of advanced analytics and visualization.
• The varying structure of regulatory policies.
• Improper implementation of security protocols may cause data and security theft.
• Increasing volume and variety of business data.
Scope of Report:
• CAGR of the market during the forecast period 2018-2024
• Detailed information on factors that will accelerate the growth of the Warehouse Management System market in upcoming years
• Precise estimation of the global Warehouse Management System market size, share and its contribution to the Global Warehouse Management System market
• Accurate predictions on upcoming trends and changes in consumer behaviour
• Growth of the Warehouse Management System industry across various geographies such as the North America Europe, Asia-Pacific, South America and Middle East & Africa.
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of Warehouse Management System manufacturers
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Sopan gedam
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
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