Press release
Warehouse Execution System Market 2022 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Softeon, Westfalia Technologies Inc, Fortna Inc, Honeywell International Inc., Manhattan Associates Inc
Warehouse Execution System Market
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The global warehouse execution system market report by the business research company identifies rising growth of the e-commerce sector owing to the pandemic propels to be a major growth driver for the warehouse execution system market. E-commerce (electronic commerce) refers to the purchasing and selling of goods and services, along with the transmission of payments and data, over an electronic network, primarily on the internet. A warehouse execution system helps E-commerce by managing, optimizing, and directing the physical work processes such as picking, receiving, and replenishment in a warehouse or distribution center. For instance, according to the US Department of Commerce, the executive department of the U.S. federal government, concerned with economic growth and opportunity, in the first quarter of 2022, retail e-commerce sales increased by 2.4 % as compared to the first quarter of the previous year, 2021, which was valued at $250.0 billion. Therefore, the rising growth of the e-commerce sector owing to the pandemic is driving the growth of the warehouse execution system market.
The global warehouse execution system market size is expected to grow from $1.43 billion in 2021 to $1.64 billion in 2022 at a compound annual growth rate (CAGR) of 14.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The warehouse execution system market is expected to grow to $2.83 billion in 2026 at a compound annual growth rate (CAGR) of 14.6%.
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Western Europe was the largest region in the warehouse execution system market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the warehouse execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the warehouse execution system market are Softeon, Westfalia Technologies Inc, Fortna Inc, Honeywell International Inc., Manhattan Associates Inc, Matthews Automation Solutions, Bastian Solutions LLC, SSI Schaefer Group, Invata Intralogistics, Tompkins International, Zethcon Corporation, Infor, BluJay Solutions, PTC Inc and Swisslog.
The global Warehouse Execution System market is segmented -
1) By Component: Software, Service
2) By Deployment: On-Premises, Cloud
3) By End User: Consumer Electronics, Healthcare, Food and Beverages, Automotive, Third-Party Logistics (3PL), Other End Users
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The Warehouse Execution System Market Report Contents Include
1. Executive Summary
2. Warehouse Execution System Market Characteristics
3. Warehouse Execution System Market Trends And Strategies
4. Warehouse Execution System Market - Macro Economic Scenario
5. Warehouse Execution System Market Size And Growth
....
27. Warehouse Execution System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Warehouse Execution System Market
29. Warehouse Execution System Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Warehouse Execution System market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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