Warehouse Management System Market Outlook Top Companies, Trends, Growth Factors Details by Regions, Types and Applications 2028

The "Warehouse Management System Market" size is expected to grow from US$ 14,517.07 million in 2022 to US$ 51,360.23 million by 2030; it is estimated to register a CAGR of 17.3% from 2023 to 2030.

A warehouse management system can be defined as a software program designed and developed to facilitate the ease of real-time tracking of the location of the goods within a warehouse. This software provides an enhanced potential for handling operations at a warehouse or distribution center. Its critical capabilities comprise stock locating, order receiving, inventory management, order picking, task interleaving, cycle counting, order allocation, labor management, packing, replenishment, and shipping. Over the past couple of years, the warehouse management system market has witnessed tremendous transformation in terms of handling complicated warehouse infrastructures and their total cost of ownership. With the implementation of cloud-based WMS solutions and services, the total cost of ownership has reduced remarkably.

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Companies Profiled in this report includes:

• Panasonic Corporation
• IBM Corporation
• SAP SE
• Epicor Software Corporation
• Softeon
• Infor
• Manhattan Associates
• PTC Inc.
• Tecsys, Inc.
• Oracle Corporation

Impact of COVID-19 Pandemic on North America Warehouse Management System Market Growth

The enactment of lockdowns and travel restrictions, the shutdown of production facilities, and the disruption in the supply chain adversely affected major players' performances in North America's warehouse management system market. Notably, the retail and e-commerce industry in the US witnessed the most severe impact of the COVID-19 pandemic in 2020 through labor shortage, suspension, and cancellation of projects. It disrupted supply and logistics, creating a negative short-term impact on the North America warehouse management system market size. However, due to increasing warehouse facilities and growing investments in renovation and replacement of godowns, there is a growing demand for WMS in the region. The market is also driven by the reopening of manufacturing and automotive operations and the ever-increasing number of extensive plans for infrastructure development, creating ample growth opportunities for the warehouse management system market growth.

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Warehouse Management System Market Segmentation:

By Component:
• Hardware
• Software
• Services

By Tier Type:
• Advance (Tier 1)
• Intermediate (Tier 2)
• Basic (Tier 3)

By Industry:
• Manufacturing
• Automotive
• Food and Beverages
• Electrical and Electronics
• Healthcare
• Retail and E-commerce

The overall warehouse management system market has been derived using both primary and secondary sources. To begin the warehouse management system market analysis, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the warehouse management system market. The process also serves the purpose of obtaining an overview and market forecast of the market growth with respect to all market segments. Also, multiple primary interviews with industry participants and commentators have been conducted to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants-such as valuation experts, research analysts, and key opinion leaders-specializing in the warehouse management system market.

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