Warehouse Management System Market 2023 - By Industry Size, Future Trends, Key Insights, Business Strategies And Outlook By 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Warehouse Management System Global Market Report 2023 identifies increase in demand from e-commerce companies for larger warehouses with better tracking and forecasting as the major driver for the Warehouse Management System market's growth in the forecast period. The growing e-commerce industry requires continuous tracking of all the equipment and inventory forecasting to keep up with demand and maintain large cargo movement.

The global warehouse management system market size will grow from $2.74 billion in 2022 to $3.15 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global warehouse management system is expected to grow to $5.5 billion in 2027 at a CAGR of 15.0%.

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Major competitors in the Warehouse Management System market are Manhattan Associates, Oracle Corp., Infor, PTC, SAP SE, PSI Logistics GmbH, IBM Corp., Tecsys, Blue Yonder.

A key trend in the Warehouse Management System market includes technological advancement. Technological advancement is the discovery of knowledge that advances technology. For instance, in May 2020, a US-based provider of technology solutions for distribution centers launched the Manhattan Active Warehouse Management solution, which marks the world's first cloud-native enterprise-class warehouse management system (WMS). The new warehouse management system unifies every aspect of distribution and contains unified control, which allows management team members to quickly visualize, diagnose, and take action anywhere in their supply chain.

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The Warehouse Management System market is segmented -

• By Offering: Software, Services
• By Deployment: On Premises, Cloud
• By Function: Labor Management System, Analytics And Optimization, Billing And Yard Management, Systems Integration And Maintenance
• By Application: Transportation And Logistics, Healthcare, Retail, Manufacturing, Food And Beverage, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Warehouse Management System market.

The Business Research Company's "Global Warehouse Management System Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Warehouse Management System Market Include:

1. Executive Summary
2. Warehouse Management System Market Characteristics
3. Warehouse Management System Market Trends And Strategies
4. Warehouse Management System Market - Macro Economic Scenario
5. Warehouse Management System Market Size And Growth
……………………………………….
26. Africa Warehouse Management System Market
27. Warehouse Management System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Warehouse Management System Marke
29. Warehouse Management System Market Future Outlook and Potential Analysis
30. Appendix

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