Press release
Warehouse Management System Market is under high growth and estimated to reach upto 2.45 Billion USD by 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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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 global warehouse management system market as type and end-user.
By Service Type
Software
Consulting
System integration
Operations & Maintenance
By Application
Electronics
Pharmaceuticals
Transportation & logistics
Retail
Others
Key Players
The key players of global warehouse management system market report include 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.), and Synergy Logistics Ltd (U.K.)
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