Warehouse Management System Market Study Reveals Growth Factors and Competitive Outlook for Future

Press Release

Global Warehouse Management System Industry was valued at USD 43.70 Billion in the year 2018. Global Warehouse Management System Industry is further estimated to grow at a CAGR of 7.6% from 2018 to 2025 to reach USD 78 Billion. The growth of this Industry can be attributed to the growth in the e-commerce industry, emerging multichannel distribution channels, globalization of supply chain networks, increased adoption of on-cloud WMS solutions, and rising need for efficient forecasting models. The base year considered for the study is 2018, and the forecast period considered is from 2019 to 2025. The report provides detailed information regarding the major factors influencing Industry growth.

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The e-commerce industry is expected to witness a high growth in the coming years owing to the increasing number of online shoppers. E-commerce sales in APAC is likely to be the twice the size of that in Western Europe and North America combined in 2020. Increasing number of online channels is influencing consumer buying behavior. Companies operating in the fast-paced e-commerce industry need to accelerate their order fulfillment and shipping processes to maintain a competitive edge in the industry. A significant shift in consumers’ purchasing behavior has resulted in the increased implementation of real-time WMS software solutions for efficient order processing, picking, packaging, shipment tracking, and route planning. Warehouse Management System helps companies quickly adapt to the changing customer requirements in the e-commerce and online shopping space. Further, the implementation of Warehouse Management System helps in managing warehouses at an optimum level, with increased productivity and efficiency of warehouse operations and reduced product delivery time.

Major market players in WMS Industry are SAP (Germany), Epicor Software (US), JDA Software (US), Manhattan Associates (US), Oracle (US) were the major players in the warehouse management system market. Other players in the warehouse management system market include IBM (US), Infor (US), PSI (Germany), PTC (US), Blujay Solutions (UK), Tecsys (Canada), HighJump (US).

SWOT Analysis
Drivers
*Growth in e-commerce industry
*Emergence of multichannel distribution network
*Globalizzation of supply chain networks
*Increasing adoption of on-cloud WMS solutions
*Need for efficient forecasting models
Restraints
*High implementation cost of on-premise WMS for SMEs
*Data privacy and secuity concerns
Opportunities
*Digitization of supply chain management
*Rising investment of multinational companies in emerging economies
Challenges
*Lack of awareness about benefits of WMS among small-scale industries
*Constant need for software upgrades

Warehouse Management System Industry Segmentation:
Warehouse Management System Industry Overview, by Offering:
*Software
*Services
Warehouse Management System Industry Overview, by Deployment
*On-cloud
*On-premise
Warehouse Management System Industry Overview, by Tier Type
*Advanced (Tier 1)
*Intermediate (Tier 2)
*Basic (Tier 3)

Warehouse Management System Industry Overview, by Region
North America
USA
Canada
Europe
Germany
U.K.
France
Italy
Rest of Europe
APAC
China
India
Japan
Rest of Asia-Pacific
RoW
Latin America
Middle East & Africa

The e-commerce industry is expected to witness a high growth in the coming years owing to the increasing number of online shoppers. E-commerce sales in APAC is likely to be the twice the size of that in Western Europe and North America combined in 2020. Increasing number of online channels is influencing consumer buying behavior. Companies operating in the fast-paced e-commerce industry need to accelerate their order fulfillment and shipping processes to maintain a competitive edge in the industry. A significant shift in consumers’ purchasing behavior has resulted in the increased implementation of real-time WMS software solutions for efficient order processing, picking, packaging, shipment tracking, and route planning. Warehouse Management System helps companies quickly adapt to the changing customer requirements in the e-commerce and online shopping space. Further, the implementation of Warehouse Management System helps in managing warehouses at an optimum level, with increased productivity and efficiency of warehouse operations and reduced product delivery time.

Major market players in WMS Industry are SAP (Germany), Epicor Software (US), JDA Software (US), Manhattan Associates (US), Oracle (US) were the major players in the warehouse management system market. Other players in the warehouse management system market include IBM (US), Infor (US), PSI (Germany), PTC (US), Blujay Solutions (UK), Tecsys (Canada), HighJump (US).

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SWOT Analysis
Drivers
*Growth in e-commerce industry
*Emergence of multichannel distribution network
*Globalizzation of supply chain networks
*Increasing adoption of on-cloud WMS solutions
*Need for efficient forecasting models
Restraints
*High implementation cost of on-premise WMS for SMEs
*Data privacy and secuity concerns
Opportunities
*Digitization of supply chain management
*Rising investment of multinational companies in emerging economies
Challenges
*Lack of awareness about benefits of WMS among small-scale industries
*Constant need for software upgrades

Warehouse Management System Industry Segmentation:
Warehouse Management System Industry Overview, by Offering:
*Software
*Services
Warehouse Management System Industry Overview, by Deployment
*On-cloud
*On-premise
Warehouse Management System Industry Overview, by Tier Type
*Advanced (Tier 1)
*Intermediate (Tier 2)
*Basic (Tier 3)

Warehouse Management System Industry Overview, by Region
North America
USA
Canada
Europe
Germany
U.K.
France
Italy
Rest of Europe
APAC
China
India
Japan
Rest of Asia-Pacific
RoW
Latin America
Middle East & Africa

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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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