Warehouse Management System Market to Provide USD 2.45 Billion at CAGR of around 14% by 2022
Jul 4, 2017
Global Warehouse Management System (WMS) Market Information by Service Type (Software, Consulting, System integration, and Operations & Maintenance), by Application (Electronics, Pharmaceutical, Transportation & logistics, Retail, and Others) and by Region - Forecast to 2022
Pune, India - July 3, 2017 /MarketersMedia/ —
Market Highlights
Market Research Future published a Half Cooked Research Report on Warehouse Management System Market. The Global 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.
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.
Key Players:
The key players of Global Warehouse management system (WMS) 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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Market Research Analysis:
The market is highly application based. The factors contributing to the growth of the warehouse management system market are, continuously growing end-use industries such as retail, logistics, electronics & others, and emergence of e-commerce and Omni-channel fulfillment requirements. The market is expected to have a higher growth rate as compared to the previous years. Europe is the largest region for the warehouse management system market.
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.
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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
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact Info:
Name: Akash Anand
Email: [email protected]
Organization: Market Research Future (MRFR)
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: +1 646 845 9312
For more information, please visit https://www.marketresearchfuture.com/reports/warehouse-management-system-market-2028
Source: MarketersMedia
Release ID: 213710
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