The global warehouse management systems (WMS) market is anticipated to grow at a considerable CAGR of 14.1% during the forecast period. Warehouse management systems are software applications that help businesses manage and control warehouse operations efficiently. The growth of the market is attributed to the expansion of e-commerce and the growing complexity of supply chains. With the growth of online retail sales, globalisation, and increased international trade, the demand for warehouse management systems has increased enormously. Accordingly, the market players have been actively introducing new and advanced solutions to cater to the growing demand of consumers and to remain competitive in the market. For instance, in April 2023, Stord, announced Stord One Warehouse, a modern, cloud-based Warehouse Management System (WMS) that's as flexible as it is easy to use, helping operators achieve greater efficiency and productivity in their B2B and DTC fulfilment facilities.
Browse the full report description of “Warehouse Management Systems Market Size, Share & Trends Analysis Report by Component (Software and Services), by Deployment (On-premise and Cloud), by Function (Labor Management System, Analytics and Optimization, Billing and Yard Management, Systems Integration and Maintenance, Consulting Services), and by Application (Transportation & Logistics, Retail, Healthcare, Manufacturing, Food & Beverage, Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/warehouse-management-systems-market
Additionally in May 2023, Nigerian launched a new warehouse and inventory management software that will enable small and e-commerce businesses to deliver to their customers. SHiiP takes away the burden of sourcing for storage space from businesses by providing storage and logistics infrastructure and also managing the end-to-end order fulfilment process, thereby making it easier for businesses to grow their operations to new regions without owning a storage facility.
The adoption of warehouse management systems enables organisations to optimise inventory management, that helps streamline order fulfilment processes and enhances the efficiency of the overall warehouse.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Component
o By Deployment
o By Function
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes HighJump Software Inc., Infor Inc, Körber Supply Chain GmbH, Made4net, Manhattan Associates, Inc., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Warehouse Management System Market Report Segment
By Component
By Deployment
By Function
By Application
Global Warehouse Management System Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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