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Global warehouse management system market is expected to grow from US$ 2,608.5 Mn in 2018 to US$ 9,332.6 Mn by 2027 at a CAGR of 15.6% between 2019 and 2027. The global warehouse management system market for the industry vertical is fragmented into manufacturing, automotive, food & beverages, healthcare, retail & e-commerce, and others. The segmentation is based upon need for warehouse management system for real-time tracking of location of the goods in the facilities. Retail and ecommerce in the warehouse management system market have acquired the prominent share in 2018, followed by automotive, and manufacturing. Retail and ecommerce warehouses are the major contributors owing to the customers like Amazon.
Widespread development of regional distribution facilities, especially in developing regions is expected to provide the WMS market with noteworthy growth opportunities in the coming years. However, the manufacturing and automotive industries are also initiating the adoption of warehouse management system for multiple reasons. The bolstering sales in the e-commerce and the rising demand for efficient solutions to meet the Omni-channel fulfilment demands has significantly driven alterations to the logistics and warehousing industry. This has further encouraged the WMS solution and services providers to improvise their offerings in terms of scalability, flexibility and cost effectiveness.
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Leading Players In Warehouse Management System Market:
1. International Business Machines Corporation
2. PSI Software AG
3. SAP SE
4. Epicor Software Corporation
5. Oracle Corporation
6. JDA Software Group, Inc
7. Infor INC.
8. Manhattan Associates
9. PTC, Inc.
10. TECSYS Inc.
The report focuses on an in-depth segmentation of this market based by component, implementation, tier type and, industry vertical. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By industry vertical segment retail & e-commerce accounted for the largest share of the warehouse management system market in 2018; whereas, Asia Pacific region is expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of the global warehouse management system market with detailed market segmentation. Also, it analyzes the current warehouse management system market scenario and forecasts the market till 2027. The report covers market dynamics affecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
Based on the industry verticals, the warehouse management system market is largely driven by expanding warehouses in the Asia Pacific and Middle Eastern region and the increased ability of the small and medium enterprises to invest into tier 2 and tier 3 WMS software. However, rapidly evolving complications in the warehousing industry tend to create a challenging environment for the warehouse management market players.
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