Technology & Telecommunications

According to a market report by Lucintel, the future of the global warehouse management system market looks promising with opportunities in the transportation & logistic, retail, healthcare, manufacturing, and food & beverage markets. The global warehouse management system market is expected to reach an estimated $8.1 billion by 2028 with a CAGR of 16.1% from 2023 to 2028. The major drivers for this market are increasing trend of e-commerce and online buying among consumers, rapid growth of digitalization, and growing demand for cloud WMS solutions.



In this market, on-premises and cloud are two segments of warehouse management system market by deployment. Lucintel forecasts that cloud will remain the larger segment over the forecast period because it delivers real-time data transfer to support quick operations and also helps in reducing the companies' upfront costs along with increasing warehouses' efficiency drastically.



Within this market, transportation & logistics is expected to remain largest segment due to increased disposable income levels of consumers, growing adoption of e-commerce portals, and rapid adoption of WMS by the logistics and supply chain companies to improve the warehouse efficiency as well as productivity. 



APAC will remain the highest growing region during the forecast period due to increasing acceptance of multi-channel warehouse management systems in the region.

EPICOR, Körber AG (HighJump), Infor, Made4net, Manhattan Associates, Oracle, PSI Logistics, SAP, Softeon, and Tecsys are the major suppliers in the global warehouse management system market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global warehouse management system market by component, deployment, function, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Warehouse Management System Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global warehouse management system market by component, deployment, function, application, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the warehouse management system market by component (software and services), deployment (on-premises and cloud), function (labor management system, analytics & optimization, billing & yard management, systems integration & maintenance, and consulting services), application (transportation & logistics, retail, healthcare, manufacturing, food & beverages, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity did occur in the last five years and how did they impact the industry?