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Warehouse Management System Market Trends and Forecast

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.
Warehouse Management System Market by Component, Deployment, Function, and Application

A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below. 
Warehouse Management System Market by Segments

Warehouse Management System Market by Segment

The study includes trends and forecast for the global warehouse management system market by component, deployment, function, application, and region, as follows:

Warehouse Management System Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Software
  • Services
  •  

Warehouse Management System Market by Deployment [Value ($B) Shipment Analysis from 2017 to 2028]:

  • On-Premises
  • Cloud

Warehouse Management System Market by Function [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Labor Management System
  • Analytics & Optimization
  • Billing & Yard Management
  • Systems Integration & Maintenance
  • Consulting Services

Warehouse Management System Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Transportation & Logistics
  • Retail
  • Healthcare
  • Manufacturing
  • Food & Beverage
  • Others

Warehouse Management System Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Warehouse Management System Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, warehouse management system companies in the global market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the warehouse management system companies in the global market profiled in this report include-
  • EPICOR
  • Körber AG (HighJump)
  • Infor
  • Made4net
  • Manhattan Associates
  • Oracle
  • PSI Logistics
  • SAP
  • Softeon
  • Tecsys 

Warehouse Management System Market Insights

  • 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.

Features of the Warehouse Management System Market

  • Market Size Estimates: Warehouse management system market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Warehouse management system market size by various segments, such as by component, deployment, function, application, and region
  • Regional Analysis: Warehouse management system market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by component, deployment, function, application, and regions for the warehouse management system market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the warehouse management system market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the warehouse management system market size?
Answer: The global warehouse management system market is expected to reach an estimated $8.1 billion by 2028.
Q2. What is the growth forecast for warehouse management system market?
Answer: The global warehouse management system market is expected to grow with a CAGR of 16.1% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the warehouse management system market?
Answer: 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.
Q4. What are the major segments for warehouse management system market?
Answer: The future of the global warehouse management system market looks promising with opportunities in the transportation & logistic, retail, healthcare, manufacturing, and food & beverage markets.
Q5. Who are the key warehouse management system companies?
Answer: Some of the key warehouse management system companies are as follows:
  • EPICOR
  • Körber AG (HighJump)
  • Infor
  • Made4net
  • Manhattan Associates
  • Oracle
  • PSI Logistics
  • SAP
  • Softeon
  • Tecsys 
Q6. Which warehouse management system segment will be the largest in future?
Answer: 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.
Q7. In warehouse management system market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the highest growing region during the forecast period due to increasing acceptance of multi-channel warehouse management systems in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

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?

For any questions related to warehouse management system market or related to warehouse management system companies, warehouse management system market size, warehouse management system market share, warehouse management system analysis, warehouse management system market growth, warehouse management system market research, warehouse management systems market, WMS trends, WMS report, WMS market size, WMS market, WMS software market, WMS market share, WMS industry, warehouse management software market, warehouse management system industry, report on warehouse management, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Warehouse Management System Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 
 
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Warehouse Management System Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Warehouse Management System Market by Component
3.3.1: Software
3.3.2: Services
3.4: Global Warehouse Management System Market by Deployment
3.4.1: On-Premises
3.4.2: Cloud 
3.5: Global Warehouse Management System Market by Function 
3.5.1: Labor Management System
3.5.2: Analytics & Optimization
3.5.3: Billing & Yard Management
3.5.4: Systems Integration & Maintenance
3.5.5: Consulting Services
3.6: Global Warehouse Management System Market by Application 
3.6.1: Transportation & Logistics
3.6.2: Retail
3.6.3: Healthcare
3.6.4: Manufacturing
3.6.5: Food & Beverage
3.6.6: Others
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Warehouse Management System Market by Region
4.2: North American Warehouse Management System Market 
4.2.1: North American Warehouse Management System Market by Deployment: On-Premises and Cloud 
4.2.2: North American Warehouse Management System Market by Application: Transportation & Logistics, Retail, Healthcare, Manufacturing, Food & Beverages, and Others
4.3: European Warehouse Management System Market  
4.3.1: European Warehouse Management System Market by Deployment: On-Premises and Cloud
4.3.2: European Warehouse Management System Market by Application: Transportation & Logistics, Retail, Healthcare, Manufacturing, Food & Beverages, and Others
4.4: APAC Warehouse Management System Market  
4.4.1: APAC Warehouse Management System Market by Deployment: On-Premises and Cloud
4.4.2: APAC Warehouse Management System Market by Application: Transportation & Logistics, Retail, Healthcare, Manufacturing, Food & Beverages, and Others
4.5: ROW Warehouse Management System Market  
4.5.1: ROW Warehouse Management System Market by Deployment: On-Premises and Cloud
4.5.2: ROW Warehouse Management System Market by Application: Transportation & Logistics, Retail, Healthcare, Manufacturing, Food & Beverages, and Others
 
5. Competitor Analysis  
5.1: Product Portfolio Analysis  
5.2: Operational Integration  
5.3: Porter’s Five Forces Analysis   
 
6. Growth Opportunities and Strategic Analysis  
6.1: Growth Opportunity Analysis   
6.1.1: Growth Opportunities for the Warehouse Management System Market by Component
6.1.2: Growth Opportunities for the Warehouse Management System Market by Deployment
6.1.3: Growth Opportunities for the Warehouse Management System Market by Function
6.1.4: Growth Opportunities for the Warehouse Management System Market by Application 
6.1.5: Growth Opportunities for the Warehouse Management System Market by Region
6.2: Emerging Trends in the Global Warehouse Management System Market   
6.3: Strategic Analysis   
6.3.1: New Product Development   
6.3.2: Capacity Expansion of the Global Warehouse Management System Market   
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Warehouse Management System Market   
6.3.4: Certification and Licensing   
 
7. Company Profiles of Leading Players  
7.1: EPICOR
7.2: Körber AG (HighJump)
7.3: Infor
7.4: Made4net
7.5: Manhattan Associates
7.6: Oracle
7.7: PSI Logistics
7.8: SAP
7.9: Softeon
7.10: Tecsys 
 
.

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Full Report: Warehouse Management System Market: Trends, Opportunities and Competitive Analysis [2023-2028] Full Report $ 4,850
150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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