The Global Warehouse Management System Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
The global warehouse management system market size reached USD 3.06 Billion in 2021 and is expected to register a revenue CAGR of 15.5% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for cloud-based warehouse management systems due to growth of the e-commerce industry is driving market revenue growth.
The Warehouse Management System (WMS) is a software that enables companies to efficiently manage their warehouse operations through a set of pre-defined processes. The entire functioning of the warehouse management system includes everything from inventory management, auditing, to picking up goods and materials. Companies are currently implementing warehouse management systems extensively into their work processes to obtain maximum visibility into their inventory in real time, which enables them to make better-informed decisions and thus, improve the overall efficiency of business operations.
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Increasing demand for managed services is driving growth of warehouse management systems. Managed services are responsibilities and tasks that are handled by a third party, and they assist companies in significantly lowering operational costs and improving product service quality. A managed service provider is responsible for the functionality of the service or equipment, which is managed under a Service Level Agreement (SLA). Organizations outsource the responsibility for maintaining and anticipating the need for a variety of processes and functions to improve operations and cut overall costs.
The report also discusses key players involved in the market, such as Amano Enzyme Inc., Enzyme Bioscience Pvt. Ltd., DuPont, Royal DSM, Biocatalysts Ltd., Novozymes, Kerry Group, Associated British Foods PLC, Puratos Group, and Chr Hansen Holding A/S. as well as new entrants in the market. The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Warehouse Management System market
Sales revenue by key players and new entrants
Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight into recent trends and opportunities
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Emergen Research has segmented the global warehouse management system market on the basis of deployment, function, application, and region:
Deployment Outlook (Revenue, USD Billion; 2019-2030)
On-Premise
Cloud
Function Outlook (Revenue, USD Billion; 2019-2030)
Labor Management System
Analytics Optimization
Billing Yard Management
Systems Integration Maintenance
Consulting Services
Application Outlook (Revenue, USD Billion; 2019-2030)
Transportation Logistics
Retail
Healthcare
Manufacturing
Food Beverage
Others
Key Highlights from the Report
Based on deployment, the cloud segment accounted for largest revenue share in 2021. Users can connect and improve every aspect of the supply chain, including inventory management, labor performance optimization, and material flow control, with a cloud-based warehouse management system.
Increasing demand for cloud-based management solutions can be attributed to their high scalability, increased reliability, and secure performance. Additionally, this management solution is extensively tested for any operational size and level of complexity.
Based on function, systems integration maintenance segment accounted for second-largest revenue share in 2021. Integration of warehouse management systems with other efficient software packages gives companies the ability to better monitor and optimize their operations.
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The report aims to provide a complete analysis of the global Warehouse Management System market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Warehouse Management System market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
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