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    Warehouse Management Systems Market Report

    Warehouse Management Systems Market Report
    Report code - SR1898 Delivery - 2 Weeks
    Warehouse management systems Market Size, Share, Trend, Forecast, & Industry Anal See more...

    Market Insights

    The warehouse management systems market was valued to grow from USD 2.8 billion in 2020 to USD 6.6 billion by 2026 at a CAGR of over 15.8% during the forecast period.

    Warehouse Management Systems Market Size

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    What are warehouse management systems?

    A Warehouse Management System (WMS) is a system that manages inventory in a warehouse. A warehouse management system (WMS) is a software application that aids in the control and management of day-to-day warehouse operations. WMS software directs inventory receipt and storage, optimizes order picking and shipping, and advises on inventory replenishment.

    COVID-19 Impact Analysis

    COVID-19 has had a significant impact on the economy and all industries. Lockdowns have been imposed by governments around the world in order to slow the spread of the epidemic. Despite the initial chaos caused by the COVID-19 pandemic, rapid growth in the e-commerce industry and increased user awareness of the benefits of WMS enabled this market to expand at a steady rate.

    Furthermore, the crisis has accelerated industry's adoption of warehouse automation tools such as WMS. Furthermore, automation will be accelerated in order to protect companies from future supply chain disruptions.

    Warehouse Management Systems Market Features

    Market Size in 2026

    USD 6.6 billion

    Market Size in 2020

    USD 2.8 billion

    Market Growth (2021-2026)

    CAGR of 15.8%

    Base Year of Study

    2020

    Trend Period

    2016-2019

    Forecast Period

    2021-2026

    Segments Covered

    By Tier Type (Advanced WMS (Tier 1), Intermediate WMS (Tier 2), Basic WMS (Tier 3)),

    By Component (Software, Services),

    By Deployment Mode (On-premise, Cloud)

    By End-use (Third Party Logistics (3PL), Automotive, Food & Beverages, Healthcare, E- commerce, Chemicals, Electricals & Electronics, Metals & Machinery, Others),

    By Region (North America, Europe, Asia Pacific, Middle East and Africa. Rest of the world).

    Dominant Region

    The Asia Pacific is estimated to be the largest market in 2020.

    Key Players

    The key players operating in the market are-

    Market Dynamics

    The market is driven by a host of factors, some of which are noted below:

    • Growth of e-commerce and omni-channel fulfilment requirements, WMS add-on module sales, labour efficiency, cost ownership advantages, and supply chain platform integration.
    • The high cost of deploying WMS solutions, as well as the dominance of ERP vendors.
    • Digital technology adoption in supply chain management. 
    • Supply chain is comprised of discrete and isolated phases/stages ranging from marketing, product development, manufacturing, and distribution to end users and after-sales services.

    Warehouse Management Systems Market Segmentation

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    Segment Analysis

    Deployment Mode Trends

    The market has been classified into On-premise, Cloud. The Cloud segment accounted for the largest market in 2020. Cloud computing has transformed the way businesses operate. When deployed in the cloud, WMS reduces companies' upfront costs while dramatically increasing warehouse efficiency.

    Regional Analysis

    The Asia Pacific is estimated to be the largest market in 2020. The phenomenal growth of the e-commerce and manufacturing industries in emerging economies such as China, India, and Indonesia can be attributed to the growth of the market in this region. 

    Warehouse Management Systems Market By Region

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    Because of its massive industrial and manufacturing sectors, China is a major contributor to the growth of the APAC WMS market. India is one of APAC's fastest-growing WMS markets.

    Segmentation

    The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories.

    By Tier Type

    • Advanced WMS (Tier 1)

    • Intermediate WMS (Tier 2)

    • Basic WMS (Tier 3)

    By Component

    • Software

    • Services

    By Deployment Mode

    • On-premises

    • Cloud

    By End-use

    • Third Party Logistics (3PL)

    • Automotive

    • Food & Beverages

    • Healthcare

    • E- commerce

    • Chemicals

    • Electricals & Electronics

    • Metals & Machinery

    By Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 

    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)

    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)

    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others) 

    Warehouse Management Systems Market Segmentation

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    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    Report – Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    16

    No. of Figures & Tables

    >150

    Company Profiles

    12

     

    The following are the key features of the report:

    • Overview, industry life cycle analysis, supply chain analysis.
    • Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Trend and forecast analysis.
    • Segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    Target Audience

    The target audience of the market includes-

    • Warehouse management systems companies
    • Warehouse management systems distributors
    • Chemicals Industry
    •  Electricals & Electronics Industry`

    Critical Questions Answered in the Report

    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Customization Options

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    A Warehouse Management System (WMS) is a system that manages inventory in a warehouse. A warehouse management system (WMS) is a software application that aids in the control and management of day-to-day warehouse operations. WMS software directs inventory receipt and storage, optimizes order picking and shipping, and advises on inventory replenishment.

    The Warehouse management systems market Was estimated to grow from USD 2.8 billion in 2020 to USD 6.6 billion by 2026..

    The market is projected to grow at a CAGR of over 15.8% during the forecast period.

    The study period of this market report is 2016-2026.

    The key players operating in the market are Epicor; Krber AG (HighJump); Infor; Made4net; Manhattan Associates; Oracle; PSI Logistics; Reply; SAP; Softeon; Synergy Ltd.; Tecsys.

    The target audience of the Market includes Warehouse management systems companies, Warehouse management systems distributors, Chemicals Industry, Electricals & Electronics Industry.

    Growth of e-commerce and omni-channel fulfilment requirements, WMS add-on module sales, labour efficiency, cost ownership advantages, and supply chain platform integration are the major factors that supplement market growth.

    APAC is the market that is expanding the fastest. The phenomenal growth of the e-commerce and manufacturing industries in emerging economies such as China, India, and Indonesia can be attributed to the growth of the market in this region.