Global Warehouse Management Systems Market By Component (Software, Services), Deployment (On-Premise, Cloud), Type, Industry (Automotive, Electronics, Food & beverage, Transportation & logistics, Pharmaceutical)
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Global warehouse management systems (WMS) market is anticipated to grow rapidly over the forecast period. WMS assists in reducing the lead time, by increasing the delivery speed of the products to the end-use consumers, and reduction in the distribution costs. Factors such as changing supply chain models and rapid growth for a certain product are the instant causes for increase in the demand for WMS systems. Global need to cut down on added costs due to faulty forecasting models is expected to benefit the overall WNS systems market.
Some of the factors supporting the growth of the market worldwide include the emergence of e-commerce and increased technological investment in developing regions such as Asia Pacific, high demand from the health care sector, advent of industry specific warehouse management systems in developed regions such as North America and Europe, increasing awareness of cloud based warehouse management systems, and surge in demand for warehouse management integrated with RFID technology. The impact of these and other macro-micro economic factors has been analyzed while developing the market growth models.
The report highlights the adoption of Warehouse Management Systems market, globally. Based on the Component, the Warehouse Management Market is segmented into Software and Services segment. Based on the Deployment, the market is bifurcated into On-Premise and Cloud based segments. According to the Types, the Warehouse Management Market is segmented into Consulting, System Integration and Operations & Maintenance segments. Based on Industry, the market is segmented into Automotive, Electronics, Food & Beverages, Transportation & logistics, Pharmaceutical and Other segments. The geographies included in the report are North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa).
Key players profiled in the report include HighJump Software, TECSYS, Infor, JDA Software, Manhattan Associates, Logfire, Softeon, Interlink, Oracle and SAP.