LAMEA 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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Market Report Description
The LAMEA Warehouse Management Systems Market is expected to grow at a CAGR of 19.7% during 2016 -2022. The Brazil market dominated the LAMEA Warehouse Management Systems Market in 2015, and would reach a market size of $68.5 million by 2022, growing at a CAGR of 19.1% during the forecast period. However, UAE market is expected to grow at CAGR of 18.4% during 2016-2022. Warehousing of raw materials and inbound and outbound logistics from the suppliers to the manufacturing site and then of the finished goods to other locations or to end-customers are managed by using WMS solutions. WMS improves inventory accuracy and thereby reduces inventory costs. This benefits in the proper scheduling of work flow and utilization of space for various products. To enhance the product-related planning, WMS should be implemented with the ERP software.
Some of the factors supporting the growth of the market worldwide include the emergence of e-commerce and increased technological investment in developing regions, high demand from the health care sector, 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 in LAMEA (Latin America, Middle East and Africa). 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 countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Key players profiled in the report include HighJump Software, TECSYS, Infor, JDA Software, Manhattan Associates, Logfire, Softeon, Interlink, Oracle and SAP.