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Published Date: 2016-09-07Number of Pages: 146

Warehouse Management Systems Market (Component - Software and Services; Software - On-premise and Cloud; On-premise - Labor Management Systems, Analytics and Optimization; Cloud - Labor Management Systems, Analytics and Optimization; Services - Consulting, System Integration, and Operations and Maintenance; Application - Retail, Electronics, Food and Beverage, Pharmaceutical, 3PL) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Warehouse Management Systems Market: Snapshot

The emergence of digital technology has led to the increased adoption of warehouse management systems (WMS) in a number of applications. A booming e-commerce industry and the subsequent adoption of WMS in this sector is expected to drive the global warehouse management systems market. Another significant factor supporting its growth is the increasing adoption of BYOD in various industries such as retail, 3PL, healthcare, and manufacturing. This has led to an increasing demand for cloud-based WMS solutions, subsequently driving the warehouse management systems market.

The market is anticipated to expand at a revenue-based CAGR of 14.1% during the forecast period, rising from a value of US$1.2 bn in 2015 to US$4.1 bn by 2024.

Higher Cost-effectiveness of Cloud-based Warehouse Management Systems a Plus Point

On the basis of the component, the market can be bifurcated into software and services. The software segment comprises on-premise and cloud-based warehouse management systems. In 2015, on-premise WMS accounted for the maximum revenue share of the warehouse management software market at around 77%. However, cloud-based warehouse management software is expected to show sustainable growth during the forecast period due to various technological advancements and a higher cost-effectiveness as compared to on-premise warehouse management software.

Based on services, the WMS market is segmented into consulting, system integration, and operations and maintenance. In 2015, the operation and maintenance segment held a higher revenue share compared to the rest and is also expected to expand at a significant CAGR during the forecast period.

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Asia Pacific Plays Key Role in Expansion of Global WMS Market

In terms of revenue, Europe was the leading regional market for warehouse management systems, accounting for around 43% of revenue share in 2015. The region is expected to retain its dominance in the WMS market throughout the forecast period. This market is primarily driven by the role of third-party logistics. Third-party logistics companies are increasingly adopting warehouse management systems to enhance various functionalities, improve customer relationship experience, and support a cost-effective management system.

The warehouse management systems market in North America is projected to show moderate growth during the forecast period, with the U.S. emerging as one of the most attractive regional segments.

Asia Pacific also plays a key role in the development of the global warehouse management systems market. The WMS market in Asia Pacific is growing at a rapid pace and is expected to maintain its momentum due to the rising demand for extended WMS solutions supporting in-store inventory, cloud integration, and order management along with standard warehouse management system offerings.

The warehouse management systems market in Latin America and the Middle East and Africa is anticipated to witness sustainable growth in the near future. The major factor fuelling these markets is the rising adoption of WMS solutions in retail applications in countries such as Saudi Arabia, Israel, the UAE, and Turkey, where the e-commerce market is expanding substantially.

Some of the prominent players in the global warehouse management systems market are HighJump Software, Tecsys, Inc., Infor Inc., JDA Software Group, Inc., LogFire Inc., Made4net LLC, Manhattan Associates Inc., Oracle Corporation, Reply, SAP SE, Softeon, Inc., and Synergy Logistics Ltd.

This report aims to provide a comprehensive strategic analysis of the global warehouse management systems market along with revenue and growth forecasts for the period from 2014 to 2024. With advancements in warehouse management systems and rising demand for warehouse management systems in retail and third party logistics (3PL) application, the warehouse management systems market is expected to experience high growth in the coming decade. 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.

This research study on the global warehouse management systems market provides a detailed analysis of warehouse management systems deployed for different applications by end-users depending upon their needs. The report offers an in-depth study of the market drivers, restraints, and growth opportunities. Using these factors, the study identifies various trends prominent in the industry and are expected to influence the market growth during the forecast period from 2016 to 2024. It includes a comprehensive coverage of the underlying economic and technological factors influencing the warehouse management systems market growth. It provides the competitive landscape of key players in the warehouse management systems market in order to highlight the state of competition therein. The report also provides a detailed competitive analysis of the key players in the market and identifies various business strategies adopted by them. The study explains the penetration within each market segment across various geographies, and how these segments have accelerated the growth of the market as a whole.

The global warehouse management systems market is analyzed by segmenting it on the basis of component and application. Based on component, the market is classified into software and services. The software segment further based on the deployment type covers, on-premise and cloud based software. Further, on-premise and cloud based software segments are each fragmented into labor management systems, analytics and optimization and others which includes 3PL billing and yard management. The service segment type covers consulting, system integration, and operations and maintenance services. In terms of application, the global warehouse management systems market is segmented into retail, electronics, food and beverage, pharmaceutical, 3PL, and others which includes books and publishing, and home improvement. Geographically, the global market for warehouse management systems has been segmented into five regions: North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America. The market size and forecast for each region has been provided for the period from 2014 to 2024 along with the CAGR (%) for the forecast period from 2016 to 2024. The study also includes quantitative analysis of the competitive scenario for major countries/regions such as the U.S., Canada, the U.K., Germany, France, Spain, Italy, Japan, India, Australia, Indonesia, UAE, Saudi Arabia, South Africa and Brazil in country snippet segments. The analysis by component, application and regions helps in evaluating the present scenario and growth prospects of the warehouse management systems market over the forecast period from 2016 to 2024.

A list of recommendations have been provided for new entrants to help them establish a strong presence and for existing market players to take strategic decisions and strengthen their market position in the global warehouse management systems market. The report concludes with the profiles of major players in the warehouse management systems market on the basis of various attributes, such as company overview, financial overview, business strategies, SWOT analysis, segment presence, and recent developments. The major players profiled in this report include HighJump Software, Tecsys, Inc., Infor Inc., JDA Software Group, Inc., LogFire Inc., Made4net LLC, Manhattan Associates Inc., Oracle Corporation, Reply, SAP SE, Softeon, Inc. and Synergy Logistics Ltd.

Market Segmentation:

Warehouse Management Systems Market Analysis, by Component

  • Software
    • On-premise
      • Labor Management Systems
      • Analytics and Optimization
      • Other (3PL Billing, and Yard Management)
    • Cloud
      • Labor Management Systems
      • Analytics and Optimization
      • Other (3PL Billing, and Yard Management)
  • Services
    • Consulting
    • System Integration
    • Operations and Maintenance

Warehouse Management Systems Market Analysis, by Application

  • Retail (Apparel, Department & General Merchandise)
  • Electronics
  • Grocery/Food & Beverage
  • Pharmaceutical
  • 3PL
  • Others (Books & Publishing, Home Improvement)

In addition, the report provides cross-sectional analysis of the warehouse management systems market with respect to the following geographical segments:

  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • Australia
    • Indonesia
    • India
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • The UAE
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • South America
    • Brazil
    • Rest of South America


 
 
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