Increasing inventory and workload necessitated the implementation of a warehouse management system (WMS) in warehouse operations. WMS is a software application that is designed to support the management of warehouse, distribution center, and staffs. They are tactical tools deployed by the business owners to cater to the requirements of the distribution channel(s) and of the customers. It uses a database that is configured to manage the warehouse operations and contains detailed description of various standard warehouse elements, including individual stock keeping units (SKUs), warehouse storage locations, dock doors, and expected labor productivity rates by activity or function.
The growth of digital technology has increased the adoption of WMS in several applications. Growth of e-commerce & requirements of omni-channel fulfillment, WMS add-on module sales, labor efficiency, cost ownership advantages, and supply chain platform integration are the factors that drive the market growth.
The WMS market is segmented based on components, industry vertical, and geography. Software and services are the component types of WMS. Automotive, electronics, food & beverage, transportation & logistics, pharmaceutical, and others are categorized under industry verticals. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa), followed by region-wise country-level analysis.
Key market players such as HighJump Software Inc., Oracle Corp., SAP AG, Tecsys, Inc., Infor Inc., JDA Software Group, Inc., Manhattan Associates, Inc., Logfire, Inc., Softeon, Inc., and Interlink Technologies are highlighted with information on business overview, financials, product portfolios, investments, and recent strategies & developments.
This study comprises analytical depiction of the global WMS market, with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
The report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2014 to 2022, which is provided to highlight the financial competency of the market.
Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers.
Value chain analysis provides a clear understanding of the roles of stakeholders involved.
Key Market Segments
The market is segmented on the basis of component type, industry vertical, and geography.
By Component Type
BY INDUSTRY VERTICAL
Food & beverage
Transportation & logistics
Others (retail, household & personal care, manufacturing)
Rest of Europe
Rest of Asia-Pacific
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
3.1. report description
3.2. key benefits
3.3. key market segments
3.4. research methodology
3.4.1. Primary research
3.4.2. Secondary research
3.4.3. Analyst tools and models
3.5. Market definition and scope
3.6. Key findings
3.6.1. Top impacting factors
188.8.131.52. Implementation in logistics
184.108.40.206. Improved supplier and customer relationships
220.127.116.11. Costly deployment of WMS solutions
18.104.22.168. Emergence of SaaS based On-Demand WMS solutions
3.6.2. Top winning strategies
3.6.3. Top investment pockets
3.7. Value chain analysis
3.7.1. Component manufacturers and software suppliers
3.7.2. System Integrators
3.7.4. End Users
3.8. Porters five forces analysis
3.8.1. Moderate bargaining power among suppliers
3.8.2. Low threat of new entrants
3.8.3. Moderate threat of substitutes
3.8.4. High rivalry
3.8.5. Moderate bargaining power among buyers
3.9. Market share analysis, 2015 (%)
3.10. Market Dynamics
22.214.171.124. Implementation in 3PL
126.96.36.199. Improved supplier and customer relationships
188.8.131.52. Global e-commerce boom
184.108.40.206. Costly deployment of WMS solutions
220.127.116.11. Dominance of ERP vendors
18.104.22.168. Service-oriented architecture (SOA)
22.214.171.124. Emergence of SaaS-based On-Demand WMS Solutions
126.96.36.199. Expanded supply chain execution footprint
CHAPTER 4 WAREHOUSE MANAGEMENT SYSTEM MARKET, BY COMPONENT TYPE
4.2.1. Key market trends
4.2.2. Key growth factors & opportunities
4.2.3. Market size & forecast
4.3.1. Key market trends
4.3.2. Key growth factors & opportunities
4.3.3. Market size & forecast
CHAPTER 5 WAREHOUSE MANAGEMENT SYSTEM MARKET, BY INDUSTRY VERTICAL
5.2.1. Key market trends
5.2.2. Key growth factors & opportunities
5.2.3. Market size & forecast
5.3.1. Key market trends
5.3.2. Key growth factors & opportunities
5.3.3. Market size & forecast
5.4. Food & beverage
5.4.1. Key market trends
5.4.2. Key growth factors & opportunities
5.4.3. Market size & forecast
5.5. Transportation & logistics
5.5.1. Key market trends
5.5.2. Key growth factors & opportunities
5.5.3. Market size & forecast
5.6.1. Key market trends
5.6.2. Key growth factors & opportunities
5.6.3. Market size & forecast
5.7. Others (retail, household & personal care, manufacturing)
5.7.1. Key market trends
5.7.2. Key growth factors & opportunities
5.7.3. Market size & forecast
CHAPTER 6 WAREHOUSE MANAGEMENT SYSTEM MARKET, BY GEOGRAPHY
6.1. North America
6.1.1. Key market trends
6.1.2. Key growth factors & opportunities
6.1.3. Market size & forecast
6.1.5. Market size & forecast
6.1.7. Market size & forecast
6.1.9. Market size & forecast
6.2.1. Key market trends
6.2.2. Key growth factors & opportunities
6.2.3. Market size & forecast
6.2.5. Market size & forecast
6.2.7. Market size & forecast
6.2.9. Market size & forecast
6.2.11. Market size & forecast
6.2.12. Rest of Europe
6.2.13. Market size & forecast
6.3.1. Key market trends
6.3.2. Key growth factors & opportunities
6.3.3. Market size & forecast
6.3.5. Market size & forecast
6.3.7. Market size & forecast
6.3.9. Market size & forecast
6.3.11. Market size & forecast
6.3.12. Rest of Asia-Pacific
6.3.13. Market size & forecast
6.4.1. Key market trends
6.4.2. Key growth factors & opportunities
6.4.3. Market size & forecast
6.4.4. Latin America
6.4.5. Market size & forecast
6.4.6. Middle East
6.4.7. Market size & forecast
6.4.9. Market size & forecast
CHAPTER 7 COMPANY PROFILES
7.1. HighJump Software Inc.
7.1.2. Key strategies & developments
7.2. Oracle Corporation
7.2.2. Key strategies & developments
7.3. SAP SE
7.4. Tecsys, Inc.
7.4.2. Key strategies & developments
7.5. Infor Inc.
7.5.2. Key strategies & developments
7.6. Jda Software Group, Inc.
7.6.2. Key strategies & developments
7.7. Manhattan Associates, Inc.
7.7.2. Key strategies & developments
7.8. Logfire, Inc.
7.8.2. Key strategies & developments
7.9. Softeon, Inc.
7.9.2. Key strategies & developments
7.10. Interlink Technologies
Warehouse Management System Market Report, forecasts that the global market size is expected to garner $3,112 million by 2022, growing at a CAGR of 15.2% during the period 2016-2022. This can be attributed to the increase in inventory and workload of WMS in warehouse operations. Europe is expected to be the largest market during the forecast period.
By component type, software held the highest marketsharein2015, and servicesis anticipated to show the highest growth rate. Among the various industry verticals, transportation & logistics is projected to dominate the market. However, pharmaceuticals industry is expected to have the fastest growth rate.
Asia-Pacific is estimated to grow fastest due to increase in the adoption of WMS services and extensive growth in Japan, China, Australia, and India.
Key findings of the Warehouse Management System Market:
Software is expected to exhibit a significant growth in the WMS market due to growth in adoption of this technology in the logistics industry.
Transportation & logistics industry generated the highest revenue among other industry verticals pertaining to increase in adoption of WMS.
Europe is projected to exhibit a substantial growth during the forecast period.
Several industry players adopt partnership and product launch as their key strategies to offer innovative products and services & solutions to attain a higher market share.
The dominant players include Oracle Corporation, SAP SE, Infor Inc., and Manhattan Associates Inc., and others.