Global Warehouse Management System Market is valued USD 1.35 billion in 2016 is anticipated to grow USD 4.2 billion with the compounded annual growth of 13.5% over the forecast period 2017-2025.
New York 13 September 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Warehouse Management System Market industry is poised to raise USD 4.2 billion by 2025.Software & Services are the Component of the Global Wrehouse Management System Market. End Component market is further segmented at the regional level. Regional penetration for each Application is derived from the macroeconomic factors such as Per-capita Income size, GDP, & International trade the regional level applications are further segmented into End user based on their usage in respective applications.
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The industry is seems to be fairly competitive Some of the key manufacturers involved in the market are JDA Software Group, Inc. , Manhattan Associates, Inc., Oracle Corp, SAP SE , IBM Corp., Infor, Inc, PSI AG , PTC Inc., Tecsys Inc. & Epicor Software Corp. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirement
Key findings of the study:
- The software segment accounted for the largest share of the warehouse management system market.
- Key factors driving the growth of this market include emergence of multi-channel distribution networks, growth of the e-commerce industry, increased adoption of on-cloud WMS solutions, and globalization of supply chain networks
- The need for automated and hygienic handling of food items, enhanced traceability of food items, and increased sale of packaged food products are factors anticipated to drive the growth of the market in the food & beverages industry.
Bizwit Research & Consulting LLP has considered following segments for the study:
- On Premises
- On Cloud
By Tier Type:
- Food & Beverages
- Electricals & Electronics
- Metals & Machinery
- North America
- Asia Pacific
- Latin America
- Rest of the World