The Global Warehouse Management Systems Market Size was valued at $2.4 billion in 2020, and is projected to reach $10.6 billion by 2030, growing at a CAGR of 16.3% from 2021 to 2030.
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By component type, software held the highest market share in 2015, and services is 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.
This report gives an in-depth profile of some key market players in the Warehouse management system market are HighJump Software Inc. (Korber), IBM Corporation, Infor Inc., Jda Software Group, Inc. (Blue Yonder Group, Inc.), Manhattan Associates, Inc., Oracle Corporation, PSI Logistic, SAP SE, Softeon, Inc., and Tecsys, Inc. This study includes market trends, Warehouse Management Systems Market Analysis, and future estimations to determine the imminent investment pockets.
In addition, due to heavy investments in warehouse management system by large-scale enterprises is expected to accelerate the growth of the market. Furthermore, the usage of IOT, artificial intelligence (AI), analytics and on demand and other advanced technologies due to its ease of use in large enterprises is expected to increase WMS market growth.
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