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Xpodence Research added “Global Warehouse Management System (WMS) Market Trends, Analysis, And Forecasts To 2025” to their research database.\nAsk for a sample @ https://www.xpodenceresearch.com/Request-Sample/105682 \n
Global Warehouse Management System (WMS) Market Trends,
Analysis, And Forecasts To 2025
A warehouse management system (WMS) can be defined as a software application that enables the
everyday operations in a warehouse. The warehouse management system programs support the
centralized tasks management such as pursuing inventory levels as well as stock locations. The software
also helps in the management of their daily planning, directing, organizing, staffing as well as controlling
the usage of available resources, to transfer and store materials into, within, and out of a warehouse, and
also helping staff in the enactment of material movement as well as storage in and around a warehouse.
The various warehouse management solutions are primarily tactical tools that are purchased as well as
utilized by businesses in order to fulfill the exclusive customer demand requirements of their supply
chain(s) and distribution channel(s), when the inventory and workload is more than the amount that can
be manually handled with spreadsheets. The inspiration to obtain these solutions usually comes from
need to enable sales growth or improve performance, and seldom both.
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The global warehouse management system market can be classified based on components, application,
and region. On the basis of component, the global warehouse management system market is classified
into software and service. Depending upon application, it is segmented into 3PL, electronics, retail,
pharmaceutical, food and beverages/ grocery, and others.
Among the market segments, the on-cloud segment is expected to command a large share of the crew
management system market during the future years owing to the increasing impact of cloud computing
technology on daily life. Large number of airlines is adjusting to the cloud technology to attain ease of
operations as well as excellence in client servicing. Based on device, the tablet segment of the crew
management system market is anticipated to grow at the swiftest rate during the future years. The
introduction of tablets and their usage for cabin crew in order to decrease complicated paper-
based/manual operations in conducting their day-to-day functions like meal distribution and passenger
management conditions is propelling the growth of this market segment.
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The global warehouse management system market is expected to garner maximum revenue in the
forecast period. Factors such as the rampant development of digital technology leading to the high
adoption rate of warehouse management systems (WMS) in various applications, cost ownership
advantages, growth of e-commerce, labor efficiency, and supply chain platform integration are expected
to fuel the growth of warehouse management systems market. However, factors such as high costs
required for the deployment of WMS solutions and dominance of ERP vendors have hampered the
market growth to some extent..
Based on regions, the global warehouse management system market is divided into North America,
Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region
is anticipated to command the maximum market share and would lead the warehouse management
system market during the forecast period. Factors such as the presence of large companies with global
warehousing and distribution operations and highly developed third-party logistics (3PL) network are
fuelling the market growth.
The Asia-Pacific region is expected to witness the swiftest growth in the warehouse management system
market. Factors such as the development of the e-commerce industry and increased importance on
domestic production by emerging countries such as China and India. in the region is expected to fuel the
warehouse management system market during the forecast period.
The major companies that provide warehouse management system include SAP AG, HighJump Software
Inc., HAL Systems Corp., AGI Wolrdwide Inc., Softeon Inc., RedPrairie Corp., Asgard Software Inc., Oracle
Corp., Automation Associates Inc., Advanced Systems Consultants Inc., Cadre Technologies Inc.,
Manhattan Associates Inc., Deposco Inc., Logitity Inc., BFC Software Inc., and Infor Inc.
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