Warehouse Management System Market

1. Warehouse Management System Market Size Worth USD 11.24 Billion in 2030 www.emergenresearch.com Increasing demand for efficient management solutions to improve profitability is a key factor driving warehouse management system market revenue growth

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5. Market Summary The global warehouse management system market size reached USD 3.06 Billion in 2021 and is expected to register a revenue CAGR of 15.5% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for cloud-based warehouse management systems due to growth of the e-commerce industry is driving market revenue growth. The Warehouse Management System (WMS) is a software that enables companies to efficiently manage their warehouse operations through a set of pre-defined processes. The entire functioning of the warehouse management system includes everything from inventory management, auditing, to picking up goods and materials. Companies are currently implementing warehouse management systems extensively into their work processes to obtain maximum visibility into their inventory in real time, which enables them to make better-informed decisions and thus, improve the overall efficiency of business operations. Increasing demand for managed services is driving growth of warehouse management systems. Managed services are responsibilities and tasks that are handled by a third party, and they assist companies in significantly lowering operational costs and improving product service quality. A managed service provider is responsible for the functionality of the service or equipment, which is managed under a Service Level Agreement (SLA). Organizations outsource the responsibility for maintaining and anticipating the need for a variety of processes and functions to improve operations and cut overall costs. . www.emergenresearch.com

6. Market Summary • Based on deployment, the cloud segment accounted for largest revenue share in 2021. Users can connect and improve every aspect of the supply chain, including inventory management, labor performance optimization, and material flow control, with a cloud-based warehouse management system. Increasing demand for cloud-based management solutions can be attributed to their high scalability, increased reliability, and secure performance. Additionally, this management solution is extensively tested for any operational size and level of complexity. • Based on function, systems integration & maintenance segment accounted for second-largest revenue share in 2021. Integration of warehouse management systems with other efficient software packages gives companies the ability to better monitor and optimize their operations. Integrating warehouse management systems with transport management systems enables organizations to receive timely and detailed information about warehouse processes, and transportation and distribution to make more informed decisions. In addition, it provides better utilization of the fleet and other necessary resources. • The supply chain industry in Europe is undergoing substantial changes due to the advent of new technologies, especially those influenced by the penetration of e-commerce, which is having a profound impact on distribution and warehousing operations. Additionally, customers in the region have been able to create an immediate and real-time demand impact on order fulfillment operations as a result of these digital changes. When combined with the emerging multichannel distribution support business model, such real-time demand impact by customers is driving demand for a highly scalable and adaptive warehouse management system. • Some major companies profiled in the global market report include Manhattan Associates, Blue Yonder Group, Inc., Körber AG, Oracle, SAP, IBM, Infor, PSI Logistics, PTC, and Tecsys Inc. • Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/760 www.emergenresearch.com

7. Market Summary • Emergen Research has segmented the global warehouse management system market on the basis of deployment, function, application, and region: • Deployment Outlook (Revenue, USD Billion; 2019-2030) • On-Premise • Cloud • Function Outlook (Revenue, USD Billion; 2019-2030) • Labor Management System • Analytics & Optimization • Billing & Yard Management • Systems Integration & Maintenance • Consulting Services • Application Outlook (Revenue, USD Billion; 2019-2030) • Transportation & Logistics • Retail • Healthcare • Manufacturing • Read More@ https://www.emergenresearch.com/industry-report/warehouse-management-system-market

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