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Global Warehouse Management System Market To Be Driven By Rising Investments By Multinational Companies In The Forecast Period Of 2022-2027

The new report by Expert Market Research titled, ‘Global Warehouse Management System Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027’, gives an in-depth analysis of the global warehouse management system market, assessing the market based on its segments like components, functions, deployments, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 15.5%

The global market for warehouse management is being driven by the growth of the logistics sector. This can be attributed to the advancements in international trade channels and the boom of e-commerce. As a result, many companies are increasingly spending on warehouse management, hence fuelling the market growth. In addition to this, the rapid industrialisation in emerging economies like China, India, Brazil, Africa, and Indonesia, among others, supported by favourable government policies and foreign investments, are further leading to the establishment of manufacturing plants. This is therefore invigorating the growth of the market.

Industry Definition and Major Segments

The methods involved in administering and managing a warehouse’s everyday operations are referred to as warehouse management. It is a software solution that provides visibility into a business’ entire inventory and monitors supply chain operations. Everything from warehouse layout and workforce management to day-to-day activities including receiving and maintaining inventory, completing orders, and coordinating with shipping partners using advanced digital software like IoT and AI is included in warehouse management.

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The major components of warehouse management are:

• Software
• Services

The market can be broadly categorised on the basis of its deployment into:

• On-premise

• Cloud

On the basis of function, the market can be categorised into:

• Labour Management System

• Analytics and Optimisation

• Billing and Yard Management

• Systems Integration and Maintenance

• Consulting Services

The market can be classified based on its application as :

• Transportation and Logistics

• Retail

• Healthcare

• Manufacturing

• Food and Beverages

• Others

The market can be classified based on its region as :

• North America

• Asia Pacific

• Latin America

• Middle East and Africa

• Europe

Market Trends

Consumer behaviour is rapidly shifting toward internet platforms. Food and beverages, necessities, and medications, all of which are delivered via novel contactless formats, are seeing an increase in online demand. As a result of increased online demand for a variety of products, the demand for warehousing has also increased. This is stimulating the growth of the market. To meet the rising global demand of different products, several global corporations are establishing new warehouses with advanced techologies in different countries, which is significantly contributing to the market growth. Warehouse management systems are becoming increasingly popular in the e-commerce and 3PL industries. E-commerce behemoths like Amazon, Alibaba, and eBay are driving increased demand for WMS as they continue to open new warehouses around the world, which in turn is driving the market growth.

Key Market Players

The major players in the market are Epicor Software Corporation, Körber AG, Infor., Oracle Corporation, and PSI Logistics GmbH, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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Tags: Warehouse Management System Market Demand, Warehouse Management System Market Share, Warehouse Management System Market Size, Warehouse Management System Market Analysis, Warehouse Management System market

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Contact Information:

Company Name: EMR Inc.

Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.

Email: sales@expertmarketresearch.com

Toll Free Number: +1-415-325-5166 | +44-702-402-5790

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.expertmarketresearch.com

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Reportedtimes, PR-Wirein, Extended Distribution, Research Newswire, English

Contact Information:

Company Name: EMR Inc.

Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.

Email: sales@expertmarketresearch.com

Toll Free Number: +1-415-325-5166 | +44-702-402-5790

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.expertmarketresearch.com