Global Warehouse Management Market Overview And Prospects
Learn about the global warehouse management market through The Business Research Company, which provides information on warehouse management market size, warehouse management market drivers and restraints, warehouse management market players, the COVID-19 impact on the warehouse management market, and more.
The global warehouse management system market size is expected to grow from $2.39 billion in 2021 to $2.74 billion in 2022 at a compound annual growth rate (CAGR) of 14.77%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global warehouse management market size is expected to reach $4.83 billion in 2026 at a CAGR of 15.15%.
Increasing demand from e-commerce companies for larger warehouses with better tracking and forecasting is expected to drive the warehouse management system market.
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The warehouse management system market consists of sales of warehouse management services by entities (organizations, sole traders and partnerships) which are used by companies to manage and control daily warehouse operations, from the moment goods and materials enter a distribution or fulfilment centre until the moment they leave. Warehouse management systems include inbound logistics and outbound logistics tools for picking and packing processes, resource utilization, analytics, and others.
Global Warehouse Management Market Segments Include:
By Offering: Software, Services
By Deployment: On Premises, Cloud
By Function: Labor Management System, Analytics and Optimization, Billing and Yard Management, Systems Integration and Maintenance
By Application: Transportation and Logistics, Healthcare, Retail, Manufacturing, Food and Beverage, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the warehouse management system market in 2021.
Technological advancement is a key trend gaining popularity in the warehouse management system market. Technological advancement is a discovery of knowledge that advances technology.
TBRC’s warehouse management market report covers:
Major Market Players: Manhattan Associates, Oracle Corp., Infor, PTC, SAP SE, PSI Logistics GmbH, IBM Corp., Tecsys, Blue Yonder, Honeywell International Inc, Technology Solutions (UK) Ltd, HighJump Software, Synergy Ltd, Made4net and JDA Software Group Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Warehouse Management Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides warehouse management market overviews, analyzes and forecasts market size, share, warehouse management market players, warehouse management market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s warehouse management market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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