Warehouse Management Systems Market- The Emergence of Digital Technology and Expanding Application of WMSWarehouse Management Systems Market

Warehouse Management Systems Market Rising at Impressive 14.1% CAGR With
Increasing Adoption of Cloud-based WMS
Transparency Market Research (TMR) notes that the global warehouse management
systems market is categorized by the presence of several large and small players
operating. The rivalry between the players is likely to increase as they aim at
offering cloud-based software management systems.
Among the multiple strategies adopted by players in the global warehouse
management systems market to stay ahead of competitors, instantaneous connection
to multiple warehouse infrastructure has paid off the most. The global warehouse
management systems market is expected to grow steadily due to the existence of
large players who are investing in easier inventory management. Some of the leading
players in the global warehouse management systems market are Oracle Corporation,
JDA Software, Manhattan Associates, and SAP SE.
The TMR report projects the global warehouse management systems market to
register a promising CAGR of 14.1% from 2017 to 2025. By the end of 2025, the
market will be worth US$4,658.0 mn, predicts the report.
Out of various services, the demand for maintenance is expected to remain high in
the next few years due to the constant need for monitoring and controlling various
complex warehouse and distribution activities. Region-wise, Asia Pacific is expected
to lead the global warehouse management systems market in the coming years. This
is attributed to the flourishing software companies and the demand for extended
WMS solutions to support cloud integration.
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Growing Adoption of BYOD in Various Industries to Fuel Warehouse Management
Systems Market
Rapid development of digital technology has resulted in faster adoption of warehouse
management systems (WMS) in various applications. WMS helps in optimizing,
controlling, and monitoring various distribution activities such as dock scheduling,
labor management, yard management, and inventory and order management. Thus,
increasing e-commerce industry, growing demand for omni-channel fulfillment, and
rising WMS add-on module sales are factors driving the global warehouse
management systems market. Along with these, rising adoption of BYOD (Bring Your
Own Device) in various industries such as manufacturing, health care, retail, and 3PL
is fueling demand for cloud based warehouse management systems, which in turn
boosting the global warehouse management systems market.
Warehouse management systems are extensively adopted in electronics,
pharmaceutical, food and beverage, third party logistics, home improvement, and
book publishing. Warehouse management can be provided as a service by third-party
supplier, which is outsourced by WMS providers. A cloud based computing system
helps in hosting the software. Outsourcing this software or service from third party
helps the clients in focusing on their core business operations. Furthermore, rising
adoption of the latest technologies such as cloud, and increasing disposable incomes
are propelling the global warehouse management systems market.
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Warehouse Management Systems Market