Warehouse Management System Market Size, Trends and Insights By Component (Software, Service), By Deployment (On-premises, Cloud-based), By Function (Labor Management System, Billing & Yard Management, Analytics & Optimization, System Integration & Maintenance, Consulting Services), By Industry (Transportation & Logistics, Food & Beverage, Retail, Manufacturing, Healthcare, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- EPICOR
- Infor
- Körber AG (HighJump)
- Made4net
- Others
Reports Description
In our research report on the Global Warehouse Management Systems Market, the market was valued at USD 2.5 billion in 2021 and is expected to reach USD 3.1 billion in 2022, and is projected to account for around USD 10.5 billion by 2030. The estimated CAGR is approximately 16% between 2022 and 2030. The report further provides an overview of drivers, restraints, and opportunities present in the Warehouse Management Systems market. Moreover, the report examines the global competitive analysis of the Warehouse Management Systems market.
The key purpose of the Global Warehouse Management Systems Market report is to deliver industry investors, company leaders, private equity companies, and stakeholders comprehensive information facilitating them to make informed strategic decisions concerning the changes in the Warehouse Management Systems market throughout the world.
Warehouse Management Systems Market: Overview
The usage of machine-to-machine technology is growing in warehouse management because it enables devices or machines to share information and carry out tasks independently. Using M2M technology, a warehouse management Systems can connect to and gather information from devices, including conveyors, picking equipment, as well as assembly lines.
M2M-enabled warehouse management solutions assist in controlling a sequence of activities and monitoring production stages. M2M technology assists in maintaining quality by monitoring the operation of equipment in a warehouse. M2M facilitates information gathering and communication while also offering useful insights for improved decision-making.
Warehouse Management Systems Market: COVID–19 Impact Analysis
It is anticipated that the current projection for 2030 will be greater than pre-COVID-19 forecasts. This is a result of the supply chain problems brought on by the COVID-19 epidemic, which have caused a sharp increase in demand for WMS software.
Additionally, there is a growing demand for online shopping across many industries, necessitating an increase in automation investments from the food and beverage, manufacturing, and logistics sectors, including automation of inventory management. Consequently, the market’s expansion was fueled. Additionally, the pandemic has contributed to a recessionary economy that has compelled numerous businesses around the world to drastically and quickly change the way they operate.
The COVID-19-induced recession is having a significant impact on industries all over the world, but it had a much less impact on the technology industry than it did on the rest of the economy. The spread of modern automation Systemss, including WMS software, has been aided by lockdowns in order to control supply chain disruptions and keep warehouse inventory up to date.
Warehouse Management Systems Market: Growth Drivers
The growth in the e-commerce and retail industry supports the demand for Warehouse Management Systems
The world is turning to digital technologies to keep up with social and economic activity. Several small and medium-sized industries have begun to open up to digitization in an effort to keep firms afloat. The growing number of online shoppers will cause the e-commerce sector to expand rapidly.
Conveniences like real-time tracking, simple returns, and a large selection are provided through e-commerce. Real-time WMS software solutions are increasingly being used as a result of a significant change in consumer purchasing behavior for effective order processing, picking, packaging, shipment tracking, and route planning. WMS enables businesses to swiftly adjust to the shifting client needs in the e-commerce and online retail space. Additionally, the use of WMS aids in managing warehouses at their best, with improved warehouse productivity and efficiency and faster product delivery.
Integration of advanced technologies in the Warehouse Management Systems process
The usage of technology in the warehouse management process, including automated guided vehicles (AGVs), pick-to-light, and voice-directed picking, is expanding as the majority of warehouse occupiers are integrating these technologies in their distribution centers for quicker reaction times and labor-light, space-saving methods.
Integration between manual and automated operations in the warehouse is becoming more and more important as a result of e-commerce fulfillment needs. When addressing the needs of partially automated facilities, manufacturers of Warehouse Management Systemss that also sell warehouse control Systemss view their automation integration capabilities as a competitive advantage. Traditional WMS suppliers’ observations of the growing significance of automation in their client’s facilities and their subsequent efforts to develop integration capabilities to automation and robotics are further evidence of the growing importance of warehouse automation to the WMS market.
Warehouse Management Systems Market: Segmentation Analysis
In our research scope, the Warehouse Management Systems market is segmented into component, deployment, function, and industry. With a revenue share of more than 80% in the WMS market in 2021, the services category had the highest revenue share. The consulting, Systems integration, operation, as well as maintenance services are all included in the services category. Third-party vendors may offer warehouse management as a service, which is contracted out by WMS providers. In order to assist customers in concentrating on their primary business operations, vendors either offer their services as a service or sell the software directly to customers.
Further, the cloud segment is predicted to grow at the fastest rate and hold the biggest revenue share in 2021. The way that organizations operate has been changed by cloud-based technologies. WMS offers a decrease in upfront expenditures for businesses and significantly boosts the productivity of warehouses when it is implemented on the cloud.
As data is owned by the user and data theft has been successfully curbed over time, cloud deployment has equal security as an on-premise Systems. Companies can now provide a WMS solution that is tailored to the client’s needs. For instance, clients can adjust the volume of activities based on seasonal demand using the cloud-based WMS.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 2.5 Billion |
| Projected Market Size in 2030 | USD 10.5 Billion |
| CAGR Growth Rate | 16% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | EPICOR, Infor, Körber AG (HighJump), Made4net, Oracle, Manhattan Associates, PSI Logistics, SAP, Reply, Softeon, Tecsys, Synergy Ltd, and Others |
| Key Segment | By Component, Deployment, Function, Industry, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Key Insights:
- As per the analysis shared by our research analyst, the Warehouse Management Systems market is estimated to grow annually at a CAGR of around 16% over the forecast period (2022-2030).
- In terms of revenue, the Warehouse Management Systemss market size was valued at around USD 2.5 billion in 2021 and is projected to reach USD 10.5 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on component segmentation, the services segment was predicted to hold the maximum market share in the year 2021.
- Based on deployment, the cloud-based segment was the leading revenue-generating category in 2021.
- By function, the analytics &optimization segment is expected to grow at the fastest CAGR during 2022-2030.
- Based on industry, the transport & logistics segment was the leading revenue-generating category in 2021.
Recent Development
- August 2022: Moonah, a 3rd party logistics storage and distribution provider working for top worldwide pharmaceutical corporations, installed Infor WMS, according to a recent announcement from industry cloud supplier Infor. The solution is planned to provide complete inventory traceability in addition to setting up an efficient and successful warehouse operation. SNS, a preeminent supplier of supply chain consulting and software installation, completed the project effectively.
- August 2022: In all of their distribution centers in Thailand that handle all of CJ Express and CJ More’s inventory for delivery to stores all across the country, Honeywell Logistics Solutions has announced that CJ Express has chosen its Warehouse Management Systems (WMS). WMS seamlessly integrates with CJ’s current gear and software, including SAP ECC6, Pick to Light, Conveyer Line, RF, and Forklift Computer.
Regional Landscape
The WMS market was dominated by Europe, which, in 2021, accounted for around 30% of worldwide revenue share. The development of Warehouse Management Systemss and rising consumer awareness of cloud-based WMS are the main drivers propelling the WMS market’s expansion in the European region. The WMS market is expanding rapidly in North America due to elements including the presence of huge networks of third-party logistics (3PL) providers and large companies with global distribution and warehousing activities.
Competitive Landscape
The market players are concentrating on a range of strategies to increase their market share. To become the leading provider of the Warehouse Management Systems, they have announced a number of mergers, acquisitions, partnerships, and other legal arrangements. Additionally, these firms are spending money on R&D projects to introduce new services to the market.
The global Warehouse Management Systems market is segmented as follows:
By Component
- Software
- Service
By Deployment
- On-premises
- Cloud-based
By Function
- Labor Management Systems
- Billing & Yard Management
- Analytics & Optimization
- Systemss Integration & Maintenance
- Consulting Services
By Industry
- Transportation & Logistics
- Food & Beverage
- Retail
- Manufacturing
- Healthcare
- Others
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Warehouse Management Systems Market, (2022 – 2030) (USD Billion)
- 2.2 Global Warehouse Management Systems Market: Snapshot
- Chapter 3. Global Warehouse Management Systems Market – Industry Analysis
- 3.1 Warehouse Management Systems Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising demand for e-commerce and retail industry
- 3.2.2 Integration of advanced technologies
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Component
- 3.7.2 Market attractiveness analysis By Deployment
- 3.7.3 Market attractiveness analysis By Function
- 3.7.4 Market attractiveness analysis By Industry
- Chapter 4. Global Warehouse Management Systems Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Warehouse Management Systems Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Warehouse Management Systems Market – Component Analysis
- 5.1 Global Warehouse Management Systems Market overview: By Component
- 5.1.1 Global Warehouse Management Systems Market share, By Component, 2021 and 2030
- 5.2 Software
- 5.2.1 Global Warehouse Management Systems Market by Software, 2022 – 2030 (USD Billion)
- 5.3 Service
- 5.3.1 Global Warehouse Management Systems Market by Service, 2022 – 2030 (USD Billion)
- 5.1 Global Warehouse Management Systems Market overview: By Component
- Chapter 6. Global Warehouse Management Systems Market – Deployment Analysis
- 6.1 Global Warehouse Management Systems Market overview: By Deployment
- 6.1.1 Global Warehouse Management Systems Market share, By Deployment, 2021 and 2030
- 6.2 On-premises
- 6.2.1 Global Warehouse Management Systems Market by On-premises, 2022 – 2030 (USD Billion)
- 6.3 Cloud-based
- 6.3.1 Global Warehouse Management Systems Market by Cloud-based, 2022 – 2030 (USD Billion)
- 6.1 Global Warehouse Management Systems Market overview: By Deployment
- Chapter 7. Global Warehouse Management Systems Market – Function Analysis
- 7.1 Global Warehouse Management Systems Market overview: By Function
- 7.1.1 Global Warehouse Management Systems Market share, By Function, 2021 and 2030
- 7.2 Labor Management System
- 7.2.1 Global Warehouse Management Systems Market by Labor Management System, 2022 – 2030 (USD Billion)
- 7.3 Billing & Yard Management
- 7.3.1 Global Warehouse Management Systems Market by Billing & Yard Management, 2022 – 2030 (USD Billion)
- 7.4 Analytics & Optimization
- 7.4.1 Global Warehouse Management Systems Market by Analytics & Optimization, 2022 – 2030 (USD Billion)
- 7.5 Systems Integration & Maintenance
- 7.5.1 Global Warehouse Management Systems Market by Systems Integration & Maintenance, 2022 – 2030 (USD Billion)
- 7.6 Consulting Services
- 7.6.1 Global Warehouse Management Systems Market by Consulting Services, 2022 – 2030 (USD Billion)
- 7.1 Global Warehouse Management Systems Market overview: By Function
- Chapter 8. Global Warehouse Management Systems Market – Industry Analysis
- 8.1 Global Warehouse Management Systems Market overview: By Industry
- 8.1.1 Global Warehouse Management Systems Market share, By Industry, 2021 and 2030
- 8.2 Transportation & Logistics
- 8.2.1 Global Warehouse Management Systems Market by Transportation & Logistics, 2022 – 2030 (USD Billion)
- 8.3 Food & Beverage
- 8.3.1 Global Warehouse Management Systems Market by Food & Beverage, 2022 – 2030 (USD Billion)
- 8.4 Retail
- 8.4.1 Global Warehouse Management Systems Market by Retail, 2022 – 2030 (USD Billion)
- 8.5 Manufacturing
- 8.5.1 Global Warehouse Management Systems Market by Manufacturing, 2022 – 2030 (USD Billion)
- 8.6 Healthcare
- 8.6.1 Global Warehouse Management Systems Market by Healthcare, 2022 – 2030 (USD Billion)
- 8.7 Others
- 8.7.1 Global Warehouse Management Systems Market by Others, 2022 – 2030 (USD Billion)
- 8.1 Global Warehouse Management Systems Market overview: By Industry
- Chapter 9. Warehouse Management Systems Industry – Regional Analysis
- 9.1 Global Warehouse Management Systems Industry Regional Overview
- 9.2 Global Warehouse Management Systems Industry Share, by Region, 2021 & 2030 (USD Billion)
- 9.3. North America
- 9.3.1 North America Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.3.1.1 North America Warehouse Management Systems Industry, by Country, 2022 – 2030 (USD Billion)
- 9.3.1 North America Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.4 North America Warehouse Management Systems Industry, by Component, 2022 – 2030
- 9.4.1 North America Warehouse Management Systems Industry, by Component, 2022 – 2030 (USD Billion)
- 9.5 North America Warehouse Management Systems Industry, by Deployment, 2022 – 2030
- 9.5.1 North America Warehouse Management Systems Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.6 North America Warehouse Management Systems Industry, by Function, 2022 – 2030
- 9.6.1 North America Warehouse Management Systems Industry, by Function, 2022 – 2030 (USD Billion)
- 9.7 North America Warehouse Management Systems Industry, by Industry, 2022 – 2030
- 9.7.1 North America Warehouse Management Systems Industry, by Industry, 2022 – 2030 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.8.1.1 Europe Warehouse Management Systems Industry, by Country, 2022 – 2030 (USD Billion)
- 9.8.1 Europe Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.9 Europe Warehouse Management Systems Industry, by Component, 2022 – 2030
- 9.9.1 Europe Warehouse Management Systems Industry, by Component, 2022 – 2030 (USD Billion)
- 9.10 Europe Warehouse Management Systems Industry, by Deployment, 2022 – 2030
- 9.10.1 Europe Warehouse Management Systems Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.11 Europe Warehouse Management Systems Industry, by Function, 2022 – 2030
- 9.11.1 Europe Warehouse Management Systems Industry, by Function, 2022 – 2030 (USD Billion)
- 9.12 Europe Warehouse Management Systems Industry, by Industry, 2022 – 2030
- 9.12.1 Europe Warehouse Management Systems Industry, by Industry, 2022 – 2030 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.13.1.1 Asia Pacific Warehouse Management Systems Industry, by Country, 2022 – 2030 (USD Billion)
- 9.13.1 Asia Pacific Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.14 Asia Pacific Warehouse Management Systems Industry, by Component, 2022 – 2030
- 9.14.1 Asia Pacific Warehouse Management Systems Industry, by Component, 2022 – 2030 (USD Billion)
- 9.15 Asia Pacific Warehouse Management Systems Industry, by Deployment, 2022 – 2030
- 9.15.1 Asia Pacific Warehouse Management Systems Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.16 Asia Pacific Warehouse Management Systems Industry, by Function, 2022 – 2030
- 9.16.1 Asia Pacific Warehouse Management Systems Industry, by Function, 2022 – 2030 (USD Billion)
- 9.17 Asia Pacific Warehouse Management Systems Industry, by Industry, 2022 – 2030
- 9.17.1 Asia Pacific Warehouse Management Systems Industry, by Industry, 2022 – 2030 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.18.1.1 Latin America Warehouse Management Systems Industry, by Country, 2022 – 2030 (USD Billion)
- 9.18.1 Latin America Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.19 Latin America Warehouse Management Systems Industry, by Component, 2022 – 2030
- 9.19.1 Latin America Warehouse Management Systems Industry, by Component, 2022 – 2030 (USD Billion)
- 9.20 Latin America Warehouse Management Systems Industry, by Deployment, 2022 – 2030
- 9.20.1 Latin America Warehouse Management Systems Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.21 Latin America Warehouse Management Systems Industry, by Function, 2022 – 2030
- 9.21.1 Latin America Warehouse Management Systems Industry, by Function, 2022 – 2030 (USD Billion)
- 9.22 Latin America Warehouse Management Systems Industry, by Industry, 2022 – 2030
- 9.22.1 Latin America Warehouse Management Systems Industry, by Industry, 2022 – 2030 (USD Billion)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Warehouse Management Systems Industry, by Country, 2022 – 2030 (USD Billion)
- 9.23.1 The Middle-East and Africa Warehouse Management Systems Industry, 2022 – 2030 (USD Billion)
- 9.24 The Middle-East and Africa Warehouse Management Systems Industry, by Component, 2022 – 2030
- 9.24.1 The Middle-East and Africa Warehouse Management Systems Industry, by Component, 2022 – 2030 (USD Billion)
- 9.25 The Middle-East and Africa Warehouse Management Systems Industry, by Deployment, 2022 – 2030
- 9.25.1 The Middle-East and Africa Warehouse Management Systems Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.26 The Middle-East and Africa Warehouse Management Systems Industry, by Function, 2022 – 2030
- 9.26.1 The Middle-East and Africa Warehouse Management Systems Industry, by Function, 2022 – 2030 (USD Billion)
- 9.27 The Middle-East and Africa Warehouse Management Systems Industry, by Industry, 2022 – 2030
- 9.27.1 The Middle-East and Africa Warehouse Management Systems Industry, by Industry, 2022 – 2030 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 EPICOR
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Infor
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Körber AG (HighJump)
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Made4net
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Oracle
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Manhattan Associates
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 PSI Logistics
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 SAP
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Reply
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Softeon
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Tecsys
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Synergy Ltd
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.1 EPICOR
List Of Figures
Figures No 1 to 33
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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FAQs
“Asia Pacific” region will lead the global Warehouse Management Systems market during the forecast period 2022 to 2030.
The world is turning to digital technologies to keep up with social and economic activity. Several small and medium-sized industries have begun to open up to digitization in an effort to keep firms afloat.
The key players operating in the Warehouse Management Systems market are EPICOR, Infor, Körber AG (HighJump), Made4net, Oracle, Manhattan Associates, PSI Logistics, SAP, Reply, Softeon, Tecsys, Synergy Ltd, and Others.
The global Warehouse Management Systems market is expanding growth with a CAGR of approximately 16% during the forecast period (2022 to 2030).
The global Warehouse Management Systems market size was valued at USD 2.5 billion in 2021 and it is projected to reach around USD 10.5 billion by 2030.