Home > Semiconductors & Electronics > Automation > Warehouse Management System Market

Warehouse Management System Market Trends

Report ID: GMI9580
Published Date: May 2024
Report Format: PDF

Download Free Sample

Warehouse Management System Market Trends

There is an increasing demand for real-time visibility in warehouse operations. Businesses are seeking WMS solutions that provide instant access to accurate data on inventory levels, order status, and warehouse activities. Real-time visibility enables better decision-making, improves inventory management, and enhances customer satisfaction by ensuring timely order fulfillment and delivery. With growing environmental concerns, there is a trend toward sustainable & green warehousing practices.

Businesses are adopting WMS solutions that support environment-friendly initiatives such as energy-efficient warehouse design, optimized transportation routes, and reduced packaging waste. Green warehousing not only reduces carbon emissions and environmental impacts but also lowers operating costs and enhances corporate social responsibility.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of warehouse management system reached USD 3.5 billion in 2023 and is set to witness 12% CAGR from 2024-2032, owing to the exponential growth of e-commerce and omnichannel retailing worldwide.

The services segment is expected to register over 12.4% CAGR through 2032, due to offering support, expertise, and assistance to businesses and individuals operating within the industry.

Asia Pacific market held over 35% share in 2023, attributed to rapid industrialization, urbanization, and the expansion of e-commerce in the region.

Manhattan Associates, Blue Yonder Group, Inc., HighJump, Oracle, and IBM, are some of the major warehouse management system equipment companies worldwide.