Warehouse Management System Market is expected to grow US$ 9,332.6 Million by 2027 from US$ 2,608.5 million in 2018. Unprecedented growth in trade businesses and e-commerce has resulted in increased operational complexities for warehouses. Also a tremendous growth in the myriad warehousing facilities leading to rising competition, the companies operating in the supply chain and logistics industry tend to adopt capabilities that enable efficient competing in the Warehouse Management System Market place. The component segment of Warehouse Management System market is categorized into software and services. The services offered by WMS providers use a rational approach to set up supporting infrastructure that ensures technology is lined up with the objectives of warehouses irrespective of the size and nature of the organization, through each stage of any transformation initiative.

Some of the major companies operating in the market include International Business Machines Corporation, PSI Software AG, SAP SE, Epicor Software Corporation, Oracle Corporation, JDA Software Group, Inc, Infor INC., Manhattan Associates, PTC, Inc., and TECSYS Inc. among others.

Warehouse management system market by industry vertical is segmented into manufacturing, automotive, food & beverage, healthcare, and retail & e-commerce. The growth in the e-commerce industry has led to increased demand for e-commerce fulfillment services. Amazon is considered to be one of the major contributors to the advancement of warehouse management by the deployment of advanced WMS. The widespread and continuously burgeoning e-commerce market, coupled with the rising trend of same-day delivery are the key influencers encouraging the e-commerce fulfillment service providers to implement the warehouse management system.

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The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the warehouse management system industry.

Furthermore, as the unemployment rate in China and the U.S remain to be at their lowest, the labor costs are projected to increase. This in response is expected to disrupt the supply chain industry as managing the overhead cost would become difficult for the coming years. This rise in the labor cost, in turn, would increase the demand for cost-efficient automation solutions that would reduce the operation cost and allow the supply chain and logistics companies focus on improving their end-customer services. The trend is expected to benefit the warehouse management system market in the forthcoming years across all the major regions.

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