Last edited 26 Apr 2019

Warehouse management systems

[edit] Introduction

The warehouse management system (WMS) market is expected to garner $3,112 million by 2022, growing at a CAGR of 15.2% during the period 2016-2022. This can be attributed to the increase in inventory and workload of WMS in warehouse operations. Europe is expected to be the largest market during the forecast period.

WMS reduces delivery lead times and errors while processing orders.

By component type, software held the highest marketshare in 2015, and services is anticipated to show the highest growth rate. Among the various industry sectors, transportation and logistics is projected to dominate the market. However, pharmaceuticals is expected to have the fastest growth rate.

Asia-Pacific is expected to grow fastest due to increase in the adoption of WMS services and extensive growth in Japan, China, Australia, and India.

[edit] Key findings

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