India Omni-channel and Warehouse Management Systems Market to grow $488 million by 2024
According to a new market research report "India Omni-channel and Warehouse Management Systems Market Type (Omni-Channel Solutions and Warehouse Management Systems), Component (Hardware, Software, and Service), Deployment Type (On-Premise and On-Cloud), and Vertical - Forecast to 2024", The India omni-channel and warehouse management systems market size is expected to grow from USD 231 million in 2019 to USD 488 million by 2024, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period.
Browse 13 market data Tables and 23 Figures spread through 89 Pages and in-depth TOC on "India Omni-channel and Warehouse Management Systems Market Type (Omni-Channel Solutions and Warehouse Management Systems), Component (Hardware, Software, and Service), Deployment Type (On-Premise and On-Cloud), and Vertical - Forecast to 2024"
Request PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3747439
WMS segment to grow at a higher CAGR during the forecast period
Enterprises are adopting WMS to gain competitive advantage, flexibility, improve just-in-time delivery, increase optimization, and reduce operational expenses. The Indian warehouse management systems market is comparatively less mature than various other countries mainly because of restraints, such as awareness levels, acceptance, and demand for quick Return on Investment (RoI). However, WMS adoption and penetration level are picking up the pace in the Indian market with logistics, industrial, and retail sectors having the highest adoption. Future growth of this market is expected to be driven mainly by eCommerce.
On-cloud segment to grow at a higher CAGR during the forecast period
Retailers are looking forward toward physical strategies to leverage online, as well as offline channels. Having a presence in the offline format, along with digital format, or vice-versa would enable retailers to cross-sell, maximize sales, as well as build customer loyalty by providing brand experience through the personalized stores.
The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to expand their presence in the market. The major vendors in India omni-channel solutions market include SAP Hybris (Germany), IBM (US), JDA Software (US), Shopify (Canada), ETP International (Singapore), and Infor (US). While the major vendors in India Warehouse Management market include SAP (Germany), JDA Software (US), Infor (US), and Technoforte Software (India).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com
Content Source:
https://www.marketsandmarkets.com/PressReleases/india-omni-channel-warehouse-management-systems.asp