Warehouse Management Systems Market: Key Players and Production Information analysis
Transparency Market Research (TMR) notes that the global warehouse management systems market is categorized by the presence of several large and small players operating. The rivalry between the players is likely to increase as they aim at offering cloud-based software management systems.
Among the multiple strategies adopted by players in the global warehouse management systems market to stay ahead of competitors, instantaneous connection to multiple warehouse infrastructure has paid off the most. The global warehouse management systems market is expected to grow steadily due to the existence of large players who are investing in easier inventory management. Some of the leading players in the global warehouse management systems market are Oracle Corporation, JDA Software, Manhattan Associates, and SAP SE.
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The TMR report projects the global warehouse management systems market to register a promising CAGR of 14.1% from 2017 to 2025. By the end of 2025, the market will be worth US$4,658.0 mn, predicts the report.
Out of various services, the demand for maintenance is expected to remain high in the next few years due to the constant need for monitoring and controlling various complex warehouse and distribution activities. Region-wise, Asia Pacific is expected to lead the global warehouse management systems market in the coming years. This is attributed to the flourishing software companies and the demand for extended WMS solutions to support cloud integration.