Technology Research Reports Warehouse Management System (WMS) Market

Warehouse Management System (WMS) Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc. “WMS Market Size Worth $5.72 Billion By 2025 | CAGR: 16.3%” The global warehouse management system (WMS) market size is expected to reach USD 5.72 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 16.3% during the forecast period. Growing transition towards cloud-based management systems in the warehouse industry is anticipated to boost the demand for WMS based on the Software-as-a-Service (SaaS) model. Advancements in cloud-based technologies are estimated to fuel the adoption of WMS software irrespective of the size and complexity of the organization where these solutions are used. Surging demand for cloud-based systems can primarily be attributed to medium and small-sized businesses that do not require implementation of advanced warehouse technologies and high-speed automation. Larger organizations are also switching to cloud-based warehouse management systems as it allows organizations to offload exhausting tasks such as maintenance, infrastructure administration, and timely upgrades, among other tasks that are carried out on the on-premise software. Cloud enables businesses running on conventional on-premise technologies to transit to a platform that will support and cater to their clients’ needs more efficiently. Low upfront cost and shorter implementation time are key factors that are encouraging companies to move toward cloud-based systems. The drive toward automation is high-paced where manufacturers are focusing on computerization of majority activities while suppliers are developing WMS solutions to support market demand. Demand for custom warehouse management and supply chain operation solutions is poised to grow over time and drive the market. Follow Us: