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
- Software is expected to exhibit a significant growth due to growth in adoption of this technology in the logistics industry.
- Transportation and logistics industry generated the highest revenue among other industry verticals due to increasing adoption of WMS.
- Europe is projected to exhibit a substantial growth during the forecast period.
- Several industry players adopt partnership and product launch as their key strategies to offer innovative products and services and solutions to attain a higher market share.
- The dominant players include Oracle Corporation, SAP SE, Infor Inc., and Manhattan Associates Inc., and others.
- Suppliers seek greater efficiency and productivity, which strengthens the supplier-customer relationships, and is a notable driver for the WMS market.
[edit] Related articles on Designing Buildings Wiki
- Call-off contract.
- Construction buyer.
- Construction consolidation centre (CCC).
- Construction inventory management.
- Construction logistics manager.
- How to manage construction plant.
- Lean construction.
- Logistics.
- Materials on site.
- Off site materials.
- Planned preventive maintenance.
- Prefabrication.
- Resource management.
- Site storage.
- Supply chain management.
- Warehouse.
Featured articles and news
Great British Energy install solar on school and NHS sites
200 schools and 200 NHS sites to get solar systems, as first project of the newly formed government initiative.
600 million for 60,000 more skilled construction workers
Announced by Treasury ahead of the Spring Statement.
The restoration of the novelist’s birthplace in Eastwood.
Life Critical Fire Safety External Wall System LCFS EWS
Breaking down what is meant by this now often used term.
PAC report on the Remediation of Dangerous Cladding
Recommendations on workforce, transparency, support, insurance, funding, fraud and mismanagement.
New towns, expanded settlements and housing delivery
Modular inquiry asks if new towns and expanded settlements are an effective means of delivering housing.
Building Engineering Business Survey Q1 2025
Survey shows growth remains flat as skill shortages and volatile pricing persist.
Construction contract awards remain buoyant
Infrastructure up but residential struggles.
Home builders call for suspension of Building Safety Levy
HBF with over 100 home builders write to the Chancellor.
CIOB Apprentice of the Year 2024/2025
CIOB names James Monk a quantity surveyor from Cambridge as the winner.
Warm Homes Plan and existing energy bill support policies
Breaking down what existing policies are and what they do.
Treasury responds to sector submission on Warm Homes
Trade associations call on Government to make good on manifesto pledge for the upgrading of 5 million homes.
A tour through Robotic Installation Systems for Elevators, Innovation Labs, MetaCore and PORT tech.
A dynamic brand built for impact stitched into BSRIA’s building fabric.
BS 9991:2024 and the recently published CLC advisory note
Fire safety in the design, management and use of residential buildings. Code of practice.