WMS Market Driven by E-Fulfillment Requirements
A Warehouse Management Systems (WMS) primary mission is to manage a warehouse’s resources, including space, labor, equipment, tasks, and material flows. ARC defines a WMS as a real-time solution that utilizes radio frequency, voice recognition, radio frequency identification (RFID), or real-time location systems.
The worldwide market for warehouse management systems grew by 8 percent in 2012. Growth remained broad-based, occurring in both well-established and emerging market segments. The WMS replacement cycle is responsible for much of the recent growth in the mature segments. As this dynamic plays out, more enduring factors will propel future WMS market growth.
The omni-channel retail paradigm will continue to increase demand for WMS by
retailers, branded apparel companies, and 3PLs. Retailers and branded goods providers are reconfiguring traditional warehouses with new zones focused on e-commerce. Retailers are also purchasing in-store WMS solutions to improve store-level inventory accuracy and expand order and fulfillment options.
Adoption of add-on modules such as labor management, slotting optimization, and warehouse analytics will increase as users extend their WMS footprints to increase warehouse productivity. Incumbent WMS suppliers will support this trend with ongoing product development to meet existing customers’ evolving requirements.
The growth rate of the worldwide WMS market has been extremely volatile over the last few years. In addition, the WMS market is a maturing enterprise software market. Therefore, numerous factors are affecting growth in the market’s segments to differing degrees. This study will help to answer questions such as:
- What are the expected growth levels by end user industry and when will this growth occur?
- What are the factors driving growth in the WMS market and what segments will benefit most from these factors?
- Who are the leading WMS suppliers in the various regions, industries, and other revenue segments?
- Which regions are expected to experience the greatest growth and what factors will drive that growth?