The warehouse management system (WMS) Market is delineated by its components and deployment methods. It comprises hardware, including devices such as scanners and RFID systems, warehouse operations management software, and services encompassing implementation, support, and training. Deployment options offer a choice between cloud-based WMS solutions, known for flexibility and scalability, and on-premise systems, which are hosted locally, ensuring data control. This versatility enables businesses to select the WMS components and deployment methods that best align with their operational needs and infrastructure preferences.
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Data Bridge Market Research analyses that the Europe Warehouse Management System Market was valued at USD 854.47 million in 2021 and is expected to reach USD 2,859.79 million by 2029, registering a CAGR of 16.30% during the forecast period of 2022-2029. Customer expectations for rapid, precise deliveries necessitate advanced warehouse management system (WMS) solutions. These systems optimize order processing, reduce errors, and improve inventory accuracy, ensuring businesses can meet the demands of today's discerning consumers.
Key Findings of the Study
Compliance requirements are expected to drive the market's growth rate
Stringent regulations and compliance requirements, often related to safety, quality, and product tracking, drive the adoption of warehouse management systems (WMS). WMS ensures that inventory is accurately documented and traceable throughout the supply chain, helping companies adhere to these regulations. It provides a robust audit trail and data management capabilities, ensuring that businesses can meet the standards and requirements set by regulatory authorities, reducing the risk of non-compliance and associated penalties.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Component (Hardware, Software, Services), Deployment (Cloud-Based, On-Premise), Type of Tier (Advanced, Intermediate, Basic), Function (Labour Management System, Analytics and Optimization, Billing and Yard Management, Systems Integration and Maintenance, Consulting Services), Distribution Channel (Online, Offline), End-User (Food and Beverage, E-Commerce, Automotive, Third-Party Logistics, Healthcare, Electrical and Electronics, Metals and Machinery, Chemicals, Others)
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Countries Covered
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Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
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Market Players Covered
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Manhattan Associates, (U.S.), Blue Yonder Group, Inc. (U.S.), HighJump (U.S.), Oracle (U.S.), IBM (U.S.), SAP SE (Germany), ACL Digital (U.S.), VMWare Inc. (U.S.), Ericsson Inc (Sweden), Hewlett Packard Enterprise Development LP (U.S.), Softeon (U.S.), Telco Systems (U.S.), NEC Corporation (Japan), Juniper Networks Inc.(U.S.), Infor (U.S.), Versa Networks Inc., (U.S.) and Cisco Systems Inc. (U.S.)
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Segment Analysis:
The Europe warehouse management system market is segmented on the basis of component, deployment, type of tier, function, distribution channel, and end-user.
- On the basis of component, the Europe warehouse management system market is segmented into hardware, software, and services.
- On the basis of deployment, the Europe warehouse management system market is segmented into cloud-based, and on-premise.
- On the basis of type of tier, the Europe warehouse management system market is segmented into advanced, intermediate, and basic.
- On the basis of function, the Europe warehouse management system market is segmented into labour management system, analytics and optimization, billing and yard management, systems integration and maintenance, and consulting services.
- On the basis of distribution channel, the Europe warehouse management system market is segmented into online, and offline.
- On the basis of end-user, the Europe warehouse management system market is segmented into food and beverage, e-commerce, automotive, third-party logistics, healthcare, electrical and electronics, metals and machinery, chemicals, and others.
Major Players
Data Bridge Market Research recognizes the following companies as the Europe warehouse management system market players in Europe warehouse management system market are Manhattan Associates, (U.S.), Blue Yonder Group, Inc. (U.S.), HighJump (U.S.), Oracle (U.S.), IBM (U.S.), SAP SE (Germany), ACL Digital (U.S.), VMWare Inc. (U.S.), Ericsson Inc (Sweden), Hewlett Packard Enterprise Development LP (U.S.), Softeon (U.S.).
Market Developments
- In 2022, Manhattan Associates Inc. revealed that Asda, a prominent UK grocer, had opted for Manhattan Active Warehouse Management to enhance its logistics network. As one of the "Big Four" grocers, Asda aims to deploy cloud-based, adaptable systems that swiftly adapt to evolving customer and market dynamics. This strategic move is set to optimize the efficiency of their distribution operations and meet the demands of an ever-changing retail landscape.
- In May 2020, Manhattan Associates Inc., a prominent provider of warehouse management software, introduced the Manhattan Active Warehouse Management solution. It marked a significant innovation as the world's first cloud-native enterprise-class warehouse management system (WMS). This solution, Manhattan Active WM, is entirely composed of microservices, offering exceptional flexibility, speed, and user-friendliness in distribution management. Notably, it eliminates the need for regular system upgrades, providing a groundbreaking approach to warehouse management.
Regional Analysis
Geographically, the countries covered in the Europe warehouse management system market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
As per Data Bridge Market Research analysis:
Germany is the dominant region in the Europe warehouse management system market during the forecast period of 2022-2029
Germany dominates the warehouse management system market due to the increasing adoption of multi-channel warehouse management systems. These systems enhance demand by offering real-time inventory data through barcoding, serial numbers, and RFID tagging. They provide efficient and accurate tracking of goods, reducing errors and improving overall operational effectiveness. This technology aligns with Germany's reputation for precision and innovation, solidifying its leadership in the global warehouse management system sector.
France is expected to dominate the Europe warehouse management system market in the forecast period 2022-2029
France is expected to dominate the warehouse management system market due to the widespread adoption of multi-channel warehouse management systems. These systems, capable of efficiently managing various sales channels and inventory streams, are in high demand. They optimize inventory management and order fulfillment processes by seamlessly integrating e-commerce, brick-and-mortar retail, and other media. This proficiency in adapting to diverse sales environments cements France's leadership in the global warehouse management system industry.
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