The increase in the e-commerce industry is expected to drive market growth. In addition, adopting cloud based warehouse management software (WMS) is boosting market growth. However, the high initial investmentsis expected to restrain market growth, and the rise in adopting the IoT in warehousing is expected to be an opportunity for market growth. However, a lack of awareness about the benefit of WMS among small-scale industries is expected to be a challenge for market growth.
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Data Bridge Market Research analyzes that the Europe Warehouse Management Software (WMS) Market is expected to grow at a CAGR of 15.7% in the forecast period of 2023 to 2030 and is expected to reach USD 2,692,688.95 million by 2030. The software segment is projected to propel the market growth due to factors such as low labor cost, proper communication, easy access to highly skilled labor, quality service, and others.
Key Findings of the Study
Increase In Growth Of E-Commerce Industry
The growth of e-commerce and omni-channel retailing has significantly increased the complexity of warehouse operations. Warehouse management software (WMS) enables efficient inventory management, order fulfillment, and shipment tracking, which are crucial for meeting customer expectations in the e-commerce era. E-commerce (electronic commerce) is the process of the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. Nowadays, consumers can browse through entire store catalogs from the comfort of their homes, and many enterprises are entering into online business. Warehousing is an important component of an e-commerce organization. It includes managing supply and demand, inventory tracking, order entry, order management, labor management, distribution, and delivery to the customer.
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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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Standalone WMS, Integrated, and Cloud WMS), Function (Inventory Management, Order Picking, Packing and Fulfilment, Shipping, Receiving and Put-Away Process, Labour Management, Yard and Dock management, Warehouse Metrics and Analytics, and Others), Number of Warehouse (Single Warehouse, and Multi-Warehouse), Deployment (On–Premise, and Cloud), Tier Type (Intermediate WMS, Advanced WMS, and Basic WMS), End-Use (Manufacturing, Retail & E-Commerce, Food & Beverages, Automotive, Healthcare & Pharmaceuticals, Electrical & Electronics, Chemicals, and Others)
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Countries Covered
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Germany, U.K., France, Italy, Spain, Switzerland, Russia, Belgium, Netherlands, Sweden, Turkey, Denmark, Poland, Austria, Norway, Finland and Rest of Europe
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Market Players Covered
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Mecalux S.A. (Spain), AEB SE (Germany), PSI Logistics GmbH (Germany), Consafe Logistics, Deposco, Inc. (Sweden), THE DESCARTES SYSTEMS GROUP INC (Canada), Made4net (U.S.), Hardis Group (France), Ehrhardt Partner Group (EPG) (Germany), Generix Group (Germany), increff.com (Germany), Mantis Informatics S.A. (Poland), Blue Yonder Group, Inc. (A subsidiary of Panasonic Corporation) (U.S.), Oracle (U.S.), SAP SE (Germany), Infor (A subsidiary of Koch Industries) (Germany), Manhattan Associates (U.S.), Tecsys Inc. (Canada), Microsoft (U.S.), Kober AG(Germany), and Reply (Italy)
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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 software (WMS) market is segmented into six notable segments based on type, function, number of warehouse, deployment, tier type, and end-use.
- On the basis of type, the market is segmented into standalone WMS, integrated, and cloud WMS.
In 2023, the standalone WMS segment is expected to dominate the Europe warehouse management software (WMS) market
In 2023, the standalone WMS dominates the market with a market share of 59.28% because the standalone WMS solutions often offer greater flexibility and customization options than integrated or ERP-based systems.
- On the basis of function, the market is segmented into inventory management, order picking, packing and fulfilment, shipping, receiving and put-away process, labor management, yard and dock management, warehouse metrics and analytics, and others.
In 2023, the inventory management segment is expected to dominate the Europe warehouse management software (WMS) market
In 2023, the inventory management segment is dominating the market with a market share of 33.93% as effective inventory management is crucial for optimizing warehouse operations and ensuring that the right products are available when needed.
- On the basis of number of warehouse, the market is segmented into single warehouse and multi-warehouse. In 2023, the single warehouse segment is dominating the market with a market share of 78.18%
- On the basis of deployment, the market is segmented into on–premise and cloud. In 2023, the on–premise segment is dominating the market with a market share of 78.78%
- On the basis of tier type, the market is segmented into intermediate WMS, advanced WMS, and basic WMS. In 2023, the intermediate WMS segment is dominating the market with a market share of 68.55%
- On the basis of end-use, the market is segmented into manufacturing, retail & e-commerce, food & beverages, automotive, healthcare & pharmaceuticals, electrical & electronics, Chemicals, and others. In 2023, the manufacturing segment dominated the market with a market share of 31.48%
Major Players
Data Bridge Market Research recognizes the following companies as the major Europe Warehouse Management Software (WMS) market players, which are Mecalux S.A. (Spain), AEB SE (Germany), PSI Logistics GmbH (Germany), Consafe Logistics, Deposco, Inc. (Sweden), THE DESCARTES SYSTEMS GROUP INC (Canada), Made4net (U.S.), Hardis Group (France), Ehrhardt Partner Group (EPG) (Germany), Generix Group (Germany), increff.com (Germany), Mantis Informatics S.A. (Poland), Blue Yonder Group, Inc. (A subsidiary of Panasonic Corporation) (U.S.), Oracle (U.S.), SAP SE (Germany), Infor (A subsidiary of Koch Industries) (Germany), Manhattan Associates (U.S.), Tecsys Inc. (Canada), Microsoft (U.S.), Kober AG(Germany), and Reply (Italy) among others.
Market Developments
- In May 2023, SAP SE launched SAP Warehouse Management in SAP S/4HANA Cloud 2302. With this most recent Cloud release, SAP SE made several changes to core functionality, user experience, and expansion opportunities. Such innovation helps the company to cater to more customers globally
- In June 2023, Körber's voice-directed workflow platform, Körber One Voice, received validation from Zebra Technologies, confirming its compliance with Zebra's standards for performance and functionality on their mobile computers. The validation from Zebra Technologies strengthens Körber's position in the market and gives customers the confidence to adopt Körber One Voice, leading to increased efficiency and optimized warehouse operations
- In May 2023, Körber was recognized as a Leader in the 2023 Gartner Magic Quadrant for Warehouse Management Systems, showcasing its comprehensive range of supply chain capabilities and commitment to helping global customers tackle complex supply chain challenges. This acknowledgment as a Leader in the Gartner Magic Quadrant for Warehouse Management Systems reinforces Körber's reputation and positions the company as a trusted partner for businesses seeking to build agile, efficient, and sustainable supply chains
- In June 2023, Microsoft's 2023 release wave 1 for the Warehouse Management module brings exciting features like warehouse groups, allowing streamlined configuration across multiple warehouses and simplifying setup processes. The introduction of warehouse groups enables efficient configuration management and enhances scalability for businesses using multiple warehouses
- In June 2021, Infor was selected by PacWolf for Infor Warehouse Management System (WMS). Under this, Infor WMS will help PacWolf to improve efficiency by automating key workflows, including replenishment and invoicing. This will help the company enhance their enhance its market customer base
Regional Analysis
The Europe warehouse management software (WMS) market is analyzed, and market size insights and trends are provided by type, function, number of warehouse, deployment, tier type, and end-use.
The countries covered in the Europe warehouse management software (WMS) market report are Germany, U.K., France, Italy, Spain, Switzerland, Russia, Belgium, Netherlands, Sweden, Turkey, Denmark, Poland, Austria, Norway, Finland and Rest of Europe.
As per Data Bridge Market Research analysis:
Germany is expected to dominate and U.K. is expected to fastest growing country in the Europe warehouse management software (WMS) market during the forecast period 2023 -2030
Germany is expected to dominate the Europe warehouse management software (WMS) market owing to many product launches in the region's major markets and increasing consumer awareness. Germany has a long-standing reputation for its technological expertise and engineering prowess. The country is known for its advanced manufacturing capabilities and high-quality standards. This expertise translates into the development of robust and innovative warehouse management software solutions.
The U.K. is expected to fastest growing country in Europe as it has experienced significant growth in e-commerce, with a robust online retail sector. There is a greater demand for efficient warehouse operations to support order fulfillment as more businesses and consumers shift towards online shopping. This increased demand for warehouse software solutions may have contributed to the market's growth in the U.K.
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