WAREHOUSE MANAGEMENT SYSTEM MARKET IS PROJECTED TO REACH $5.1 BILLION BY 2025 | CAGR OF 16.0%

According to the new market research report “Warehouse Management System Market with COVID-19 Impact Analysis by Offering (Software, Services), Deployment (On-Premise, On-Cloud), Tier Type (Advanced, Intermediate, Basic), Industry (3PL, Automotive, E-Commerce), and Region – Global Forecast to 2025″, the warehouse management system (WMS) market is likely to reach USD 5.1 billion by 2025 from USD 2.4 billion in 2020, at a CAGR of 16.0% from 2020 to 2025. The growth of this market can be attributed to the increasing growth in e-commerce industry due to onset of COVID-19 pandemic, emergence of multi-channel distribution networks, globalization of supply chain networks, increasing adoption of on-cloud WMS solutions, and need for efficient forecasting models.

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