The Business Research Company’s report on the Warehouse Execution System Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the warehouse execution system market further?
The rising growth of the e-commerce sector owing to the pandemic propels the growth of the warehouse execution system market. E-commerce (electronic commerce) refers to the purchasing and selling of goods and services, along with the transmission of payments and data, over an electronic network, primarily on the internet. A warehouse execution system helps E-commerce by managing, optimizing, and directing the physical work processes such as picking, receiving, and replenishment in a warehouse or distribution center. For instance, according to the US Department of Commerce, the executive department of the U. S. federal government, concerned with economic growth and opportunity, in the first quarter of 2022, retail e-commerce sales increased by 2.4 % as compared to the first quarter of the previous year, 2021, which was valued at $250.0 billion. Therefore, the rising growth of the e-commerce sector owing to the pandemic is driving the warehouse execution system market growth.
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What are the key factors influencing the forecasted market size of the warehouse execution system industry?
The warehouse execution system market size has grown rapidly in recent years. It will grow from $1.98 billion in 2024 to $2.21 billion in 2025 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to pilot projects and success stories, industry-specific requirements, focus on real-time visibility, labor shortages and cost pressures, customer expectations.
The warehouse execution system market size is expected to see rapid growth in the next few years. It will grow to $4.02 billion in 2029 at a compound annual growth rate (CAGR) of 16.2%. The growth in the forecast period can be attributed to cross-industry adoption, data analytics, focus on sustainability, customer-centric fulfillment, and demand for operational efficiency. Major trends in the forecast period include automation and robotics integration, ai and machine learning implementation, multi-channel fulfillment, cloud-based solutions, dynamic slotting and inventory optimization.
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Who are the leading competitors in the warehouse execution system market?
Major companies operating in the warehouse execution system market include Softeon, SSI SCHAEFER – Fritz Schaefer GmbH, Fortna Inc., Invata Intralogistics, Tompkins International Inc., Manhattan Associates Inc., Blue Yonder Group Inc., Körber AG, Oracle Corporation, SAP SE, Matthews Automation Solutions, Bastian Solutions LLC, Honeywell International Inc., Toyota Material Handling, VARGO Integrated Systems Inc., Westfalia Technologies Inc., Swisslog, Dematic, Mantis, Inther Group, Transportgeräte Wels Logistics Group, viastore SYSTEMS, Knapp AG, KION Group, Vanderlande Industries, Beumer Group GmbH & Co. KG, Interroll Holding AG, Daifuku Co. Ltd., Murata Machinery Ltd., GreyOrange
Which emerging trends are set to transform the warehouse execution system market landscape?
Technological advancements are the key trends gaining popularity in the warehouse execution system market. Major companies operating in the warehouse execution systems sector are focused on developing new technologies to strengthen their position in the warehouse execution systems market. For instance, in March 2024, Kardex Group, a Switzerland-based company that focuses on developing innovative automated solutions for logistics and warehouse management to optimize storage and retrieval processes, launched the FulfillX solution, a warehouse execution system (WES). The flexible FulfillX WES enhances picking and packing by leveraging AutoStore capabilities to fulfill orders efficiently while optimizing putaway and inventory processes. With Kardex FulfillX, users gain real-time visibility into their operations, allowing them to manage tasks through a streamlined interface and receive downtime estimates. Additionally, Kardex’s dedicated AutoStore support team facilitates quick enhancements to the system. The system also features robust security with Microsoft Identity single sign-on and role-based security.
How do different geographies compare in terms of market share and growth potential in the warehouse execution system market?
Western Europe was the largest region in the warehouse execution system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the warehouse execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the warehouse execution system market are experiencing the fastest growth?
The warehouse execution system market covered in this report is segmented –
1) By Component: Software, Service
2) By Deployment: On-Premises, Cloud
3) By End User: Consumer Electronics, Healthcare, Food And Beverages, Automotive, Third-Party Logistics (3PL), Other End Users
Subsegments:
1) By Software: Warehouse Management Software (WMS), Order Management Software, Inventory Management Software
2) By Service: Consulting Services, Implementation Services, Support And Maintenance Services
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How is the warehouse execution system market defined, and what are its core characteristics?
The warehouse execution system refers to a software application that optimizes facility management that integrates with a warehouse management system (WMS), an enterprise resource planning system (ERP) to manage and direct physical work processes. The warehouse execution system is used to maximize productivity, optimize inventory, increase accuracy, and improve safety.
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