U.S. Warehouse Management System Industry
The U.S. warehouse management system market size was valued at USD 783.0 million in 2023 and is projected to grow at a CAGR of 20.0% from 2024 to 2030. To meet the rising consumer demand, logistics companies in the U.S. are striving to enhance their operations owing to challenges posed by fluctuating markets and shipping schedules. The U.S. markets are expected to experience a surge in the demand for warehouse management systems (WMS) as manufacturers adapt their supply chain models to accommodate changing market dynamics. One key trend driving the market growth is the need for manufacturers to automate warehouse management processes and reduce costs.
The escalating demand for WMS is fueled by its capacity to expedite product shipping and ensure the fastest delivery times through optimal shipping routes. In 2023, the U.S. market accounted for approximately 19.85% share of the global warehouse management system market.
Gather more insights about the market drivers, restrains and growth of the U.S. Warehouse Management System market
The integration of automation and AI-driven decision-making through WMS is revolutionizing the supply chain and logistics sector by enabling improvements in efficiency and reducing order processing errors. Supply chains become more flexible and responsive owing to the use of these technologies, resulting in unprecedented speeds in order processing, better demand forecasting, and inventory management. Deliveries are made faster and with more reliability owing to the use of cutting-edge technologies such as route optimization and real-time tracking. This ultimately increases customer satisfaction and loyalty, resulting in fueling the market growth for WMS.
Cloud-based WMS systems provide a dynamic and adaptable platform for businesses that require agility, scalability, and real-time insights into their operations. These systems offer seamless integration, making real-time data access across the supply chain, from order fulfillment to inventory management, possible. By reducing the requirement for substantial on-premise infrastructure, the cloud-based method lowers expenses while improving accessibility. It also makes remote administration and communication possible, which is essential in dispersed work environments. Cloud-based WMS systems are expected to become increasingly popular owing to the growing demand for efficiency, cost-effectiveness, and adaptability. These advantages of cloud-based WMS systems are anticipated to propel growth of the U.S. WMS market.
Key U.S. Warehouse Management System Copmany Insights
Some of the prominent players in the market include Made4net, Epicor, Infor, and Blue Yonder among other major players.
- Blue Yonder Group, Inc., formerly known as JDA Software, is a global software company specializing in supply chain management and retail solutions. The company offers a comprehensive suite of cloud-based solutions, including supply chain planning, transportation management, warehouse management, retail planning, and workforce management. These solutions leverage advanced technologies, such as Artificial Intelligence (AI), Machine Learning (ML), and data analytics, to provide businesses with actionable insights and predictive capabilities for better decision-making.
- Infor, Inc. offers enterprise software solutions with industry-specific functionalities. The company’s solutions are designed to enable customers to plan and execute their supply chain strategies effectively and more profitably. The company has been operating as a standalone subsidiary of Koch Industries Inc. since February 2020, when it was acquired by the latter. Koch Industries Inc., an investor in Infor, Inc. since 2017, acquired the entire equity stake in Infor, Inc. from Golden Gate Capital.
Logiwa and DecisionPoint are some of the emerging companies in the U.S. market for warehouse management system.
- Logiwa is a cloud-based system for multichannel order fulfillment and warehouse management. It is tailored for small and medium-sized e-commerce and retail enterprises. This software streamlines warehouse and inventory management. With features for managing backorders, cross-docking, and intelligent picking, it synchronizes multi-channel order fulfillment efficiently. It is engineered to enhance processes like warehouse and inventory management, billing, and ensuring customer satisfaction, it offers visibility and control throughout the order fulfillment journey.
- DecisionPoint provides workforce management solutions catering to diverse industries including warehouse management, retail management, and field service. Its suite encompasses features such as dispatching, work order management, invoicing, inventory management, mobile inventory, and price management. Additionally, it offers functionalities like merchandising, CRM, ordering, pricing and promotions, asset tracking, delivery returns, invoicing and payments, integrated GPS, data forms, web portal technology, and real-time communication.
Key U.S. Warehouse Management System Companies:
- EPICOR
- Infor
- Made4net
- Manhattan Associates
- Oracle
- Blue Yonder Group
- SAP
- Softeon
- Synergy Logistics Ltd
- Körber AG (HighJump)
Recent Developments
- In November 2023, Blue Yonder, a leading supply chain solutions provider, announced the acquisition of Doddle, a leading technology business focused on making the first and last mile more seamless, sustainable, and profitable. With this acquisition, Blue Yonder offers a more comprehensive logistics suite designed to build more sustainable and profitable end-to-end supply chains.
- In November 2023, Epicor, a global leader in industry-specific enterprise software designed to promote business growth, announced the acquisition of Elite EXTRA, a leading provider of cloud-based last-mile delivery solutions. The acquisition expands Epicor's ability to help its customers across the make, move, and sell industries simplify last-mile logistics and compete in a hyper-competitive market more effectively. Financial terms were not disclosed.
Order a free sample PDF of the U.S. Warehouse Management System Market Intelligence Study, published by Grand View Research.