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/PRNewswire/ The global warehouse management systems market size is anticipated to reach USD 11.08 billion by 2030, advancing at a CAGR of 16.1% from 2022.
to reach USD 8.1 billion by 2028,
growing at a CAGR of 15.3% from 2021 to 2028, according to a new report by Grand View Research, Inc. Growing transition towards cloud-based management systems in the warehouse industry is anticipated to boost the demand for warehouse management systems (WMS) based on the Software-as-a-Service (SaaS) model. Advancements in cloud-based technologies are estimated to fuel the adoption of WMS software irrespective of the organization s size and complexity where these solutions are used. Surging demand for cloud-based systems can primarily be attributed to medium- and small-sized businesses that do not require the implementation of advanced warehouse technologies and high-speed automation.