The global market for Warehouse Management Systems (#WMS) is on a remarkable growth trajectory. Valued at $2.4 billion in 2022, it's projected to soar to a staggering $6.4 billion by 2030, growing at a CAGR of 12.9% during the analysis period of 2022-2030:
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The software component of WMS is making significant strides, expected to hit $2.8 billion by 2030, growing at a 13.9% CAGR. This growth reflects the increasing demand for innovative solutions in warehouse management.
The U.S. market currently stands at $631.1 million, showcasing strong growth potential. Meanwhile, China is racing ahead with a projected CAGR of 16.9%, signaling its rapidly expanding WMS market, expected to reach $1.6 billion by 2030. Other notable markets include Japan and Canada, with forecasted growth rates of 9% and 10.8%, respectively.
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Marketing - Marcomms: Consultant (B2B: Technology/Software/Systems/Services). Business & Product Positioning / Repositioning, Business Rebranding, Website, Proposition & Content Development, SEO (WMS, ERP, Cloud - SaaS)
1moLooking forward to getting to know, and working with, the Aptean teams 😉