STIQ WMS MARKET REPORT 2023


Jeeming30

Uploaded on Nov 11, 2023

Category Business

The "Market Report: WMS Software 2023" by STIQ, authored by Thomas Andersson and Yassir Al-Refaie, highlights robust growth in the WMS sector despite challenges in the automation industry. The report indicates healthy performance among WMS vendors in 2023, with factors such as multi- and omni-channel adoption, cloud deployment, and supply chain resilience driving demand. However, the growth of WCS and WES vendors appears more subdued, possibly influenced by trends in automation hardware. The outlook remains positive in the short to medium term, particularly with a continued shift towards WMS cloud deployments. The report also delves into the WMS sector's segmentation, pricing complexities, and the emergence of the Warehouse Execution System (WES). Additionally, it notes the impact of warehouse automation on revenue growth and the prevalence of M&A activity in the WMS software sector, with 30 transactions recorded since 2020.and more info here https://kalkinemedia.com/news/world-news/robots-taking-over-the-warehouse-is-disrupting-the-wms-industry-and-bringing-innovation

Category Business

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