Recent ARC Research Reveals that Warehouse Management Systems Market will Remain Relatively Stable Despite COVID-19-related Economic Downturn
June 10, 2020 at 13:29 PM EDT
New ARC Advisory Group research on the warehouse management systems (WMS) market illustrates the path, rate, and pattern of growth that the market will follow as it navigates the COVID-19-related economic downturn, subsequent rebound, and ultimate return to long-term growth.
(PRUnderground) June 10th, 2020
New ARC Advisory Group research on the warehouse management systems (WMS) market illustrates the path, rate, and pattern of growth that the market will follow as it navigates the COVID-19-related economic downturn, subsequent rebound, and ultimate return to long-term growth. According to the research, the WMS market will remain relatively stable during the global economic downturn of 2020. This is due to its role as a mission-critical technology supporting fulfillment operations that are essential to business.
“ARC is forecasting a short-term reduction in demand for WMS implementations and upgrades. However, all but the most distressed WMS users will continue to support their existing infrastructure in the form of WMS maintenance and software as a service (SaaS) subscriptions. Demand for WMS will accelerate in 2021 as COVID-19-related restrictions are relaxed, business activity picks up, and pent-up demand for WMS is released.” according to Clint Reiser, Director of Supply Chain Research at ARC Advisory Group and key author of ARC’s Warehouse Management Systems Global Market Research report.
“Long-term market forces will continue to affect demand for WMS as the economic impact of the coronavirus pandemic diminishes. Most notably, the ongoing rapid growth of e-commerce and omni-channel commerce and these channels’ effects on fulfillment requirements will continue to drive demand for WMS solutions,” added Reiser.
About the Warehouse Management Systems Research
ARC Advisory Group has been conducting warehouse management systems research and publishing the WMS report for 20 years. The extensive history provides valuable insights into the market’s underlying structure and dynamic forces. This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the warehouse management systems market. This new research is based on ARC’s industry-leading market research database and extensive primary and secondary research. The research includes competitive analysis, plus five-year market forecasts by application category, region, revenue type, customer tier, and industry.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.
About ARC Advisory Group
Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure, and cities. ARC stands apart due to our in-depth coverage of both operational technologies (OT) and engineering technologies (ET) and associated business trends. Our analysts and consultants have the industry knowledge and the first-hand experience to help our clients find the best answers to the complex business issues facing organizations today. We provide our technology supplier clients with strategic market research, and help our end user clients develop appropriate adoption strategies and select the best technology solutions for their needs.Press Contact
Original Press Release.