Warehouse Management System Revenues Reach US$10 Billion in 2030 as Companies Integrate Advanced Planning Capabilities

ABI Research New York

have all reported consistent growth, with a large portion of this attributed to Software-as-a-Service (SaaS) offerings and a shift to advanced cloud-native solutions.

Ensuring data transfer and orchestrating more advanced picking processes is also leading to a rise in investment in private wireless networks within warehouses, such as private 5G. ABI Research estimates that the global market for private wireless networks in warehousing has the potential to grow to US$6 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 89.2%, with both established providers including Nokia and Ericsson, as well as emerging providers such as Firecell leading deployments.

"Advanced private wireless networks must be a foundation step for industry 4.0 investment strategies in warehousing. Lower latency, stronger connectivity, and more real-time data transfer are a necessity for advanced software solutions to work to their best ability and ensure the introduction of more automated systems is supported. Companies looking to take their warehouse picking processes to the next level must take a holistic approach and blend multiple technologies to maximize ROI," concludes Wiggin.

These findings are from ABI Research's Smart Warehousing market data report. This report is part of the company's Supply Chain Management and Logistics research service, which includes research, data, and ABI Insights.

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