Warehouse Order Picking Software Market Size Was Valued at USD 8.16 Billion in 2022 and is Projected to Reach USD 17.83 Billion by 2030, Growing at a CAGR of 10.26% From 2023-2030.
The increasing need for effective warehouse management solutions in the e-commerce and logistics sectors is driving the rapid growth of the Warehouse Order Picking Software market. This technology automates the task of picking items from warehouse shelves for order completion, enhancing efficiency and quickness. Primary factors involve the necessity to decrease labor expenses, enhance order precision, and boost customer contentment. Due to the rise of online shopping and the demand for same-day delivery, businesses are putting more money into order-picking technologies. Nevertheless, obstacles like expensive implementation costs and the difficulty of integrating with current systems continue to exist. AI-driven automation and the incorporation of robotics present opportunities.
Drivers:
The increasing demand for efficiency and accuracy in warehouse operations, due to the rise of e-commerce and the need for quick order processing, is driving the Warehouse Order Picking Software Market. The use of order picking software in warehouses has been sped up by automation, as well as the growing need to cut costs and enhance customer satisfaction. Furthermore, the increasing popularity of omnichannel retailing and the requirement for immediate inventory management are fueling market expansion.
Top Key Players Covered In Warehouse Order Picking Software Market
ShipBob (US), HandiFox (US), SKUSavvy (US), Shipedge (US), Manhattan Associates (US), Inyxa (US), eoStar (US), K-Store (UK), Voxware (US), ASC Software (US), bMobile route mobile software (US), Kentucky (US), Cirrus Tech (US), iVision (US), Lightning Pick (US), Lucas Systems (US), Veeqo (UK), Scandit (Switzerland), ABB Group (Switzerland), Boltrics (Netherlands), TGW Group (Austria), Iptor (Sweden), Euclid Labs (Italy), Increff (India), Calidus LLC (UAE), and Other Major Players
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Opportunity:
Expanding software solutions to smaller and medium-sized warehouses aiming to streamline operations holds great potential. Incorporating cutting-edge technologies like robotics, AI, and machine learning into warehouse picking software can enhance automation, minimize mistakes, and boost efficiency. Furthermore, as the global supply chain expands, emerging markets offer software providers new chances to serve developing regions. Increasing cloud-based options can also enhance accessibility and scalability for warehouse operators.
Segmentation Analysis of the Warehouse Order Picking Software Market
Warehouse Order Picking Software Market is Segmented on the basis of Type, Deployment Model, Picking System, and Application.
By Type
- Barcode scanning/RFID picking
- Paper-based picking
- Voice-directed picking
- Pick-to-light
By Deployment Mode
- Cloud-based
- On-premise
By Picking System
- wave picking
- batch picking
- zone picking
By Application
- E-Commerce, Construction
- Retail
- Transportation & Logistics
- Healthcare
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By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Questions Answered:
- What is the market size and CAGR of the Warehouse Order Picking Software Market during the forecast period?
- How is the growing demand impacting the growth of Warehouse Order Picking Software Market shares?
- What is the growing demand of the Warehouse Order Picking Software Market during the forecast period?
- Who are the leading vendors in the market and what are their market shares?
- What is the impact of the COVID-19 pandemic on the APAC Warehouse Order Picking Software Market?
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