South America Warehouse Management System Market

The South America warehouse management system market is expected to grow from US$ 499.82 million in 2023 to US$ 1,059.24 million by 2030; it is estimated to grow at a CAGR of 11.3% from 2023 to 2030.

Relocation to Cloud-Based WMS

Among distributors and manufacturers, the demand for warehouse management systems continues to rise across basic functionality with the flexibility to grow and expand the supply chain. To support multiple clients at a warehouse or serve one enterprise, distributors and manufacturers focus on increasing profitability with the help of cloud migration. The cloud-based warehouse management solutions with an efficient and structured methodology ensure the successful migration of dynamic and master data into the target system. Moreover, a cloud-based, customizable, standalone warehouse management system with integrated enterprise resource planning (ERP) systems and supply chain modules streamlines every business process. As information technology undergoes rapid change, organizations of all types embrace moving computing infrastructure from on-premises to the cloud. In May 2020, Manhattan Associates Inc.—one of the significant leaders in warehouse management software—unveiled the new Manhattan active warehouse management solution, the world’s first cloud-native enterprise-class WMS. In addition, it unifies every aspect of distribution and never needs upgrading. Therefore, modernizing, upgrading, and improving an incumbent warehouse involves migrating data from platform to platform and from on-premises to cloud systems.

Growing economies across manufacturing, healthcare, and retail sectors impact operational efficiencies, resulting in increased production levels to manage the increasing consumer demands. To address these growing demands, warehousing companies are also continually progressing to overcome any challenges that may arise due to fluctuating product markets and logistics schedules. Moreover, advanced technologies are being implemented in warehouse management systems to meet customer requirements. With the help of big data, artificial intelligence, and advanced predictive analytics technologies, conventional warehouse planning and analysis enhance real-time stock-level information. It is used to optimize ordering quantities and delivery timing. In addition, predictability and service level for the end consumer can be visibly improved, and risks of supply chain disruptions are minimized. More advanced use of computer vision in autonomous machines, such as transport robots in warehouses or drones for the transportation of packages directly, will allow future integration of these devices into the Internet of things, thereby improving the efficiency of the logistics supply chain.

South America Warehouse Management System Market Overview

The e-commerce boom in South America is changing how companies serve their customers. Brazil is a driving force in South America’s economy and economic trends, one major trend being e-commerce. The Brazil e-commerce industry rose by 31% in the first six months of 2021 compared to the first six months of 2020. In addition, the total number of orders increased by 7.4%. Thus, the rising e-commerce sector contributes to the increase in the need for warehousing, propelling the demand for warehouse management systems.

There is rising for automation in South America to reduce attractive labor costs and contributes to building companies’ reputations for delivering high-quality products quickly and reliably. While this growth is creating excitement among the region’s executives, it is also presenting them with new challenges. Today, there is special pressure on businesses in South America to adopt leading-edge supply chain practices and tools to collaborate with their new global partners, compete successfully in international markets, and increase profitability.

South America Warehouse Management System Market Revenue and Forecast to 2030 (US$ Million)

South America Warehouse Management System Market Segmentation 

The South America warehouse management system market is segmented based on component, tier type, industry, and country. Based on component, the South America warehouse management system market is segmented into hardware, software, and services. The hardware segment held the largest South America warehouse management system market share in 2023.

Based on tier type, the South America warehouse management system market is segmented into advance [Tier 1], intermediate [Tier 2], and basic [Tier 3]. The intermediate [Tier 2] segment held the largest South America warehouse management system market share in 2023.

Based on country, the South America warehouse management system market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America warehouse management system market share in 2023.

International Business Machines Corp; SAP SE; Epicor Software Corp; Softeon Inc.; Oracle Corp; Panasonic Holdings Corp; Infor Inc; Manhattan Associates Inc; and PTC Inc are the leading companies operating in the South America warehouse management system market.

South America Warehouse Management System Market Strategic Insights

South America Warehouse Management System Market Segmentation Analysis

South America Warehouse Management System Market Report Highlights

South America Warehouse Management System Report Scope

South America Warehouse Management System Market Country and Regional Insights