Despite the global recession, the worldwide market for warehouse management systems shrank just under one percent in 2008. ARC Advisory Group is forecasting a much more substantial downturn in 2009, before the WMS market begins to grow again in 2010. Because of the two-year downturn, the market is only projected to grow by a CAGR of 2.2 percent through 2013. The market was $1.2bn in 2008 and is forecasted to be $1,4bn in 2013, according to a new ARC Advisory Group study.
Source: ARC Advisory Group