DUBLIN--(BUSINESS WIRE)--The "India Omni-channel and Warehouse Management Systems Market Type (Omni-Channel Solutions and Warehouse Management Systems), Component (Hardware, Software, and Service), Deployment Type (On-Premise and On-Cloud), and Vertical - Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The India omni-channel and warehouse management systems market is projected to grow from USD 231 million in 2019 to USD 488 million by 2024, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period.
The India omni-channel market growth is largely driven by factors, such as an increase in online sales, connected Indian consumers, and easement of FDI policies in India. Whereas the warehouse management market is largely driven by factors, such as Goods and Service Tax (GST) and Make in India Initiative.
The software segment has the largest market share in India omni-channel and warehouse management systems market during the forecast period
The key factors driving the omni-channel solutions market are increasing consumer adoption for online and other multiple channels, technology progress, and retailer push. In addition, government initiatives would come as complementing steps to the growth of omni-channel retailing. Retailers in India are understanding the importance of having omni-channel capabilities in the modern world. With omni-channel, retailers have reduced customer acquisition cost, improved order accuracy, and enhanced customer satisfaction.
Apparel and food and beverages verticals have the largest market shares in India omni-channel market during the forecast period
Apparel, and food and beverages are the leading verticals in terms of omni-channel adoption and this split is expected to remain identical over the next 3-5 years. The retail vertical is rapidly digitalizing its customer-facing processes, which is primitive to create an enhanced customer experience. This, in turn, has increased the retailing scope to multiple channels, such as physical, eTailing, mobile retailing, and home shopping
The major vendors in India omni-channel solutions market include SAP Hybris (Germany), IBM (US), JDA Software (US), Shopify (Canada), ETP International (Singapore), and Infor (US). While the major vendors in the India warehouse management market include SAP (Germany), JDA Software (US), Infor (US), and Technoforte Software (India).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Premium Insights
4 India Omni-channel and Warehouse Management Systems Market Overview
4.1 Market Drivers (Omnichannel Solutions)
4.1.1 Connected Indian Consumer
4.1.2 Increase in Online Sales
4.1.3 Easement of FDI Policies in India
4.2 Market Drivers (WMS)
4.2.1 Introduction of Goods and Services Tax (GST)
4.2.2 Make in India Initiative
4.2.3 Emergence of Multichannel Distribution Network
4.2.4 Omni-Channel Sales Driving Adoption
4.2.5 Increasing Adoption of Cloud Solutions
4.2.6 Increasing Distribution Center Automation
4.2.7 Growth in E-Commerce Industry
4.2.8 Supply Chain Network Globalization
4.3 Market Challenges (Omnichannel Solutions)
4.3.1 Lack of Back-End Integration
4.3.2 Omni-Channel Cannibalization
4.3.3 Ease of Product Return
4.3.4 Lack of Internal Readiness
4.4 Market Challenges (WMS)
4.4.1 Reluctance in Replacement of Legacy Systems
4.4.2 Lack of Skilled and Trained Manpower
4.4.3 Lack of Standardization in WMS Implementation
4.4.4 Dearth of Awareness and Penetration
5 India Omni-channel and Warehouse Management Systems Market Sizing
5.1 India Omni-Channel and Warehouse Management Solutions Market, By Type Opportunity
5.2 India Omni-Channel and Warehouse Management Solutions Market, By Component Opportunity
5.3 India Omni-Channel Management Solutions Market, By Component Opportunity
5.4 India Warehouse Management Solutions Market, By Component Opportunity
5.5 India Omni-Channel Management Solutions Market, By Deployment Type Opportunity
5.6 India Warehouse Management Solutions Market, By Deployment Type Opportunity
5.7 India Omni-Channel Management Solutions Market, By Vertical Opportunity
5.8 India Warehouse Management Solutions Market, By Vertical Opportunity
6 Competitive Landscape
6.1 Growth Strategy in Omni-Channel and Warehouse Management Market
7 Company Profile for India Omni-Channel Management Market
7.1 SAP Hybris
7.2 IBM
7.3 JDA Software
7.4 Shopify
7.5 ETP International
7.6 Infor
8 Company Profile for Warehouse Management Solutions Market
8.1 SAP
8.2 JDA Software
8.3 Infor
8.4 Technoforte
For more information about this report visit https://www.researchandmarkets.com/r/xc7gnm
