Summary
The global Shipping Management Software Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Overview
A shipping management software helps organizations to plan, organize, rate, ship, route, and track shipments to customers. Companies can use a single platform in real-time and manage the complexity of the supply chain efficiently. The global shipping management software market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global shipping management software market is expected to witness significant growth during the forecast period, owing to increasing need to manage the global supply chain efficiently.
Market Drivers
Rapid growth of the e-commerce sector is expected to drive growth in the global shipping management software market during the forecast period. The e-commerce industry has witnessed significant growth in the recent past in both developed and emerging economies. According to the India Brand Equity Foundation (IBEF), the Indian e-commerce sector is expected to reach US$ 99 billion by 2024, increasing from US$ 30 billion in 2017, registering a CAGR of 27%. As a result of rapid growth of the e-commerce sector, the demand for shipping management software has increased significantly. Hence, such factors are expected to drive growth of the global shipping management software market during the forecast period. Furthermore, increasing need to manage the global supply chain effectively is expected to propel the global shipping management software market growth in the near future.
Market Restraint
Slow adoption of shipping management software solutions due to high capital investment is expected to restrain growth of the global shipping management software market during the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global shipping management software market during the forecast period. This is owing to the rapid growth of the manufacturing segment in the region. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to rapid growth of the transportation segment in the region.
Competitive Section
Major companies involved in the global shipping management software market are SAP, UPS Worldship, Transcount, Riege Software, Logisuite, Infinity Software Solutions, DAT Solutions, and Hard Core Technology.
For instance, in October 2020, SAP, a provider of application management software, launched a new SAP Logistics Business Network (LBN).
The Shipping Management Software Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Shipping Management Software Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- A1 Tracker
- Aljex Software
- AscendTMS
- Buyco
- DAT Solutions
- Descartes
- Dreamorbit
- Freight Management (FMI)
- FreightPOP
- Freightview
- Hard Core Technology
- Infinity Software Solutions
- Smart Freight
- Jda Software
- Linbis
- LogistaaS
- Logisuite
- Logitude World
- Mcleod Software
- Mercurygate
- Oracle
- Pacejet Logistics
- Quotiss
- Riege Software
- SAP
- Tailwind Transportation Software
- Teknowlogi
- TMW Systems
- Transcount
- UPS Worldship
By the Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Rail Freight
- Road Freight
- Ocean Freight
- Aviation Freight
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Shipping Management Software Market Report:
- To assess the size of the market by value and volume
- Analyze the Shipping Management Software Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Shipping Management Software Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Shipping Management Software Market
The Shipping Management Software Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Shipping Management Software Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Request Discount 
Inquire Before Buy
