The software performs logistics function by integrating all the information related to the inventory, warehousing, packaging and transportation. Vendors such as UPS and FedEx offer shipping software that automates shipping and tracking processing. The software that is used in the supply chain process is used to assist companies to find the best suitable way to collect raw components for the manufacturing of products and services. Logistic tracking & management software facilitates its users to manage transportation operations regarding airlines, trains, buses, shippers, and transportation rental agencies.
MARKET SCOPE
The "Global Logistics Tracking and Management Software market Analysis to 2028" is a specialized and in-depth study of the Logistics Tracking and Management Software market with a special focus on the global market trend analysis. The report aims to provide an overview of the Logistics Tracking and Management Software market with detailed market segmentation by deployment, enterprise size, subscription type, and end-user, and geography. The global Logistics Tracking and Management Software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Logistics Tracking and Management Software market players and offers key trends and opportunities in the Logistics Tracking and Management Software market.
MARKET SEGMENTATION
- The global Logistics Tracking and Management Software market is segmented on the basis of deployment, enterprise size, subscription type, and end-user.
- On the basis of deployment, the market is segmented as cloud-based, on-premise.
- On the basis of enterprise size, the market is segmented as SMEs, and large enterprise.
- On the basis of subscription type the market is segmented as annually, and monthly.
- On the basis of end-users, the market is segmented as government and public utilities, healthcare, industrial, manufacturing, retail and consumer goods, aerospace and defense, and others.
MARKET DYNAMICS
Drivers:
- The increase in global trade, advancement in logistic visibility solutions and technologies, effective need to control time-in-transit is the major factor to drive the global logistic tracking & management market.
Restraints:
- Fluctuating crude oil prices due to geopolitical factors.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Logistics Tracking and Management Software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Logistics Tracking and Management Software market in these regions.
IMPACT OF COVID-19 ON Logistics Tracking and Management Software MARKET
The rapid spread of the Covid-19 pandemic has triggered a massive financial crisis and created a health crisis across the globe. The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the Logistics Tracking and Management Software market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.
MARKET PLAYERS
The report covers key developments in the Logistics Tracking and Management Software market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Logistics Tracking and Management Softwaremarket are anticipated to lucrative growth opportunities in the future with the rising demand for the Logistics Tracking and Management Software market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Logistics Tracking and Management Software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cario
- Shipmate Systems
- Freightistics
- ADOC
- Nology Solutions?Systems
- CourierMate
- Xapp Digital Solutions
- CoDriver
- Cordic
- TekCore