TMCnet News

Logistics Software Market – Global Industry Analysis, Size, Share, Trends and Forecast 2021 – 2027
[April 21, 2022]

Logistics Software Market – Global Industry Analysis, Size, Share, Trends and Forecast 2021 – 2027

Logistics Software Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of logistics software market by by deployment (on-premise, cloud), application (transportation, warehouse management, asset & fleet management, data management), end user (healthcare, oil & gas, automotive, telecommunication, IT, government & defense) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the logistics software market it includes the five years Industry analysis and the 6 years annual forecast from 2020 to 2026.

Some of the prominent participants in the global logistics software market are Advantech Corporation, SAP AG, Tech Mahindra, Digilogistics, Samsung Electronics Co, IBM Corporation, UTI Worldwide Inc., Oracle, Hexaware Technologies, and JDA Software. The global logistics software market is projected to grow at a CAGR of 9.56% over the forecast period of 2021-2027.

"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2021-2027." The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report: Logistics Software Market: Drivers, Restrain and Opportunities The demand for logistics software is increasing as it allows the integration of transportation, material handling, packaging, inventory, and security associated with the supply chain process. The software also helps to manage and schedule the mailing, shipping, and tracking of packages, equipment, and letters. It enables logistics and supply chain companies to leverage innovative technologies for superior real-time fleet management, efficient communication, and better customer service. The software is capable of integration with most existing business applications as well as it helps to simplify the production cycles and make them more accessible. It is ideal for any organization wanting to optimize its operations and focus on Digital transformation and thriving digitally. However, security and safety concern about logistics software hampers the market growth.

Moreover, the emergence of digital technology in developing regions is providing growth opportunities to the market players. The effects of COVID-19 have been quick and substantial on the global logistics software. The pandemic is shifting the global dynamics and resulted in being a major disrupter. The application industries are majorly affected by the coronavirus. Manufacturing companies across the world are now focusing on developing plans to decrease the aftershocks of this pandemic. The lockdown and restrictions by governments have led to significant distress to supply bases, assembly plant closures, as well as further downshift to the declining consumer demand.

Enquire Here Get Customization & Check Discount for Report @ North America Dominated the Global Logistics Software Market Geographically, North America dominated the global logistics software market in 2020 and is projected to remain dominant during the forecast period owing to the rise in spending on transportation & logistics. Asia-Pacific is expected to grow at the fastest rate in the global logistics software market over the forecasted period. Asia-Pacific region is the largest manufacturer of electronics worldwide as the countries such as Thailand, South Korea, Taiwan, China, and others have advanced electronic manufacturing facilities. China is known as the factory of the world and the country holds the largest market share in the Asia-Pacific logistics software market. Thus logistics and transportation play a huge role in this region. This is expected to result in huge demand for logistics automation.

Logistics Software Market: Segmentation The report on the global logistics software market covers segments such as deployment, application, and end user. On the basis of deployment, the sub-markets include on-premise, and cloud. On the basis of application, the sub-markets include transportation management, warehouse management, asset & fleet management, data management, and others. On the basis of end user, the sub-markets include healthcare, oil & gas, automotive, telecommunication and IT, government & defense, and others.

Browse Complete [email protected] Reasons to Buy this Report: => Comprehensive analysis of global as well as regional markets of the logistics software.

=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2026.

=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments.

[ Back To's Homepage ]