Freight Transport Management Market Opportunities 2031
MARKET OVERVIEW
Freight transport management includes a logistics platform which utilizes technology to support businesses plans, execute the physical movement of goods and commodities, and ensure the compliance of the shipment with required documentation. This freight transport management system is able to manage transport via road, rail, air and water to various parts of the world. Considering rapid growth in various developing countries, the freight transport management market is predicted to rise notably during the forecast period.
MARKET SCOPE
The "Global Freight Transport Management Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the freight transport management market with detailed market segmentation by solution, deployment, type, end user, and geography. The report provides key statistics on the market status of the leading freight transport management market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on solution, the global freight transport management market is segmented into freight mobility solution, freight transportation cost management, freight security and monitoring system, freight 3PL solutions and others.
- On the basis of deployment, the market is segmented into cloud and on-premise.
- Based on type, the market is bifurcated into road transport, rail freight, waterborne freight and air freight
- On the basis of end user, the market is segmented into automotive, aerospace and defense, oil and gas, consumer and retail, energy and power and others.
MARKET DYNAMICS
Drivers:
- Increasing trade activities between various countries in the world.
- Rising urbanization and increasing per capita disposable income to boost market growth of freight transportation management.
- Reduced delivery times due to various technological advancements.
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 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The freight transport management 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 freight transport management market in these regions.
IMPACT OF COVID-19 ON FREIGHT TRANSPORT MANAGEMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. This pandemic hampered many trade and transportation activities all over the world. Also, purchasing power of the consumer reduced considerably due to job loss and salary cuts. Also, delivery of non-essentials was not allowed in some regions of the world. These all had a negative impact on the growth of the freight transport management market.
Freight Transport Management Market Report Analysis
CAGR (2023 - 2031)
US$ XX Million
US$ XX Million
Report Coverage
Key Players
Regional Overview
Market Segmentation
By Solution
By Deployment
By Type
By End User
The report covers key developments in the freight transport management market as 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 freight transport management market are anticipated to lucrative growth opportunities in the future with the rising demand for freight transport management in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the freight transport management 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.
- Accenture plc
- CEVA Logistics AG
- CTSI-Global
- Descartes Systems Group Inc
- DSV A/S
- GEODIS
- HighJump Software Inc.
- Blue Yonder Group, Inc.
- Manhattan Associates, Inc.
- DB Schenker
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Freight Transport Management Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Solution
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1. Accenture plc
2. CEVA Logistics AG
3. CTSI-Global
4. Descartes Systems Group Inc
5. DSV A/S
6. GEODIS
7. HighJump Software Inc.
8. Blue Yonder Group, Inc.
9. Manhattan Associates, Inc.
10. DB Schenker
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