MultiCarrier Shipping Software Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Multi-carrier shipping software is also denoted as Transportation Management Software (TMS). Multi-carrier shipping software is a platform that mechanizes and streamlines the spot carriage process. The software delivers the ability to manage and track all types of freight such as trucking, air, ocean, parcel, etc. The multi-carrier shipping software is used in the context of e-commerce enterprises who ship directly to consumers and generally refers to all-freight automation platforms such as Cargobase or related systems.

MARKET SCOPE

The "Global Multi carrier shipping software Market Analysis to 2031" is a specialized and in-depth study of the Multi carrier shipping software market with a special focus on the global market trend analysis. The report aims to provide an overview of Multi carrier shipping software market with detailed market segmentation by deployment, component, organization size, and geography. The global Multi carrier shipping software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Multi carrier shipping software market players and offers key trends and opportunities in the Multi carrier shipping software market.

MARKET SEGMENTATION

•  The global Multi carrier shipping software market is segmented on the basis of deployment, component, and organization size.
  
•  On the basis of deployment, the market is segmented as cloud, and on-premise.
  
•  On the basis component, the market is segmented as software and services.
  
•  On the basis component, the market is segmented as SMEs, and large enterprise.
  

MARKET DYNAMICS

Drivers:

•  Continuously Increasing Global Trade and the Need to Control the Time-In-Transit and Increased Transportation Information and Supply Chain Visibility.
  
•  The Growth in Deployment of Internet of Things (IoT) and Big Data Technology to Get Real-Time Information of Logistics
  

Restraints:

•  Insufficient IT Investment for Transportation Infrastructure in Developing Economies
  
•  High Data Security Concerns
  

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 Multi carrier shipping 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 marketduring 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 Multi carrier shipping software market in these regions.

IMPACT OF COVID-19 ON MULTI CARRIER SHIPPING SOFTWARE MARKET

The outbreak of COVID-19 virus in December 2019 affected majority of the countries around the globe with the World Health Organization declaring it a public health emergency. The pandemic is expected to have negative impact on the global artificial intelligence powered video analytics market in 2021. With rise of the global health crisis, various enterprises are facing several challenges in operating business functions like production, sales, and after sales services, thus resulting in shutdown of business functions. However, video analysis and surveillance technology were able to make a significant growth in the market with the help of government initiatives, such as surveillance on public places for lockdown and social distancing measures, which played significant role in limiting the spread of disease.

MARKET PLAYERS

The report covers key developments in the Multi carrier shipping 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from IOT in warehousemarket market are anticipated to lucrative growth opportunities in the future with the rising demand for Multi carrier shipping 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 Multi carrier shipping 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.

•  Shippo
  
•  XPS Ship
  
•  ProShip
  
•  Shiptec
  
•  QAD Precision
  
•  Creative Logistics
  
•  StarShip
  
•  Mecalux
  
•  Shipping Easy
  
•  Cargobase.
  

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.

MultiCarrier Shipping Software Report Scope