Market Overview:
The global freight forwarding software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for freight forwarding software from various end-user industries, such as third-party logistics (3PL), forwarders, shippers & carriers, and others. The increasing adoption of cloud-based freight forwarding software is also contributing to the growth of the market. However, lack of awareness about freight forwarding software among small and medium enterprises (SMEs) is restraining the growth of this market. Based on type, the global freight forwarding software market can be segmented into rail freight software, road freight software, ocean freightsoftware , and airfreightsoftware . Railfreightsoftware held a major share in 2017 owing to its advantages such as low cost and high speed over other modes of transportation. Roadfreightsoftware is expectedto grow at a higher CAGR duringthe forecast period due its growing popularity among shippers for short-haul transportation needs.
Product Definition:
Freight forwarding software is a type of computer software that helps companies manage their freight forwarding operations. This type of software can automate various tasks related to freight forwarding, such as tracking shipments, creating invoices, and managing inventory. Freight forwarding software can also help businesses connect with carriers and other service providers in the freight industry.
Rail Freight Software:
Rail freight software is a computer program that helps in the management of transportation and logistics. It controls, monitors, and optimizes the entire rail freight system for customer requirements. The primary function of such software is to control the movement of goods from one place to another with maximum efficiency and minimum cost.
Road Freight Software:
Road freight software is a type of transportation management software that helps in tracking the movement of goods from origin to destination. It also provides information about the consignments including details such as carrier name, address, contact number and time of delivery. The road freight software is used along with other transportation management solutions such as rail freight and airway billings to provide complete end-to-end logistics solutions for customers.
Application Insights:
The others application segment includes personal and business computing, home office, telecommunication and travel. The use of freight forwarding software by the home office is expected to witness a CAGR of XX% from 2018 to 2030. The growing trend of working remotely or from anywhere in the world has led to an increased number of end-users accessing their data remotely using various mobile applications for iOS and Android devices. This remote access has further propelled the need for efficient data management solutions that can be used effectively even when operating on a limited IT budget.
Regional Analysis:
The Asia Pacific region dominated the global freight forwarding software market in 2017. The growth can be attributed to the increasing trade activities across emerging economies such as China, India, and Japan. The growing e-commerce industry has also contributed significantly to regional growth. Moreover, rising investments in infrastructure development are expected to drive demand for third-party logistics services over the forecast period.
The European region accounted for a significant share of revenue in 2017 owing to high maritime traffic across major ports including Rotterdam and Antwerp along with roadways being an integral part of Europe’s economy since ages ago.
Growth Factors:
- Increasing demand for freight forwarding services owing to the growth of global trade
- Rising adoption of technology-enabled freight forwarding solutions
- Proliferation of e-commerce and the consequent increase in demand for last mile delivery services
- Growing number of small and medium enterprises (SMEs) that are outsourcing their logistics needs to third-party service providers
- Emergence of new business models such as collaborative freight forwarding that facilitate better coordination among shippers, carriers, and other service providers
Scope Of The Report
Report Attributes
Report Details
Report Title
Freight Forwarding Software Market Research Report
By Type
Rail Freight Software, Road Freight Software, Ocean Freight Software, Air Freight Software
By Application
Third-Party Logistics, Forwarders, Shippers &Carriers, Others
By Companies
WiseTech, Descartes, Oracle, Werner Enterprises, Mercurygate, SAP, Accenture, Jda Software, Db Schenker, C.H. Robinson (TMC), Retrans, Blujay Solutions, Mcleod Software, Freightview, Linbis, Logitude, AIRates
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Freight Forwarding Software Market Report Segments:
The global Freight Forwarding Software market is segmented on the basis of:
Types
Rail Freight Software, Road Freight Software, Ocean Freight Software, Air Freight Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Third-Party Logistics, Forwarders, Shippers &Carriers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- WiseTech
- Descartes
- Oracle
- Werner Enterprises
- Mercurygate
- SAP
- Accenture
- Jda Software
- Db Schenker
- C.H. Robinson (TMC)
- Retrans
- Blujay Solutions
- Mcleod Software
- Freightview
- Linbis
- Logitude
- AIRates
Highlights of The Freight Forwarding Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rail Freight Software
- Road Freight Software
- Ocean Freight Software
- Air Freight Software
- By Application:
- Third-Party Logistics
- Forwarders
- Shippers &Carriers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Freight Forwarding Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Freight forwarding software is a computer program that helps businesses move freight. It can be used to manage shipments, track packages, and generate reports.
Some of the key players operating in the freight forwarding software market are WiseTech, Descartes, Oracle, Werner Enterprises, Mercurygate, SAP, Accenture, Jda Software, Db Schenker, C.H. Robinson (TMC), Retrans, Blujay Solutions, Mcleod Software, Freightview, Linbis, Logitude, AIRates.
The freight forwarding software market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Freight Forwarding Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Freight Forwarding Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Freight Forwarding Software Market - Supply Chain
4.5. Global Freight Forwarding Software Market Forecast
4.5.1. Freight Forwarding Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Freight Forwarding Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Freight Forwarding Software Market Absolute $ Opportunity
5. Global Freight Forwarding Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Freight Forwarding Software Market Size and Volume Forecast by Type
5.3.1. Rail Freight Software
5.3.2. Road Freight Software
5.3.3. Ocean Freight Software
5.3.4. Air Freight Software
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Freight Forwarding Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Freight Forwarding Software Market Size and Volume Forecast by Application
6.3.1. Third-Party Logistics
6.3.2. Forwarders
6.3.3. Shippers &Carriers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Freight Forwarding Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Freight Forwarding Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Freight Forwarding Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Freight Forwarding Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Freight Forwarding Software Demand Share Forecast, 2019-2026
9. North America Freight Forwarding Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Freight Forwarding Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Freight Forwarding Software Market Size and Volume Forecast by Application
9.4.1. Third-Party Logistics
9.4.2. Forwarders
9.4.3. Shippers &Carriers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Freight Forwarding Software Market Size and Volume Forecast by Type
9.7.1. Rail Freight Software
9.7.2. Road Freight Software
9.7.3. Ocean Freight Software
9.7.4. Air Freight Software
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Freight Forwarding Software Demand Share Forecast, 2019-2026
10. Latin America Freight Forwarding Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Freight Forwarding Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Freight Forwarding Software Market Size and Volume Forecast by Application
10.4.1. Third-Party Logistics
10.4.2. Forwarders
10.4.3. Shippers &Carriers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Freight Forwarding Software Market Size and Volume Forecast by Type
10.7.1. Rail Freight Software
10.7.2. Road Freight Software
10.7.3. Ocean Freight Software
10.7.4. Air Freight Software
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Freight Forwarding Software Demand Share Forecast, 2019-2026
11. Europe Freight Forwarding Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Freight Forwarding Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Freight Forwarding Software Market Size and Volume Forecast by Application
11.4.1. Third-Party Logistics
11.4.2. Forwarders
11.4.3. Shippers &Carriers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Freight Forwarding Software Market Size and Volume Forecast by Type
11.7.1. Rail Freight Software
11.7.2. Road Freight Software
11.7.3. Ocean Freight Software
11.7.4. Air Freight Software
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Freight Forwarding Software Demand Share, 2019-2026
12. Asia Pacific Freight Forwarding Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Freight Forwarding Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Freight Forwarding Software Market Size and Volume Forecast by Application
12.4.1. Third-Party Logistics
12.4.2. Forwarders
12.4.3. Shippers &Carriers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Freight Forwarding Software Market Size and Volume Forecast by Type
12.7.1. Rail Freight Software
12.7.2. Road Freight Software
12.7.3. Ocean Freight Software
12.7.4. Air Freight Software
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Freight Forwarding Software Demand Share, 2019-2026
13. Middle East & Africa Freight Forwarding Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Freight Forwarding Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Freight Forwarding Software Market Size and Volume Forecast by Application
13.4.1. Third-Party Logistics
13.4.2. Forwarders
13.4.3. Shippers &Carriers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Freight Forwarding Software Market Size and Volume Forecast by Type
13.7.1. Rail Freight Software
13.7.2. Road Freight Software
13.7.3. Ocean Freight Software
13.7.4. Air Freight Software
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Freight Forwarding Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Freight Forwarding Software Market: Market Share Analysis
14.2. Freight Forwarding Software Distributors and Customers
14.3. Freight Forwarding Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. WiseTech
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Descartes
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Oracle
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Werner Enterprises
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mercurygate
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SAP
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Accenture
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jda Software
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Db Schenker
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. C.H. Robinson (TMC)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Retrans
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Blujay Solutions
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mcleod Software
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Freightview
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Linbis
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Logitude
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. AIRates
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
