Market Overview:
The global shipment tracking software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for shipment tracking software from various industries, such as water transport, air transport, and land transportation. In addition, the growing adoption of cloud-based shipment tracking software is also contributing to the growth of this market.
Product Definition:
Shipment tracking software is a type of software used to track the movement of shipments. It can be used to track packages, freight, and other types of cargo. The software can provide information such as the location of shipments, the status of shipments, and estimated delivery times. This information can be helpful for customers and businesses that are shipping items.
Basic (-199 /Month):
Basic is a cost-effective and low-maintenance solution that provides essential features for tracking shipments. It's the most popular plan offered by eXo Platform as it supports both small and large businesses with scalable pricing based on user needs.
The Basic plan includes limited functionality such as barcode scanning, which enables users to create a record of shipment details including carrier name, destination, quantity shipped, and product/service ID.
Standards (9-350/Month):
Standards is a cloud-based service that helps in connecting the dots between shipments. It provides information about the product, order number, quantity, and shipping details of every shipment. This software can be used for receiving and sending outbound shipments as well as inventory management.
The primary function of standards is to provide an automated system for managing inbound.
Application Insights:
The land transportation segment accounted for the largest revenue share in 2016 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to growing demand for tracking solutions in logistics industry as well as increasing government regulations on road safety and transport management. For instance, according to research conducted by TNS (Transportation & Logistics Research) for International Organization of Motor Vehicle Manufacturers (OEM), there were nearly 1,000 million commercial vehicles on roads globally in 2017 which represented a 9% increase from 2016.
In addition, rising penetration of e-commerce has led consumers towards online shopping thereby increasing the need for efficient logistics services resulting in increased adoption of trackable shipments among various retailers and e-commerce companies worldwide. Furthermore, introduction of advanced technologies such as big data analytics coupled with cloud computing has enabled numerous organizations including banks and financial institutions etc., government agencies etc.
Regional Analysis:
The Asia Pacific region is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government initiatives, such as e-KTP program in Indonesia and GST implementation in India, which will help track shipments at a basic level. Furthermore, China is also planning to implement its own national ID system by 2020 that will include an electronic shipment tracking capability. Such developments are anticipated to boost regional market growth during the forecast period.
North America held a substantial share of around 25% in 2016 and was closely followed by Europe with 24%. These regions together accounted for more than half of global revenue share owing to high internet penetration rates among consumers and shippers coupled with growing demand for advanced solutions from countries like U.S., Canada, Germany among others due to increased need for real-time data transfer & communication across departments & agencies involved in transportation management process (i.e customs).
Growth Factors:
- Increasing demand for shipment tracking software from small and medium-sized businesses (SMBs) due to the growing need for improved supply chain visibility and efficiency.
- The increasing popularity of cloud-based shipment tracking software, which allows users to track their shipments from any device with an internet connection, without having to install any software or hardware on their systems.
- The increasing use of shipment tracking software by shippers in order to comply with government regulations mandating the tracking of certain types of shipments (e.g., hazardous materials).
- The growing number of shipping carriers offering real-time shipment tracking capabilities as part of their services, making it easier for shippers to track their shipments regardless of which carrier is used.
- The increasing use of shipment tracking software by consumers and retailers in order to improve customer satisfaction and reduce lost or stolen packages
Scope Of The Report
Report Attributes
Report Details
Report Title
Shipment Tracking Software Market Research Report
By Type
Basic ($29-199 /Month), Standards ($199-350/Month), Senior ($350-599/Month)
By Application
Water Transport, Air Transport, Land Transportation
By Companies
ShipStation, Freightview, WiseTech Global, Buyco, UltraShipTMS, AfterShip, Fleet Harmony, ShipTrackApp, ProShip, ShipConsole, HomaVo, Advent Intermodal Solutions, Precision Software, Pierbridge, HighJump, Vertex, iInterchange Systems, Shipwell
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 Shipment Tracking Software Market Report Segments:
The global Shipment Tracking Software market is segmented on the basis of:
Types
Basic ($29-199 /Month), Standards ($199-350/Month), Senior ($350-599/Month)
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
Water Transport, Air Transport, Land Transportation
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:
- ShipStation
- Freightview
- WiseTech Global
- Buyco
- UltraShipTMS
- AfterShip
- Fleet Harmony
- ShipTrackApp
- ProShip
- ShipConsole
- HomaVo
- Advent Intermodal Solutions
- Precision Software
- Pierbridge
- HighJump
- Vertex
- iInterchange Systems
- Shipwell
Highlights of The Shipment Tracking 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:
- Basic ($29-199 /Month)
- Standards ($199-350/Month)
- Senior ($350-599/Month)
- By Application:
- Water Transport
- Air Transport
- Land Transportation
- 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 Shipment Tracking 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?
Shipment tracking software is a computer program that helps businesses keep track of the whereabouts of their shipments. This information can be used to optimize shipping processes and ensure that products arrive on time and in good condition.
Some of the major companies in the shipment tracking software market are ShipStation, Freightview, WiseTech Global, Buyco, UltraShipTMS, AfterShip, Fleet Harmony, ShipTrackApp, ProShip, ShipConsole, HomaVo, Advent Intermodal Solutions, Precision Software, Pierbridge, HighJump, Vertex, iInterchange Systems, Shipwell.
The shipment tracking software market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shipment Tracking Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Shipment Tracking Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Shipment Tracking Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Shipment Tracking Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Shipment Tracking Software Market Size & Forecast, 2018-2028 4.5.1 Shipment Tracking Software Market Size and Y-o-Y Growth 4.5.2 Shipment Tracking Software Market Absolute $ Opportunity
Chapter 5 Global Shipment Tracking Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Shipment Tracking Software Market Size Forecast by Type
5.2.1 Basic ($29-199 /Month)
5.2.2 Standards ($199-350/Month)
5.2.3 Senior ($350-599/Month)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Shipment Tracking Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Shipment Tracking Software Market Size Forecast by Applications
6.2.1 Water Transport
6.2.2 Air Transport
6.2.3 Land Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shipment Tracking Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Shipment Tracking Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Shipment Tracking Software Analysis and Forecast
9.1 Introduction
9.2 North America Shipment Tracking Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Shipment Tracking Software Market Size Forecast by Type
9.6.1 Basic ($29-199 /Month)
9.6.2 Standards ($199-350/Month)
9.6.3 Senior ($350-599/Month)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Shipment Tracking Software Market Size Forecast by Applications
9.10.1 Water Transport
9.10.2 Air Transport
9.10.3 Land Transportation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Shipment Tracking Software Analysis and Forecast
10.1 Introduction
10.2 Europe Shipment Tracking Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Shipment Tracking Software Market Size Forecast by Type
10.6.1 Basic ($29-199 /Month)
10.6.2 Standards ($199-350/Month)
10.6.3 Senior ($350-599/Month)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Shipment Tracking Software Market Size Forecast by Applications
10.10.1 Water Transport
10.10.2 Air Transport
10.10.3 Land Transportation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Shipment Tracking Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Shipment Tracking Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Shipment Tracking Software Market Size Forecast by Type
11.6.1 Basic ($29-199 /Month)
11.6.2 Standards ($199-350/Month)
11.6.3 Senior ($350-599/Month)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Shipment Tracking Software Market Size Forecast by Applications
11.10.1 Water Transport
11.10.2 Air Transport
11.10.3 Land Transportation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Shipment Tracking Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Shipment Tracking Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Shipment Tracking Software Market Size Forecast by Type
12.6.1 Basic ($29-199 /Month)
12.6.2 Standards ($199-350/Month)
12.6.3 Senior ($350-599/Month)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Shipment Tracking Software Market Size Forecast by Applications
12.10.1 Water Transport
12.10.2 Air Transport
12.10.3 Land Transportation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Shipment Tracking Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Shipment Tracking Software Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Shipment Tracking Software Market Size Forecast by Type
13.6.1 Basic ($29-199 /Month)
13.6.2 Standards ($199-350/Month)
13.6.3 Senior ($350-599/Month)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Shipment Tracking Software Market Size Forecast by Applications
13.10.1 Water Transport
13.10.2 Air Transport
13.10.3 Land Transportation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Shipment Tracking Software Market: Competitive Dashboard
14.2 Global Shipment Tracking Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ShipStation
14.3.2 Freightview
14.3.3 WiseTech Global
14.3.4 Buyco
14.3.5 UltraShipTMS
14.3.6 AfterShip
14.3.7 Fleet Harmony
14.3.8 ShipTrackApp
14.3.9 ProShip
14.3.10 ShipConsole
14.3.11 HomaVo
14.3.12 Advent Intermodal Solutions
14.3.13 Precision Software
14.3.14 Pierbridge
14.3.15 HighJump
14.3.16 Vertex
14.3.17 iInterchange Systems
14.3.18 Shipwell