Key Highlights

• Shipping management software is a digital solution designed to simplify and optimize all aspects of transportation and logistics. The software has many features such as ordering, inventory management, shipping and information. It allows organizations involved in transportation and freight management to automate and centralize their operations, thereby increasing efficiency and reducing errors. Transportation management typically involves carriers and transportation services, allowing users to compare shipping costs, choose the best route, and track shipments. The software increases visibility and control of the entire transportation lifecycle by providing information on inventory levels, order status, and delivery times. Ultimately, transportation management software plays a key role in improving accuracy, reducing costs, and making things easier and more transparent for businesses dealing with transportation, shipping, and supply chain management.

• The market size of the worldwide Shipping Management Software Industry surpassed USD XX Billion in 2023, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.

• In January 2023, WorkWave announced that it had signed an agreement to acquire TEAM Software, a leading global provider of software solutions for janitorial, sanitation, security and facilities service management. This acquisition is an important step in realizing WorkWave's vision as a provider of cleaning, housekeeping, security and facilities management services. Enter new markets while leveraging a proven track record of helping customers deliver better service and build fast-growing, profitable companies.

• The demand for Shipping Management Software is propelled by the increasing complexity and globalization of supply chains. As businesses expand their operations globally, the need for streamlined and efficient shipping processes becomes paramount. Shipping Management Software addresses this demand by offering comprehensive solutions that automate and optimize various aspects of logistics, from order processing to shipment tracking. The software enhances operational efficiency, reduces errors, and provides real-time visibility into the supply chain. Additionally, the rise of e-commerce and the growing expectations for fast and accurate deliveries have intensified the need for sophisticated shipping solutions. Companies are increasingly aware of the potential cost savings, increased customer satisfaction and competitive advantage that transportation management software offers; making it indispensable for businesses dealing with the complexities of modern, globalized supply chain management.

Scope of the Industry Profile

Key Players

• MercuryGate International (Germany)

• Blue Yonder (US)

• Transplace (US)

• Descartes Systems Group (Canada)

• E2open , LLC (US)

• Alpega Group (Belgium)

• 3Gtms Inc. (US)

• 3T Logistics & Technology Group (UK)

• Globaltranz Enterprises, LLC (US)

• InMotion Global, Inc. (US)

Segmentation

By Deployment

• Cloud Based

• On-Premises

By Service Type 

• 3PL/Contract Logistics

• Courier & Postal Services

• Freight/Cargo Forwarding

• Other Services

By Transport Mode

• Roadways-Based Transportation

• Railways-Based Transportation

• Airways-Based Transportation

• Maritime-Based Transportation

By Software Function

• Planning & Execution Solutions

• Order Management Solutions

• Payment & Claims Solutions

• Reporting & Analytics Solutions

• Routing & Tracking Solutions

By Application

• Manufacturing

• Retail & e-Commerce

• Healthcare & Pharmaceuticals

• Food & Beverages

• Government Institutes

• Construction

• Other Applications

What to Expect from Industry Profile

1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Shipping Management Software market in the world.

2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Shipping Management Software market.

3. Leading company profiles reveal details of key Shipping Management Software market players’ global operations, strategies, financial performance & their recent developments.

4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Shipping Management Software market with forecast for decade by both market share (%) & revenue (USD Million).

Recent Development

• July 2022, LogiNext and Wipro are collaborating to deliver end-to-end software for supply chain management. Optimization Enhancement and instant search included.

Segment Insights

By Deployment

The need for cloud-based transportation management software stems from several factors shaping the modern logistics landscape. First, the scalability and flexibility provided by cloud solutions are based on the dynamic and often unpredictable nature of transportation. Cloud-based software allows companies to scale their transportation management according to changing needs, enabling efficient deployment without the need for large investments in hardware or IT infrastructure. Additionally, the global nature of delivery requires instant collaboration and access from different locations, making the cloud platform ideal for seamless communication and information sharing between stakeholders. The cost-effectiveness of cloud solutions is another factor causing subscription-based models to replace upfront costs. Cloud-based transportation management software provides businesses, especially small and medium-sized businesses, with advanced logistics tools that can be cost-prohibitive on-premises. In addition, the rapid development of technology and the need for constant updates and improvements increases the demand for the cloud, as updates can be easily applied throughout the entire system. Finally, the need for cloud-based cargo management software stems from its ability to provide scalability, accessibility, efficiency and flexibility to the project. The need to change the modern maritime industry.

By Application

The demand for transportation management software in the food and beverage industry is driven by a combination of core products that address specific challenges and business needs. First, food is perishable and time sensitive; There must be clear and good logistics management to ensure delivery time and control the quality of the product. Transportation management software provides instant visibility into the supply chain, allowing companies to track the movement of goods, monitor shipment temperatures, and respond quickly to any changes. Second, compliance management and information is crucial for the food and beverage industry to meet safety and quality control standards. Transportation management software supports data processing, accuracy, and compliance and reduces the risk of compliance issues. Third, as the global food supply system becomes more complex, the need for end-to-end services from agriculture to consumers increases. The software provides transparency, allowing participants to track food deliveries and quickly respond to issues such as returns. Additionally, the growth of direct-to-consumer models and online stores has increased the need for logistics solutions. Ultimately, the food and beverage industry's need for transportation management software stems from its ability to solve specific business problems such as damage, control, and the increasing complexity of the global food supply chain.

Regional Insights

Demand for transportation management software in Asia Pacific is driven mostly by strong growth in e-commerce, expanding markets and the urgent need to improve logistics in one of the world's largest economies. As the middle class continues to grow and businesses are rapidly being defined, e-commerce platforms are also experiencing unprecedented growth, reach and demand for solutions. In this case, transportation management software plays an important role, allowing businesses to meet demand by providing order, stock management and instant tracking tools, and is rapidly growing and exported. In addition, transportation management is important as the region's exports are diverse and complex, including many countries and different modes of transportation. The software provides visibility, transparency and control over the entire transportation process to improve routes and reduce operating costs. Additionally, as governments and businesses in the Asia-Pacific region focus on sustainability and compliance, logistics management is becoming increasingly important to ensure compliance with environmental standards and compliance with regulations. As the region continues to become a major player in the global economy, there is increasing demand for efficient and effective transportation solutions that provide transportation management software based on the importance of uninterrupted operations and responsive products.