Freight Management System Market Overview:
Maximize Market Research is a firm that has published a detailed analysis of the “Freight Management System Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The base year for the Freight Management System market is 2023 and the forecast period is from 2024 to 2030.
Freight Management System Market Scope and Methodology:
The research emphasizes a comprehensive review of the Freight Management System market. The report includes a thorough analysis of the trends, dynamics, and market highlights, assisting clients in exploring opportunities and developing market strategies. The data sources including primary and secondary are used to gather the data with analysis of qualitative and quantitative. A primary interview with industry experts is conducted to understand key findings. Secondary sources include press releases, white papers, and financial and annual reports. The report provides information about the drivers, challenges, major restraints to the market, and opportunities persuading for the Freight Management System market.
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Freight Management System Market Regional Insights:
The Freight Management System market is segmented into different regions such as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report includes a detailed analysis of all the factors such as market size, growth rate, and import and export in regions. The Regional Analysis provides the Freight Management System market status of various countries included in the report.
Freight Management System Market Segmentation:
by Component
Solutions
Services
According to Component, the market category for freight execution and operation solutions is anticipated to have the most market share because of the growing demand for freight visibility, quick payments, freight audits, and the ability to manage the transportation of products using the appropriate software. Throughout the projection period, the market for freight execution and operation will be driven by the benefits of these solutions, including information sharing and the tracking process that occurs between the buyer and seller.
by End-User
Third-Party Logistics (3PLs)Forwarders
Brokers
Shippers
Carriers
The third-party logistics market segment is anticipated to expand rapidly over the course of the projection period based on end users. The adoption of free trade policies by numerous nations worldwide is the cause of the greater growth rate. In addition, a growing need for warehouse efficiency and timely delivery of goods and raw materials are driving the market for goods management systems in the third-party logistics sector.
by Transportation Mode
Rail Freight
Road Freight
Ocean Freight
Air Freight
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Freight Management System Market Key Players:
1. Descartes
2. Oracle
3. Werner Enterprises
4. MercuryGate
5. SAP
6. Accenture
7. JDA Software
8. Ceva Logistics
9. UPS
10. DB Schenker
11. C.H. Robinson TMC
12. Riege Software
13. Retrans
14. BluJay Solutions
15. McLeod Software
16. FreightView
17. Freight Management.
18. The Descartes Systems group
19. HighJump
20. Manhattan Associates
21. CTSI Global
22. DVS
23. United Parcel Services
24. Riege Software International
25. MCLEOD Softwar
Key questions answered in the Freight Management System Market are:
- What is Freight Management System?
- What was the Freight Management System market size in 2023?
- What is the growth rate of the Freight Management System Market?
- Which are the factors expected to drive the Freight Management System market growth?
- What are the different segments of the Freight Management System Market?
- What growth strategies are the players considering to increase their presence in Freight Management System?
- What are the upcoming industry applications and trends for the Freight Management System Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Freight Management System Market?
- Who are the leading companies and what are their portfolios in Freight Management System Market?
- What segments are covered in the Freight Management System Market?
- Who are the key players in the Freight Management System market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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In-depth study on Freight Management System Market by MarketsandMarkets™ provides broad analysis on the basis of Types, Applications and key players which is useful for better decision making.According to a new market research report "Freight Management System Market by Solution (Freight Tracking & Monitoring, Cargo Routing & Scheduling, Security, EDI, TMS, Order Management), End-user (3PLs, Forwarders, Brokers, Shippers), Transportation Mode, and Region - Global Forecast to 2023" published by MarketsandMarkets™, the Freight Management System Market expected to grow from USD 10.76 Billion in 2018 to USD 17.45 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period.Some of the factors that are expected to drive the growth of the Freight Management System Market include the need to reduce the transit time, desire for supply chain visibility, higher customer satisfaction, and the low cost of logistics, coupled with the advancements in freight security, safety, and transportation solutions; and rapid growth in communication technologies and IoT.
However, congested trade routes and cross-border trade risks and environment concerns related to transportation and logistics may restrain the market growth.Browse in-depth TOC on "Freight Management System Market” 97- Tables 42- Figures 182- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=214631371Under the solutions segment, the execution and operations solution segment is expected to hold the largest market share during the forecast periodThe execution and operations solutions include information interchange, visibility, audit and payments, and transportation management.
Most solutions are existing in the market for many years and are evolving with advanced technologies, hence the execution and operations solution segment holds the largest market share in the market.Among transportation modes, the road freight transportation mode is expected to hold the largest market share during the forecast periodThe road freight transportation mode is estimated to hold the larger market share in 2018, owing to the higher adoption of freight management solutions in domestic freight transportation.
In fact, US is expected to have a major dominance in the Freight Management System Market, due to its sustainable and well-established economy which empower it to make huge investments in R activities, thereby contributing to the development of new technologies and use cases.The major vendors covered in the Freight Management System Market include Descartes (Canada), Oracle (US), Werner Enterprises (US), MercuryGate (US), SAP (Germany), Accenture (Republic of Ireland), JDA Software (US), Ceva Logistics (Spain), UPS (US), DB Schenker (Germany), C.H.
Robinson TMC (US), Riege Software (Germany), Retrans (US), BluJay Solutions (UK), McLeod Software (US), FreightView (US), Freight Management (US), Linbis (US), Logisuite (US), DreamOrbit (India), Manhattan Associates (US), Magaya Corporation (US), Kuebix (US), ImageSoft (Australia), and 3GTMS (US).About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
The Global Freight Management System Market is expected to reach USD 18.63 Billion by 2025, registering a CAGR of 9.4% during the forecast period, 2019–2025.
In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.
The software is needed to manage their day to day operations and business deals effectively.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8715 Competitive Outlook: The Key Players of the Global Freight Management System Market are MercuryGate (US), SAP (Germany), Accenture (Ireland), JDA Software (US), Ceva Logistics (Spain), UPS (US), Freight Management (US), Linbis (US), Logisuite (US), Dreamorbit (India), Descartes (Canada), Oracle Corporation (US), Werner Enterprises (US), Mcleod Software (US), and Freightview (US).
Solutions accounted for the largest share in the overall market in 2018.
The services segment has been categorized as consulting, system integration and deployment, support and maintenance.
