Air Freight Software Market Analysis, Growth, Trend, Size, Share, At A CAGR 8.2%% -2025
Market Forecast
Global Air Freight
Software Market is projected to
register a CAGR of 8.2% from 2019 to 2025. Factors
such as rapidly growing global trade and the increasing need for supply chain
visibility are driving the growth of the market. Furthermore, advancements in
communication technologies are aiding market growth.
Airfreight
transportation is a fast and effective shipping method, especially for
businesses with international customers. However, the primary drawback of air
shipping is the high cost, which significantly exceeds ocean freight
forwarding. However, an increase in global shipping is expected to result in
reduced costs, driving the growth of the air freight software market during the
forecast period.
Market USP
Airfreight software
offers increased supply chain efficiency and visibility
Growth Opportunities
in the Market
- Cloud-based
     segment accounted for the larger market share in 2018: The cloud-based segment is also expected to register
     the higher CAGR during the forecast period of 2019 to 2025. Low
     utilization costs of cloud computing and the enhanced flexibility offered
     by cloud-based air freight software is expected to drive the growth of the
     segment.
- Forwarders
     segment to register the highest growth rate: The forwarders segment is expected to be the
     fastest-growing during the review period. The increasing use of freight
     management software by freight forwarders to track deliveries in
     real-time, improve warehouse efficiency and productivity, and increase
     supply chain efficiency is driving the growth of the segment.
Key Players
- Freightdata
     2000 (UK)
- Freightos
     (Hong Kong)
- FreightPOP
     (US)
- Freightview
     (US)
- Hard
     Core Technology Corp. (US)
- Infor
     (India)
- Magaya
     (US)
- Riege
     Software International GmbH (Germany)
- Shiprocket
     (India)
- The
     Descartes Systems Group Inc. (US)
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/air-freight-software-market-8601
Comments
Post a Comment