The Shipping Software Market is being driven by Rising globalization and trade activities
The Shipping Software Market is expected to grow at a CAGR of 8.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 561.6 million. The global shipping software market is experiencing noteworthy progressions, fueled by continuous product innovations designed to boost operational efficiency and customer satisfaction. One prominent trend in this sector is the incorporation of sophisticated machine learning and artificial intelligence technologies into shipping software solutions. This technological integration is revolutionizing the way businesses manage and optimize their shipping processes. A prime illustration of such innovation is the fusion of shipping software with major e-commerce platforms. In September 2024, a prominent shipping software provider, ShipStation, unveiled a new feature that seamlessly integrates with Google Merchant Center via the Content API for Shopping. This integration empowers users to deliver precise, location-specific delivery predictions directly on Google, granting shoppers essential information at the crux of their purchasing decisions.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
213 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.4% |
Market growth 2025-2029 |
USD 561.6 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
7.0 |
Key countries |
US, China, Germany, Canada, UK, India, France, Brazil, Japan, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Shipping Software market caters to the needs of e-commerce businesses, logistics companies, and supply chain managers by providing digital tools for efficient tracking, documentation, and delivery solutions. Real-time integration with carriers, inventory systems, and customer relationship management systems enables seamless cross-border e-commerce and shipment monitoring. Transport management platforms offer logistics management, inventory control, order management software, and multi-channel integration for pre-delivery software, order processing, label printing, and delivery management. Logistics providers benefit from real-time tracking, asset monitoring, and transport route optimization using generative AI.
The global application software market encompasses businesses specializing in the development and production of software solutions for enterprise and consumer applications. This sector includes suppliers of enterprise and technical software, as well as cloud-based applications. Technavio's market analysis covers revenue generated by companies providing various types of IT software, including shipping solutions for e-commerce, logistics, and supply chain management. Digital tools, such as real-time integration, documentation, tracking, and delivery solutions, are integral components of these shipping software offerings. By integrating with carriers, these platforms ensure seamless and efficient transportation of goods.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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