Latest News- Shipping Software Market: Cloud-based is expected to lead the Deployment segment during 2025-2029

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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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Deployment
  • Cloud-based
  • On-premises
  • Hybrid
• End-user
  • E-commerce and retail
  • Logistics and transportation
  • Manufacturing
  • Healthcare and pharmaceuticals
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • Middle East and Africa
  • South America
    • Brazil

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising globalization and trade activities
• Increasing e-commerce growth
• Investments in shipping software technologies

However, the market also witnesses some limitations, which are as follows:

• Threat of cyber attacks
• Inconsistency in integration of shipping software
• Lack of tracking metrics

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Market Scope in Shipping Software Market Research Report

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Research Analysis Overview

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.

Market Research Overview

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
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/