By Solution (Planning (Supplier and Vendor Management, Freight information Management, Inventory Management, Claims Management), Operations and Execution, (Load Optimization, Freig......ht Visibility, Freight Audit & Payment) Others (Transportation Management, etc.)), Control and Supervision (Freight Tracking and Surveillance Solution, Baggage and Cargo Screening System, Shipment Security Monitoring)), By Services (Consulting, System Integration & Deployment, Support & Maintenance), By Deployment Type (On-Premise, Cloud), By Application (Roadways, Railways, Seaways, Airways), By End-User (Third-Party Logistics, Forwarders & Brokers, Shippers & Carriers), By Region (North America, South America, Europe, Asia-Pacific, Middle East, and Africa), By Competitors (JDA Software, Accenture, DB Schenker, SNCF Geodis, CEVA, Hyundai Merchant Marine, Northline, Retalix, Werner, Interactive Freight Systems) Read more
- ICT & Electronics
- Jun 2021
- 267
- PDF, Excel, PPT
Market Overview
The freight management system is a software solution for efficient transport businesses to increase the effectiveness of commercial freight operations. It comprises numerous procedures like data entry, yet with a freight management system, the errors are reduced, thereby enhancing the company’s productivity & delivery capabilities.
According to MarkNtel Advisors’ research report, “Global Freight Management System Market Analysis, 2021,” the market is likely to grow at a CAGR of around 10.5% in the forecast period of 2021-26. It owes prominently to the growing number of MNCs, high investment by multiple market players overseas, and adoption of free trade policy by the governments of different countries. All these aspects are exponentially increasing the volume of imports & exports and booming the demand to have efficient freight management systems globally. Besides, the growing global e-commerce industry is also very likely to propel the overall market growth in the forecast period to guarantee planned inventory management and on-time delivery of products to the ultimate consumers.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR (2021-2026) | 10.5% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain | |
| Asia-Pacific: China, India, Japan, South Korea, Australia | |
| South America: Brazil, and Argentina | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa | |
| Key Companies Profiled | JDA Software, Accenture, DB Schenker, SNCF Geodis, CEVA, Hyundai Merchant Marine, Northline, Retalix, Werner, Interactive Freight Systems |
| Unit Denominations | USD Million/Billion |
Impact of COVID-19
The outbreak of the Covid-19 pandemic hit the Global market adversely, mainly due to the imposition of the “Great Lock-down” phase and movement restrictions. It brought a substantially negative impact on the world economies. Besides, the extending duration of this impact is still undetermined. However, the Global Freight Management System Market is a bit more insulated than other markets. Hence, the pandemic is likely to have a lesser extent, especially in industries like CPG and food & beverage, which have seen an increasing need for Freight Management System applications.
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Definition
- Executive Summary
- Impact of COVID-19 on Global Freight Management System Market
- Global Freight Management System Market Regulations & Policy
- Global Freight Management System Market Trends & Insights
- Global Freight Management System Market Dynamics
- Drivers
- Challenges
- Impact Analysis
- Global Freight Management System Market Hotspots & Opportunities
- Global Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- Solution
- Planning
- Supplier and Vendor Management
- Freight information Management
- Inventory Management
- Dispatch Management
- Claims Management
- Operations and Execution
- Load Optimization
- Freight Visibility
- Freight Audit & Payment
- Others (Transportation Management, etc)
- Control and Supervision
- Freight Tracking and Surveillance Solution
- Baggage and Cargo Screening System
- Shipment Security Monitoring
- Planning
- Services
- Consulting
- System Integration & Deployment
- Support & Maintenance
- Solution
- By Deployment Type
- On-Premise
- Cloud
- By Application
- Roadways
- Railways
- Seaways
- Airways
- By End Users
- Third-Party Logistics
- Forwarders and Brokers
- Shippers and Carriers
- By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
- By Competitors
- Competition Characteristics
- Market Share & Analysis
- Competitive Matrix
- By Component Type
- Market Size & Analysis
- North America Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Deployment Type
- By Application
- By End Users
- By Country
- The U.S.
- Canada
- Mexico
- Market Size & Analysis
- The U.S. Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Canada Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Mexico Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- South America Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Deployment Type
- By Application
- By End Users
- By Country
- Brazil
- Others
- Brazil Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Market Size & Analysis
- Europe Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Product Type
- By Base Material
- By End Users
- By Country
- The U.K.
- Germany
- France
- Italy
- Spain
- Others
- The U.K. Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Germany Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- France Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Italy Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Spain Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Deployment Type
- By Application
- By End Users
- By Country
- China
- India
- Japan
- South Korea
- Australia
- Others
- China Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- India Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Japan Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- South Korea Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Australia Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Market Size & Analysis
- Middle East and Africa Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Deployment Type
- By Application
- By End Users
- By Country
- UAE
- Saudi Arabia
- South Africa
- Others
- UAE Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Saudi Arabia Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- South Africa Freight Management System Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Component Type
- By Application
- Market Size & Analysis
- Market Size & Analysis
- Global Freight Management System Market Key Strategic Imperatives for Success and Growth
- Competition Outlook (Whichever Applicable)
- Competition Matrix
- Brand Specialization
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles
- JDA Software
- Accenture
- DB Schenker
- SNCF Geodis
- CEVA
- Hyundai Merchant Marine
- Northline
- Retalix
- Werner
- Interactive Freight Systems
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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