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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

May 2018 | 183 pages | ID: FAC14487111EN
MarketsandMarkets

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The freight management system market is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period

The freight management system market size is expected to grow from USD 10.76 billion in 2018 to USD 17.45 billion by 2023, at a CAGR of 10.1% during the forecast period. This growth is expected to be fuelled by the business values, such as 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.

Among end-users, the shippers segment is expected to witness the fastest growth rate during the forecast period

The shippers segment is expected to grow at the highest CAGR during the forecast period. Shippers have realized that immediate responses, quick business decisions, and customer satisfaction are the most important features to expand their businesses, increase revenues, and ensure desired outcomes. The advancements in freight management solutions and technologies, along with the increasing cost of logistics and unpredictable demand and supply cycles have increased the priorities for logistics in the business strategies of shippers. Many shippers have responded by acquiring or investing in logistics businesses and taking control of their supply chains. These practices would also help them grow their businesses efficiently and quickly.

The air freight transportation mode is expected to have the fastest growth rate during the forecast period

The air freight transportation mode is expected to witness the fastest growth rate during the forecast period. Air transportation is the most cost-intensive transportation mode, with low adoption among logistics providers. The demand for freight management system solutions are higher among air freight enterprises, as these solutions offer security and enable the tracking of precious goods. Moreover, many freight management system solution providers offer tailor-made air freight solutions to these enterprises.

Asia Pacific (APAC) is expected to grow at the fastest rate during the forecast period

As per the geographic analysis, the APAC region is expected to witness the fastest growth rate in the freight management system market, due to the region’s nature of rapidly adopting new technologies, making higher investments in digital transformation, and its growing share of freight volumes transported globally. Organizations in the APAC region are adopting the freight management system, due to the high share of global trade volumes that it possesses, with the freight management system solutions enabling businesses to reduce costs, save time, increase control, and incorporate flexibility in supply chains. The international competition among enterprises to reduce prices has driven new entrants into the APAC market and disrupted business models of organizations. The large shippers and logistics service providers in APAC are acknowledging the importance of freight management solutions and technologies, as they focus on the deployment of tools to facilitate the faster delivery of freight and efficiently cater to their customers’ frequent requirements.

The break-up of the profiles of the primary participants has been given below:
  • By Company Type: Tier 1: (30%), Tier 2: (40%), and Tier 3: (30%)
  • By Designation: C-Level: (40%), Director Level: (25%), and Manager Level: (35%)
  • By Region: North America: (35%), APAC: (30%), Europe: (25%), and RoW: (10%)
The key freight management system market vendors profiled in the report are as follows:

1. Descartes (Canada)
2. Oracle (US)
3. Werner Enterprises (US)
4. MercuryGate (US)
5. SAP (Germany)
6. Accenture (Republic of Ireland)
7. JDA Software (US)
8. Ceva Logistics (Spain)
9. UPS (US)
10. DB Schenker (Germany)
11. C.H. Robinson TMC (US)
12. Riege Software (Germany)
13. Retrans (US)
14. BluJay Solutions (UK)
15. McLeod Software (US)
16. FreightView (US)
17. Freight Management (US)
18. Linbis (US)
19. Logisuite (US)
20. DreamOrbit (India)
21. Manhattan Associates (US)
22. Magaya Corporation (US)
23. Kuebix (US)
24. ImageSoft (Australia)
25. 3GTMS (US)

Research Coverage

The global freight management system market has been segmented by component (solutions and services), transportation mode, end-user, and region. The detailed analysis of the regions has been done to provide insights into the potential business opportunities across different regions. In addition to this, product portfolio, recent developments, and the strategic analysis of vendors are some of the other MarketsandMarkets’ analysis included in the report.

Reasons to Buy the Report

The report would help the market leaders/new entrants in the freight management system market in the following ways:

1. The report segments the freight management system market comprehensively to provide the closest approximations of the revenue numbers for the overall market and its subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
3. The report helps stakeholders understand their competitors and gain more insights to enhance their positions in the market.
1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
  2.1.2 PRIMARY DATA
    2.1.2.1 Breakdown of primaries
    2.1.2.2 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.3 RESEARCH ASSUMPTIONS
2.4 LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 FREIGHT MANAGEMENT SYSTEM MARKET SIZE, 2018 VS. 2023
4.2 FREIGHT MANAGEMENT SYSTEM MARKET, BY TRANSPORTATION MODE, 2018 VS. 2023
4.3 FREIGHT MANAGEMENT SYSTEM MARKET, BY COMPONENT, 2018 VS. 2023
4.4 FREIGHT MANAGEMENT SYSTEM MARKET, BY SOLUTION, 2018 VS. 2023
4.5 FREIGHT MANAGEMENT SYSTEM MARKET, BY SOLUTION TYPE, 2018 VS. 2023
4.6 FREIGHT MANAGEMENT SYSTEM MARKET, MARKET SHARE ACROSS VARIOUS REGIONS
4.7 MARKET INVESTMENT SCENARIO

5 MARKET OVERVIEW AND INDUSTRY TRENDS

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
  5.2.1 DRIVERS
    5.2.1.1 Rapidly increasing global trade and the need to control the time-in-transit
    5.2.1.2 Increased supply chain visibility
    5.2.1.3 Emergence of advanced solutions in cargo security, safety, and transportation
    5.2.1.4 Rapidly growing communication technologies and IoT
  5.2.2 RESTRAINTS
    5.2.2.1 Congested trade routes
    5.2.2.2 Cross-border trade risks
    5.2.2.3 Environmental concerns
  5.2.3 OPPORTUNITIES
    5.2.3.1 Green freight
    5.2.3.2 Autonomous trucking and smart freight transport
    5.2.3.3 Blockchain in freight management
    5.2.3.4 Cloud and big data analytics
  5.2.4 CHALLENGES
    5.2.4.1 Operational evolution of small players
    5.2.4.2 Cost sensitivity
5.3 FREIGHT LIFE CYCLE
5.4 FREIGHT VALUE CHAIN

6 FREIGHT MANAGEMENT SYSTEM MARKET, BY COMPONENT

6.1 INTRODUCTION

7 FREIGHT MANAGEMENT SYSTEM MARKET, BY SOLUTION

7.1 INTRODUCTION
7.2 PLANNING
  7.2.1 SUPPLIER AND VENDOR MANAGEMENT
  7.2.2 FREIGHT ORDER MANAGEMENT
  7.2.3 REVENUE MANAGEMENT
  7.2.4 DISPATCH MANAGEMENT
  7.2.5 CLAIMS MANAGEMENT
7.3 EXECUTION AND OPERATIONS
  7.3.1 ELECTRONIC DATA INTERCHANGE
  7.3.2 LOAD OPTIMIZATION
  7.3.3 BROKERAGE OPERATIONAL MANAGEMENT
  7.3.4 FREIGHT VISIBILITY
  7.3.5 FREIGHT AUDIT AND PAYMENT
  7.3.6 TRANSPORTATION MANAGEMENT SYSTEM
7.4 CONTROL AND MONITORING
  7.4.1 FREIGHT TRACKING AND MONITORING SOLUTION
  7.4.2 CARGO ROUTING AND SCHEDULING SOLUTION
  7.4.3 CARGO SECURITY

8 FREIGHT MANAGEMENT SYSTEM MARKET, BY SERVICE

8.1 INTRODUCTION
8.2 CONSULTING
8.3 SYSTEM INTEGRATION AND DEPLOYMENT
8.4 SUPPORT AND MAINTENANCE

9 FREIGHT MANAGEMENT SYSTEM MARKET, BY END-USER

9.1 INTRODUCTION
9.2 THIRD-PARTY LOGISTICS
9.3 FORWARDERS
9.4 BROKERS
9.5 SHIPPERS
9.6 CARRIERS

10 FREIGHT MANAGEMENT SYSTEM MARKET, BY TRANSPORTATION MODE

10.1 INTRODUCTION
10.2 RAIL FREIGHT
10.3 ROAD FREIGHT
10.4 OCEAN FREIGHT
10.5 AIR FREIGHT

11 FREIGHT MANAGEMENT SYSTEM MARKET, BY REGION

11.1 INTRODUCTION
11.2 NORTH AMERICA
  11.2.1 UNITED STATES
  11.2.2 CANADA
11.3 EUROPE
  11.3.1 GERMANY
  11.3.2 UNITED KINGDOM
  11.3.3 FRANCE
  11.3.4 REST OF EUROPE
11.4 ASIA PACIFIC
  11.4.1 CHINA
  11.4.2 JAPAN
  11.4.3 AUSTRALIA AND NEW ZEALAND
  11.4.4 SINGAPORE
  11.4.5 REST OF ASIA PACIFIC
11.5 MIDDLE EAST AND AFRICA
  11.5.1 KINGDOM OF SAUDI ARABIA
  11.5.2 UNITED ARAB EMIRATES
  11.5.3 QATAR
  11.5.4 SOUTH AFRICA
  11.5.5 REST OF MIDDLE EAST AND AFRICA
11.6 LATIN AMERICA
  11.6.1 BRAZIL
  11.6.2 MEXICO
  11.6.3 REST OF LATIN AMERICA

12 COMPETITIVE LANDSCAPE

12.1 OVERVIEW
12.2 MARKET RANKING ANALYSIS
12.3 COMPETITIVE SCENARIO
  12.3.1 PARTNERSHIPS/COLLABORATIONS
  12.3.2 NEW PRODUCT LAUNCHES
  12.3.3 BUSINESS EXPANSIONS
  12.3.4 MERGERS AND ACQUISITIONS

13 COMPANY PROFILES

(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*

13.1 DESCARTES
13.2 ORACLE
13.3 WERNER ENTERPRISES
13.4 MERCURYGATE
13.5 SAP
13.6 ACCENTURE
13.7 JDA SOFTWARE
13.8 CEVA LOGISTICS
13.9 UPS
13.10 DB SCHENKER
13.11 C.H. ROBINSON (TMC)
13.12 RIEGE SOFTWARE
13.13 RETRANS
13.14 BLUJAY SOLUTIONS
13.15 MCLEOD SOFTWARE
13.16 FREIGHTVIEW
13.17 FREIGHT MANAGEMENT (FMI)
13.18 LINBIS
13.19 LOGISUITE
13.20 DREAMORBIT
13.21 KEY INNOVATORS
  13.21.1 MANHATTAN ASSOCIATES
  13.21.2 MAGAYA CORPORATION
  13.21.3 KUEBIX
  13.21.4 IMAGESOFT
  13.21.5 3GTMS

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

14 APPENDIX

14.1 DISCUSSION GUIDE
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS

LIST OF TABLES

Table 1 FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 2 SOLUTIONS: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY STAGE, 2016–2023 (USD MILLION)
Table 3 SOLUTIONS: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 4 PLANNING: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 5 PLANNING: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 6 SUPPLIER AND VENDOR MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 7 FREIGHT ORDER MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 8 REVENUE MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 9 DISPATCH MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 10 CLAIMS MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 11 EXECUTION AND OPERATIONS: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 12 EXECUTION AND OPERATIONS: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 13 ELECTRONIC DATA INTERCHANGE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 14 LOAD OPTIMIZATION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 15 BROKERAGE OPERATIONAL MANAGEMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 16 FREIGHT VISIBILITY MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 17 FREIGHT AUDIT AND PAYMENT MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 18 TRANSPORTATION MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 19 CONTROL AND MONITORING: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 20 SOFTWARE: CONTROL AND MONITORING MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 21 HARDWARE: CONTROL AND MONITORING MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 22 CONTROL AND MONITORING: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 23 FREIGHT TRACKING AND MONITORING SOLUTION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 24 CARGO ROUTING AND SCHEDULING SOLUTION MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 25 CARGO SECURITY MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 26 FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 27 SERVICES: FREIGHT MANAGEMENT SYSTEMS MARKET SIZE, BY REGION, 2016—2023 (USD MILLION)
Table 28 CONSULTING: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 29 SYSTEM INTEGRATION AND DEPLOYMENT: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 30 SUPPORT AND MAINTENANCE: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 31 FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
Table 32 END-USER: FREIGHT MANAGEMENT SYSTEMS MARKET SIZE, BY REGION, 2016—2023 (USD MILLION)
Table 33 THIRD-PARTY LOGISTICS: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 34 FORWARDERS: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 35 BROKERS: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 36 SHIPPERS: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 37 CARRIERS: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 38 FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY TRANSPORTATION MODE, 2016–2023 (USD MILLION)
Table 39 RAIL FREIGHT: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 40 ROAD FREIGHT: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 41 OCEAN FREIGHT: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 42 AIR FREIGHT: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
Table 43 NORTH AMERICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 44 NORTH AMERICA: FREIGHT MANAGEMENT SYSTEM SOLUTION MARKET SIZE, BY STAGE, 2016–2023 (USD MILLION)
Table 45 NORTH AMERICA: PLANNING MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 46 NORTH AMERICA: EXECUTION AND OPERATIONS MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 47 NORTH AMERICA: CONTROL AND MONITORING MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 48 NORTH AMERICA: CONTROL AND MONITORING SOFTWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 49 NORTH AMERICA: CONTROL AND MONITORING HARDWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 50 NORTH AMERICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 51 NORTH AMERICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY TRANSPORTATION MODE, 2016–2023 (USD MILLION)
Table 52 NORTH AMERICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
Table 53 EUROPE: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2018–2023 (USD MILLION)
Table 54 EUROPE: FREIGHT MANAGEMENT SYSTEM SOLUTION MARKET SIZE, BY STAGE, 2018–2023 (USD MILLION)
Table 55 EUROPE: PLANNING MARKET SIZE, BY SOLUTION TYPE, 2018–2023 (USD MILLION)
Table 56 EUROPE: EXECUTION AND OPERATIONS MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 57 EUROPE: CONTROL AND MONITORING MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 58 EUROPE: CONTROL AND MONITORING SOFTWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 59 EUROPE: CONTROL AND MONITORING HARDWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 60 EUROPE: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 61 EUROPE: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY TRANSPORTATION MODE, 2016–2023 (USD MILLION)
Table 62 EUROPE: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
Table 63 ASIA PACIFIC: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 64 ASIA PACIFIC: FREIGHT MANAGEMENT SYSTEM SOLUTION MARKET SIZE, BY STAGE, 2016–2023 (USD MILLION)
Table 65 ASIA PACIFIC: PLANNING MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 66 ASIA PACIFIC: EXECUTION AND OPERATIONS MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 67 ASIA PACIFIC: CONTROL AND MONITORING MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 68 ASIA PACIFIC: CONTROL AND MONITORING SOFTWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 69 ASIA PACIFIC: CONTROL AND MONITORING HARDWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 70 ASIA PACIFIC: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 71 ASIA PACIFIC: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY TRANSPORTATION MODE, 2016–2023 (USD MILLION)
Table 72 ASIA PACIFIC: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
Table 73 MIDDLE EAST AND AFRICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 74 MIDDLE EAST AND AFRICA: FREIGHT MANAGEMENT SYSTEM SOLUTION MARKET SIZE, BY STAGE, 2016–2023 (USD MILLION)
Table 75 MIDDLE EAST AND AFRICA: PLANNING MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 76 MIDDLE EAST AND AFRICA: EXECUTION AND OPERATIONS MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 77 MIDDLE EAST AND AFRICA: CONTROL AND MONITORING MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 78 MIDDLE EAST AND AFRICA: CONTROL AND MONITORING SOFTWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 79 MIDDLE EAST AND AFRICA: CONTROL AND MONITORING HARDWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 80 MIDDLE EAST AND AFRICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 81 MIDDLE EAST AND AFRICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY TRANSPORTATION MODE, 2016–2023 (USD MILLION)
Table 82 MIDDLE EAST AND AFRICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
Table 83 LATIN AMERICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 84 LATIN AMERICA: FREIGHT MANAGEMENT SYSTEM SOLUTION MARKET SIZE, BY STAGE, 2016–2023 (USD MILLION)
Table 85 LATIN AMERICA: PLANNING MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 86 LATIN AMERICA: EXECUTION AND OPERATIONS MARKET SIZE, BY SOLUTION TYPE, 2016–2023 (USD MILLION)
Table 87 LATIN AMERICA: CONTROL AND MONITORING MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
Table 88 LATIN AMERICA: CONTROL AND MONITORING SOFTWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 89 LATIN AMERICA: CONTROL AND MONITORING HARDWARE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
Table 90 LATIN AMERICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
Table 91 LATIN AMERICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY TRANSPORTATION MODE, 2016–2023 (USD MILLION)
Table 92 LATIN AMERICA: FREIGHT MANAGEMENT SYSTEM MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
Table 93 MARKET RANKING, 2018
Table 94 PARTNERSHIPS/COLLABORATIONS, 2017–2018
Table 95 NEW PRODUCT LAUNCHES, 2015–2017
Table 96 BUSINESS EXPANSIONS, 2016–2018
Table 97 MERGERS AND ACQUISITIONS, 2017–2018

Information and communication technology is considered to be the most crucial tool for safe and efficient freight operations. Various kinds of technologies are used to improve the performance of freight networks.

Government agencies and industry leaders use terms such as intelligent vehicles, smart highways, intelligent freight, and intelligent transportation to express the system that are used in the management of freight operations.

The report on the global freight management system market provides an in-depth view about the market as a whole, comprising the contemporary dynamics and trends along with valuable forecasts for the near future. For better analysis, the market is carefully segmented in this report, covering the aspects of freight management systems, technologies, services, freight modes, and so on. The report also consists of major factors substantially impacting this market. Emphasis has been given on the opportunity analysis of various types of systems and solutions such as freight operational management, freight information system, cargo and baggage screening system, security and monitoring system, and logistics management system. The market sizes for different modes of the freight industry along with the global trends and technological forecasts based on careful analysis have been integrated in this report. The global market has been divided into North America (NA), Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America (LA) regions for a region-specific analysis which has been provided in the report. Each regional market has been further segmented by technology, service, and solution and also forecasts for the market size of the various sub-segments have been included in the report.

The scope of the report covers the Information and Communications Technology (ICT) systems, activities, and processes that contribute to the management of freight operations. Other functions covered in this report include order processing, various transportation modes, scheduling and monitoring, operational services, and other solutions and services, which are needed for efficient management of the freight system. Emphasis has been given on current trends of the market such as the market drivers, restraints and upcoming opportunities for the various freight companies. Furthermore, solutions, services, and technologies which are direct contributors to the growth of freight management systems have also been analyzed and reviewed in the report. However, the report scope excludes intermodal freight transportation.

The report provides insights of the top 10 companies in the market and their products and strategies. 

 



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