Market Overview

Global Logistics Services Software Market 2018-2022 to Post a CAGR of 10% CAGR Over the Next Five Years | Technavio


The global logistics services software market is expected to post a CAGR
of over 10% during the period 2018-2022, according to the latest market
research report by Technavio.

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Technavio has published a new market research report on the global logistics services software marke ...

Technavio has published a new market research report on the global logistics services software market from 2018-2022. (Graphic: Business Wire)

A key factor driving for the market is the growth in global
containerized seaborne trade. The global economy is extremely dependent
on global trade activities, in which seaborne trade plays a crucial
role. The increase in trade activities and rising production of goods
and services worldwide will augment global seaborne trade, which
involves the use of containers for the transportation of goods.
Presently, the increased use of containers in seaborne trade has spurred
the need for container tracking and security software systems to improve
the traceability, efficiency, and security of the containers. This, in
turn, will improve the performance of the entire supply chain and drive
the use of logistic services software during the forecast period.

This market research report on the global
logistics services software market 2018-2022
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the growth of the
tracking-as-a-service market as one of the key emerging trends in the
global logistics services software market:

Global logistics services software market:
Growth of tracking-as-a-service market

Global economic growth and globalization have prompted business,
logistics, and shipping vendors to deploy tracking and monitoring
software solutions to improve productivity and increase operational
efficiency. Tracking as-a-service or solutions such as
software-as-a-service (SaaS) or platform-as-a-service (PaaS) models are
gaining popularity in the global transportation and logistics market.
The rising demand from end-users for the GPS-enabled tracking of ships,
containers, and fleets is expected to drive the growth of the global
logistics services software market.

"An increase in the number of FTAs between various countries is
expected to fuel the growth of containerized international seaborne
trade, which in turn will drive the global logistics services software
market during the forecast period,"
says a senior analyst at
Technavio for research on enterprise application.

Global logistics services software market:
Segmentation analysis

This market research report segments the global logistics services
software market by geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of close to 42%,
followed by EMEA and APAC respectively. However, during the forecast
period, the APAC region is expected to show the highest incremental
growth followed by the Americas.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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