What is Courier Management Software Market?
Courier management software is business software that offers a system to place and track delivery orders for packages or products. It allows courier service providers to plan & optimizing delivery routes, courier scheduling, and package tracking during delivery time. Increasing use of the internet and penetration of smartphones has led consumers towards online shopping due to busy lifestyles, which has increased the demand for advanced technologies for courier management.
The market study is being classified by Type (Mobile App and Desktop Based) and major geographies with country level break-up.
Softpal Technologies (India), Datatrac (Georgia), DA Systems (United States), Softec (India), Key Software Systems (United States), ASK Technology (India), Logisuite (United States), OnTime 360 (United States), Zedex Software (India), Logixgrid Technologies (Canada), Capterra (United States) and Coda Commerce (United Kingdom) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Courier Management Software market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Courier Management Software market by Type, Application and Region.
On the basis of geography, the market of Courier Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand of Advanced Technological Solutions to Improve Delivery Performance and Real-time Monitoring Delivery Package
- Increasing Consumer Preference Towards the Online Shopping
- Growing Popularity of Mobile App and Web-based Courier Management Software
- Slow Adoption by the Small Courier Companies May Hamper the Growth
- Rapidly Growing Retail Industry Thereby Transportation Industry
- Less Awareness About Advanced Technologies and Lack of Internet Connectivity in Rural Areas
Market Leaders and some development strategies
In April 2021, MercuryGate International, Inc. announced the acquisition of logistics optimization leader Cheetah Software Systems. Cheetah is an advanced software platform that optimizes logistics operations for delivery, less-than-truckload, courier, and private fleet operations. It enables delivery service providers to increase the efficiency of route planners, dispatchers, drivers, and customer service representatives. The acquisition will allow MercuryGate to deliver the last-mile, parcel, and less-than-truckload solutions, and enhanced fleet management capabilities.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Courier Management Software Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Courier Management Software Market?
"Increasing Demand of Advanced Technological Solutions to Improve Delivery Performance and Real-time Monitoring Delivery Package
" is seen as one of major growth factors of Courier Management Software Market in years to come.
2. Can we have customized study for Courier Management Software Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Courier Management Software Market?
United States will lead Courier Management Software Market in coming years.