Global Shipping Software Market

Global Shipping Software Market Size, Trends, and Analysis - Forecasts To 2026 By Component (Software and Services), By Deployment (On-premises and Cloud), By Application (Retail & eCommerce, 3PL/Contract Logistics, Courier & Postal Services, and Freight/Cargo Forwarding), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology

Format

This report was recently updated on April 13 2024 with the latest and most recent market numbers

Global Shipping Software Market: Insights

Numerous laws and regulations from many organizations such as airports, immigration, transporters, and shippers made earlier systems difficult to utilize. On the other hand, shipping software that can handle all of the laws and regulations and construct a cargo, as a result, has increased in demand in the global shipping software market. Furthermore, the enormous rise of the eCommerce business throughout the main nations has resulted in a surge in shipping volume, making it impossible to manage with conventional methods. As a result, significant participants in shipments and e-commerce have embraced shipping software, propelling the global shipping software market forward.

The shipping software market is experiencing a transformation as emerging technologies like the Internet of Things, machine learning, drones, robotics, blockchain, artificial intelligence, and augmented reality are developed and implemented in all realms of trade around the world to create a more competitive and profitable atmosphere to conduct trade activities. Furthermore, the shipping software market is witnessing tremendous growth as cloud-based and integrated shipping software is used to further manage and process shipping operations. B2B and B2C solutions are supported by shipping software platforms, allowing for object monitoring during the delivery process. Furthermore, the shipping industry is likely to gain a technical advantage by using shipping software to manage, store, and move data regarding trading operations and goods safely and stably. As a result, the shipping software market is likely to experience significant growth.

Increased export and import activity around the world are assisting in the development of national economies and the expansion of foreign markets. Each nation has some benefits in terms of expertise and capital; however, a country may lack other resources to grow and boost its overall economy, prompting it to participate in import and export activities to enhance its GDP and wealth. Customers and inventory records are stored in the software's database, which can be used before beginning export and import operations from one nation to another. As a result, the growing use of shipping software to broaden industry globally through export and import activities is expected to drive the shipping software market throughout the forecast period.

As many countries have expanded trade protection and changed policies on shipping, the trade tensions between countries are one of the key factors limiting the development of the shipping software market. This has influenced the shipping industry's digital transition. Furthermore, rising trade tensions are stifling world trade and activity, which is constraining the global shipping software market's expansion. Besides that, the threats of trade tensions escalating, and a wider reverse of globalization have increased, affecting global demand, growth, and job opportunities. This is supposed to influence investment decisions around the world, obstructing the sustainability of global trade momentum. As a result, an increase in a country-to-country conflict of interest may harm the global shipping software market. Via shipping software, export and import agents can quickly and easily develop, collect, and distribute accurate trade records for every foreign trade transaction. By reducing mistakes, shipping software also aids agents in increasing their productivity in completing import and export operations. As a result, the shipping software market is foreseen to expand globally.

global shipping software market

Global Shipping Software Market: By Component

Based on the component the shipping software market has been segmented into software and services. Due to the rising demand for shipping software despite growing traffic congestion and the increasing need to improve customer service quality, the software segment is estimated to account for a greater share throughout the forecast period. Order management software's prominence is growing due to inventory control and label printing. Online retailers are being transformed by multichannel inventory and order management software. Multi orders are one such system that assists in the integration of various sales channels and serves as a straightforward workflow-optimization solution. Budgeting, backorders, and price control are just a few of the numerous benefits of multi-channel inventory and order management software. Shipping software industry participants are developing systems that enable volume ordering, production of return forms, and billing in real-time.

Global Shipping Software Market: By Deployment

Based on deployment the market has been categorized into on-premises and cloud. Because of the need for specialized applications that can solve complicated requirements, as well as the need for data control and protection, the on-premises deployment type is projected to have a greater market share throughout the forecast period. Because of the cost advantages and scalability, it provides, cloud deployments are projected to expand at a faster pace throughout the forecast period.

Global Shipping Software Market: By Application

Based on application the market is divided into courier & postal services, 3PL/contract logistics, retail & eCommerce, and freight/cargo forwarding. The retail & eCommerce application is expected to maintain its domination in the global shipping software market. This is due to the exponential development of the eCommerce sectors in areas including the Asia Pacific and North America. Dedicated in-house logistics services and distribution capabilities are being developed by industry leaders such as eBay, Google, and Amazon. For example, Amazon's Global Supply Chain, or international supply chain, is an in-house operation that is expected to reduce shipping times for Amazon consumers.

asia pacific shipping software market

Global Shipping Software Market: By Region

In the global shipping software market, North America is foreseen to predominate. Because of its early technological adoption and consistent growth in export & import activity throughout the region is assisting in the development of core market players and the expansion of regional marketplaces. The expansion of the eCommerce and retail industries in leading economies such as the United States has resulted in a rise in the number of shipments. This, in turn, hastens the growth of the shipping software market.

Asia Pacific is expected to rise at the highest CAGR. The major factor of growth in the region is the exponential growth of eCommerce companies. For example, large eCommerce players such as Alibaba in China and Amazon and Flipkart in India use shipping software to handle their global supply chains. Governments are also taking steps to build sea routes, improve facilities, and facilitate trade through sea routes, resulting in increased demand for regional shipping software.

Global Shipping Software Market: Share & Competitor Analysis

Major players competing in the global shipping software market are Shiphawk, AfterShip, Manhattan Associates, Descartes System Group, Pitney Bowes, EASYPOST, Inc., Kubix, Mecalux, Webgility Inc., Metapack, Interapptive, ShippingEasy, Oracle Corporation, Jolly Technologies Inc., Ordoro, Inc., S.A, Logistyx Technologies, Proship Inc., SAP SE, ShipStation and XPS Parcel.

Please note: This is not an exhaustive list of companies profiled in the report.

ShipTrack, cloud-based mobile resource management and shipping tracking solution, was acquired by Descartes Systems Group in November 2020.

The Descartes Systems Group, Inc. will launch an Internet-based transportation management system in August 2020. (e-TMS). Load tendering, multi-modal carrier assignment, rate shopping, multi-modal rating engine, transport order management, and integrated invoicing accounting capabilities are all available via E-TMS.

Pitney Bowes, Inc. launched SendPro+ shipping solutions in July 2020. With this shipping and mailing approach, businesses can choose the best Royal Mail and Parcelforce Worldwide choice for each parcel and letter.

Chapter 1 Methodology

1.1 Market Scope & Definitions

1.2 Estimates & Forecast Calculation

1.3 Historical Data Overview And Validation

1.4 Data Components

1.4.1 Secondary

1.4.2 Primary

Chapter 2 Report Outlook

2.1 Global Shipping Software Market Overview, 2019-2026

2.1.1 Industry Overview

2.1.2 Component Overview

2.1.3 Application Overview

2.1.4 Deployment Overview

2.1.5 Regional Overview

Chapter 3 Global Shipping Software Market Trends

3.1 Market Segmentation

3.2 Industry Background, 2019-2026

3.3 Market Key Trends

3.3.1 Positive Trends

3.3.1.1 Increasing Export and Import Activities

3.3.1.2 Enormous Rise of the eCommerce

3.3.2 Industry Challenges

3.3.2.1 Increasing Threats of Trade Tensions

3.4 Prospective Growth Scenario

3.4.1 Component Growth Scenario

3.4.2 Application Growth Scenario

3.4.3 Deployment Growth Scenario

3.5 COVID-19 Influence over Industry Growth

3.6 Porter’s Analysis

3.7 PESTEL Analysis

3.8 Value Chain & Supply Chain Analysis

3.9 Regulatory Framework

3.9.1 North America

3.9.2 Europe

3.9.3 APAC

3.9.4 LATAM

3.9.5 MEA

3.10 Technology Overview

3.11 Market Share Analysis, 2020

3.11.1 Company Positioning Overview, 2020

Chapter 4 Global Shipping Software Market, By Component

4.1 Component Outlook

4.2 Software

4.2.1 Market Size, By Region, 2019-2026 (USD Million)

4.3 Service

4.3.1 Market Size, By Region, 2019-2026 (USD Million)

Chapter 5 Global Shipping Software Market, By Application

5.1 Application Outlook

5.2 Packaging

5.2.1 Market Size, By Region, 2019-2026 (USD Million)

5.3 3PL/Contract Logistics

5.3.1 Market Size, By Region, 2019-2026 (USD Million)

5.4 Courier & Postal Services

5.4.1 Market Size, By Region, 2019-2026 (USD Million)

5.5 Freight/Cargo Forwarding

5.5.1 Market Size, By Region, 2019-2026 (USD Million)

Chapter 6 Global Shipping Software Market, By Deployment

6.1 Deployment Outlook

6.2 On-premises

6.2.1 Market Size, By Region, 2019-2026 (USD Million)

6.3 Cloud

6.3.1 Market Size, By Region, 2019-2026 (USD Million)

Chapter 7 Global Shipping Software Market, By Region

7.1 Regional outlook

7.2 North America

7.2.1 Market Size, By Country 2019-2026 (USD Million)

7.2.2 Market Size, By Component, 2019-2026 (USD Million)

7.2.3 Market Size, By Application, 2019-2026 (USD Million)

7.2.4 Market Size, By Deployment, 2019-2026 (USD Million)

7.2.5 U.S.

7.2.5.1 Market Size, By Component, 2019-2026 (USD Million)

7.2.5.2 Market Size, By Application, 2019-2026 (USD Million)

7.2.5.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.2.6 Canada

7.2.6.1 Market Size, By Component, 2019-2026 (USD Million)

7.2.6.2 Market Size, By Application, 2019-2026 (USD Million)

7.2.6.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.3 Europe

7.3.1 Market Size, By Country 2019-2026 (USD Million)

7.3.2 Market Size, By Component, 2019-2026 (USD Million)

7.3.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.3.4 Market Size, By Deployment, 2019-2026 (USD Million)

7.3.5 Germany

7.3.5.1 Market Size, By Component, 2019-2026 (USD Million)

7.3.5.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.5.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.3.6 UK

7.3.6.1 Market Size, By Component, 2019-2026 (USD Million)

7.3.6.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.6.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.3.7 France

7.3.7.1 Market Size, By Component, 2019-2026 (USD Million)

7.3.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.7.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.3.8 Italy

7.3.8.1 Market Size, By Component, 2019-2026 (USD Million)

7.3.8.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.8.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.3.9 Spain

7.3.9.1 Market Size, By Component, 2019-2026 (USD Million)

7.3.9.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.9.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.3.10 Russia

7.3.10.1 Market Size, By Component, 2019-2026 (USD Million)

7.3.10.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.10.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.4 Asia Pacific

7.4.1 Market Size, By Country 2019-2026 (USD Million)

7.4.2 Market Size, By Component, 2019-2026 (USD Million)

7.4.3 Market Size, By Application, 2019-2026 (USD Million)

7.4.4 Market Size, By Deployment, 2019-2026 (USD Million)

7.4.5 China

7.4.5.1 Market Size, By Component, 2019-2026 (USD Million)

7.4.5.2 Market Size, By Application, 2019-2026 (USD Million)

7.4.5.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.4.6 India

7.4.6.1 Market Size, By Component, 2019-2026 (USD Million)

7.4.6.2 Market Size, By Application, 2019-2026 (USD Million)

7.4.6.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.4.7 Japan

7.4.7.1 Market Size, By Component, 2019-2026 (USD Million)

7.4.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.4.7.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.4.8 Australia

7.4.8.1 Market Size, By Component, 2019-2026 (USD Million)

7.4.8.2 Market size, By Application, 2019-2026 (USD Million)

7.4.8.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.4.9 South Korea

7.4.9.1 Market Size, By Component, 2019-2026 (USD Million)

7.4.9.2 Market Size, By Application, 2019-2026 (USD Million)

7.4.9.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.5 Latin America

7.5.1 Market Size, By Country 2019-2026 (USD Million)

7.5.2 Market Size, By Component, 2019-2026 (USD Million)

7.5.3 Market Size, By Application, 2019-2026 (USD Million)

7.5.4 Market Size, By Deployment, 2019-2026 (USD Million)

7.5.5 Brazil

7.5.5.1 Market Size, By Component, 2019-2026 (USD Million)

7.5.5.2 Market Size, By Application, 2019-2026 (USD Million)

7.5.5.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.5.6 Mexico

7.5.6.1 Market Size, By Component, 2019-2026 (USD Million)

7.5.6.2 Market Size, By Application, 2019-2026 (USD Million)

7.5.6.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.5.7 Argentina

7.5.7.1 Market Size, By Component, 2019-2026 (USD Million)

7.5.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.5.7.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.6 MEA

7.6.1 Market Size, By Country 2019-2026 (USD Million)

7.6.2 Market Size, By Component, 2019-2026 (USD Million)

7.6.3 Market Size, By Application, 2019-2026 (USD Million)

7.6.4 Market Size, By Deployment, 2019-2026 (USD Million)

7.6.5 Saudi Arabia

7.6.5.1 Market Size, By Component, 2019-2026 (USD Million)

7.6.5.2 Market Size, By Application, 2019-2026 (USD Million)

7.6.5.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.6.6 UAE

7.6.6.1 Market Size, By Component, 2019-2026 (USD Million)

7.6.6.2 Market Size, By Application, 2019-2026 (USD Million)

7.6.6.3 Market Size, By Deployment, 2019-2026 (USD Million)

7.6.7 South Africa

7.6.7.1 Market Size, By Component, 2019-2026 (USD Million)

7.6.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.6.7.3 Market Size, By Deployment, 2019-2026 (USD Million)

Chapter 8 Company Landscape

8.1 Competitive Analysis, 2020

8.2 Shiphawk

8.2.1 Company Overview

8.2.2 Financial Analysis

8.2.3 Strategic Positioning

8.2.4 Info Graphic Analysis

8.3 AfterShip, Manhattan Associates

8.3.1 Company Overview

8.3.2 Financial Analysis

8.3.3 Strategic Positioning

8.3.4 Info Graphic Analysis

8.4 Descartes System Group

8.4.1 Company Overview

8.4.2 Financial Analysis

8.4.3 Strategic Positioning

8.4.4 Info Graphic Analysis

8.5 Pitney Bowes

8.5.1 Company Overview

8.5.2 Financial Analysis

8.5.3 Strategic Positioning

8.5.4 Info Graphic Analysis

8.6 EASYPOST, Inc.

8.6.1 Company Overview

8.6.2 Financial Analysis

8.6.3 Strategic Positioning

8.6.4 Info Graphic Analysis

8.7 Kubix

8.7.1 Company Overview

8.7.2 Financial Analysis

8.7.3 Strategic Positioning

8.7.4 Info Graphic Analysis

8.8 Mecalux

8.8.1 Company Overview

8.8.2 Financial Analysis

8.8.3 Strategic Positioning

8.8.4 Info Graphic Analysis

8.9 Webgility Inc.

8.9.1 Company Overview

8.9.2 Financial Analysis

8.9.3 Strategic Positioning

8.9.4 Info Graphic Analysis

8.10 Metapack

8.10.1 Company Overview

8.10.2 Financial Analysis

8.10.3 Strategic Positioning

8.10.4 Info Graphic Analysis

8.11 Interapptive

8.11.1 Company Overview

8.11.2 Financial Analysis

8.11.3 Strategic Positioning

8.11.4 Info Graphic Analysis

8.12 ShippingEasy

8.12.1 Company Overview

8.12.2 Financial Analysis

8.12.3 Strategic Positioning

8.12.4 Info Graphic Analysis

8.13 Oracle Corporation

8.13.1 Company Overview

8.13.2 Financial Analysis

8.13.3 Strategic Positioning

8.13.4 Info Graphic Analysis

8.14 Jolly Technologies Inc.

8.14.1 Company Overview

8.14.2 Financial Analysis

8.14.3 Strategic Positioning

8.14.4 Info Graphic Analysis

8.15 Ordoro, Inc. S.A

8.15.1 Company Overview

8.15.2 Financial Analysis

8.15.3 Strategic Positioning

8.15.4 Info Graphic Analysis

8.16 Logistyx Technologies

8.16.1 Company Overview

8.16.2 Financial Analysis

8.16.3 Strategic Positioning

8.16.4 Info Graphic Analysis

8.17 Proship Inc.

8.17.1 Company Overview

8.17.2 Financial Analysis

8.17.3 Strategic Positioning

8.17.4 Info Graphic Analysis

8.18 SAP SE

8.18.1 Company Overview

8.18.2 Financial Analysis

8.18.3 Strategic Positioning

8.18.4 Info Graphic Analysis

8.19 ShipStation

8.19.1 Company Overview

8.19.2 Financial Analysis

8.19.3 Strategic Positioning

8.19.4 Info Graphic Analysis

8.20 XPS Parcel

8.20.1 Company Overview

8.20.2 Financial Analysis

8.20.3 Strategic Positioning

8.20.4 Info Graphic Analysis

8.21 Other Companies

8.21.1 Company Overview

8.21.2 Financial Analysis

8.21.3 Strategic Positioning

8.21.4 Info Graphic Analysis

The Global Shipping Software Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Shipping Software Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.