DUBLIN--(BUSINESS WIRE)--The "Delivery Management Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Deployment Type; Enterprise Size; End User" report has been added to ResearchAndMarkets.com's offering.
The delivery management software market was valued at US$ 1, 594.3 million in 2019 and is projected to reach US$ 4, 011.8 million by 2027; it is expected to grow at a CAGR of 12.7% from 2019 to 2027.
Delivery management software is used in numerous industries to track shipments and ensure smooth delivery of goods to customers. The adoption of innovative delivery management software enables companies to ensure better customer satisfaction, improved asset utilization, and reduced fuel usage. Due to the advent of digitalization across all the regions, companies are integrating advanced automated technologies in their systems to increase productivity and enhance business outcomes.
The integration of advanced technologies such as Big Data analytics and artificial intelligence (AI) provides real-time tracking of vehicles, reduces back-office administration efforts, and optimizes the utilization of vehicles, further offering precise delivery status. The growing investments in delivery management software and rising adoption of cloud technology are driving the global delivery management software market.
Impact of COVID-19 Pandemic on Delivery Management Software Market
The COVID-19 outbreak, which began in Wuhan (China) in December 2019, has rapidly spread across the globe. It has badly affected China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US in terms confirmed cases and reported deaths as of March 2020. The COVID-19 pandemic has affected economies and industries in various countries as it has resulted in lockdowns, travel bans, and business shutdowns. The overall market breakdown due to COVID-19 is also hampering the growth of the delivery management software market due to factory shutdowns, disrupted supply chain, and downturned global economy.
Overall size of the global delivery management software market has been derived in accordance to primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the delivery management software.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the delivery management software market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to enterprise size, deployment type, and end-user.
Market Dynamics
Drivers
- Growing Preference of E-Commerce Platforms
- Increasing Integration of Payment Gateway
Restraints
- Growing Security Concerns
Opportunities
- Big Data Analytics Technology to Improve Delivery Operations
Future Trends
- Machine Learning to Revolutionize Delivery Management Business
Companies Mentioned
- Deliforce Technologies Private Limited
- GetSwift Limited
- JungleWorks
- Loginext Solutions Pvt. Ltd
- Mobisoft Infotech LLC
- Shipox Inc.
- FarEye (RoboticWares Private Limited)
- WorkWave LLC
- Bringg
- Zippykind (Snappylead LLC)
For more information about this report visit https://www.researchandmarkets.com/r/e4cmrz
