Cloud Logistics Software Market Scope
Cloud Logistics is a cloud-based transportation management solution that helps to manage their day-to-day operations and routines. It is a mobile solution designed for drivers which helps them gain visibility about new loads, accept them, receive delivery instructions, and capture proof of delivery signatures. It gives process templates for claims, charge-backs, inventory, orders, and shipments that help users create a customizable collaboration platform. Additionally, Cloud Logistics provides a real-time activity stream, vendor and client portals, and an EDI broker. Support is offered via phone and email.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cloud Logistics Software market throughout the predicted period.
Softlink Global (United States), Schaefer Systems International Pvt Ltd (India), Oracle Corporation (United States), Blue Yonder (United States), TRANSPOREON GmbH (Germany), Royal 4 Systems (United States), 3PL Central LLC (United States), Abivin (Singapore), Eyefreight (Netherlands), Soloplan GmbH (Germany), Ramco Systems Limited (India) and HoustonTech (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are JAIX Software (Australia) and TMW Systems (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Cloud Logistics Software market , by Application (Large Enterprises, Mid Size Business, Small Business and Other Applications) and Region with country level break-up.
On the basis of geography, the market of Cloud Logistics 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).
Market Leaders and their expansionary development strategies
On 1st April 2020, Houston tech company ChaiOne launched a digital logistics platform to help coronavirus supply chain disruptions. The soft launch of Velostics, the "slack" for logistics that solve wait times and cash flow challenges in the supply chain and logistics industry. The digital logistics platform is set to aid the struggling supply chain as surging demands stretch suppliers, offering their platform free for 60 days.
In Aug 2020, Echo Global Logistics, Inc.has partnered with Blue Yonder to further automate rapid response price quoting and freight capacity for shippers using the Blue Yonder dynamic price discovery solution.
Market Trend
- Introduction of Artificial Intelligence in the Supply Chain and Logistics Software
- Growing Use of Software as a Service Model in Cloud Supply Chain Management
Market Drivers
- Increasing Complexity of Operations in the Logistics Industry
- Demand for Better Collaboration and Information Flow in the Companies for Enhanced Service
Opportunities
- Increasing Industrialization and Digitization in Emerging Economies
- Growing Demand from Small and Medium Enterprises
Restraints
- Security and Safety Concerns May Hamper the Market
Challenges
- Lack of Skilled Expertise and Systematic Upgradation of Services
- Complexity Involved in Implementation of Cloud Supply Chain Management Service At Large Scale
Key Target Audience
Cloud Logistics Software Developers, Cloud Logistics Software Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others