Industry Background:
Multicarrier parcel management solution software is designed to help companies to select the appropriate parcel carrier from among all contracted carriers based on delivery rules order characteristics, and performance while considering the cost differences of many carriers. The use of this software offers several benefits which include, reduce freight costs, increase throughput, and enhance visibility, and so on. The increasing use of technologies is booming the demand for it in the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Logistyx (Netherland), V-Technologies (United States), Pacejet Logistics, Inc. (United States), Metapack (, United Kingdom), Efi (United States), Logicor ( United States), Connectship (United States) and Shipcaddie (United States) |
According to AMA, the market for Multicarrier Parcel Management Solutions Software is expected to register a CAGR of 10.3% during the forecast period to 2030. This growth is primarily driven by Growing Adoption of Technologies Related Things Is Driving the Demand for It in the Market.
Globally, a noticeable market trend is evident The evolution in Deployment of Internet of Things (IoT) and Big Data Technology to Get Real-Time Information of Logistics Major Players, such as Logistyx (Netherland), V-Technologies (United States), Pacejet Logistics, Inc. (United States), Metapack (, United Kingdom), Efi (United States), Logicor ( United States), Connectship (United States) and Shipcaddie (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. 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
Key Developments in the Market:
In March 2022, E2open Parent Holdings, Inc. , a leading network-based provider of a cloud-based, mission-critical, end-to-end supply chain management platform, has acquired Logistics Technologies, a leader in global parcel and e-commerce shipping and fulfillment technology.
In January 2023, Centiro, a prominent supplier of multicarrier parcel management solutions software, revealed that it had secured USD100 million in Series C investment.
Influencing Trend:
The evolution in Deployment of Internet of Things (IoT) and Big Data Technology to Get Real-Time Information of Logistics
Market Growth Drivers:
Growing Adoption of Technologies Related Things Is Driving the Demand for It in the Market
Challenges:
Lack of Awareness Regarding Multicarrier Parcel Shipping Software
Restraints:
High Data Security Distresses
Opportunities:
Growing Adoption of Cloud Technology and Increasing Demand for Software as a Service
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Multicarrier Parcel Management Solutions Software Market
- Analysis about New Entrants in Multicarrier Parcel Management Solutions Software Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Multicarrier Parcel Management Solutions Software Study Sheds Light on
The Multicarrier Parcel Management Solutions Software Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Multicarrier Parcel Management Solutions Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Multicarrier Parcel Management Solutions Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.