What is Waterway Transportation Software and ServicesMarket?
Water transportation is the intentional movement of water over large distances for specific and pre-decided purpose. Type of water transportation is fall into three category such as Aqueduct, container shipment and towing. Waterway transportation software market is very huge both in terms of market value & freight transported in volumes due to increasing demand from the developing economies & introduction of containerization. Water transportation Software is adopted by shipping companies to boost their business efficacy coupled with freight security. Frequently, the shipping companies have adopted various technological advancements, which has increased the data volume generated by such companies. Technological advancements are adopted by the shipping companies are social media, data building & cloud. The waterway transportation software and services play an important role in lowering the operation cost & leveraging the business performance. Rising popularity of containerization & emergence of new ports has influenced the growth of the market to a superior extent. Arrival of containerization has brought about a dramatic shift in this industry.
Market Trend
Technological advancement in water transportation facilities and Arrival of Free Trade Agreements
Market Drivers
Advent of Containerization and Continuously developing of New Ports for water transport in Developing Countries
Opportunities
Emerging markets in Brics and African Countries, Advent of New Sea Routes and Growing attractive market for Maritime Surveillance Systems
The Manufacturers Covered in the Study are:
Accenture (Ireland), Bass Software (Cyprus), Veson Nautical Corporation (United States), Aljex Software (United States), Descartes Systems Group (Canada), SAP SE(Germany), GNV GL (Norway), Highjump Software (United States), Trans-I Technologies (United States) and Cognizant (United States)
Available Customization:
List of players that can be included in the study on immediate basis are American River Transportation Company (United States), Horizon Lines, Inc. (United States) and kirby corporation (United States).