About Logbook Software
Rising Demand of logbook software in the logistics industry will help to boost global logbook software market in the forecasted period. Logbook software gives drivers and fleet manager’s electronic driver logs, GPS tracking, route planning, and compliance monitoring tools. It helps in noticing any unusual halt or deviation from the specified route for the carrier. Logbook software helps drivers to help them drive better.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global logbook software market is one of the highly competitive markets with respect to open source application developments. In addition to this, logbook software development required minimal initial investments leading to an increased threat of new entrants. Thus, global leaders from the market are opting product and service differentiation to gain a competitive edge over the forecasted period. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Logbook Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Free Logbook (Czech Republic), Synectic Accountants (Australia), Driver's EZLOG (United States), Eclipse Technical, Inc. (United States), eLogger Inc. (United States), Omnitracs XRS (United States), TruckLogger (United States), Continental Automotive Systems US, Inc. (United States), Eschbach (Germany) and KeepTruckin, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Continental Automotive System (Germany) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Logbook Software market by Type (Cloud, SaaS, Web, Mobile - Android Native and Mobile - iOS Native), Application (Asset Tracking, Audit Trials, Data Search, Employee Time Clock, User Access Permissions and Violation Tracking) and Region.
On the basis of geography, the market of Logbook 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). If we see Market by End Use Industry, the sub-segment i.e. Small Business will boost the Logbook Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing, the sub-segment i.e. Free Trial will boost the Logbook Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Electronic Logbook Software enabling Users to Track Carriers and Introduction to IoT Enabled Applications
Market Growth Drivers:
Increasing Applications of Logbook Software in Logistics Applications and Uses of Logbook Software will Improve the Driver Safety
Challenges:
Skilled Workforce is Required for Developing Logbook Software
Restraints:
Continuously Changing Consumer Preferences might Maximize the Operational Cost and System Integration Complexities may Stagnate the Demand for Logbook Software
Opportunities:
Increasing Adoption of Logbook Software from Healthcare Industry and Escalating Applications of Artificially Intelligent Applications
Market Leaders and their expansionary development strategies
In March 2022, NAVTOR, an Accel-KKR portfolio company and a global provider of e-Navigation systems for the marine industry, announced that it has acquired Ingenium Marine, an innovative software company with a suite of data-driven marine logging and compliance solutions. The addition of Ingenium Marine’s digital logging enables NAVTOR to lead digital transformation of log-keeping for the commercial marine industry.
In June 2023, Safran Helicopter Engines has launched a new digital service called the Logbook Connect to reduce the administrative burden for customers when they receive a replacement engine, module, or accessory. The service was in collaborated with Lundin Software and allows customers to directly import airworthiness data into their maintenance management software, eliminating the need for manual data entry.
Key Target Audience
Logbook Software Providers, Logistics Industry Associations, Government Agencies, Industry Regulators, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.