Global Courier Management Software Market 2017-2021

This industry research report identifies Datatrac, Innovative Informatics, Key Software Systems, MetaFour, and Softec as the key vendors in the global courier management software market. A comprehensive analysis of the courier management software market growth is also presented by deployment model (on-premises courier management software and cloud-based courier management software) and by geography (the Americas, APAC, and EMEA).

Global courier management software market overview 

The courier management software market analysis reprort identifies that the growth in international trade will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that the courier management software market share will grow at a CAGR of nearly 11% by 2021. An increase in the exchange of business letters and documents has led to the need for courier management software. The global courier market has a number of vendors who offer express professional courier software to corporate clients. Moreover, the increasing international trade compels the vendors to expand their geographical presence to cater to the customer requirements. In addition, the rise in trade has encouraged the emergence of new vendors that provide fast and reliable courier management software to clients at premium prices.

The rising introduction of courier management mobile applications is one of the latest courier management software market trends that will contribute to the growth of this industry in the coming years. Courier companies are increasingly focusing on implementing courier management mobile apps due to their flexibility to access the supplier and customer information on a real-time basis. These apps assist courier companies to lower redundant data entry on delivery receipts, physical inventory checks, and retail evaluations. Additionally, the adoption of courier management mobile apps also helps transportation and logistics providers reduce errors, increase the number of deliveries, and raise revenues.

Competitive landscape and key vendors  

The courier management software market is witnessing intense competition due to the presence of many vendors. The leading vendors are identified based on their high market visibility, market penetration, and strong market momentum. The vendors offer both on-premises and cloud-based courier management software and are selected based on their product offerings such as stand-alone courier management software and integrated courier management solutions. The competition among the vendors will increase during the forecast period due to the rise in product and service extensions and technological innovations.This report provides a detailed analysis on the latest courier management software market strategies that are helping companies to improve their market revenues.

The leading vendors in the market are -

• Datatrac
• Innovative Informatics
• Key Software Systems
• MetaFour
• Softec

The other prominent vendors in the market are ASK Technology, Boolean IT Solutions, Coda Commerce, Codeless Group, Connexion Technology, Courier Softwares, Courierscripts, DA Systems, DNG Web Tech, Febno Technologies, Freightistics, Line Focus, Logisuite, Logixgrid Technologies, OnTime 360, Perceptive Consulting Solutions, Qualikom Canada, Sagar Informatics, Softcron Technology, Sizil Softec, TSS Smart, Vnet Communication, Versatile Technolabs, and Zedex Software.

Segmentation by deployment model and analysis of the courier management software market

• On-premises courier management software
• Cloud-based courier management software

During 2016, the on-premises courier management software segment accounted for the major shares of this market. Benefits such as complete control over the critical data and also over the purchase and installation of the software in the server will contribute to the rise in preference of customers towards deploying this software on-premises.

Geographical segmentation and analysis of the courier management software market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the courier management software market throughout the forecast period. The region’s market lead will mainly attribute to the availability of adequate IT infrastructure and the high penetration of logistics and cargo enterprises in the US and Canada. Additionally, the increased adoption of cloud-based courier management software in SMEs and large enterprqs will also contribute to the market’s growth in this region.

Key questions answered in the report include

• What will the courier management software market demand, market size and the growth rate be in 2021?
• What are the key factors driving the global courier management software market?
• What are the key market trends impacting the growth of the global courier management software market?
• What are the challenges to market growth?
• Who are the key vendors in the global courier management software market?
• What are the market opportunities and threats faced by the vendors in the global courier management software market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global courier management software market?

Technavio also offers customization on reports based on specific client requirement.