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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.
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 -
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.
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.
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.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Economic overview
PART 06: Market landscape
PART 07: Market segmentation by deployment model
PART 08: Geographical segmentation
PART 09: Buying criteria
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendors profiles
PART 15: Appendix
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