Freight Management System Market by Solution (Freight Tracking & Monitoring, Cargo Routing & Scheduling, Security, EDI, TMS, Order Management), End-user (3PLs, Forwarders, Brokers, Shippers), Transportation Mode, and Region - Global Forecast to 2023 - Product Image

Freight Management System Market by Solution (Freight Tracking & Monitoring, Cargo Routing & Scheduling, Security, EDI, TMS, Order Management), End-user (3PLs, Forwarders, Brokers, Shippers), Transportation Mode, and Region - Global Forecast to 2023

  • ID: 4542465
  • Report
  • Region: Global
  • 183 Pages
  • Markets and Markets
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FEATURED COMPANIES

  • 3gtms
  • Ceva Logistics
  • Freight Management (FMI)
  • Kuebix
  • Manhattan Associates
  • Retrans
  • MORE

The freight management system market is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period

The freight management system market size is expected to grow from USD 10.76 billion in 2018 to USD 17.45 billion by 2023, at a CAGR of 10.1% during the forecast period. This growth is expected to be fuelled by the business values, such as the need to reduce the transit time, desire for supply chain visibility, higher customer satisfaction, and the low cost of logistics, coupled with the advancements in freight security, safety, and transportation solutions; and rapid growth in communication technologies and IoT. However, congested trade routes, and cross-border trade risks and environment concerns related to transportation and logistics may restrain the market growth.

Among end-users, the shippers segment is expected to witness the fastest growth rate during the forecast period

The shippers segment is expected to grow at the highest CAGR during the forecast period. Shippers have realized that immediate responses, quick business decisions, and customer satisfaction are the most important features to expand their businesses, increase revenues, and ensure desired outcomes. The advancements in freight management solutions and technologies, along with the increasing cost of logistics and unpredictable demand and supply cycles have increased the priorities for logistics in the business strategies of shippers. Many shippers have responded by acquiring or investing in logistics businesses and taking control of their supply chains. These practices would also help them grow their businesses efficiently and quickly.

The air freight transportation mode is expected to have the fastest growth rate during the forecast period

The air freight transportation mode is expected to witness the fastest growth rate during the forecast period. Air transportation is the most cost-intensive transportation mode, with low adoption among logistics providers. The demand for freight management system solutions are higher among air freight enterprises, as these solutions offer security and enable the tracking of precious goods. Moreover, many freight management system solution providers offer tailor-made air freight solutions to these enterprises.

Asia Pacific (APAC) is expected to grow at the fastest rate during the forecast period

As per the geographic analysis, the APAC region is expected to witness the fastest growth rate in the freight management system market, due to the region’s nature of rapidly adopting new technologies, making higher investments in digital transformation, and its growing share of freight volumes transported globally. Organizations in the APAC region are adopting the freight management system, due to the high share of global trade volumes that it possesses, with the freight management system solutions enabling businesses to reduce costs, save time, increase control, and incorporate flexibility in supply chains. The international competition among enterprises to reduce prices has driven new entrants into the APAC market and disrupted business models of organizations. The large shippers and logistics service providers in APAC are acknowledging the importance of freight management solutions and technologies, as they focus on the deployment of tools to facilitate the faster delivery of freight and efficiently cater to their customers’ frequent requirements.

The break-up of the profiles of the primary participants has been given below:

  • By Company Type: Tier 1: (30%), Tier 2: (40%), and Tier 3: (30%)
  • By Designation: C-Level: (40%), Director Level: (25%), and Manager Level: (35%)
  • By Region: North America: (35%), APAC: (30%), Europe: (25%), and RoW: (10%)

The key freight management system market vendors profiled in the report are as follows:

  • Descartes (Canada)
  • Oracle (US)
  • Werner Enterprises (US)
  • MercuryGate (US)
  • SAP (Germany)
  • Accenture (Republic of Ireland)
  • JDA Software (US)
  • Ceva Logistics (Spain)
  • UPS (US)
  • DB Schenker (Germany)
  • C.H. Robinson TMC (US)
  • Riege Software (Germany)
  • Retrans (US)
  • BluJay Solutions (UK)
  • McLeod Software (US)
  • FreightView (US)
  • Freight Management (US)
  • Linbis (US)
  • Logisuite (US)
  • DreamOrbit (India)
  • Manhattan Associates (US)
  • Magaya Corporation (US)
  • Kuebix (US)
  • ImageSoft (Australia)
  • 3GTMS (US)

Research Coverage

The global freight management system market has been segmented by component (solutions and services), transportation mode, end-user, and region. The detailed analysis of the regions has been done to provide insights into the potential business opportunities across different regions. In addition to this, product portfolio, recent developments, and the strategic analysis of vendors are some of the other MarketsandMarkets’ analysis included in the report.

The report would help the market leaders/new entrants in the freight management system market in the following ways:

  • The report segments the freight management system market comprehensively to provide the closest approximations of the revenue numbers for the overall market and its subsegments across different regions.
  • The report helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
  • The report helps stakeholders understand their competitors and gain more insights to enhance their positions in the market.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • 3gtms
  • Ceva Logistics
  • Freight Management (FMI)
  • Kuebix
  • Manhattan Associates
  • Retrans
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Freight Management System Market Size, 2018 vs 2023
4.2 Market, By Transportation Mode, 2018 vs 2023
4.3 Market, By Component, 2018 vs 2023
4.4 Market, By Solution, 2018 vs 2023
4.5 Market, By Solution Type, 2018 vs 2023
4.6 Market, Market Share Across Various Regions
4.7 Market Investment Scenario

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rapidly Increasing Global Trade and the Need to Control the Time-In-Transit
5.2.1.2 Increased Supply Chain Visibility
5.2.1.3 Emergence of Advanced Solutions in Cargo Security, Safety, and Transportation
5.2.1.4 Rapidly Growing Communication Technologies and IoT
5.2.2 Restraints
5.2.2.1 Congested Trade Routes
5.2.2.2 Cross-Border Trade Risks
5.2.2.3 Environmental Concerns
5.2.3 Opportunities
5.2.3.1 Green Freight
5.2.3.2 Autonomous Trucking and Smart Freight Transport
5.2.3.3 Blockchain in Freight Management
5.2.3.4 Cloud and Big Data Analytics
5.2.4 Challenges
5.2.4.1 Operational Evolution of Small Players
5.2.4.2 Cost Sensitivity
5.3 Freight Life Cycle
5.4 Freight Value Chain

6 Freight Management System Market, By Component
6.1 Introduction

7 Market By Solution
7.1 Introduction
7.2 Planning
7.2.1 Supplier and Vendor Management
7.2.2 Freight Order Management
7.2.3 Revenue Management
7.2.4 Dispatch Management
7.2.5 Claims Management
7.3 Execution and Operations
7.3.1 Electronic Data Interchange
7.3.2 Load Optimization
7.3.3 Brokerage Operational Management
7.3.4 Freight Visibility
7.3.5 Freight Audit and Payment
7.3.6 Transportation Management System
7.4 Control and Monitoring
7.4.1 Freight Tracking and Monitoring Solution
7.4.2 Cargo Routing and Scheduling Solution
7.4.3 Cargo Security

8 Freight Management System Market, By Service
8.1 Introduction
8.2 Consulting
8.3 System Integration and Deployment
8.4 Support and Maintenance

9 Market By End-User
9.1 Introduction
9.2 Third-Party Logistics
9.3 Forwarders
9.4 Brokers
9.5 Shippers
9.6 Carriers

10 Market By Transportation Mode
10.1 Introduction
10.2 Rail Freight
10.3 Road Freight
10.4 Ocean Freight
10.5 Air Freight

11 Freight Management System Market, By Region
11.1 Introduction
11.2 North America
11.2.1 United States
11.2.2 Canada
11.3 Europe
11.3.1 Germany
11.3.2 United Kingdom
11.3.3 France
11.3.4 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 Australia and New Zealand
11.4.4 Singapore
11.4.5 Rest of Asia Pacific
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Qatar
11.5.4 South Africa
11.5.5 Rest of Middle East and Africa
11.6 Latin America
11.6.1 Brazil
11.6.2 Mexico
11.6.3 Rest of Latin America

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis
12.3 Competitive Scenario
12.3.1 Partnerships/Collaborations
12.3.2 New Product Launches
12.3.3 Business Expansions
12.3.4 Mergers and Acquisitions

13 Company Profiles
13.1 Descartes
13.2 Oracle
13.3 Werner Enterprises
13.4 Mercurygate
13.5 SAP
13.6 Accenture
13.7 Jda Software
13.8 Ceva Logistics
13.9 UPS
13.10 Db Schenker
13.11 C.H. Robinson (TMC)
13.12 Riege Software
13.13 Retrans
13.14 Blujay Solutions
13.15 Mcleod Software
13.16 Freightview
13.17 Freight Management (FMI)
13.18 Linbis
13.19 Logisuite
13.20 Dreamorbit
13.21 Key Innovators
13.21.1 Manhattan Associates
13.21.2 Magaya Corporation
13.21.3 Kuebix
13.21.4 Imagesoft
13.21.5 3gtms

14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store
14.3 Introducing RT: Real-Time Market Intelligence
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details

List of Tables:
Table 1 Freight Management System Market Size, By Component, 2016–2023 (USD Million)
Table 2 Solutions: Market Size By Stage, 2016–2023 (USD Million)
Table 3 Solutions: Market Size By Region, 2016–2023 (USD Million)
Table 4 Planning: Market Size By Solution Type, 2016–2023 (USD Million)
Table 5 Planning: Market Size By Region, 2016–2023 (USD Million)
Table 6 Supplier and Vendor Management Market Size, By Region, 2016–2023 (USD Million)
Table 7 Freight Order Management Market Size, By Region, 2016–2023 (USD Million)
Table 8 Revenue Management Market Size, By Region, 2016–2023 (USD Million)
Table 9 Dispatch Management Market Size, By Region, 2016–2023 (USD Million)
Table 10 Claims Management Market Size, By Region, 2016–2023 (USD Million)
Table 11 Execution and Operations: Market Size By Solution Type, 2016–2023 (USD Million)
Table 12 Execution and Operations: Market Size By Region, 2016–2023 (USD Million)
Table 13 Electronic Data Interchange Market Size, By Region, 2016–2023 (USD Million)
Table 14 Load Optimization Market Size, By Region, 2016–2023 (USD Million)
Table 15 Brokerage Operational Management Market Size, By Region, 2016–2023 (USD Million)
Table 16 Freight Visibility Market Size, By Region, 2016–2023 (USD Million)
Table 17 Freight Audit and Payment Market Size, By Region, 2016–2023 (USD Million)
Table 18 Transportation Management System Market Size, By Region, 2016–2023 (USD Million)
Table 19 Control and Monitoring: Freight Management System Market Size, By Component, 2016–2023 (USD Million)
Table 20 Software: Control and Monitoring Market Size, By Type, 2016–2023 (USD Million)
Table 21 Hardware: Control and Monitoring Market Size, By Type, 2016–2023 (USD Million)
Table 22 Control and Monitoring: Market Size By Region, 2016–2023 (USD Million)
Table 23 Freight Tracking and Monitoring Solution Market Size, By Region, 2016–2023 (USD Million)
Table 24 Cargo Routing and Scheduling Solution Market Size, By Region, 2016–2023 (USD Million)
Table 25 Cargo Security Market Size, By Region, 2016–2023 (USD Million)
Table 26 Freight Management System Market Size, By Service, 2016–2023 (USD Million)
Table 27 Services: Freight Management Systems Market Size, By Region, 2016—2023 (USD Million)
Table 28 Consulting: Market Size By Region, 2016–2023 (USD Million)
Table 29 System Integration and Deployment: Market Size By Region, 2016–2023 (USD Million)
Table 30 Support and Maintenance: Market Size By Region, 2016–2023 (USD Million)
Table 31 Freight Management System Market Size, By End-User, 2016–2023 (USD Million)
Table 32 End-User: Freight Management Systems Market Size, By Region, 2016—2023 (USD Million)
Table 33 Third-Party Logistics: Market Size By Region, 2016–2023 (USD Million)
Table 34 Forwarders: Market Size By Region, 2016–2023 (USD Million)
Table 35 Brokers: Market Size By Region, 2016–2023 (USD Million)
Table 36 Shippers: Market Size By Region, 2016–2023 (USD Million)
Table 37 Carriers: Market Size By Region, 2016–2023 (USD Million)
Table 38 Freight Management System Market Size, By Transportation Mode, 2016–2023 (USD Million)
Table 39 Rail Freight: Market Size By Region, 2016–2023 (USD Million)
Table 40 Road Freight: Market Size By Region, 2016–2023 (USD Million)
Table 41 Ocean Freight: Market Size By Region, 2016–2023 (USD Million)
Table 42 Air Freight: Market Size By Region, 2016–2023 (USD Million)
Table 43 North America: Market Size By Component, 2016–2023 (USD Million)
Table 44 North America: Freight Management System Solution Market Size, By Stage, 2016–2023 (USD Million)
Table 45 North America: Planning Market Size, By Solution Type, 2016–2023 (USD Million)
Table 46 North America: Execution and Operations Market Size, By Solution Type, 2016–2023 (USD Million)
Table 47 North America: Control and Monitoring Market Size, By Component, 2016–2023 (USD Million)
Table 48 North America: Control and Monitoring Software Market Size, By Type, 2016–2023 (USD Million)
Table 49 North America: Control and Monitoring Hardware Market Size, By Type, 2016–2023 (USD Million)
Table 50 North America: Market Size By Service, 2016–2023 (USD Million)
Table 51 North America: Market Size By Transportation Mode, 2016–2023 (USD Million)
Table 52 North America: Market Size By End-User, 2016–2023 (USD Million)
Table 53 Europe: Freight Management System Market Size, By Component, 2018–2023 (USD Million)
Table 54 Europe: Freight Management System Solution Market Size, By Stage, 2018–2023 (USD Million)
Table 55 Europe: Planning Market Size, By Solution Type, 2018–2023 (USD Million)
Table 56 Europe: Execution and Operations Market Size, By Solution Type, 2016–2023 (USD Million)
Table 57 Europe: Control and Monitoring Market Size, By Component, 2016–2023 (USD Million)
Table 58 Europe: Control and Monitoring Software Market Size, By Type, 2016–2023 (USD Million)
Table 59 Europe: Control and Monitoring Hardware Market Size, By Type, 2016–2023 (USD Million)
Table 60 Europe: Market Size By Service, 2016–2023 (USD Million)
Table 61 Europe: Market Size By Transportation Mode, 2016–2023 (USD Million)
Table 62 Europe: Market Size By End-User, 2016–2023 (USD Million)
Table 63 Asia Pacific: Freight Management System Market Size, By Component, 2016–2023 (USD Million)
Table 64 Asia Pacific: Freight Management System Solution Market Size, By Stage, 2016–2023 (USD Million)
Table 65 Asia Pacific: Planning Market Size, By Solution Type, 2016–2023 (USD Million)
Table 66 Asia Pacific: Execution and Operations Market Size, By Solution Type, 2016–2023 (USD Million)
Table 67 Asia Pacific: Control and Monitoring Market Size, By Component, 2016–2023 (USD Million)
Table 68 Asia Pacific: Control and Monitoring Software Market Size, By Type, 2016–2023 (USD Million)
Table 69 Asia Pacific: Control and Monitoring Hardware Market Size, By Type, 2016–2023 (USD Million)
Table 70 Asia Pacific: Market Size By Service, 2016–2023 (USD Million)
Table 71 Asia Pacific: Market Size By Transportation Mode, 2016–2023 (USD Million)
Table 72 Asia Pacific: Market Size By End-User, 2016–2023 (USD Million)
Table 73 Middle East and Africa: Freight Management System Market Size, By Component, 2016–2023 (USD Million)
Table 74 Middle East and Africa: Freight Management System Solution Market Size, By Stage, 2016–2023 (USD Million)
Table 75 Middle East and Africa: Planning Market Size, By Solution Type, 2016–2023 (USD Million)
Table 76 Middle East and Africa: Execution and Operations Market Size, By Solution Type, 2016–2023 (USD Million)
Table 77 Middle East and Africa: Control and Monitoring Market Size, By Component, 2016–2023 (USD Million)
Table 78 Middle East and Africa: Control and Monitoring Software Market Size, By Type, 2016–2023 (USD Million)
Table 79 Middle East and Africa: Control and Monitoring Hardware Market Size, By Type, 2016–2023 (USD Million)
Table 80 Middle East and Africa: Market Size By Service, 2016–2023 (USD Million)
Table 81 Middle East and Africa: Market Size By Transportation Mode, 2016–2023 (USD Million)
Table 82 Middle East and Africa: Market Size By End-User, 2016–2023 (USD Million)
Table 83 Latin America: Freight Management System Market Size, By Component, 2016–2023 (USD Million)
Table 84 Latin America: Freight Management System Solution Market Size, By Stage, 2016–2023 (USD Million)
Table 85 Latin America: Planning Market Size, By Solution Type, 2016–2023 (USD Million)
Table 86 Latin America: Execution and Operations Market Size, By Solution Type, 2016–2023 (USD Million)
Table 87 Latin America: Control and Monitoring Market Size, By Component, 2016–2023 (USD Million)
Table 88 Latin America: Control and Monitoring Software Market Size, By Type, 2016–2023 (USD Million)
Table 89 Latin America: Control and Monitoring Hardware Market Size, By Type, 2016–2023 (USD Million)
Table 90 Latin America: Market Size By Service, 2016–2023 (USD Million)
Table 91 Latin America: Market Size By Transportation Mode, 2016–2023 (USD Million)
Table 92 Latin America: Market Size By End-User, 2016–2023 (USD Million)
Table 93 Market Ranking, 2018
Table 94 Partnerships/Collaborations, 2017–2018
Table 95 New Product Launches, 2015–2017
Table 96 Business Expansions, 2016–2018
Table 97 Mergers and Acquisitions, 2017–2018

List of Figures:
Figure 1 Freight Management System Market Segmentation
Figure 2 Market Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Freight Management System Market: Assumptions
Figure 8 Regional Freight Volumes, Average Volume By Transportation Mode and CAGR, 2018–2023
Figure 9 Market Size 2016–2023
Figure 10 Market Analysis
Figure 11 Fastest-Growing Segments in the Market, 2018–2023
Figure 12 The Freight Management System Market is Expected to Exhibit A Slow Growth During the Forecast Period
Figure 13 Road Freight is Expected to Hold the Largest Market Share During the Forecast Period
Figure 14 Solutions Segment is Expected to Hold the Larger Market Share During the Forecast Period
Figure 15 Execution and Operations Stage is Expected to Hold the Largest Market Share During the Forecast Period
Figure 16 Transportation Management System Segment is Expected to Hold the Largest Market Share During the Forecast Period
Figure 17 North America is Estimated to Hold the Largest Market Share in 2018
Figure 18 Market Investment Scenario
Figure 19 Market Drivers, Restraints, Opportunities, and Challenges
Figure 20 Market Freight Life Cycle
Figure 21 Market Value Chain Analysis
Figure 22 Solutions Segment is Expected to Have the Larger Market Size During the Forecast Period
Figure 23 Execution and Operations Stage is Expected to Have the Largest Market Size During the Forecast Period
Figure 24 System Integration and Deployment Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 25 Third-Party Logistics Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 26 Road Freight Transportation Mode is Expected to Have the Largest Market Size During the Forecast Period
Figure 27 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 28 North America: Market Snapshot
Figure 29 Asia Pacific: Market Snapshot
Figure 30 Key Developments By the Leading Players in the Freight Management System Market During 2015–2018
Figure 31 Market Evaluation Framework
Figure 32 Descartes: Company Snapshot
Figure 33 Oracle: Company Snapshot
Figure 34 Werner Enterprises: Company Snapshot
Figure 35 SAP: Company Snapshot
Figure 36 Accenture: Company Snapshot
Figure 37 Ceva Logistics: Company Snapshot
Figure 38 UPS: Company Snapshot
Figure 39 DB Schenker: Company Snapshot
Figure 40 C.H. Robinson (TMC): Company Snapshot
Figure 41 Dreamorbit: Company Snapshot
Figure 42 Manhattan Associates: Company Snapshot

Note: Product cover images may vary from those shown
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  • Descartes
  • Oracle
  • Werner Enterprises
  • Mercurygate
  • SAP
  • Accenture
  • Jda Software
  • Ceva Logistics
  • UPS
  • Db Schenker
  • C.H. Robinson (TMC)
  • Riege Software
  • Retrans
  • Blujay Solutions
  • Mcleod Software
  • Freightview
  • Freight Management (FMI)
  • Linbis
  • Logisuite
  • Dreamorbit
  • Manhattan Associates
  • Magaya Corporation
  • Kuebix
  • Imagesoft
  • 3gtms
Note: Product cover images may vary from those shown
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