Air Freight Software Market Insight | Regional Assessment and Business Trend by 2025

Research Reports

Jan 22, 2021

Market Insight

The fast-paced growth in the global logistic chain is estimated to augment the air freight software market substantially. The chemicals and materials reports are made by Market Research Future, which includes market options for expansion. A CAGR of 8.2% is predicted to promote the development of the market in the impending period.

The incorporation of paperless software systems is projected to create a significant opportunity in the air freight software market through the forecast period. Also, the advancements in communication technologies are anticipated to bolster the air freight software market companies in the upcoming years.

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Competitive Analysis

The market is estimated to exhibit a resurgent phase of development in the impending period. The market is also foreseen to take significant strides to achieve major digital investments in areas such as AI engineering and distributed cloud. The unprecedented socioeconomic challenges are estimated to have a noticeable effect on the global market in the duration of the forecast period.

The renowned contenders in the Air Freight Software Market are FREIGHTOS (Hong Kong), Hard Core Technology Corp. (US), FREIGHTPOP (US), FREIGHTVIEW (US), Infor (India), FREIGHTDATA 2000 (UK), RIEGE Software International GmbH (Germany), SHIPROCKET (India), MAGAYA (US), and The Descartes Systems Group Inc. (US)

Segment Analysis

The segmental review of the Air Freight Software Market is carried out on the basis of type, end-user and region. On the basis of end-user, the air freight software market is segmented into shippers, third-party logistics, forwarders, and brokers. Based on the regions, the air freight software market is segmented into Europe, Asia Pacific, North America, and other principal regional markets. On the basis of type, the air freight software market is segmented into on premise and cloud based.

Regional Aspect

The regional scrutiny of the air freight software market includes regions such as Europe, Asia Pacific, North America and other principal regional markets. The North American air freight software market controlled the market in 2020 and is anticipated to keep on as the dominant regional market in the review period owing to the existence of numerous air freight software developers in the region and significant financing by those frontrunners in research and development. The European air freight software market is anticipated to be the second prime market throughout the review period. This position of the European region is due to the intensification in air transportation of goods in the nations of the UK, France, Italy, and Russia.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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