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The global air freight software market is expected to grow at a CAGR of 8.00% in the forecast period of 2024-2032.
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Based on type, the increasing demand for cloud-based software is expected to aid the air freight software industry, as the software allows for the real-time tracking of shipments at anytime from anywhere. In this regard, cloud-based technology also offers cheaper and easier ways to include new and innovative features to the software. In addition, these technologies reduce the use of paper, thus saving costs and facilitate quick and easy filing of all necessary documents at one go, which helps save time. These factors are projected to provide impetus to the air freight software industry growth in the forecast period.
North America is estimated to account for a significant market share of the air freight software industry. This can be attributed to the increasing volume of cargo freight in the logistics sector in the region. In addition, the growing investments by the key market players in the development of improved air freight software are also predicted to contribute to the industry growth in the region.
Meanwhile, the Asia Pacific region is also expected to bolster the industry in the forecast period owing to the rising demand for air freight software from emerging nations such as India to oversee cargo routing and scheduling operations.
The air freight software is an advanced software that offers solutions for the proper management of freights and goods, while also helping to optimise and automate various operations related to cargo transportation. They facilitate efficient real-time tracking of cargo, custom documentation processing, and simultaneous booking of orders.
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Based on type, the market is classified into:
By solution, the market can be divided into:
By end-user, the market is segregated into:
The regional markets for air freight software can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The rising air freight traffic due to the increasing globalisation and the growing transportation of goods, including medicine and vaccine across the countries have been aiding the market growth. A need for proper management of goods and cargo to ensure the smooth flow of freight services is leading to the increased adoption of air freight software. Furthermore, the expanding e-commerce industry is leading to the increased demand for air freight transportation for the fast delivery of goods across borders. Moreover, the government initiatives to generate more revenue through air freights and the demand for paperless administration in order to improve sustainability are projected to increase the demand for air freight software in the upcoming years. Also, the technological advancements and the increased expenditure by the leading market players in the development of air freight software are anticipated to bolster the market growth in the forecast period.
The report gives a detailed analysis of the following key players in the global air freight software market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Solution |
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Breakup by End-User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global air freight software market is projected to grow at a CAGR of 8.00% between 2024 and 2032.
The major industry drivers are increased demand for air freight transportation, rapid technological advancements, expansion of the e-commerce industry, rapid digitalisation, and the growing investments by key industry players.
The key industry trends are increasing global freight traffic and the government initiatives to adopt paperless technologies across industries.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major types of air freight software include on-premise and cloud-based.
The significant market divisions, based on solution, include freight tracking and monitoring, cargo routing and scheduling, order management, transportation management systems (TMS), and electronic data exchange.
The different end-users of the product include third party logistics, forwarders, brokers, shippers, and others.
The major players in the industry are CHAMP Cargosystems S.A., Freightdata 2000 Ltd, Freightos Limited, Infor (US), Inc., Magaya Corporation., Riege Software International GmbH., and The Descartes Systems Group Inc, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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