Freight Transport Management Market
Segments - by Solutions (Warehouse Management System, Freight Security and Monitoring System, Freight 3PL Solutions, Freight Transportation Cost Management, Freight Mobility Solutions, and Other Solutions), Mode of Transports (Air Freight, Road Freight, Rail Freight, and Waterborne Freight), End-users (Oil and Gas, Energy and Power, Automotive, Consumer and Retail, Aerospace and Defense, Third Party Logistics and Other End-users), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The freight transport management market is anticipated to expand at a CAGR of 9.8% during the forecast period, 2021–2028. The growth of the market is attributed to need to control time-in-transit, advancement in freight security, safety and solutions of transportation, increase in global trade, growing urbanization, growth in communications technologies, and rising freight visibility solutions and technologies.
Freight transport is a process of transporting merchandise goods, cargo, and commodities through various modes of transport. Freight transport management means developing various strategies for increasing the efficiency of commercial and freight transport. Freight transportation helps shippers to reduce the cost and to use right mode of transportation. Efficient freight transportation is very important for the economic growth and development of any country.
Different strategies are needed for improving freight and commercial transport such as, fuel management, freight optimization, route planning, and order management. In recent years, the industry has been witnessing the arrival of machine-to-machine learning and analytics to operate these operations effectively. Freight transport helps the companies to deliver the goods quickly in less time and at a low cost.
Market Trends, Drivers, Restraints, and Opportunities
- Growing demand for high visibility and short transit time is projected to fuel the market during the forecast period.
- Rising advancements in big data, mobility services, and cloud computing are major factors driving the market in the coming years.
- Difficulty in shipping and delivering goods and problem in controlling cost act as a factors that can restrict the market growth.
- Risk related to cross border transportation and congestion in trade routes are estimated to impede the market expansion.
- Increasing demand of consumers for digitization create lucrative opportunities for the market players.
Scope of the Report
The report on the global freight transport management market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Freight Transport Management Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Solutions (Warehouse Management System, Freight Security and Monitoring System, Freight 3PL Solutions, Freight Transportation Cost Management, Freight Mobility Solutions, and Other Solutions), Mode of Transports (Air Freight, Road Freight, Rail Freight, and Waterborne Freight), End-users (Oil and Gas, Energy and Power, Automotive, Consumer and Retail, Aerospace and Defense, Third Party Logistics, and Other End-users) |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
HighJump Software Inc., Accenture Plc, CTSI-Global, Manhattan Associates, Inc., JDA Software Group, Inc., GEODIS, and Descartes System Group Inc. |
Market Segment Insights:
The freight security and monitoring system solution is projected to account for a large market share
Based on solutions, the freight transport management market is divided into warehouse management system, freight security and monitoring system, freight 3PL solutions, freight transportation cost management, freight mobility solutions, and other solutions. The freight transport and monitoring system is expected to account for a key share of the market in the coming years owing to high demand for track and trace, visibility, security, and monitoring applications.
The rail freight segment is projected to hold a key market share
On the basis of mode of transports, the freight transport management market is segmented into air freight, road freight, rail freight, and waterborne freight. The rail freight segment is expected to constitute a key share of the market during the forecast period due to the industries demand for the rail freight and information technology systems together. However, there is high demand for the rail freight transportation in the countries. International trades require high capacity, flexible, and safe transportation which requires the use of more than one mode of transportation.
The third party logistics segment is projected to constitute a major market share
Based on end-users, the freight transport management market is fragmented into oil and gas, energy and power, automotive, consumer and retail, aerospace and defense, third party logistics, and other end-users. The third party logistics segment is expected to account for a key share of the market during the forecast period due to the growth in the world trade volumes and increasing globalization. On the other hand, the consumer and retail segment is anticipated to expand at a rapid pace during the forecast period owing to carry business activities and easy operation in the business.
North America is anticipated to hold major market share
On the basis of regions, the freight transport management market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to expand at a rapid pace during the forecast period. The regional market growth can be attributed to increasing digitization and rising adoption of internet of things by various industries. Many firms are going online which is increasing the retail sector in the region. The US is projected to dominate the market owing to its well-established and sustainable economy and industrial sector. However, the market of Asia Pacific is expected to exhibit a rapid growth rate in the coming years due to its increasing population it is rising the demand for freight transport.
Segments
Segments Covered in the Report
The global freight transport management market has been segmented on the basis of
Solution
- Warehouse Management System
- Freight Security and Monitoring System
- Freight 3PL Solutions
- Freight Transportation Cost Management
- Freight Mobility Solutions
- Other Solutions
Mode of Transport
- Air Freight
- Road Freight
- Rail Freight
- Waterborne Freight
End-user
- Oil and Gas
- Energy and Power
- Automotive
- Consumer and Retail
- Aerospace and Defense
- Third Party Logistics
- Other End-users
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- HighJump Software Inc.
- Accenture Plc
- CTSI-Global
- Manhattan Associates, Inc.
- JDA Software Group, Inc.
- GEODIS
- Descartes System Group Inc.
Competitive Landscape
Key players competing in the freight transport management market include HighJump Software Inc., Accenture Plc, CTSI-Global, Manhattan Associates, Inc., JDA Software Group, Inc., GEODIS, and Descartes System Group Inc. Some of these players are adopting various business practices and several strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,
- In May 2020, SAP SE combined its InstaFreight’s service offerings with SAP Logistics Business Network for handling road shipment efficiently and faster.
- In February 2018, Descartes acquired Aljex, a cloud based logistic provider, to provide Ajiex’s back-office transportation management solutions.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Freight Transport Management Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Freight Transport Management Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Freight Transport Management Market - Supply Chain
4.5. Global Freight Transport Management Market Forecast
4.5.1. Freight Transport Management Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Freight Transport Management Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Freight Transport Management Market Absolute $ Opportunity
5. Global Freight Transport Management Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Freight Transport Management Market Size and Volume Forecast by End Users
5.3.1. Oil and Gas
5.3.2. Energy and Power
5.3.3. Automotive
5.3.4. Consumer and Retail
5.3.5. Aerospace and Defense
5.3.6. Third Party Logistics
5.3.7. Other End-users
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Freight Transport Management Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Freight Transport Management Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Freight Transport Management Demand Share Forecast, 2019-2026
7. North America Freight Transport Management Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Freight Transport Management Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Freight Transport Management Market Size and Volume Forecast by End Users
7.4.1. Oil and Gas
7.4.2. Energy and Power
7.4.3. Automotive
7.4.4. Consumer and Retail
7.4.5. Aerospace and Defense
7.4.6. Third Party Logistics
7.4.7. Other End-users
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Freight Transport Management Demand Share Forecast, 2019-2026
8. Latin America Freight Transport Management Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Freight Transport Management Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Freight Transport Management Market Size and Volume Forecast by End Users
8.4.1. Oil and Gas
8.4.2. Energy and Power
8.4.3. Automotive
8.4.4. Consumer and Retail
8.4.5. Aerospace and Defense
8.4.6. Third Party Logistics
8.4.7. Other End-users
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Freight Transport Management Demand Share Forecast, 2019-2026
9. Europe Freight Transport Management Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Freight Transport Management Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Freight Transport Management Market Size and Volume Forecast by End Users
9.4.1. Oil and Gas
9.4.2. Energy and Power
9.4.3. Automotive
9.4.4. Consumer and Retail
9.4.5. Aerospace and Defense
9.4.6. Third Party Logistics
9.4.7. Other End-users
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Freight Transport Management Demand Share Forecast, 2019-2026
10. Asia Pacific Freight Transport Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Freight Transport Management Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Freight Transport Management Market Size and Volume Forecast by End Users
10.4.1. Oil and Gas
10.4.2. Energy and Power
10.4.3. Automotive
10.4.4. Consumer and Retail
10.4.5. Aerospace and Defense
10.4.6. Third Party Logistics
10.4.7. Other End-users
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Freight Transport Management Demand Share Forecast, 2019-2026
11. Middle East & Africa Freight Transport Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Freight Transport Management Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Freight Transport Management Market Size and Volume Forecast by End Users
11.4.1. Oil and Gas
11.4.2. Energy and Power
11.4.3. Automotive
11.4.4. Consumer and Retail
11.4.5. Aerospace and Defense
11.4.6. Third Party Logistics
11.4.7. Other End-users
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Freight Transport Management Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Freight Transport Management Market: Market Share Analysis
12.2. Freight Transport Management Distributors and Customers
12.3. Freight Transport Management Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. HighJump Software Inc.
12.4.2. Accenture Plc
12.4.3. CTSI-Global
12.4.4. Manhattan Associates, Inc.
12.4.5. JDA Software Group, Inc.
12.4.6. GEODIS
12.4.7. Descartes System Group Inc.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Freight Transport Management Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Freight Transport Management Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Freight Transport Management Market - Supply Chain
4.5. Global Freight Transport Management Market Forecast
4.5.1. Freight Transport Management Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Freight Transport Management Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Freight Transport Management Market Absolute $ Opportunity
5. Global Freight Transport Management Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Freight Transport Management Market Size and Volume Forecast by End Users
5.3.1. Oil and Gas
5.3.2. Energy and Power
5.3.3. Automotive
5.3.4. Consumer and Retail
5.3.5. Aerospace and Defense
5.3.6. Third Party Logistics
5.3.7. Other End-users
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Freight Transport Management Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Freight Transport Management Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Freight Transport Management Demand Share Forecast, 2019-2026
7. North America Freight Transport Management Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Freight Transport Management Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Freight Transport Management Market Size and Volume Forecast by End Users
7.4.1. Oil and Gas
7.4.2. Energy and Power
7.4.3. Automotive
7.4.4. Consumer and Retail
7.4.5. Aerospace and Defense
7.4.6. Third Party Logistics
7.4.7. Other End-users
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Freight Transport Management Demand Share Forecast, 2019-2026
8. Latin America Freight Transport Management Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Freight Transport Management Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Freight Transport Management Market Size and Volume Forecast by End Users
8.4.1. Oil and Gas
8.4.2. Energy and Power
8.4.3. Automotive
8.4.4. Consumer and Retail
8.4.5. Aerospace and Defense
8.4.6. Third Party Logistics
8.4.7. Other End-users
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Freight Transport Management Demand Share Forecast, 2019-2026
9. Europe Freight Transport Management Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Freight Transport Management Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Freight Transport Management Market Size and Volume Forecast by End Users
9.4.1. Oil and Gas
9.4.2. Energy and Power
9.4.3. Automotive
9.4.4. Consumer and Retail
9.4.5. Aerospace and Defense
9.4.6. Third Party Logistics
9.4.7. Other End-users
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Freight Transport Management Demand Share Forecast, 2019-2026
10. Asia Pacific Freight Transport Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Freight Transport Management Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Freight Transport Management Market Size and Volume Forecast by End Users
10.4.1. Oil and Gas
10.4.2. Energy and Power
10.4.3. Automotive
10.4.4. Consumer and Retail
10.4.5. Aerospace and Defense
10.4.6. Third Party Logistics
10.4.7. Other End-users
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Freight Transport Management Demand Share Forecast, 2019-2026
11. Middle East & Africa Freight Transport Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Freight Transport Management Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Freight Transport Management Market Size and Volume Forecast by End Users
11.4.1. Oil and Gas
11.4.2. Energy and Power
11.4.3. Automotive
11.4.4. Consumer and Retail
11.4.5. Aerospace and Defense
11.4.6. Third Party Logistics
11.4.7. Other End-users
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Freight Transport Management Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Freight Transport Management Market: Market Share Analysis
12.2. Freight Transport Management Distributors and Customers
12.3. Freight Transport Management Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. HighJump Software Inc.
12.4.2. Accenture Plc
12.4.3. CTSI-Global
12.4.4. Manhattan Associates, Inc.
12.4.5. JDA Software Group, Inc.
12.4.6. GEODIS
12.4.7. Descartes System Group Inc.
Our Clients
Related Reports
Some other reports from this category!
