Waterway Transportation Software Solutions Market by Deployments (On-premise, Cloud, and Hybrid), Solutions (Warehousing, Vessel Tracking, Freight Security, Yard Management, Ship Broker Software, Maritime Software, and Others), Applications (Retail, Oil & Gas, Manufacturing, and Industrial) and Regions (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global waterway transportation software solutions market size is anticipated to expand at a CAGR of 9% during the forecast period, 2021 – 2028. The growth of the market is attributed due to the increasing demand for heavy freight transportation across the globe.
Shipping companies are adopting software solutions coupled with freight efficacy to increase the business efficacy. They are adopting various technologies to amplify the data volume generated by such companies. Thus, these companies are deploying waterway transportation software and services to improve the cost-effectiveness and reliability of business operations. Internet of Things and cloud computing has resulted helped in huge data collection for shipping companies.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing containerization and rising number of ports is expected to drive the market growth.
- Ongoing technological developments are significantly transforming the work patterns among shipping organizations, positively influencing the growth of the market.
- Increasing partnerships in the waterborne trade have opened up new market avenues, stimulating the market growth.
- Lack of awareness about the advantages offered by waterway transportation software and services can restrain the growth of the market.
- Rising demand for managed services is anticipated to generate lucrative opportunities for the waterway transportation software solutions market.
- Development of various new sea routes and seaports across the globe can create new revenue opportunities for industry players in the coming years.
Scope of the Report
The report on the global waterway transportation software solutions market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Waterway transportation software solutions Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Deployments (On-premise, Cloud, and Hybrid), Solutions (Warehousing, Vessel Tracking, Freight Security, Yard Management, Ship Broker Software, Maritime Software, and Others), Applications (Retail, Oil & Gas, Manufacturing, and Industrial) |
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Regional Scope |
North America, Latin America, Europe, Asia Pacific and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
SAP SE, Cognizant, Accenture PLC, Bass Software Ltd, and Veson Nautical Corporation |
Global Waterway transportation software solutions Market Segment Insights
Cloud segment is excepted to dominate the market
Based on deployments, the market is segmented into on-premise, cloud, and hybrid. The cloud segment accounted for a large market share and is excepted to dominate the market growth owing to the growing trend of utilization of big data to improve the business operations. Moreover, increasing penetration of cloud-based services in the shipping/marine industry, adoption of advanced communication, tracking, and ship management technology are driving the segment growth.
Freight security segment to grow at a rapid rate
On the basis of solutions, the market is segmented into warehousing, vessel tracking, freight security, yard management, ship broker software, maritime software, and others. Increasing adoption of waterway transportation software solutions with freight security by different shipping companies, aimed at boosting business is driving the freight security segment.
Retail segment to accounts a considerable market share
Based on applications, the global waterway transportation software solutions market is segregated into retail, oil & gas, manufacturing, and industrial. The retail segment is anticipated to account for a considerable market share during the forecast period. The retail sector deals with wide range of products, which have specific requirements regarding the processing of the order. Retailers can precisely refine transportation planning, and regulate volume shipping in real-time with help of the software solution.
North America to dominate the market share
In terms of regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to dominate the market owing to early adoption of latest technologies and presence of major industry players. The rapid growth of the industrial sector is influencing the growth of the market in the region.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Waterway Transportation Software Solutions 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. Waterway Transportation Software Solutions Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Waterway Transportation Software Solutions Market - Supply Chain
4.5. Global Waterway Transportation Software Solutions Market Forecast
4.5.1. Waterway Transportation Software Solutions Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Waterway Transportation Software Solutions Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Waterway Transportation Software Solutions Market Absolute $ Opportunity
5. Global Waterway Transportation Software Solutions Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Waterway Transportation Software Solutions Market Size and Volume Forecast by Applications
5.3.1. Retail
5.3.2. Oil & Gas
5.3.3. Manufacturing
5.3.4. Industrial
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Waterway Transportation Software Solutions 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. Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions Demand Share Forecast, 2019-2026
7. North America Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions Market Size and Volume Forecast by Applications
7.4.1. Retail
7.4.2. Oil & Gas
7.4.3. Manufacturing
7.4.4. Industrial
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
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 Waterway Transportation Software Solutions Demand Share Forecast, 2019-2026
8. Latin America Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions Market Size and Volume Forecast by Applications
8.4.1. Retail
8.4.2. Oil & Gas
8.4.3. Manufacturing
8.4.4. Industrial
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
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 Waterway Transportation Software Solutions Demand Share Forecast, 2019-2026
9. Europe Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions Market Size and Volume Forecast by Applications
9.4.1. Retail
9.4.2. Oil & Gas
9.4.3. Manufacturing
9.4.4. Industrial
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
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 Waterway Transportation Software Solutions Demand Share Forecast, 2019-2026
10. Asia Pacific Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions Market Size and Volume Forecast by Applications
10.4.1. Retail
10.4.2. Oil & Gas
10.4.3. Manufacturing
10.4.4. Industrial
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
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 Waterway Transportation Software Solutions Demand Share Forecast, 2019-2026
11. Middle East & Africa Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions 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 Waterway Transportation Software Solutions Market Size and Volume Forecast by Applications
11.4.1. Retail
11.4.2. Oil & Gas
11.4.3. Manufacturing
11.4.4. Industrial
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
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 Waterway Transportation Software Solutions Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Waterway Transportation Software Solutions Market: Market Share Analysis
12.2. Waterway Transportation Software Solutions Distributors and Customers
12.3. Waterway Transportation Software Solutions Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. SAP SE
12.4.2. Cognizant
12.4.3. Accenture PLC
12.4.4. Bass Software Ltd
12.4.5. Veson Nautical Corporation
Segments Covered in the Report
The Global Waterway transportation software solutions market has been segmented on the basis of
Deployments
- On-premise
- Cloud
- Hybrid
Solutions
- Warehousing
- Vessel Tracking
- Freight Security
- Yard Management
- Ship Broker Software
- Maritime Software
Applications
- Retail
- Oil & Gas
- Manufacturing
- Industrial
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- SAP SE
- Cognizant
- Accenture PLC
- Bass Software Ltd
- Veson Nautical Corporation
Key players operating in the Global Waterway transportation software solutions Market includes SAP SE, Cognizant, Accenture PLC, Bass Software Ltd, and Veson Nautical Corporation.
Industry players are engaging in partnerships and collaborations with shipping companies to expand their market share.
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