Route optimization solutions are transforming the logistics landscape worldwide
In conjunction with this, the demand for these software and services has been estimated across all major geographies namely North America, South America, Europe, Middle East and Africa and the Asia Pacific. To give a clearer view of this market across these geographies, the regional market has been further segmented into countries which account for a significant share in the market. The growth of this market is majorly attributed to the rapid growth of e-commerce in many regions across the globe. The proliferation of smartphones and increasing penetration of the internet in many regions have been two of the major factors responsible for continuously increasing traffic on online retail stores. This is increasing the number of orders placed across these stores per day, thus driving the need among sellers to pump more investments into strengthening their logistics in order to avoid losing customers due to high lead time. Growing competition among players in this sector is further fueling the need to pump investments into logistics in order to stay ahead of their rivals by gaining a competitive edge. This is increasing the adoption of advanced technologies by them, thus boosting the market growth for route optimization software and services.
Request Sample: www.knowledge-sourcing.com/requestsample&sample_id=2103
By deployment model, cloud holds a major share in the market
Deployment of route optimization software on the cloud has been witnessing an impressive increase over the past few years. This is majorly attributed to increasing focus of end users towards streamlining their business processes and increasing profit margins by cutting back on their investments in IT workforce and regular maintenance of solutions deployed on-premise. The continuous evolution of wireless communication technologies and favorable infrastructure offered by cloud providers to tap the complete potential of this technology has been supporting this migration of end-users towards the cloud, thus boosting the growth of the market in this sub-segment.
Enterprises in North America and Europe continue to show high adoption of route optimization software and services
North America and Europe continue to make the highest contribution to the demand for route optimization software and services among all major geographies. The rapid growth of cloud computing in these regions, coupled with favorable infrastructure for the implementation of advanced solutions for route optimization is driving the market growth in these regions. The market in the Asia Pacific is expected to grow at an impressive growth rate over the projected period. The growth of this market in this region will be attributed to the rapid growth of the retail industry and increasing investments into infrastructure development in many countries.
This report also includes a study of strategies and product portfolios of some of the leading companies in the route optimization market. Major companies profiled as a part of this report are ALK Technologies, Caliper Corporation, The Descartes Systems Group Inc., Esri Global, Inc., Google, Routific Solutions Inc., LLamasoft Inc., and Microlise, among others.
Request customization or place an order: www.knowledge-sourcing.com/route-optimization-market
Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
Knowledge Sourcing Intelligence LLP
2nd Floor, D-77, Sector 63
Noida, U.P. - 201301
E: firstname.lastname@example.org | P: +1-866-714-4587
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Route optimization solutions are transforming the logistics landscape worldwide here
News-ID: 1508595 • Views: 168
More Releases from Knowledge Sourcing Intelligence LLP
Print Labels Market is predicted to surge at a CAGR of 4.43% over the period 201 …
Knowledge Sourcing Intelligence announces the publication of a new report on "Print Labels Market- Forecasts from 2020 to 2025" to their offering. The print labels market is growing due to the strict government rules for providing the customers with important information regarding the product and for creating brand identity, brand image for awareness among customers. This report provides forecast and analysis of the print labels which is estimated to surge
Wearable Devices Market Estimated to grow at a CAGR of 21.63% by 2025
Knowledge Sourcing Intelligence announces the publication of a new report on "Wearable Devices Market - Forecast from 2020 to 2025" to their offering. Capturing real-time information pertaining to various activities carried out by a user and at the same time keeping a track of it to enable the user to fathom the data through a user-friendly interface like that of the handheld device comes under the purview of wearable devices
Global Security Screening Market is projected to grow at a CAGR of 8.70% by 2025
Knowledge Sourcing Intelligence announces the publication of a new report on "Security screening Market - Forecasts from 2020 to 2025" to their offering. The rising terror attacks across the globe is one of the key factors driving the market for security screening as the need for better security measures is increasing at numerous public places including cinema halls, restaurants, and malls among others. The market is estimated to grow surge at
Global Medical Device Packaging Market is projected to grow at a CAGR of 5.39% b …
Knowledge Sourcing Intelligence announces the publication of a new report on "Medical Device Packaging Market - Forecasts from 2020 to 2025" to their offering. The rising healthcare expenditure coupled with the growing number of diseases along with the growing aging population is some of the key factors bolstering the growth of the market throughout the forecast period. The market is estimated to grow surge at a decent rate owing to the
More Releases for Route
Route Planning Software Market Study 2017 Mapotempo, RouteXL, Badger Maps, Speed …
Market Research 2017 The Report entitled Global Route Planning Software Market 2017 analyses the crucial factors of the Route Planning Software market based on present industry situations, market demands, business strategies adopted by Route Planning Software market players and their growth scenario. This report isolates the Route Planning Software market based on the key players, Type, Application and Regions. Get Sample Copy: http://bit.ly/2wkoFTY The Route Planning Software industry research report mainly focuses on
Route Planning Software Market 2017- Routific, Speedy Route, Abivin vRoute, Rout …
Apex Research, recently published a detailed market research study focused on the "Route Planning Software Market" across the global, regional and country level. The report provides 360° analysis of "Route Planning Software Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Route Planning Software industry, and estimates the future trend of Route
logvrp - The Route Planner
logvrp is a web and GIS based vehicle route planner software that is a trademark of the company NetAkıl . logvrp helps organizations, companies to profit on logistics activities, minimize transportation costs and save on gas. It is used for finding optimum fleet routes, route optimization, fleet route planning, delivery route planning, pickup route planning and fleet management. logvrp helps users to manage routes and to plan orders, stations and
RouteOptimiser.com Announces Even Faster Route-Planning
RouteOptimiser.com Announces Even Faster Route-Planning Smart route-planning service calculates 50 times longer routes, in a fraction of the time Worcester, UK – 21 June 2011 – Smart route-planning service Route Optimiser announces an improvement to its underlying route optimisation algorithm this week. The changes mean that hauliers, couriers and travelling field sales engineers can now plot more complex routes, faster. The waypoint limit has been raised by a factor of 50, from 200
Postcode Anywhere Announces Simpler, Slicker Route Optimiser
Worcester, UK – 22 February 2011 – Commercial route planning website Route Optimiser receives a fresh new interface and simplified payment structure this week – making it easier than ever for delivery companies to cut costs, plan shorter routes, and improve customer service by providing an estimated time of arrival. The new payment system offers a choice between “pay-as-you-go” credits and annual user licences, with prices starting from £15 for the
Georgian Conflict Obliges Export Route Reality Check
(Concord, MA) The latest issue of Caspian Investor, published by WorldTrade Executive, Inc., focuses on the long-term strategic implications for international oil and gas interests as the result of military action in Georgia. Within days of military action commencing, all oil pipelines and seaport terminal export facilities closed in the country. The separatist regions of South Ossetia and Abkhazia remain resolved to leave Georgia guaranteeing ongoing domestic unrest. That