Press release
Route Optimization Software Market Insights | Key players: Descartes, Google, ALK Technologies, FLS and Portatour
Browse 45 market data Tables and 29 Figures spread through 124 Pages and in-depth TOC on "Route Optimization Software Market”
https://www.marketsandmarkets.com/Market-Reports/route-optimization-software-market-197501388.html?utm_source=Openpr
Based on component, the services segment of the route optimization software market is expected to grow at a higher rate during the forecast period.
Based on component, the services segment is expected to grow at a higher growth rate during the forecast period as compared to the software segment. The growth of the services segment can be attributed to the growing need to improve goods delivery time and customer services.
Based on deployment type, the cloud segment of the route optimization software market is expected to grow at a higher CAGR during the forecast period.
Based on deployment type, the cloud segment of the route optimization software market is estimated to witness the highest growth during the forecast period. Organizations are increasingly adopting cloud-based route optimization software, as it is easy to deploy and it provides more scalability functions than on-premises software at an affordable cost. These factors are supporting the growth of the cloud-based route optimization software.
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North America is estimated to lead the route optimization software market in 2018.
North America is estimated to lead the route optimization software market in 2018. The presence of key companies, such as Descartes, Google, ESRI, Paragon Software, LLamasoft, Omnitracs, Route4Me, Routific, and ALK Technologies in the region is one of the key factors for the growth of the route optimization software market.
Some of the major route optimization software vendors include ALK Technologies (US), AMCS (Ireland), Caliper (US), Descartes (Canada), Esri (US), FLS (Germany), Geoconcept (France), Google (US), Portatour (Austria), Llamasoft (US), Maxoptra (UK), Microlise (UK), Omnitracs (US), Optimoroute (US), ORTEC (Netherlands), Paragon Software (UK), PTV Group (Germany), Quintiq (Netherlands), FarEye (India), Route4me (US), RouteSolutions (US), Routific (Canada), Scientific Logistics (US), Truckstops (UK), Verizon Connect (US), and Workwave (US).
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