Freight Transport Management Market Estimated to Flourish by 2027 - Accenture, CEVA Logistics AG, CTSI-Global, GEODIS, HighJump Software, JDA Software Group, Manhattan Associates and Schenker AG

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Efficient freight transportation is essential for the economic growth of any nation. Hence, effectively managing freight transportation becomes crucial for development. Various strategies are incorporated for improving efficiency and freight and commercial transport. These include route planning, freight optimization, order management, and fuel management.

The industry, in recent years, has witnessed the advent of machine-to-machine communication and analytics to enhance these operations. Furthermore, the demand shift towards digitization offers significant growth prospects for market players in the future.

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The freight transport management market is anticipated to lucrative growth in the forecast period owing to driving factors such as high demand for shorter transit time and greater visibility. Change in trade flow is further expected to boost market growth.

However, cross border transportation is exposed to certain risks, and this factor may negatively influence the growth of the freight transport management market in the coming years. Nonetheless, digitalization and the emergence of analytics in the field are expected to create growth opportunities for the key players of the freight transport management market during the forecast period.

Top Leading Market Players:

1. Accenture plc
2. CEVA Logistics AG
3. CTSI-Global
4. Descartes Systems Group Inc
5. DSV A/S
6. GEODIS
7. HighJump Software Inc.
8. JDA Software Group, Inc.
9. Manhattan Associates, Inc.
10. Schenker AG (Deutsche Bahn)

Market Segmentation :

The global freight transport management market is segmented on the basis of solution, deployment mode, type, and end user. By solution, the market is segmented as Freight Mobility Solution, Freight Transportation Cost Management, Freight Security and Monitoring System, Freight 3PL Solutions, and Others. Based on deployment mode, the market is segmented as cloud and on-premise. On the basis of the type, the market is segmented as road transport, rail freight, waterborne freight, and air freight. The market on the basis of the end user is classified as automotive, aerospace and defense, oil and gas, consumer and retail, energy and power, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global freight transport management market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The freight transport management market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting freight transport management market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the freight transport management market in these regions.

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Reasons to Buy the Report:

• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

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