Freight Procurement Technology Solutions Market 2022 Applications, SWOT Analysis, Growth and Competitive Landscape by 2028 | Alpega Group, Coupa, Jaegger

Astute Analytica released a new market report on the Freight Procurement Technology Solutions Market. The in-depth study of the industry includes inputs, information, and data from primary and secondary sources that have been evaluated and verified by specialists in the target market.

Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market's growth characteristics.

The Global Freight Procurement Technology Solutions Market size was US$ 812.5 million in 2021 and forecast to grow to US$ 1,392.2 million by 2028, registering a compound annual growth rate (CAGR) of 8% during the forecast period from 2022 to 2028.

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Regional Analysis

North America is forecast to emerge as the largest shareholder in the industry in terms of revenue. The growth of the market is attributable to various factors, including early adoption of advanced technology, growing investments in the sector, and rising infrastructural development. Furthermore, the Asia-Pacific market for information technology will also grow steadily due to growing spending by government bodies. Additionally, increasing initiatives to improve infrastructure will also drive the market forward.

COVID-19 Impact

The COVID-19 outbreak forced many organizations to adapt to digital methods, which rapidly accelerated digital transformation. Work environments changed abruptly as remote work became the new normal among organizations. As a result, it is forecast to strengthen the potential scope of the information technology market in the coming years. This report by Astute Analytica covers all the factors depicting the impact of the pandemic.

Major Key Players in the Freight Procurement Technology Solutions Market are:

Blue Yonder
Nexus (Infor)
Transporeon Group Americas Inc.
Alpega Group
Coupa
Jaegger
nVision Global
Enterprise System Solutions Pvt. Ltd.
MercuryGate International Inc
Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Global Freight Procurement Technology Solutions Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.

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Segmentation Overview

By Component

Software Applications
Carrier Management
Freight Tendering
KPIs and Analytics
Order Management and Control
others
Services
Professional
Managed/Outsourced
By Deployment

Cloud-Based
On-Premises
By Industry

Agriculture
Retail
FMCG Manufacturing
Food & Beverage
Oil & Gas
Others
By Region

North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Italy
Spain
Netherlands
Switzerland
Sweden
Turkey
Poland
Russia
Belgium
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Taiwan
Australia & New Zealand
ASEAN
Indonesia
Thailand
Philippines
Malaysia
Rest of ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Nigeria
Egypt
Rest of MEA
South America
Argentina
Brazil
Columbia
Chile
Rest of South America
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