Press release
Freight Procurement Technology Solutions Market Projections and Regional Outlook, To Witness Growth And Opportunity Forecast 2022 To 2028 | Blue Yonder, Nexus (Infor), Transporeon Group Americas Inc., Alpega Group, Coupa, and MercuryGate International, In
The Global Freight Procurement Technology Solutions Market, analyzed by Astute Analytica, forecasts a growth in revenue from US$ 812.5 Mn in 2021 to US$ 1,392.2 Mn by 2028. The market is registering a CAGR of 8% during the forecast period 2022-2028.
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Factors Affecting the Market
Technology is maintaining a vital place across all industrial verticals, including healthcare, automotive, construction, etc. Companies leverage cloud and service-based services to propel innovation and bring significant revolution. Thus, it will drive the growth of the global Freight Procurement Technology Solutions Market during the forecast period.
Growing investments in this market are expected to boost the growth of the overall market. For instance, the US Federal Government set aside $58.4 billion budget for IT at civilian Federal agencies in 2022, which is an increase of 2.4 percent from 2021.
COVID-19 Impact Analysis
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 Freight Procurement Technology Solutions Market in the coming years. This report by Astute Analytica covers all the factors depicting the impact of the pandemic.
Regional Analysis
By Component segment of the Global Freight Procurement Technology Solutions Market is sub-segmented into:
Software Applications
Carrier Management
Freight Tendering
KPIs and Analytics
Order Management and Control
others
Services
Professional
Managed/Outsourced
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By Deployment segment of the Global Freight Procurement Technology Solutions Market is sub-segmented into:
Cloud-Based
On-Premises
By Industry segment of the Global Freight Procurement Technology Solutions Market is sub-segmented into:
Agriculture
Retail
FMCG Manufacturing
Food & Beverage
Oil & Gas
Others
By Region segment of the Global Freight Procurement Technology Solutions Market is sub-segmented into:
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
Key Players Insights
The key players in the Global Freight Procurement Technology Solutions Market are Blue Yonder, Nexus (Infor), Transporeon Group Americas Inc., Alpega Group, Coupa, and MercuryGate International, Inc., among others.
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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Email: sales@astuteanalytica.com
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