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Delivery Management Software Market Size, Share, Growth
Delivery Management Software Market Size
As per the report, the delivery management software market size has grown rapidly in recent years. It will grow from $2.51 billion in 2023 to $2.83 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The delivery management software market size is expected to see rapid growth in the next few years. It will grow to $4.63 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%.
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E-commerce Expansion Fuels Growth Of The Delivery Management Software Market
The growing penetration of e-commerce is expected to propel the growth of the delivery management software market going forward. E-commerce refers to the online business model facilitating the exchange of goods and services through the Internet. The growing penetration of e-commerce is driven by convenience, expanding internet access, and shifting consumer preferences towards online shopping. Delivery management software in e-commerce optimizes delivery routes, provides real-time tracking, and enhances the customer experience by ensuring timely and transparent deliveries, thereby increasing operational efficiency and customer satisfaction. For instance, in February 2024, according to the United States Census Bureau, a US-based government agency, in 2023, e-commerce sales were projected to reach $1,118.7 billion, marking a 7.6% (±1.2%) increase from 2022, while total retail sales saw a 2.1% (±0.4%) rise over the same period. In 2023, e-commerce sales constituted 15.4% of total sales, compared to 14.7% in 2022. Therefore, the growing penetration of e-commerce is driving the growth of the delivery management software market.
Innovative Solutions Drive Revenue Growth In The Delivery Management Software Market
Major companies in the delivery management software market prioritize developing innovative solutions, such as real-time shipment alerting, to drive revenue growth. Real-time shipment alerting refers to the instantaneous notifications provided by delivery management software regarding the status and location of shipments. For instance, in October 2021, Enveyo, a US-based software company, launched Alerting, a solution for customer delivery experience management. Alerting offers real-time visibility across the entire parcel shipment lifecycle, allowing e-commerce shippers to increase revenue, customer satisfaction, and brand loyalty. The solution provides real-time shipment notifications to customers for all major milestones in the journey, from order creation to delivery and any delivery exceptions. Moreover, shippers can create a seamless customer delivery experience through customizable email or SMS notifications that match their unique messaging and brand styling.
The delivery management software market covered in this report is segmented -
1) By Deployment: On-Premise, Software As A Service Based
2) By Pricing : Subscription-Based, Pay-As-You-Go
3) By Enterprise Size: Small And Medium-Sized Enterprises, Large Enterprise
4) By End-User: Banking, Financial Services And Insurance (BFSI), Retail And E-Commerce, Manufacturing, Healthcare And Life Sciences, Telecommunication And Information Technology, Other End-Users
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Major companies operating in the delivery management software market are Uber Technologies Inc., DoorDash Inc., Postmates Inc., Zetes Group, Descartes Systems Group, Kerridge Commercial Systems Information, Metapack Ltd, Bringg Delivery Technologies Ltd, WorkWave LLC, Jungleworks, Mara Labs Inc., Mobisoft Infotech LLC, parcelLab GmbH, Loginext Solutions Private Limited, Route4Me Inc., Tookan Limited, Roadie Inc., Bringoz Technologies, GetSwift Limited, DispatchTrack, Zippykind, Deliforce Technologies Private Limited, Shipox Inc., Routific Solutions Inc.
Contents of the report:
1. Executive Summary
2. Delivery Management Software Market Report Structure
3. Delivery Management Software Market Trends And Strategies
4. Delivery Management Software Market - Macro Economic Scenario
5. Delivery Management Software Market Size And Growth
…..
27. Delivery Management Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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