Multicarrier Parcel Management Solutions Software Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Multicarrier Parcel Management Solutions Software Market Size

The global Multicarrier Parcel Management Solutions Software market was valued at US$ 218 million in 2023 and is anticipated to reach US$ 316.8 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.

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Multicarrier Parcel Management Solutions Software is a type of software that helps companies select the most appropriate parcel carrier from among all contracted carriers based on various criteria, such as order characteristics, delivery rules, carrier performance, and cost differentials. This software also enables shippers and 3PLs to manage the creation of labels, create shipper manifests, provide status messages to customers or customer service representatives, and manage carrier rates. Multicarrier Parcel Management Solutions Software simplifies shipping operations for carriers, warehouses, and customers by creating an omnichannel shipping ecosystem that ensures organizations get the best possible rate for every shipment, regardless of the shipping method. This software supports a wide range of carriers, such as freight, LTL, and 3PL. Multicarrier Parcel Management Solutions Software commonly integrates with ERP systems and warehouse management software.

The industry trend of Multicarrier Parcel Management Solutions Software is expected to be positive and growing in the coming years. Some of the factors driving this growth are:

The increasing demand for omnichannel shipping solutions as part of digital transformation initiatives across various industries

The rising popularity of e-commerce and online shopping that require efficient and cost-effective delivery services

The emergence of new parcel delivery models and formats that cater to diverse customer needs and preferences

The adoption of cloud-based multicarrier parcel management solutions software that offer scalability, flexibility, and cost-effectiveness

The integration of multicarrier parcel management solutions software with other supply chain technologies, such as ERP systems, warehouse management software, etc.

This report aims to provide a comprehensive presentation of the global market for Multicarrier Parcel Management Solutions Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Multicarrier Parcel Management Solutions Software.

By Type
•
Cloud Based
• Web Based

By Application
• Large Enterprises
• SMEs

Key Companies
StarShip, Pacejet, MetaPack, EFI SmartLinc, Logicor Shipping, ConnectShip, ShipCaddie, xShip, ZipShipit, 2Ship, BluJay Parcel, Harvey Software, DCMobile, DigitalShipper, Freight+, Consignor

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