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Segmentation, Major Trends, and Competitive Overview of the Waterway Transportation Software Market
Waterway Transportation Software Market
Forecasted Growth and Market Size of the Waterway Transportation Software Market
The waterway transportation software market is projected to grow significantly over the coming years, reaching a value of $118.84 billion by 2030. This expansion corresponds to a compound annual growth rate (CAGR) of 7.5%. Factors propelling this growth include the rise of smart port development, AI-powered route optimization, emphasis on sustainable maritime operations, increasing demand for comprehensive visibility throughout shipping processes, and the ongoing migration of maritime software systems to cloud platforms. Key developments expected to influence the market during this period are the widespread adoption of cloud-based maritime solutions, enhanced real-time vessel tracking, integration of port management systems, broader use of predictive analytics, and a growing focus on freight visibility.
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Leading Corporations Driving the Waterway Transportation Software Market
The waterway transportation software industry features a number of prominent companies steering innovation and market presence. Some of the major players include Maersk A/S, Oracle Corporation, SAP SE, ABB Ltd, plc, Cognizant Technology Solutions Corporation, Zebra Technologies Corporation, Flexport Inc., DNV GL AS, Descartes Systems Group Inc., Aquatic Informatics Inc., LogiNext Solutions Pvt. Ltd., Jibe, Geniuserp, FourKites Inc., Trans-I Technologies Inc., Bass Software Solutions, Zero North, Veson Nautical Corporation, ABS Wavesight, FRETRON, Nautical Corporation, XPV Water Partners, Danaher Corporation, and Hidrovuas do Brasil.
Significant Acquisition Strengthening Market Position
In February 2025, Tidalis B.V., a maritime technology and digital solutions provider based in the Netherlands, acquired Made Smart Group B.V., another Dutch tech company specializing in digital workflow and operational planning solutions for maritime and port operations. Although the financial details were not disclosed, this acquisition is intended to boost Tidalis' digital port-call optimization capabilities, enhance its automation of maritime workflows, and broaden its range of intelligent, data-driven offerings for shipping companies, port operators, and the broader maritime logistics ecosystem.
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Technology Trends Accelerating Growth in the Waterway Transportation Software Market
Cloud-based transport management systems are becoming increasingly central to the market as companies seek to improve operational efficiency and maintain a competitive edge. These cloud platforms offer features such as route optimization, real-time tracking, inventory management, freight scheduling, and performance analytics that can be accessed from any device connected to the internet.
One example of this trend is the launch of CocoonOPS in September 2023 by UK-based logistics software provider CocoonFMS Ltd. This innovative transport management system is designed to transform freight forwarding, especially for small and medium-sized businesses. CocoonOPS boasts real-time shipment tracking across air, sea, road, and rail, along with tools for calculating demurrage and detention costs, customizable workflows, automated routine tasks, and document generation capabilities.
Detailed Segmentation of the Waterway Transportation Software Market
This market is divided into several key categories based on solutions, services, deployment models, and industry verticals:
1) Solutions include Warehousing, Vessel Tracking, Freight Security, Yard Management, Audit and Claim, Ship Broker Software, Maritime Software, and Other Solutions.
2) Services cover Managed Services, Consulting or Customization Services, and Training Services.
3) Deployment Models are categorized as On-Premises, Cloud, and Hybrid.
4) Industry Verticals span Consumer and Retail, Oil and Gas, Industrial and Manufacturing, Energy and Mining, Aerospace and Defense, Construction, Chemicals, Pharmaceuticals and Healare, Food and Beverages, and Other Industries.
The solution segments are further broken down into subcategories, such as:
- Warehousing: Inventory Management, Warehouse Operations Optimization
- Vessel Tracking: Real-Time Vessel Monitoring, Fleet Management
- Freight Security: Cargo Tracking and Monitoring, Risk Management Software
- Yard Management: Container Yard Optimization, Terminal Management Software
- Audit and Claim: Cargo Claims Management, Compliance and Auditing Solutions
- Ship Broker Software: Vessel Chartering Management, Broker-Client Communication
- Maritime Software: Marine Fleet Management, Maritime Navigation Solutions
- Other Solutions: Port Management Software, Weather Routing and Analysis
This detailed segmentation helps clarify the diverse components and specialized technologies that make up the waterway transportation software market, highlighting the extensive scope of this sector.
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