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Air Freight Software Trends and Forecast
The future of the global air freight software market looks promising with opportunities in the cargo airline, commercial airline, e-commerce company, and third party freight service provider markets. The global air freight software market is expected to reach an estimated $7.2 billion by 2030 with a CAGR of 2.5% from 2024 to 2030. The major drivers for this market are rising demand for air freight services by e-commerce companies, growth of new cargo airlines across the globe, as well as, integration of advanced analytics and artificial intelligence technologies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Air Freight Software by Segment
The study includes a forecast for the global air freight software by deployment, service, application, end use, and region.
Air Freight Software Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:
• On-Premise
• Cloud
Air Freight Software Market by Service [Shipment Analysis by Value from 2018 to 2030]:
• Expedited Service
• Standard Service
• Deferred Service
Air Freight Software Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Freight Handling
• Freight Tracking & Monitoring
• Warehouse Management
• Price & Revenue Management
• Freight Routing & Scheduling
• Delivery Tracking
Air Freight Software Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Cargo Airline
• Commercial Airline
• E-Commerce Company
• Third Party Freight Service Provider
• Others
Air Freight Software Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Air Freight Software Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies air freight software companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the air freight software companies profiled in this report include-
• IBS
• Champ Cargosystems
• Freight Pop
• Freightdata 2000
• Magaya
• Riege Software
• Tmsfirst
Air Freight Software Market Insights
Lucintel forecasts that freight tracking & monitoring is expected to witness the highest growth over the forecast period because it provides data and updates in real time regarding the status of the cargo and shipped items, it makes use of a number of methods.
North America is expected to witness highest growth over the forecast period due to rise in demand for air freight transportation and rise in fleet size in the region.
Features of the Global Air Freight Software Market
Market Size Estimates: Air freight software market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Air freight software market size by deployment, service, application, end use, and region in terms of value ($B).
Regional Analysis: Air freight software market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different deployment, service, application, end use, and regions for the air freight software market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the air freight software market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the air freight software market size?
Answer: The global air freight software market is expected to reach an estimated $7.2 billion by 2030.
Q2. What is the growth forecast for air freight software market?
Answer: The global air freight software market is expected to grow with a CAGR of 2.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the air freight software market?
Answer: The major drivers for this market are rising demand for air freight services by e-commerce companies, growth of new cargo airlines across the globe, as well as, integration of advanced analytics and artificial intelligence technologies.
Q4. What are the major segments for air freight software market?
Answer: The future of the global air freight software market looks promising with opportunities in the cargo airline, commercial airline, e-commerce company, and third party freight service provider markets.
Q5. Who are the key air freight software market companies?
Answer: Some of the key air freight software companies are as follows:
• IBS
• Champ Cargosystems
• Freight Pop
• Freightdata 2000
• Magaya
• Riege Software
• TMSfirst
Q6. Which air freight software market segment will be the largest in future?
Answer: Lucintel forecasts that freight tracking & monitoring is expected to witness the highest growth over the forecast period because it provides data and updates in real time regarding the status of the cargo and shipped items, it makes use of a number of methods.
Q7. In air freight software market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rise in demand for air freight transportation and rise in fleet size in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the air freight software market by deployment (on-premise and cloud), service (expedited service, standard service, and deferred service), application (freight handling, freight tracking & monitoring, warehouse management, price & revenue management, freight routing & scheduling, and delivery tracking), end use (cargo airline, commercial airline, e-commerce company, third party freight service provider, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Air Freight Software Market, Air Freight Software Market Size, Air Freight Software Market Growth, Air Freight Software Market Analysis, Air Freight Software Market Report, Air Freight Software Market Share, Air Freight Software Market Trends, Air Freight Software Market Forecast, Air Freight Software Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Air Freight Software Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Air Freight Software Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Air Freight Software Market by Deployment
3.3.1: On-Premise
3.3.2: Cloud
3.4: Global Air Freight Software Market by Service
3.4.1: Expedited Service
3.4.2: Standard Service
3.4.3: Deferred Service
3.5: Global Air Freight Software Market by Application
3.5.1: Freight Handling
3.5.2: Freight Tracking & Monitoring
3.5.3: Warehouse Management
3.5.4: Price & Revenue Management
3.5.5: freight routing & scheduling
3.5.6: Delivery Tracking
3.6: Global Air Freight Software Market by End Use
3.6.1: Cargo Airline
3.6.2: Commercial Airline
3.6.3: E-commerce Company
3.6.4: Third Party Freight Service Provider
3.6.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Air Freight Software Market by Region
4.2: North American Air Freight Software Market
4.2.1: North American Air Freight Software Market by Application: Freight Handling, Freight Tracking & Monitoring, Warehouse Management, Price & Revenue Management, freight routing & scheduling, and Delivery Tracking
4.2.2: North American Air Freight Software Market by End Use: Cargo Airline, Commercial Airline, E-commerce Company, Third Party Freight Service Provider, and Others
4.3: European Air Freight Software Market
4.3.1: European Air Freight Software Market by Application: Freight Handling, Freight Tracking & Monitoring, Warehouse Management, Price & Revenue Management, freight routing & scheduling, and Delivery Tracking
4.3.2: European Air Freight Software Market by End Use: Cargo Airline, Commercial Airline, E-commerce Company, Third Party Freight Service Provider, and Others
4.4: APAC Air Freight Software Market
4.4.1: APAC Air Freight Software Market by Application: Freight Handling, Freight Tracking & Monitoring, Warehouse Management, Price & Revenue Management, freight routing & scheduling, and Delivery Tracking
4.4.2: APAC Air Freight Software Market by End Use: Cargo Airline, Commercial Airline, E-commerce Company, Third Party Freight Service Provider, and Others
4.5: ROW Air Freight Software Market
4.5.1: ROW Air Freight Software Market by Application: Freight Handling, Freight Tracking & Monitoring, Warehouse Management, Price & Revenue Management, freight routing & scheduling, and Delivery Tracking
4.5.2: ROW Air Freight Software Market by End Use: Cargo Airline, Commercial Airline, E-commerce Company, Third Party Freight Service Provider, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Air Freight Software Market by Deployment
6.1.2: Growth Opportunities for the Global Air Freight Software Market by Service
6.1.3: Growth Opportunities for the Global Air Freight Software Market by Application
6.1.4: Growth Opportunities for the Global Air Freight Software Market by End Use
6.1.5: Growth Opportunities for the Global Air Freight Software Market by Region
6.2: Emerging Trends in the Global Air Freight Software Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Air Freight Software Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Air Freight Software Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: IBS
7.2: Champ Cargosystems
7.3: Freight Pop
7.4: Freightdata 2000
7.5: Magaya
7.6: Riege Software
7.7: TMSfirst
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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