Global Courier Software Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Courier software is a software solution that enables the end-user and intermediaries involved in logistics and transportation sector to track shipment orders. Courier software offers GPS-enabled monitoring of the shipment, and client information databases, and provides map coordinates with accurate routing. This software works as a gateway for customers to place an order straight through the official portal of a company. Moreover, these software solutions are generally customized for small and medium-sized enterprises that provide package delivery facilities. The increasing adoption of software as a service as well as growing investment in courier software by e-commerce companies are key factors driving the market growth.
In recent times the adoption of software as a service (SaaS) has significantly increased due to factors including agility, cost-effectiveness, security, and widespread connectivity among others. For instance - as per Statista - in 2021, the global software as a service (SaaS) market is estimated at USD 146 billion, and as per projections, this amount is projected to grow to USD 195 billion by 2023. Also, rising need for real-time updates of the shipment and growing adoption of cloud-based software would create lucrative growth opportunities for the market over the projected period. However, deployment cost of Courier Software as well as concern over risk of data breaches hinders the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Courier Software Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players as well as rising adoption of courier software from end-users to improve the visibility and efficiency of their supply chain in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of e-commerce industry as well as increasing penetration of leading market players in the region. For instance - in February 2020, California, USA based logistics and digital supply chain solutions company, Blume Global commenced the company's new Asia Pacific regional office in Hong Kong. This new facility is intended to serve customers in the APAC region. Hence, these factors would offer lucrative growth prospectus for the Courier Software Market in the APAC region.
Major market players included in this report are:
- Courier Software Limited
- Net Interaction SRL
- Datatrac Corporation
- Digital Waybill
- Key Software Systems LLC
- Linbis Inc
- Metafour UK Ltd
- Sagar Informatics Pvt. Ltd
- Storfox
- Zedex Software.
Recent Developments in the Market:
- In December 2022, Logistics service provider Delhivery announced the acquisition of Pune-based Algorhythm Tech Pvt. Ltd. for a transaction value of USD 8 million, in an all-cash deal, to extend its integrated supply chain solutions offering.
Global Courier Software Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Deployment Model, Enterprise Size, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Deployment Model
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Courier Software Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Courier Software Market, by Deployment Model, 2019-2029 (USD Billion)
- 1.2.3. Courier Software Market, by Enterprise Size, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Courier Software Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Courier Software Market Dynamics
- 3.1. Courier Software Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing adoption of software as a service
- 3.1.1.2. Growing investment in courier software by e-commerce companies
- 3.1.2. Market Challenges
- 3.1.2.1. High deployment cost of Courier Software
- 3.1.2.2. Concern over risk of data breaches
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising need for real-time updates of the shipment
- 3.1.3.2. Growing adoption of cloud-based software
Chapter 4. Global Courier Software Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Courier Software Market, by Deployment Model
- 6.1. Market Snapshot
- 6.2. Global Courier Software Market by Deployment Model, Performance - Potential Analysis
- 6.3. Global Courier Software Market Estimates & Forecasts by Deployment Model 2019-2029 (USD Billion)
- 6.4. Courier Software Market, Sub Segment Analysis
- 6.4.1. On-premises
- 6.4.2. Cloud
Chapter 7. Global Courier Software Market, by Enterprise Size
- 7.1. Market Snapshot
- 7.2. Global Courier Software Market by Enterprise Size, Performance - Potential Analysis
- 7.3. Global Courier Software Market Estimates & Forecasts by Enterprise Size 2019-2029 (USD Billion)
- 7.4. Courier Software Market, Sub Segment Analysis
- 7.4.1. Large Enterprises
- 7.4.2. Small & Medium Enterprises
Chapter 8. Global Courier Software Market, Regional Analysis
- 8.1. Courier Software Market, Regional Market Snapshot
- 8.2. North America Courier Software Market
- 8.2.1. U.S. Courier Software Market
- 8.2.1.1. Deployment Model breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. Enterprise Size breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Courier Software Market
- 8.3. Europe Courier Software Market Snapshot
- 8.3.1. U.K. Courier Software Market
- 8.3.2. Germany Courier Software Market
- 8.3.3. France Courier Software Market
- 8.3.4. Spain Courier Software Market
- 8.3.5. Italy Courier Software Market
- 8.3.6. Rest of Europe Courier Software Market
- 8.4. Asia-Pacific Courier Software Market Snapshot
- 8.4.1. China Courier Software Market
- 8.4.2. India Courier Software Market
- 8.4.3. Japan Courier Software Market
- 8.4.4. Australia Courier Software Market
- 8.4.5. South Korea Courier Software Market
- 8.4.6. Rest of Asia Pacific Courier Software Market
- 8.5. Latin America Courier Software Market Snapshot
- 8.5.1. Brazil Courier Software Market
- 8.5.2. Mexico Courier Software Market
- 8.5.3. Rest of Latin America Courier Software Market
- 8.6. Rest of The World Courier Software Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Courier Software ltd.
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Net Interaction SRL
- 9.2.3. Datatrac Corporation
- 9.2.4. Digital Waybill
- 9.2.5. Key Software Systems LLC
- 9.2.6. Linbis Inc
- 9.2.7. Metafour UK Ltd
- 9.2.8. Sagar Informatics Pvt. Ltd
- 9.2.9. Storfox
- 9.2.10. Zedex Software.
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption