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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 growth in the historic period can be attributed to the demand for transparency and accountability, urbanization and population growth, the rise of on-demand services, and a focus on sustainability. 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%. The growth in the forecast period can be attributed to the demand for contactless delivery solutions, demand for real-time tracking, focus on customer experience, demand for route optimization, and increased competition. Major trends in the forecast period include technological innovations, mobile technology advancements, integration with Internet of Things devices, and artificial intelligence (AI)-powered predictive maintenance.
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, 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.
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What Are The Key Trends That Influence Delivery Management Software Share Analysis?
Companies in the delivery management software market are focusing on innovations like real-time shipment alerting to drive revenue growth. Real-time alerting provides instant notifications about shipment status and location. For example, in October 2021, Enveyo, a US-based software company, introduced Alerting, a solution designed to manage customer delivery experiences. This service offers visibility across the entire parcel shipment lifecycle, enabling shippers to enhance revenue, customer satisfaction, and brand loyalty with real-time notifications for all key milestones in the delivery process.
Which Market Players Are Driving Growth In The Delivery Management Software Market?
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.
How Is The Global Delivery Management Software Market 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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The Delivery Management Software Global Market Report 2024 provides an overview of the delivery management softwaremarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The delivery management software market forecast analyzes delivery management software market size, delivery management software market share, leading competitor and their market positions.
The Table Of Content For The Delivery Management Software Market Include
1. Delivery Management Software Market Executive Summary
2. Delivery Management Software Market Segments
3. Delivery Management Software Market Size And Template Market Growth Rate
4. Key Delivery Management Software Market Trends
5. Major Delivery Management Software Market Drivers
……
25. Key Mergers And Acquisitions In The Delivery Management Software Market
26. Top Delivery Management Software Companies
27. Delivery Management Software Market Opportunities And Strategies
28. Delivery Management Software Market, Conclusions And Recommendations
29. Appendix
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