Shipping Software Market: Introduction Transparency Market Research delivers key insights on the global shipping software market. In terms of revenue, the global shipping software market is estimated to expand at a CAGR of ~9% during the forecast period of 2020-2030, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global shipping software market. Increasing number of security breaches and cyber-attacks, and mandate to follow regulatory and data protection laws pertaining to industry security regulations have contributed to the expansion of the shipping software market ecosystem. This is one of the major factors triggering the growth of the market. Furthermore, improving industrial cybersecurity, increasing adoption of IoT in endpoint devices and servers, growing network congestion, and increasing adoption of BYOD policy in different organizations are factors that facilitate the growth of the shipping software market. The report analyzes the global shipping software market and provides estimates in terms of revenue (US$ Mn) from 2018 to 2030. Shipping Software Market: Key Players Key players operating in the global shipping software market include Logistyx Technologies, AfterShip, Descartes System Group, EASYPOST, Interapptive, Inc., Jolly Technologies Inc., Kubix, Manhattan Associates, Mecalux, S.A, Metapack, Oracle Corporation, Ordoro, Inc., Pitney Bowes, Proship Inc., SAP SE, Shiphawk, ShippingEasy, ShipStation, Webgility Inc., and XPS Parcel. Get sample copy of “Shipping Software Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=39062 Key Growth Drivers of the Shipping Software Market Increase in demand for cargo transportation through ships: The demand for cargo transportation through ships is rising across the world, as it is a secure way of transporting goods from one location to another as compared to other means of transport. Cargo is efficiently transferred to a ship in a more secure manner as compared to road and air transit. This is a key factor driving the shipping software market. Moreover, cargo transportation is less expensive to ship goods globally, since ships can carry more cargo from one place to another within a short span of time. This is driving the demand for shipping worldwide.
As per the records of the United Nations Conference on Trade and Development (UNCTAD), ~1,687 million tons of cargo are transported every year
Recent developments in commercial cases and dominant players introducing better and more efficient cargo ships equipped with latest technology (advanced sensors, navigation systems, and other components) are expected to enhance the demand for cargo transportation through ships. This drives the shipping software market and subsequently, the cargo industry. Rapid expansion of eCommerce retail logistics: Rapid expansion of the Internet retailing sector is augmenting the shipping software market. Rise in popularity of online shopping, multichannel retail, commerce in B2B, and same-day delivery offerings across the globe is a major factor driving the shipping software market. Furthermore, preference for online shopping is increasing due to the growing penetration of Internet & mobile and preference of customers to shop online. The need to handle products or deliver parcels at doorsteps is enhancing the demand for shipping software, as shipping software enable eCommerce companies to cater to the needs of their customers by building a “one touch” shipping system. This is generating tremendous gains in business, labor-