According to HTF Market Intelligence, the Trucking Software market to witness a CAGR of 8.9% during the forecast period (2024-2030).The Latest published a market study on Global Trucking Software Market provides an overview of the current market dynamics in the Global Trucking Software space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2030. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities.
Some of the players that are in coverage of the study are Samsara (United States), Omnicomm (Russia), Fleet Complete (Canada), Trimble Inc. (United States), Geotab (Canada), Teletrac Navman (United Kingdom), KeepTruckin (United States), Verizon Connect (United States), Descartes Systems Group (Canada), Fleetmatics (a Verizon company) (United States), Project44 (United States), Locus (India), FourKites (United States), KeepTruckin (United States), Zonar Systems (United States)..
The global Trucking Software market size is expanding at robust growth of 8.9%, sizing up market trajectory from USD 2.6 Billion in 2024 to USD 4.8 Billion by 2030.
Get ready to identify the pros and cons of the regulatory framework, local reforms, and its impact on the Industry. Know how Leaders in Global Trucking Software are keeping themselves one step forward with our latest survey analysis
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Definition
This market includes software solutions designed to optimize trucking operations, such as fleet management and route planning. Growth is spurred by the need for efficiency and technological integration in logistics.
On January 10, 2024, Samsara acquired NexTraq, a fleet management and GPS tracking company, to expand its service offerings and customer base. On November 5, 2022, Omnicomm acquired Tachograph Center, a European provider of digital tachograph solutions, in order to strengthen its presence in the European market. On February 15, 2023, Fleet Complete acquired Blyncsy, a company specializing in smart transportation technologies, to enhance its data analytics capabilities.
On June 22, 2023, Omnicomm launched its Omnicomm Online 4.0, a new version of its fleet management software with enhanced analytics and reporting capabilities. On July 12, 2023, Trimble Inc. launched the Trimble Fleet Management Solution, which includes new features for route optimization and real-time vehicle tracking.
Basic Segmentation Details
Global Trucking Software Market Breakdown by Application (Logistics and Transportation, Freight Forwarding, Supply Chain Management, Delivery Management, Other) by Type (Fleet Management Software, Route Optimization Software, Driver Management Software, Freight Management Software, Compliance Management Software, Other) by Deployment (Cloud-based, On-premises) by End-user (Small and Medium Enterprises (SMEs), Large Enterprises) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Trucking Software Market Driver
- Enhanced operational efficiency through course optimization and real-time tracking
- Growing demand for real-time visibility into fleet operations
Trucking Software Market Opportunity
- Increased demand for advanced fleet management solutions
- Growing need for software supporting electric vehicle integration
- Rising requirements for regulatory compliance and automation
Trucking Software Market Restraints
- High upfront costs for software, hardware, and integration
- Complex integration with legacy systems and cybersecurity risks
Major Highlights of the Trucking Software Market report released by HTF MI
Global Trucking Software Market Breakdown by Application (Logistics and Transportation, Freight Forwarding, Supply Chain Management, Delivery Management, Other) by Type (Fleet Management Software, Route Optimization Software, Driver Management Software, Freight Management Software, Compliance Management Software, Other) by Deployment (Cloud-based, On-premises) by End-user (Small and Medium Enterprises (SMEs), Large Enterprises) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Trucking Software market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
- To carefully analyze and forecast the size of the Trucking Software market by value and volume.
- To estimate the market shares of major segments of the Trucking Software
- To showcase the development of the Trucking Software market in different parts of the world.
- To analyze and study micro-markets in terms of their contributions to the Trucking Software market, their prospects, and individual growth trends.
- To offer precise and useful details about factors affecting the growth of the Trucking Software
- To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Trucking Software market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Trucking Software Market Study Coverage:
- It includes major manufacturers, emerging player’s growth story, and major business segments of Trucking Software market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Trucking Software Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Trucking Software Market Production by Region Trucking Software Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in Trucking Software Market Report:
- Trucking Software Overview, Definition and Classification Market drivers and barriers
- Trucking Software Market Competition by Manufacturers
- Trucking Software Capacity, Production, Revenue (Value) by Region (2024-2030)
- Trucking Software Supply (Production), Consumption, Export, Import by Region (2024-2030)
- Trucking Software Production, Revenue (Value), Price Trend by Type {Fleet Management Software, Route Optimization Software, Driver Management Software, Freight Management Software, Compliance Management Software, Other}
- Trucking Software Market Analysis by Application {Logistics and Transportation, Freight Forwarding, Supply Chain Management, Delivery Management, Other}
- Trucking Software Manufacturers Profiles/Analysis Trucking Software Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
- How feasible is Trucking Software market for long-term investment?
- What are influencing factors driving the demand for Trucking Software near future?
- What is the impact analysis of various factors in the Global Trucking Software market growth?
- What are the recent trends in the regional market and how successful they are?
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