Air Freight Software Market Growth, Trends, Size, Revenue, Scope, Challenges and Future Outlook
Air Freight Software Market Size- By Deployment, By Air Freight Service, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2023 | Report ID: IACT23139 | Pages: 1 - 244 | Formats*: |
| Category : Information & Communications Technology | |||
Air Freight Software Market Introduction and Overview
According to SPER Market Research, the Global Air Freight Software Market is estimated to reach USD 7.99 billion by 2033 with a CAGR of 2.54%.
The report includes an in-depth analysis of the Global Air Freight Software Market, including market size and trends, product mix, distribution channels, and supplier analysis. Air freight software, often known as air cargo management software, is a specialist application used by logistics organizations to streamline and automate air freight operations. It automates operations such as creating air waybills, tracking shipments, and controlling inventories, eliminating manual errors and increasing productivity. The program improves stakeholder communication by allowing for real-time information transmission and maintaining transparency in shipment status and customs documents. Companies that use sophisticated analytics obtain important insights into performance metrics, transit times, and costs, allowing for better decision-making and route optimization.
- Globalization and International Trade: The ongoing expansion of international trade and globalization has resulted in an increase in demand for air freight. As more businesses engage in cross-border operations, the demand for efficient and dependable air freight software solutions to manage the intricacies of international shipping grows.
- Real-time Tracking and Visibility: Customers and businesses alike are demanding real-time tracking and visibility of their goods. Air freight software provides exact and up-to-date cargo status information, guaranteeing better transparency and dependability.
Market Opportunities and Challenges
The market for air freight software offers significant opportunity and considerable challenges. On the opportunity front, the growing globalization of trade and the rise of e-commerce have spurred an increase in demand for efficient and streamlined air freight operations. Air freight software solutions have various advantages, including real-time tracking, automated documentation, and optimal route planning, all of which improve overall operational efficiency and customer satisfaction. Furthermore, the incorporation of new technologies such as IoT, AI, and data analytics into air freight software has the potential to revolutionize cargo management, eliminate delays, and reduce operational costs.
However, with these opportunities come significant challenges. One of the most significant challenges is the air freight industry's complexity and fragmentation. Many parties, including airlines, freight forwarders, customs officials, and handling agents, use disparate systems and standards, making software integration and interoperability problematic. Ensuring seamless data flow and compatibility among disparate systems becomes a significant problem.
Market Competitive Landscape
The air freight software market's competitive environment is defined by a wide variety of competitors fighting for market share and dominance. In this fast evolving market, established technology corporations, logistics behemoths, and specialized software providers all compete. Consolidation and the entry of new companies into the market are generating a dynamic and competitive environment. Well-established organizations that provide full end-to-end logistics solutions are at the forefront of the market. The key players in the market include Champ Cargosystems, Freighdata 2000, Freight pop, IBS, Inform Software, Magaya, Riege Software, The Descartes Systems Group Inc, TMSfirst.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Deployment, By Air Freight Service, By Application, By End User |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Champ Cargosystems, Freighdata 2000, Freight pop, IBS, Inform Software, Magaya, Riege Software, The Descartes Systems Group Inc, TMSfirst. |
COVID-19 Impact on Global Air Freight Software Market
The global air freight software market was significantly impacted by the COVID-19 epidemic. As a result of the pandemic's extensive travel restrictions, border closures, and supply chain delays, the air freight business faced unprecedented hurdles. With a rapid reduction in passenger flights that simultaneously carried a significant volume of cargo in the belly-hold, demand for specialised air freight services increased. This spike, combined with the requirement for improved visibility and real-time tracking of shipments as logistics dynamics changed, increased reliance on air freight software systems.
Key Target Audience:
- Freight Forwarders and Logistics Companies
- Airlines and Air Cargo Carriers
- E-Commerce and Retail Companies
- Customs Authorities and Regulatory Bodies
- Supply Chain Managers and Operations Executives
Our in-depth analysis of the Air Freight Software Market includes the following segments:
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| By Air Freight Service: |
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| By Application: |
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| By End User: |
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Key Topics Covered in the Report:
- Global Air Freight Software Market Size (FY’2023-FY’2033)
- Overview of Global Air Freight Software Market
- Segmentation of Global Air Freight Software Market By Deployment (Cloud Based, On-Premise)
- Segmentation of Global Air Freight Software Market By Freight Service (Deferred Service, Expedited Service, Standard Service)
- Segmentation of Global Air Freight Software Market By Application (Delivery Tracking, Freight Handling, Freight Routing and Scheduling, Freight Tracking and Monitoring, Price and Revenue Management, Warehouse Management)
- Segmentation of Global Air Freight Software Market By End-User (Cargo Airlines, Commercial Airlines, E-Commerce Companies, Third Party Freight Service Providers, Others)
- Statistical Snap of Global Air Freight Software Market
- Expansion Analysis of Global Air Freight Software Market
- Problems and Obstacles in Global Air Freight Software Market
- Competitive Landscape in the Global Air Freight Software Market
- Impact of COVID-19 and Demonetization on Global Air Freight Software Market
- Details on Current Investment in Global Air Freight Software Market
- Competitive Analysis of Global Air Freight Software Market
- Prominent Players in the Global Air Freight Software Market
- SWOT Analysis of Global Air Freight Software Market
- Global Air Freight Software Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Air Freight Software Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Air Freight Software Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Air Freight Software Market
7. Global Air Freight Software Market, By Deployment (USD Million)
7.1. Global Air Freight Software Market Value Share and Forecast, By Deployment, 2023-20337.2. Cloud Based7.3. On-Premise
8. Global Air Freight Software Market, By Air Freight Service (USD Million)
8.1. Global Air Freight Software Market Value Share and Forecast, By Air Freight Service, 2023-20338.2. Deferred Service8.3. Expedited Service8.4. Standard Service
9. Global Air Freight Software Market, By Application (USD Million)
9.1. Global Air Freight Software Market Value Share and Forecast, By Application, 2023-20339.2. Delivery Tracking9.3. Freight Handling9.4. Freight Routing and Scheduling9.5. Freight Tracking and Monitoring9.6. Price and Revenue Management9.7. Warehouse Management
10. Global Air Freight Software Market, By End User (USD Million)
10.1. Global Air Freight Software Market Value Share and Forecast, By End User, 2023-203310.2. Cargo Airlines10.3. Commercial Airlines10.4. E-Commerce Companies10.5. Third Party Freight Service Providers10.6. Others
11. Global Air Freight Software Market Forecast, 2019-2033 (USD Million)
11.1. Global Air Freight Software Market Size and Market Share
12. Global Air Freight Software Market, By Deployment, 2019-2033 (USD Million)
12.1. Global Air Freight Software Market Size and Market Share By Deployment (2019-2026)12.2. Global Air Freight Software Market Size and Market Share By Deployment (2027-2033)
13. Global Air Freight Software Market, By Air Freight Service, 2019-2033 (USD Million)
13.1. Global Air Freight Software Market Size and Market Share By Air Freight Service (2019-2026)13.2. Global Air Freight Software Market Size and Market Share By Air Freight Service(2027-2033)
14. Global Air Freight Software Market, By Application, 2019-2033 (USD Million)
14.1. Global Air Freight Software Market Size and Market Share By Application (2019-2026)14.2. Global Air Freight Software Market Size and Market Share By Application (2027-2033)
15. Global Air Freight Software Market, By End-User, 2019-2033 (USD Million)
15.1. Global Air Freight Software Market Size and Market Share By End-User (2019-2026)15.2. Global Air Freight Software Market Size and Market Share By End-User (2027-2033)
16. Global Air Freight Software Market, By Region, 2019-2033 (USD Million)
16.1. Global Air Freight Software Market Size and Market Share By Region (2019-2026)16.2. Global Air Freight Software Market Size and Market Share By Region (2027-2033)16.3. Asia-Pacific16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific16.4. Europe16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe16.5. Middle East and Africa16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa16.6. North America16.6.1. Canada16.6.2. Mexico16.6.3. United States16.7. Latin America16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. Champ Cargosystems17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. Freighdata 200017.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. Freight Pop17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. IBS17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. Inform Software17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. Magaya17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. Riege Software17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. The Descartes Systems Group Inc17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary
17.8.4. Recent developments
17.9. TMSfirst17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Air Freight Software Market Segment is Covered By Deployment, By Air Freight Service, By Application, By End User
The North America region is anticipated to have the highest market share in Air Freight Software Market.
The key players in the market include Companies Covered Champ Cargosystems, Freighdata 2000, Freight pop, IBS, Inform Software, Magaya, Riege Software, The Descartes Systems Group Inc, TMSfirst.
Air Freight Software Market, including market size and trends, product mix, distribution channels, and supplier analysis.
Air Freight Software Market is projected to reach USD 7.99 billion by 2033, growing at a CAGR of 2.54% during the forecast period.
Air Freight Software Market grew in market size from 2023. The Market is expected to reach USD 7.99 billion by 2033, at a CAGR of 2.54% during the forecast period.
Air Freight Software Market CAGR of 2.54% during the forecast period.
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Air Freight Software Market size is USD 7.99 billion from 2023 to 2033.
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