GENERAL

Multicarrier Parcel Management Solutions Software Market Worth US$ 1.4 Billion, at a CAGR of 9.3% from 2022 to 2032

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The multicarrier parcel management solutions software market is supposed to develop at a CAGR of 9.3%, from US$ 559.0 Million of every 2022 to US$ 1.4 Billion by 2032.

During the progressing Covid episode, multicarrier parcel management solutions software market has become basic. The multicarrier parcel management solutions software organization is making the most of multicarrier parcel management solutions software market an open door to extend the accessibility of constant shipment following and resource observing software.

Clients are reluctant to put resources into multicarrier parcel management solutions software because of unstable business exercises, restricting the multicarrier parcel management solutions software market development.

Subsequently, an expansion in the quantity of web based business new companies during the COVID-19 flare-up is keeping multicarrier parcel management solutions software market above water.

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One of the main considerations driving the multicarrier parcel management solutions software market development is the capacity for transporters to have restrictive admittance to dashboards, reports, and other significant estimations that take into account fair business direction.

Besides, the reception of multicarrier parcel management solutions software is supposed to help the multicarrier parcel management solutions software market share by expanding the organization of multicarrier parcel management solutions software among SEMs organizations.

 Key Takeaways:

  • The multicarrier parcel management solutions software market in the United States is expected to reach US$ 467.3 million by 2032, growing at an annual rate of 8.7%.
  • By 2032, the multicarrier parcel management solutions software market in the United Kingdom is expected to be worth US$ 58.8 million, growing at an annual rate of 8.2%.
  • China’s multicarrier parcel management solutions software market is expected to reach US$ 90.9 Million by 2032, with a CAGR of 8.4% through 2032.
  • The multicarrier parcel management solutions software market in Japan is expected to be valued US$ 76.6 Million by 2032, expanding at an 8.5% annual rate through 2032.
  • South Korea is expected to reach a market size of US$ 54.5 Million in multicarrier parcel management solutions software by 2032, with a CAGR of 8.3% through 2032.
  • The multicarrier parcel management solutions software market’s cloud based segment from the deployment category is predicted to develop at a CAGR of 8.9% through 2032.
  • Through 2032, large enterprises sector in the multicarrier parcel management solutions software market’s organization site category will grow at a CAGR of 9.1%.

Competitive Landscape:

New market research report on multicarrier parcel management solutions software shows that the legacy players in the multicarrier parcel management solutions software market are concentrating on delivering solutions that meet specific needs, such as the installation of various technologies and the update and extension of current systems that will boost the multicarrier parcel management solutions software market key trends & opportunities.

The multicarrier parcel management solutions software market is dominated by Centiro , ConnectShip, Inc. , MetaPack , ProShip, Inc. , Pitney Bowes Inc. 

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Recent Development in the Multicarrier Parcel Management Solutions Software Market:

Acquisition:

  • ShipTrack, a cloud-based mobile resource management and multicarrier parcel management solutions software, was acquired by Descartes Systems Group in November 2020.

Product Launches:

  • The Descartes Systems Group, Inc. launched an Internet-based transportation management system in August 2020. (e-TMS). Transport order management, multi-modal carrier assignment, multi-modal rating engine, rate shopping, load tendering, and integrated invoicing accounting capabilities are all available through E-TMS.
  • Pitney Bowes, Inc. will launch SendPro+ shipping solutions in July 2020. With this shipping and mailing solution, businesses can choose the best Royal Mail and Parcelforce Worldwide option for each parcel and letter.
  • Metapack launched Metapack Returns in February of this year. Pre-printed return labels, a platform for branded returns, and a solution for international returns are all included in Metapack Returns. The launch would demonstrate Metapack’s commitment to improving its customers’ post-purchase experience.

What is the Segmentation Outlook of the Multicarrier Parcel Management Solutions Software Market?

The multicarrier parcel management solutions software market has been divided into three categories deployment mode, organisation size, and region.

The multicarrier parcel management solutions software market has been divided into on-premise and cloud deployment modes.

The multicarrier parcel management solutions software market has been divided into SME and large enterprise segments based on company size.