Global Shipping Software market will reach 2240 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/6/4

End-Users of Shipping Software can be segmented into four types: CEP, Air & Ocean forwarding, Contract Logistics Land, In-house and others. Land and In-house/Other takes a bigger market size of about 56% of total global share in 2017, and CEP segment is the fast growing downstream user group in the world at present.

Currently, the market concentration rate is very low. Regional characteristics of products are obvious. Leading international players include Pitney Bowes, Metapack, Temando, Stamps.com, WiseTech Global and some others. Pitney Bowes, Stamps.com, ADSI, ReadyCloud, LLC., Shipwire and Metapack are major players in USA market, Metapack, Pitney Bowes, WiseTech Global, Temando, Shipwire are well-known shipping software players in Europe market. There are many small local players spread in each separate countries, to meet the needs of local logistic system.

In 2017, the global Shipping Software market size was 1160 million US$ and it is expected to reach 2240 million US$ by the end of 2025, with a CAGR of 8.5% during 2018-2025.

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