Waterway Transportation Software Global Market Report 2024

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Global Waterway Transportation Software Market Report 2024

Waterway Transportation Software Global Market Report 2024 – By Solutions (Warehousing, Vessel Tracking, Freight Security, Yard Management, Audit And Claim, Ship Broker Software, Maritime Software, Other Solutions), By Services (Managed Services, Consulting Or Customization Services, Training Services), By Deployment Model (On-Premises, Cloud, Hybrid), By Industry Vertical (Consumer And Retail, Oil And Gas, Industrial And Manufacturing, Energy And Mining, Aerospace And Defense, Construction, Chemicals, Pharmaceuticals And Healthcare, Food And Beverages, Other Industry Vertical ) – Market Size, Trends, And Global Forecast 2024-2033

Waterway Transportation Software Global Market Report 2024

Starting Price : $4000.00 | Pages : 175 | Published : May 2024 | Delivery Time: 2-3 business days | Format : pdf

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Waterway Transportation Software Global Market Report 2024

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Waterway Transportation Software Market Definition And Segments

Waterway transportation software refers to digital tools and applications specifically designed to streamline and optimize various aspects of waterborne transportation operations. These software solutions are utilized by businesses and organizations involved in maritime activities, including shipping companies, logistics providers, port authorities, and maritime agencies.

The main solutions of waterway transportation software are warehousing, vessel tracking, freight security, yard management, audit and claim, ship broker software, maritime software, and others. Warehousing refers to the tools and systems designed to manage the storage and handling of goods at warehouses located along waterways. It includes features for inventory management, order processing, and logistics coordination within warehouse facilities. The services included are managed services, consulting or customization services and training services, which are deployment through on-premises, cloud and hybrid. The industry vertical are consumer and retail, oil and gas, industrial and manufacturing, energy and mining, aerospace and defense, construction, chemicals, pharmaceuticals and healthcare, food and beverages, and others.

The waterway transportation software market covered in this report is segmented –

1) By Solutions: Warehousing, Vessel Tracking, Freight Security, Yard Management, Audit And Claim, Ship Broker Software, Maritime Software, Other Solutions

2) By Services: Managed Services, Consulting Or Customization Services, Training Services

3) By Deployment Model: On-Premises, Cloud, Hybrid

4) By Industry Vertical: Consumer And Retail, Oil And Gas, Industrial And Manufacturing, Energy And Mining, Aerospace And Defense, Construction, Chemicals, Pharmaceuticals And Healthcare, Food And Beverages, Other Industry Vertical

The waterway transportation software market size has grown strongly in recent years. It will grow from $69.33 billion in 2023 to $75.39 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to globalization, regulatory compliance, rising fuel costs, and supply chain optimization.

The waterway transportation software market size is expected to see strong growth in the next few years. It will grow to $106.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to digital transformation, sustainability initiatives, infrastructure investments, e-commerce growth, resilience, and risk management. Major trends in the forecast period include increased integration, focus on predictive analytics, adoption of AI and machine learning, expansion of cloud-based solutions, and emphasis on cybersecurity.

Impact Of Increasing Maritime Trade On Waterway Transportation Software Market

Increasing maritime trade activities are expected to propel the growth of the waterway transportation software market. Maritime trade activities refer to the commercial exchange of goods and services conducted via sea routes using ships and vessels. Maritime trade is increasing due to globalization, expanded markets, better shipping technology, new routes, and rising global demand for goods, along with improved infrastructure and economic policies. Waterway transportation software is utilized in maritime trade for optimizing vessel scheduling, route planning, cargo logistics, regulatory compliance, and real-time communication among stakeholders. For instance, in September 2023, according to the data published by the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental body, maritime trade is projected to experience 2.4% growth in 2023, with further increases of over 2% anticipated between 2024 and 2028. Specifically, containerized trade volumes are forecast to rise by 1.2% in 2023. Therefore, the increasing waterborne trade activities will drive the growth of waterway transportation software market.

Major companies operating in the waterway transportation software market are Maersk A/S, Accenture plc, Oracle Corporation, SAP SE, Danaher Corporation, ABB Ltd., Cognizant Technology Solutions Corporation, Zebra Technologies Corporation, Flexport Inc., Kirby Corporation, DNV GL AS, American Commercial Lines Inc., Descartes Systems Group Inc., Aquatic Informatics Inc., LogiNext Solutions Pvt. Ltd., Jibe, Geniuserp, FourKites Inc., Trans-I Technologies Inc., Bass Software Solutions, Hidrovuas do Brasil, XPV Water Partners, Zero North, Veson Nautical Corporation, ABS Wavesight, FRETRON, Nautical Corporation

Cloud-Based Solutions Transforming Waterway Transportation

Major companies in the waterway transportation software market are increasing their reliance on technologies such as cloud-based transport management systems to maintain competitiveness and enhance operational efficiency. This cloud-based transport management system provides functionalities such as route optimization, real-time tracking, inventory management, freight scheduling, and performance analytics, accessible from any internet-connected device. For instance, in September 2023, CocoonFMS Ltd., a UK-based logistics software company, unveiled CocoonOPS, its latest transport management system designed to revolutionize operations for freight forwarders. CocoonOPS aims to transform freight forwarding operations, particularly for small and medium-sized businesses, by offering real-time shipment tracking for air, sea, road, and rail, as well as features such as demurrage and detention cost calculations, customizable workflows, automated tasks, and document generation.

Veson Nautical Expands With Oceanbolt Acquisition

In September 2021, Veson Nautical, a US-based software development and maritime freight management solutions company, acquired Oceanbolt for an undisclosed amount. The acquisition allowed Veson Nautical to gain a wide range of products along with the precise and functional algorithms developed by Oceanbolt deep industry expertise. Oceanbolt is a Norway-based maritime shipping intelligence company offering bulker tracking platforms for transportation and trade flow management.

North America was the largest region in the waterway transportation software market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the waterway transportation software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the waterway transportation software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The waterway transportation software market consists of revenues earned by entities by providing tracking, scheduling, and managing logistics services for waterway transportation. The market value includes the value of related goods sold by the service provider or included within the service offering. The waterway transportation software market also includes sales of computers, networking devices, sensors, GPS systems, communication devices, and other specialized equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The waterway transportation software market research report is one of a series of new reports from The Business Research Company that provides waterway transportation software market statistics, including the waterway transportation software industry global market size, regional shares, competitors with waterway transportation software market share, detailed waterway transportation software market segments, market trends, and opportunities, and any further data you may need to thrive in the waterway transportation software industry. This waterway transportation software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Waterway Transportation Software Market Report Scope

Report Attribute	Details
Market Size Value In 2024	$75.39 billion
Revenue Forecast In 2033	$106.88 billion
Growth Rate	CAGR of 9.1% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Solutions: Warehousing, Vessel Tracking, Freight Security, Yard Management, Audit And Claim, Ship Broker Software, Maritime Software, Other Solutions 2) By Services: Managed Services, Consulting Or Customization Services, Training Services 3) By Deployment Model: On-Premises, Cloud, Hybrid 4) By Industry Vertical: Consumer And Retail, Oil And Gas, Industrial And Manufacturing, Energy And Mining, Aerospace And Defense, Construction, Chemicals, Pharmaceuticals And Healthcare, Food And Beverages, Other Industry Vertical
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled	Maersk A/S; Accenture plc; Oracle Corporation; SAP SE; Danaher Corporation; ABB Ltd; Cognizant Technology Solutions Corporation; Zebra Technologies Corporation; Flexport Inc.; Kirby Corporation; DNV GL AS; American Commercial Lines Inc; Descartes Systems Group Inc.; Aquatic Informatics Inc; LogiNext Solutions Pvt. Ltd.; Jibe; Geniuserp; FourKites Inc.; Trans-I Technologies Inc.; Bass Software Solutions; Hidrovuas do Brasil; XPV Water Partners; Zero North; Veson Nautical Corporation; ABS Wavesight; FRETRON; Nautical Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

Table Of Contents

1. Executive Summary

2. Waterway Transportation Software Market Characteristics

3. Waterway Transportation Software Market Trends And Strategies

4. Waterway Transportation Software Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Waterway Transportation Software Market Size and Growth

5.1. Global Waterway Transportation Software Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Waterway Transportation Software Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Waterway Transportation Software Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Waterway Transportation Software Market Segmentation

6.1. Global Waterway Transportation Software Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Warehousing

Vessel Tracking

Freight Security

Yard Management

Audit And Claim

Ship Broker Software

Maritime Software

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Frequently Asked Questions

What is the definition of the waterway transportation software market?

How will the waterway transportation software market drivers and restraints affect the waterway transportation software market dynamics? What forces will shape the waterway transportation software industry going forward?

The waterway transportation software market major growth driver - Impact Of Increasing Maritime Trade On Waterway Transportation Software Market. For further insights on the waterway transportation software market, request a sample here

What is the forecast market size or the forecast market value of the waterway transportation software market?

The waterway transportation software market size has grown strongly in recent years. It will grow from $69.33 billion in 2023 to $75.39 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to globalization, regulatory compliance, rising fuel costs, and supply chain optimization. The waterway transportation software market size is expected to see strong growth in the next few years. It will grow to $106.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to digital transformation, sustainability initiatives, infrastructure investments, e-commerce growth, resilience, and risk management. Major trends in the forecast period include increased integration, focus on predictive analytics, adoption of AI and machine learning, expansion of cloud-based solutions, and emphasis on cybersecurity. For further insights on the waterway transportation software market, request a sample here

How is the waterway transportation software market segmented?

The waterway transportation software market is segmented
1) By Solutions : Warehousing, Vessel Tracking, Freight Security, Yard Management, Audit And Claim, Ship Broker Software, Maritime Software, Other Solutions
2) By Services : Managed Services, Consulting Or Customization Services, Training Services
3) By Deployment Model : On-Premises, Cloud, Hybrid
4) By Industry Vertical : Consumer And Retail, Oil And Gas, Industrial And Manufacturing, Energy And Mining, Aerospace And Defense, Construction, Chemicals, Pharmaceuticals And Healthcare, Food And Beverages, Other Industry Vertical For further insights on the waterway transportation software market, request a sample here

Which region has the largest share of the waterway transportation software market? What are the other regions covered in the report?

North America was the largest region in the waterway transportation software market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the waterway transportation software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the waterway transportation software market, request a sample here.

Who are the major players in the waterway transportation software market?

Major companies operating in the waterway transportation software market are Maersk A/S, Accenture plc, Oracle Corporation, SAP SE, Danaher Corporation, ABB Ltd, Cognizant Technology Solutions Corporation, Zebra Technologies Corporation, Flexport Inc., Kirby Corporation, DNV GL AS, American Commercial Lines Inc, Descartes Systems Group Inc., Aquatic Informatics Inc, LogiNext Solutions Pvt. Ltd., Jibe, Geniuserp, FourKites Inc., Trans-I Technologies Inc., Bass Software Solutions, Hidrovuas do Brasil, XPV Water Partners, Zero North, Veson Nautical Corporation, ABS Wavesight, FRETRON, Nautical Corporation For further insights on the waterway transportation software market, request a sample here.

What are the key trends in the waterway transportation software market?

Major trend in the waterway transportation software market - Cloud-Based Solutions Transforming Waterway Transportation. For further insights on the waterway transportation software market, request a sample here.

What are the major opportunities in the waterway transportation software market? What are the strategies for the waterway transportation software market?

For detailed insights on the major opportunities and strategies in the waterway transportation software market, request a sample here.

How does the waterway transportation software market relate to the overall economy and other similar markets?

For detailed insights on waterway transportation software market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the waterway transportation software industry?

For detailed insights on the mergers and acquisitions in the waterway transportation software industry, request a sample here.

What are the key dynamics influencing the waterway transportation software market growth? SWOT analysis of the waterway transportation software market.

For detailed insights on the key dynamics influencing the waterway transportation software market growth and SWOT analysis of the waterway transportation software industry, request a sample here.