Press Release / Technology / Logistic Software Market Research Report by Forecast to 2023

Logistic Software Market Research Report by Forecast to 2023

Market Highlights:
Growing infrastructural development and industries like oil & gas, healthcare in developed as well as developing regions the demand of logistic software increased continuously. In addition, factors such as increasing trend of internet of things (IoT), technological advancement in very industry is expected to grow the adoption of logistic software.
Logistic Software Market are also used in different industries like automotive, government & defense, healthcare, telecommunication and IT, industrial, engineering and manufacturing, oil & gas among others. Furthermore, booming telecommunication & IT and automotive industry is expected to boost the growth of the logistic software market over the forecast period, 2017-2023.
On the basis of software type, the market can be segmented into warehouse management, labor management, transportation management and data management. Out of these, transportation management software accounted for the largest market share majorly due to booming automotive industry.
On the basis of end-users, the market can be segmented into automotive, government & defense, healthcare, telecommunication and IT, industrial, engineering and manufacturing, oil & gas and others. Out of these, automotive and oil and gas segment together hold major share of the total market.
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Major Key Players:

Advantech Corportion
Digilogistics
UTI Worldwide Inc
Hexaware Technologies
IBM Corporation
JDA Software
Oracle
Samsung Electronics Co
SAP AG
Tech Mahindra

Regional Analysis:
The global logistic software market is expected to grow significantly over the forecast period, 2017-2023. Logistic software segment market globally drives the market majorly due to growing industries like automotive, oil & gas etc. Technological advancement in logistic as well as manufacturing field coupled with increasing digitalization are expected to grow the market at fast pace.
The global logistic software market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. These regions are further bifurcated into various countries including U.S., Canada, Mexico, UK, France, Germany, China, Japan and India.
North America region hold the largest share of the total logistic software market in terms of revenue followed by Europe. It is due to the presence of some high technology adoption in the region. U.S., Canada and Mexico are countries mainly contributing in the North America logistic software market. The North American system of transportation and logistics is emerging as an outcome of changes in trade and industries. The development of a globally oriented production and distribution system coupled with growing import export activities in countries increases the need of logistic software market.
Germany, The Netherlands, Belgium, The United Kingdom and Sweden are the leading logistics countries in Europe as consider to the quality of transport infrastructure, efficiency of clearance process and the timeliness of shipments. The development in relationship among European countries and the international import export activities will affect the European logistics market in coming year. This will affect the demand of logistic software’s in Europe positively. 
Asia-Pacific region is expected to grow over the forecast period due to the emerging countries like India and Japan. China is the world’s largest automobile production country due to which Asia Pacific is expected to dominate the global logistic software market in coming years. The rapid industrialization in Asia Pacific, particularly in China helps to grow the logistic software market in Asia Pacific. Furthermore, launch of the Make in India Initiative, India is poised to become the next global design and manufacturing hub which will expand the logistic software market in Asia Pacific. ’Make in India’ program is providing lot of job opportunities in the country. India is notes as a one of the fastest growing economy in the world.
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Segments For the purpose of this study, Market Research Future has segmented the market of Logistic Software into software type, end-users and region. By Software Type

Warehouse management
Labor management
Transportation management
Data management

By End-user

Automotive
Government & Defense
Healthcare
Telecommunication and IT
Industrial, Engineering and Manufacturing
Oil and Gas
Others

By Region
North America

U.S.
Canada
Mexico

Europe

UK
France
Germany
Rest of Europe

Asia-Pacific

China
Japan
India
Rest Of Asia Pacific

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