A $16.8 Billion Global Opportunity for Logistics Services Software by 2026 - New Research from StrategyR

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Logistics Services Software - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 21452
Companies: 44 - Players covered include Cisco Systems, Inc.; Honeywell International, Inc.; IBM Corporation; Oracle Corporation; SAP SE and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Transportation Management System (TMS), Warehouse Management System (WMS))
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Logistics Services Software Market to Reach $16.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Logistics Services Software estimated at US$10.2 Billion in the year 2020, is projected to reach a revised size of US$16.8 Billion by 2026, growing at a CAGR of 8.6% over the analysis period. Transportation Management System (TMS), one of the segments analyzed in the report, is projected to record a 9% CAGR and reach US$11.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Warehouse Management System (WMS) segment is readjusted to a revised 8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.3 Billion in 2021, While China is Forecast to Reach $2.9 Billion by 2026
The Logistics Services Software market in the U.S. is estimated at US$3.3 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2026 trailing a CAGR of 8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.