September 24, 2023

As per a recent market analysis by Fortune Business Insights Pvt Ltd , the global Air Freight Software Market is poised to reach a valuation of USD 7.41 Billion in 2030. Sales are projected to increase at a 2.3% CAGR. The Air Freight Software Market research examines the competitive environment on a national, regional, and international level as well as market sizes, segmentation, growth, and market share. The impact of Air Freight Software Market participants, supply chain optimization, and trade rules are all examined in the study. Recent trends, opportunities analysis, a strategic market growth analysis, product introductions, shifting market dynamics, and technological breakthroughs are all covered in the report.

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Report Drivers & Trends Analysis:

The “Air Freight Software Market” is set to grow at around CAGR during 2023-2030 Research report is an in-depth study of the market Analysis. Market growth drivers, supply and demand, risks, market attractiveness, annual growth comparison, analysis and SWOT analysis. Air Freight Software Market report gives an inside and out audit of the Expansion Drivers, Potential Challenges, Distinctive Trends, and Opportunities for Market Players. Our Research experts have carried out detailed checks of the critical environment and have predicted the methodological structure used by market participants. The primary goal of the business report is to supply key insights on competition positioning, current scope, market potential, growth rates, and alternative relevant statistics.

Key Companies Covered in Air Freight Software Market are:

  • Champ Cargosystems  (Luxembourg)
  • Freight Pop (U.S.)
  • Freightdata 2000 (U.K.)
  • IBS (India)
  • Inform Software (U.S.)
  • Magaya (U.S.)
  • Riege Software (Germany)
  • The Descartes Systems Group Inc. (Canada)
  • TMSfirst (U.S.)
  • WiseTech Global (Australia)

The global Air Freight Software Market is expected to grow significantly in the future, owing to rising demand for the product, increased awareness of the product, and major expenditures to improve product efficiency and close the demand-supply gap in the market.

Drivers and Restraints

Emergence of New Cargo Airlines to Propel the Demand for the Service

Emergence of new cargo airlines is anticipated to drive the air freight software market growth. With more and more airlines emerging, the need for advanced software for managing cargo operations is also emerging. In October 2022, India launched “Pradhna Air Express”, a new cargo airline, which was set up after the COVID-19 pandemic and changed perceptions of India’s air cargo sector, with existing passenger airlines also operating in the sector.

However, data breaches and cyber-attacks can cause disruption in business operations and cause downtime, which are expected to hamper the market growth.

Major Key Contents Covered in Market:

An overview of the global Air Freight Software Market, and related technologies and developments. Analyses of global market trends, with historical data and projections of CAGRs. It also includes breakdowns of the overall Air Freight Software Market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Air Freight Software Market and comprehensive profiles of leading companies in the industry.

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Regional Analysis:

☑ North America (US, Canada, Mexico), Market size, Growth Market size, growth & Opportunity Analysis, Future forecast & Opportunity Analysis

☑ Europe (Germany, Russia, UK, France, Italy, Spain, The Netherlands, Rest of Europe), Market size, growth, Future forecast & Opportunity Analysis

☑ Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific), Market size, Future forecast & Opportunity Analysis

☑ Middle East and Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), North Africa, South Africa, Rest of Middle East and Africa), Market size, Future forecast & Opportunity Analysis

☑ South America (Brazil, Argentina, Colombia, Rest of South America), Market size, Future forecast & Opportunity Analysis

Key Industry Development

  • December 2022- WiseTech Global announced that IAG Cargo will be directly integrated with CargoWise to allow airlines to efficiently select, book, confirm, and modify packages in real-time from the industry-leading logistics fulfillment platform.

Key Reasons to Purchase Air Freight Software Market:

  • The analysis accurately identifies high-performing regional markets, which helps market players find investment opportunities
  • The research report incorporates contemporary research approaches, such as SWOT and Porter’s Five Forces analysis, to give readers deeper insights into key organizations.
  • It provides an in-depth analysis of changing market trends, current and future technologies in use, and various strategies adopted by major Air Freight Software Market players globally.
  • Providing recommendations and advice to new entrants to the global Air Freight Software Market and carefully guiding existing players towards further market growth
  • A side from the hottest tech advancements in the global Air Freight Software Market, the future plans of industry powerhouses are revealed.

The following are some of the most frequently asked questions (FAQs):

Q1. What are the applications of the Air Freight Software Market?

Q2. Who are the potential customers of the Air Freight Software Market?

Q3. How can I get a report sample of the Air Freight Software Market?

Q4. What are the key trends in Air Freight Software Market?

Q5. Who are the leading players in Air Freight Software Market?

Q6. How can I get statistical data on the top market players in the Air Freight Software Market?

Q7. Which segment holds the maximum share of the Air Freight Software Market?

Q8. What is the total market value of the Air Freight Software Market?

Q9. What is the CAGR of the Air Freight Software Market?

Q10. Which region will provide more business opportunities for Air Freight Software Market in the coming years?

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