According to IMARC Group’s new report, titled “India Freight Transportation Management Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' the India freight transportation management market is expected to exhibit a CAGR of 12.97% during 2022-2027. Looking forward, IMARC Group expects the global market to continue its robust growth during the forecast period (2022-2027).
Freight transportation management refers to a set of approaches employed to improve shipping efficiency, gain real-time supply chain visibility, reduce overhead freight expenses, and increase customer satisfaction. It includes the integration of human resources, technology, and expertise to ensure efficient coordination to maintain the supply chain. It also helps optimize, execute, and efficiently plan the movement of goods between the supplier and consignee. A freight transportation management system is, thus, widely used by distributors, retailers, third-party logistics (3PL) providers, and manufacturers across several industrial verticals.
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India Freight Transportation Management Market Trends:
The initiatives by the Government of India (GOI), such as ‘Make in India,’ has accelerated industrialization across the country, which, in turn, has surged the demand for secure and efficient freight transportation management systems. Additionally, the Government is heavily investing in the upgradation of existing transportation infrastructure and the development of dedicated freight corridors (DFC), which is accelerating the market growth. Apart from this, the integration of the internet-of-things (IoT), a global positioning system (GPS), and artificial intelligence (AI) to modernize and advance freight solutions are creating a positive outlook for the market.
India Freight Transportation Management Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the India freight transportation management market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
AccentureBlue Yonder Group IncPanasonic CorporationBluJay Solutions LtdH. Robinson Worldwide IncGeodisManhattan AssociatesOracleSAPSAR Transport SystemsIndia Private LimitedSofteonKey Market Segmentation:
The report has segmented the India freight transportation management market on the basis of fuel type, distribution channel and region.
Breakup by Solutions:
Freight Transportation Cost ManagementFreight Security and Monitoring SystemsFreight Mobility SolutionsFreight Operation Management SolutionsFreight 3PL SolutionsFreight Information Management SolutionsWarehouse Management SystemBreakup by Services:
Business ServicesManaged ServicesSystem IntegrationOthersBreakup by Deployment Type:
On-PremiseHosted/Cloud-BasedBreakup by Organization Size:
Small Medium Business (SMBs)Large BusinessBreakup by Mode of Transport:
RoadwaysRailwaysSeawaysAirwaysBreakup by Vertical:
AutomotiveConsumer and RetailAerospace and DefensePharmaceutical and HealthcareEnergyOthersBreakup by Region:
North IndiaWest and Central IndiaSouth IndiaEast IndiaAsk Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4031&flag=E
We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Key Highlights of the Report:
Market Performance (2016-2021)Market Outlook (2022- 2027)Porter’s Five Forces AnalysisMarket Drivers and Success FactorsSWOT AnalysisValue ChainComprehensive Mapping of the Competitive LandscapeIf you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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