Logistic Software Market

Benefits if using logistics software is driving the market growth

Benefits of employing logistics software, such as cost and time savings, appropriate labour management, and the rapid development of digital technology in developing nations are all contributing to the market's rapid growth. Benefits of employing logistics software, such as cost and time savings, appropriate labour management, and the rapid development of digital technology in developing nations are all contributing to the market's rapid growth. Another significant element propelling the market's expansion is an increase in the demand for logistics and transportation services on a scale.

Vendors are providing software solutions with cutting-edge technologies like AI in order to take advantage of the increased usage of logistics software solutions. In order to cut lead times and transportation costs, the supply chain uses AI to estimate demand, plan demand and supply forecasts, optimise warehouse stock management, and ensure delivery accuracy.

Furthermore, due to the widespread use of cellphones and the internet, the e-commerce sector is expanding quickly. Since doorstep deliveries are a part of the e-commerce industry, the expansion of that sector directly affects the growth of the logistics sector. The transportation and warehousing sectors' logistics service providers are putting digital solutions into place to boost productivity. Additionally, these systems give e-commerce businesses updates on stock and goods forwarding. WMS software solutions offer precise information about inside and outward stock and aid end users in inventory management.

In order to benefit from the expansion of the market, suppliers are now working together with logistics service providers.

The expansion of the retail and e-commerce sectors, constant technological innovation that frequently results in the introduction of novel solutions, and the improvement of bilateral trade ties between various countries are other elements that are propelling the industry. However, the COVID-19 pandemic's exceptional circumstances had a negative impact on the industry's new sales and installations. Retail sector disruption brought on by forced lockdowns, a shift in consumer buying patterns, and a rise in supply chain inconsistencies with regulatory constraints may impede market expansion.

The rate at which Logistic software was adopted ultimately suffered as a result of large system producers temporarily ceasing business due to disruptions in the supply of components. On the other hand, vigorous use is being made of the transport management systems already in place around the world. Additionally, the unavoidable use of technology in disaster relief and the increasing significance of data-driven solutions in the transportation and logistics sector to reduce the pandemic's unexpected consequences greatly expand the potential for the use of logistics software in the future.

The use of logistics software by market leaders in numerous business verticals improves customer service while lowering overall costs, increasing shipment efficiency, and providing real-time supply chain visibility.

The goal of logistics software is to offer fresh approaches to optimisation that may boost operational effectiveness and increase ROI for end customers.Thus, driving the Logistic Software market revenue.

The globalization of trade significantly influences the Global Logistic Software Market Industry. As businesses expand their operations internationally, the complexity of logistics increases, necessitating sophisticated software solutions to manage cross-border shipments, customs compliance, and international regulations. This trend is particularly pronounced in emerging markets, where trade agreements and economic partnerships are fostering growth. The industry's projected growth from 10.9 USD Billion in 2024 to 28.1 USD Billion by 2035 indicates the increasing need for robust logistic software to navigate the intricacies of global supply chains.

The growing emphasis on sustainability within the Global Logistic Software Market Industry is shaping logistics strategies. Companies are increasingly seeking software solutions that enable them to minimize their carbon footprint and optimize resource utilization. This includes route optimization to reduce fuel consumption and implementing eco-friendly practices in warehousing. As consumers become more environmentally conscious, businesses are compelled to adopt sustainable logistics practices. The anticipated growth from 10.9 USD Billion in 2024 to 28.1 USD Billion by 2035 suggests that sustainability will play a pivotal role in driving the adoption of logistic software solutions.

The Global Logistic Software Market Industry is projected to grow significantly, with estimates indicating an increase from 10.9 USD Billion in 2024 to 28.1 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 8.99% from 2025 to 2035, highlighting the increasing reliance on logistic software solutions across various sectors. The expansion is likely driven by factors such as the rising demand for supply chain efficiency, the integration of advanced technologies, and the globalization of trade. These dynamics collectively contribute to a robust market outlook for logistic software.

The integration of advanced technologies such as artificial intelligence and machine learning into the Global Logistic Software Market Industry is transforming logistics operations. These technologies facilitate predictive analytics, enabling companies to anticipate demand fluctuations and optimize inventory levels accordingly. Furthermore, automation in warehousing and transportation management enhances operational efficiency. As organizations adopt these innovations, they are likely to gain a competitive edge, which may contribute to the market's growth trajectory. The anticipated expansion from 10.9 USD Billion in 2024 to 28.1 USD Billion by 2035 reflects the industry's adaptation to technological advancements.

The necessity for regulatory compliance and risk management is a critical driver in the Global Logistic Software Market Industry. Companies face stringent regulations regarding transportation, safety, and environmental standards, necessitating software solutions that ensure compliance and mitigate risks. Logistic software can assist in tracking compliance metrics and managing documentation, thereby reducing the likelihood of penalties and operational disruptions. As the market evolves, the demand for software that addresses these compliance challenges is expected to grow, contributing to the industry's projected expansion from 10.9 USD Billion in 2024 to 28.1 USD Billion by 2035.

The Global Logistic Software Market Industry experiences a notable surge in demand for enhanced supply chain efficiency. As businesses strive to optimize operations, logistic software solutions provide tools for real-time tracking, inventory management, and route optimization. This trend is particularly evident in sectors such as e-commerce and manufacturing, where timely deliveries are crucial. The industry's projected growth from 10.9 USD Billion in 2024 to 28.1 USD Billion by 2035, with a CAGR of 8.99% from 2025 to 2035, underscores the increasing reliance on technology to streamline logistics processes.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific Logistic Software market dominated this market in 2022 (45.80%). Over the forecast period, it is anticipated that the expanding retail and e-commerce sectors in India, China, Singapore, and Indonesia will propel regional expansion. It is also predicted that the efforts being followed and the policies being created by various companies in the area to foster the expansion of intelligent transportation would help to the region's development.

Moreover, China’s Logistic Software market held the largest market share, and the Indian Logistic Software market was the fastest growing market in the Asia-Pacific region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: LOGISTIC SOFTWARE MARKET SHARE BY REGION 2022 (USD Billion)

Software Type: Secondary Research, Primary Research, MRFR Database and Analyst Review

The North America Logistic Software Market is expected to register significant growth from 2023 to 2032. Leading logistics software providers including Infor Inc., 3Glogistics software, Cerasis Inc., International Business Machines Corp., and MercuryGate International Inc. are present in the region, which is fostering market expansion.Further, the U.S. Logistic Software market held the largest market share, and the Canada Logistic Software market was the fastest growing market in the North America region.

Europe Logistic Software market accounted for the healthy market share in 2022.Roadways are frequently used as the principal means of freight transportation throughout Europe. One of the main factors influencing the industry in this area is the growth in local municipalities' expenditures for linked infrastructure for efficient transit.Further, the German Logistic Software market held the largest market share, and the U.K Logistic Software market was the fastest growing market in the European region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Logistic Software market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Logistic Software industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Logistic Software industry to benefit clients and increase the market sector. In recent years, the Logistic Software industry has offered some of the most significant advantages to medicine. Major players in the Logistic Software market, including Advantech Corporation, Digilogistics, UTI Worldwide Inc., Hexaware Technologies, IBM Corporation, JDA Software, Oracle, Samsung Electronics Co, SAP AG, and Tech Mahindra, are attempting to increase market demand by investing in research and development operations.

Enterprise software and services are offered by Infor Inc (Infor). A variety of corporate business software products and solutions are available from the company, including cloud suite, supply chain management, human resource management, enterprise asset management, and customer relationship management. Additional services include advising, deployment, managed, and client support. Education services like transformation and training services are among Infor's other offerings. It benefits the automotive, chemical, distribution, fashion, financial services, food and beverage, manufacturing, and healthcare industries in addition to aerospace and defence. Asia-Pacific, Europe, and the Americas are the company's operating regions.

The US city of New York City serves as the headquarters of Infor. To develop a supply chain solution, Infor Inc. teamed up with DB Schenker, a supplier of supply chain management and logistics solutions, in February 2022.

A transport management system created by MercuryGate International is intended to leverage the speed of automation and the strength of data. The business provides all-inclusive logistics solutions that specifically target all customer groups, including shippers, third-party logistics providers (3PLs), freight forwarders, freight brokers, and carriers. As a result, shipping and inventory costs are reduced, order-to-delivery cycle times are sped up, and the automated movement of goods throughout the supply chain is made possible. MercuryGate International, Inc. improved its TMS solution in February 2022 by incorporating smart transportation capabilities like integrated analytics, artificial intelligence, and machine learning.