Cargo Management Market: By Transportation Mode (Water, Road, Rail, and Air), By Application (Cloud-based, On-premises, and Hybrid Solutions), By End User (Trading, Logistics, Courier, Delivery Services, and Others), and by Geography (North America, Europe, Asia Pacific, Latin America, and MEA) and Forecast to 2029

Cargo Management Market size was valued at USD 16,537.8 million in 2022 and it is expected to reach USD XX million in 2029, growing at a 3.7% CAGR from 2023 to 2029. Cargo management is designed to fulfill the needs of water cargo, road, rail, and air cargo, to manage such cargo solutions software deployed to transport and for tracking the products. Cargo management solutions encryption software provides communication between to vendor and the transporter and provides tracking of the order. Population growth and an increase in manufacturing demand various cargo management solutions to perform transport efficiently. Higher in the demand for transport activity worldwide also increase in export and import activity drives the market of cargo management. E-commerce websites and an increase in production lead to various opportunities in the cargo management market. Global cargo management of export and import covers 80% of demand availability around the world.  

Cargo Management Market Key Developments:
In January 2023, Amazon launches a dedicated Air cargo service in India to speed up deliveries.
In September 2022, Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co. wide-body freighters after missing out in a bid for Italy’s flag-carrier airline.