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

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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.

Cargo Management Market Summary

Study Period

2023 – 2029

Base Year

2023

CAGR

3.7%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Cargo Management Market Dynamics

The rising number of fast courier deliveries across the world is the major driving factor for the Cargo Management Market during the forecast period. E-commerce is the major market driver in cargo shipping when any order is placed, the company wants instant deliveries of that product which influence the use of the fasted mode of transportation, Air cargo is the fastest transportation mode, and the cost factor makes it an expensive way for transport. Hence, this will drive global market growth at a significant rate.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Cargo Management Market Segmentation

By Transportation Mode
  • Water
  • Road
  • Rail
  • Air
By Application
  • Cloud-based
  • On-premises
  • Hybrid Solutions
By End User
  • Trading
  • Logistics
  • Courier
  • Delivery Services
  • Others
By Geography
  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA
LOCATION

Geography

Frequently Asked Questions

Cargo Management Market 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

The leading players in the Cargo Management Market are; J. B. Hunt Transport Services, Inc., C. H. Robinson Worldwide Inc., Ceva Holdings LLC, FedEx Corporation, United Parcel Service of America Inc., Expeditors International of Washington Inc, XPO Logistics Inc, and Kenco Group Inc.

Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation, and Seven years forecast is presented from 2023 – 2029.

  • J. B. Hunt Transport Services, Inc.
  • C. H. Robinson Worldwide Inc.
  • Ceva Holdings LLC
  • FedEx Corporation
  • United Parcel Service of America Inc.
  • Expeditors International of Washington Inc
  • XPO Logistics Inc
  • Kenco Group Inc.