Waterway transportation software and service Market: Global Industry Analysis and Forecast (2021-2027) Trends

Waterway transportation software and service Market was valued at US$ 83.19 Bn. in 2021. Global Waterway transportation software and service Market size is expected to grow at a CAGR of 7.9 % through the forecast period.

Waterway transportation software and service Market Overview:

Waterway transportation software and services are used by shipping companies to increase their business performance and security purposes. As this software and services play important role in decreasing the operation cost and supporting business performance, Due to this shipping companies are adopting new technologies. Waterway transportation software and service Market To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis especially with the impact of lockdown by region.

Waterway transportation software and service Market Dynamics:

The major factors which are driving the market growth include an increase in usage of machine to machine communication, optimization of business insight for tracking shipments and supply chain management. An increase in demand for advancement in communication technology, performance analysis and real-time data for improving competition to grow the business is expected to elevate the waterway transportation software and service market. Further, Development in underwater communication due to Wife enabled underwater modems for navigation and advanced sensors are the factors for boosting the market. The shift in wireless communication from wired systems is one of the important factors for the increase in demand for waterway transportation software and the service market. As there has been commercial pressure to arrive on time, The Containers are stacked beyond their capacity which resulted in the cargo sinking and toppling over, as a result of this supply chains and retailers are facing huge financial losses. Such factors are creating a poor impact on waterway transportation software and the service market. An increase in Demand for containerization and the development of new ports has affected the growth of the market. Moreover, due to a lack of awareness about the new advanced software, the growth of waterway transportation software and services has been affected. Moreover, privacy concerns and ship accidents influenced software companies to create solutions to crucial problems. These factors led to creating various opportunities in the waterway transportation software and service market. However, due to the increase in demand for cloud solutions and cloud-based technologies as cloud solutions have better security tend to grow the waterway transportation software and services market through the forecast period. As many companies are focusing on becoming carbon neutral, companies are using this software for optimization purposes. Also, with an increase in adaptation of modern waterway transport solution by defence system for better communication and growing unmanned underwear vehicles has gained huge demand for waterway transportation software and services market.

Waterway transportation software and service Market Segment Analysis:

By Deployment, the waterway transport software and service are classified into on-premise, cloud and hybrid models. The cloud segment is expected to grow at the highest CAGR of 7.8% through the forecast period. Cloud based software’s cost-efficient as compared to the on-promise models. The surge in cloud based services and cloud computing to enhance data availability from remote locations is also supporting to grow the waterway transportation software and service market. By End Users, the waterway transportation software and services market is segmented into Energy & Power, Retail & consumer goods, Mining oil & gas, Chemical Food & Beverages, Healthcare & Pharmaceutical, and Military & Defense. The consumer goods and retail sector dominated the waterway transportation software and service market in 2021. According to MMR research Development in ships shows a growth of 4.2%, reflected in the growth of the supply chain which is expected to assist the growth of waterway transportation software and research. Waterway transportation software and service Market

Waterway transportation software and service Market Regional Insights:

By Regional analysis waterway transportation software and service market is classified into Europe, North America, South America, MEA and APAC. North America region is significantly dominated the waterway transportation software and service market by 36% in 2021, Due to major investments in the defence sector and research. Moreover, According to MMR research, the free trade agreements by the United States between 20 countries accelerate the growth of transport and services. The surge in investments towards water transport, port infrastructures, and increase in the use of unmanned underwater vehicles by defence systems is one of the major factors that drive the growth of waterway transportation software and services. Waterway transportation software and services are most important in the global transportation market, as about 81% of the heavy volume is transported through waterway transportation. Previously the waterway transportation consists of rivers and harbours, nowadays it has expanded into river port sand canals. For past decades the waterway transportation market is facing an economic crisis but due to emergence of new markets in developing countries like the Asia Pacific region is one of the major factors driving the market. The objective of the report is to present a comprehensive analysis of the Global Waterway transportation software and service Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Waterway transportation software and service Market dynamic, structure by analyzing the market segments and projecting the Waterway transportation software and service Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Waterway transportation software and service Market make the report investor’s guide.

Waterway transportation software and service Market Scope: Inquire before buying

Global Waterway transportation software and service Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 59.95 Bn.
Forecast Period 2022 to 2027 CAGR: 5.87% Market Size in 2027: US $ 89.37 Bn.
Segments Covered: by Deployment • On-Premise • Cloud • Hybrid
by End User • Energy & power • Retail & consumer goods • Mining Oil & gas • Chemical Food & Beverages • Healthcare & Pharmaceutical • Military & Defense

Waterway transportation software and service Market by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Waterway transportation software and service Market Key Players

Zero North • SAP SE • Veson Nautical Corporation • Aljex Software • High Jump Software • Trans-I Technologies • Accenture PLC • Bass Software Ltd. • Cognizant Technology Solution • Descartes Systems Group • DNV GL Group Frequently Asked Questions: 1] What segments are covered in the Global Waterway transportation software and service Market report? Ans. The segments covered in the Waterway transportation software and service Market report are based on Deployment and End User. 2] Which region is expected to hold the highest share in the Global Waterway transportation software and service Market? Ans. The North America region is expected to hold the highest share in the Waterway transportation software and service Market. 3] What is the market size of the Global Waterway transportation software and service Market by 2027? Ans. The market size of the Global Waterway transportation software and service Market by 2027 is expected to reach US$ 131.28 Bn. 4] What is the forecast period for the Global Waterway transportation software and service Market? Ans. The forecast period for the Waterway transportation software and service Market is 2022-2027. 5] What was the market size of the Global Waterway transportation software and service Market in 2021? Ans. The market size of the Waterway transportation software and service Market in 2021 was valued at US$ 83.19 Bn.
1. Global Waterway transportation software and service Market: Research Methodology 2. Global Waterway transportation software and service Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Waterway transportation software and service Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Waterway transportation software and service Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Waterway transportation software and service Market Segmentation 4.1. Global Waterway transportation software and service Market, by Deployment (2022-2027) • On Premise • cloud • Hybrid 4.2. Global Waterway transportation software and service Market, by End User (2022-2027) • Energy & power • Consumer Goods & services • Mining oil & gas • Chemical Food & Beverages • Healthcare & Pharmaceutical • Military & Defense 5. North America Waterway transportation software and service Market(2022-2027) 5.1 North American Waterway transportation software and service Market, By Deployment (2022-2027) • On Premise • cloud • Hybrid 5.2 North America Waterway transportation software and service Market, By End User (2022-2027) • Energy & power • Consumer Goods & services • Mining oil & gas • Chemical Food & Beverages • Healthcare & Pharmaceutical • Military & Defense 5.3 North America Waterway transportation software and service Market, by Country (2022-2027) • United States • Canada • Mexico 6. Europe Waterway transportation software and service Market (2022-2027) 6.1. Europe Waterway transportation software and service Market, By Deployment (2022-2027) 6.2. Europe Waterway transportation software and service Market, By End User (2022-2027) 6.3 Europe Waterway transportation software and service Market, by Country (2022-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Waterway transportation software and service Market (2022-2027) 7.1. Asia Pacific Waterway transportation software and service Market, By Deployment (2022-2027) 7.2. Asia Pacific Waterway transportation software and service Market, By End User (2022-2027) 7.3. Asia Pacific Waterway transportation software and service Market, by Country (2022-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Waterway transportation software and service Market (2022-2027) 8.1. Middle East and Africa Waterway transportation software and service Market, By Deployment (2022-2027) 8.2. Middle East and Africa Waterway transportation software and service Market, By End User (2022-2027) 8.3. Middle East and Africa Waterway transportation software and service Market, by Country (2022-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Waterway transportation software and service Market (2022-2027) 9.1. South America Waterway transportation software and service Market, By Deployment (2022-2027) 9.2. South America Waterway transportation software and service Market, By End User (2022-2027) 9.3 South America Waterway transportation software and service Market, by Country (2022-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Zero North 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. SAP SE 10.3. Veson Nautical Corporation 10.4. Aljex Software 10.5. High Jump Software 10.6. Trans-I Technologies 10.7. Accenture PLC 10.8. Bass Software Ltd. 10.9. Cognizant Technology Solution 10.10. Descartes Systems Group 10.11. DNV GL Group

About This Report

Report ID 148506
Category Information Technology & Telecommunication
Published Date May 2022
Updated Date
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