According to our latest market study on “Delivery Management Software Market to 2027 – COVID-19 Impact, and Global Analysis and Forecast – by Deployment Type (Cloud, and On-Premises); Enterprise Size (Small and Medium-Size Enterprises, and Large Enterprises); End User (Restaurant Delivery, Logistics, Courier Business, and Others); and Geography,” the market was valued at US$ 1594.25 million in 2019 and is projected to reach US$ 4011.82 million by 2027; it is expected to grow at a CAGR of 12.7% from 2020 to 2027.
In 2019, APAC led the global delivery management software market with more than 31.1% revenue share, followed by North America and Europe. China, India, Japan, South Korea, and Australia are among the major countries contributing to the delivery management software market in APAC. The rising adoption of advanced technologies in the logistics industry boosts the rate of adoption of delivery management software. Companies invest in software to streamline their business operations. In APAC, the fastest-growing markets for e-commerce are India and China. Consumers of these countries are highly inclined toward online shopping; owing to rising internet penetration, online shopping trends are transforming several areas of e-commerce in the region. With the right technology and logistics, it is easy to provide online shopping services and ensure well-managed deliveries to customers, even in rural areas. Thus, these factors are propelling the growth of the market in APAC.
In 2019, North America stood second in the delivery management software market with a share of more than 27.7%, and it is anticipated to witness a steady CAGR from 2020 to 2027. This region is characterized by the presence of well-developed countries, strong industry base, and high technology adoption. The presence of fast-growing economics, rising automated technology adoption, and increasing internet penetration are among the prime factors driving the growth of the delivery management software market in North America. Other developing regions, such as the MEA and SAM, are also projected to grow at a steady pace owing to the increasing government initiatives to digitalize the economy with the adoption of advanced technologies.
Companies adopt inorganic market strategies to expand their footprints across the world and meet the growing demand. The delivery management software market players mainly focus on the acquisition strategy to expand their business and maintain their brand name globally. For instance, in February 2019, GetSwift Limited, a US-based SaaS logistics technology provider, acquired Delivery BIZ Pro, a US-based delivery management platform provider, along with Scheduling+, a workforce scheduling provider. With the diverse product offering by Delivery BIZ Pro, such as front-end ordering, route mapping, and business intelligence, the company and GetSwift Limited allow customers to have an end-to-end last mile solution in major markets. Such business strategies help keep the delivery management software dynamic, thereby propelling its growth.
Impact of COVID-19 on Delivery Management Software market
According to the latest report from the World Health Organization (WHO), the US, Spain, Italy, France, Germany, the UK, Russia, Turkey, Brazil, Iran, and China are among the worst-affected countries due to the COVID-19 pandemic. The outbreak first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. As of 31st May 2020, there are ~6.02 million confirmed COVID-19 cases globally, with ~368,944 total deaths, and the number is growing at varying rates in different countries. The COVID-19 crisis is affecting the industries worldwide, and the global economy is anticipated to take the worst hit in 2020, which is likely to have some impact in 2021 as well. The outbreak has created significant disruptions in industries such as logistics, retail, and e-commerce. The sharp decline in the international logistics business industry is negatively impacting the growth of the global delivery management software market. The enforcement of lockdowns in various countries, leading to factory shutdowns travel bans, trade bans, and border lockdowns, to combat and contain the outbreak have adversely affected the logistics industry globally.
Delivery Management Software Market - Geographic Breakdown, 2019
Delivery Management Software Market to Grow at a CAGR of 12.7% to reach US$ 4011.82 Million from 2020 to 2027
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Delivery Management Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Deployment Type (Cloud, and On-Premises); Enterprise Size (Small and Medium-Size Enterprises, and Large Enterprises); End User (Restaurant Delivery, Logistics, Courier Business, and Others)
Delivery Management Software Market to Grow at a CAGR of 12.7% to reach US$ 4011.82 Million from 2020 to 2027
Download Free SampleDelivery Management Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Deployment Type (Cloud, and On-Premises); Enterprise Size (Small and Medium-Size Enterprises, and Large Enterprises); End User (Restaurant Delivery, Logistics, Courier Business, and Others)
The report segments the global delivery management software market as follows:
By Deployment Type
- Cloud
- On-Premise
By Enterprise Size
- Small and Medium-Size Enterprises
- Large Enterprises
By End User
- Logistics
- Courier Business
- Restaurant Delivery
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- South America (SAM)
- Brazil
- Argentina
- Rest of SAM