North America Courier Management Software Market is expected to reach US$ 218.5 Mn by 2028

Cloud Segment to Dominate North America Courier Management Software Market during 2021–2028

According to a new market research study on “North America Courier Management Software Market Forecast to 2028 – COVID-19 Impact and Analysis – by Deployment Type, Enterprise Size,” the market is expected to reach US$ 218.5 million by 2028 from US$ 120.4 million in 2020; it is estimated to grow at a CAGR of 8.9% from 2021 to 2028. The report provides trends prevailing in the market along with the drivers and restraints pertaining to the market growth.

Cloud-based software deliver end-to-end encryption to ensure rapid scalability, greater computing power, and higher storage capacity. They enable highly productive service and management capabilities without the need to set up and maintain IT infrastructure. Growing investments in courier management software and rising adoption of cloud technology are contributing to the courier management software market growth. The data are safely stored on the cloud and can be retrieved whenever needed. Moreover, the data backup feature allows the retrieval of data in case of system failure. It helps the courier service providers to keep a track of their deliveries without any interruption. With the expanding infrastructure of internet, leading to rise in the number of internet users, vast volumes of user information is being stored online through cloud services. Major courier management software vendors are collaborating with cloud service providers to deliver customized computing solutions as well as to provide innovative and efficient solutions to end users, which is further driving the market growth. Further, companies such as Instadisptach, engaged in offering cloud-based courier management system, enable end users in North America to streamline their logistics operations, alongside making the entire process transparent, responsive, cost-effective, and flexible.

Citta Solutions Private Limited, Deliforce Technologies Private Limited, Elluminati Inc., FreshBooks, Getswift Limited, Jungleworks, Loginext Solutions Inc., Mobisoft Infotech LLC, Shipox, and Softpal Technologies Pvt. Ltd. are among the leading companies operating in the North America courier management software market. These players are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the market.

The report segments the North America courier management software market as follows:

By Deployment Type

• Cloud
• On-Premise

By Enterprise Size

• SMEs
• Large Enterprises

By Country

• US
• Canada
• Mexico