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The Global Route Optimization Software Market (2018-2023) is Forecast to Grow at a CAGR of 14.19% - ResearchAndMarkets.com

December 27, 2018

DUBLIN--(BUSINESS WIRE)--Dec 27, 2018--The “Route Optimization Software Market - Forecasts From 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.

The route optimization software market was valued at US$1.949 billion in 2017 and is expected to grow at a CAGR of 14.19% over the forecast period to reach a total market size of US$4.322 billion by 2023.

The growth of this market is majorly attributed to increasing penetration of internet in many regions across the globe. Spurring smartphones sales coupled with continuously improving internet connectivity are providing favorable infrastructure where the end users can realize the complete potential of these software and systems. This is fueling the adoption of these solutions for use in various applications.

Growth of e-commerce has been a major factor driving the growth of this market. Growing trends of getting food and products delivered at the doorsteps within significantly strict time constraints is increasing the demand for route optimization software, thus boosting the growth of this market.

Major industry players profiled as part of the report are ALK Technologies, Caliper Corporation, The Descartes Systems Group Inc., Esri Global, Inc., Google, Routific Solutions Inc., LLamasoft Inc. and Microlise among others.

Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Route Optimization Software Market by Product

5.1. Software

5.2. Services

6. Route Optimization Software Market by Deployment Model

6.1. On-premise

6.2. Cloud

7. Route Optimization Software Market by Application

7.1. Food Delivery

7.2. Ride Hailing Services

7.3. E-Commerce

7.4. Others

8. Route Optimization Software Market by Geography

8.1. North America

8.2. South America

8.3. Europe

8.4. Middle East and Africa

8.5. Asia Pacific

9. Competitive Intelligence

9.1. Investment Analysis

9.2. Recent Deals

9.3. Strategies of Key Players

10. Company Profiles

10.1. ALK Technologies

10.2. Caliper Corporation

10.3. The Descartes Systems Group Inc.

10.4. Esri Global Inc.

10.5. Google

10.6. Routific Solutions Inc.

10.7. LLamasoft Inc.

10.8. Microlise

10.9. Omnitracs

10.10. ORTEC

For more information about this report visit https://www.researchandmarkets.com/research/7zgklv/the_global_route?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181227005210/en/

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Related Topics:Software,Global Positioning Systems Software

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY NETWORKS SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/27/2018 08:56 AM/DISC: 12/27/2018 08:55 AM

http://www.businesswire.com/news/home/20181227005210/en

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