Waterway Transportation Software and Services Market Report: Trends, Forecast and Competitive Analysis to 2030

Waterway Transportation Software and Services Trends and Forecast

The future of the global waterway transportation software and services market looks promising with opportunities in the retail & consumer goods, energy & power, mining, oil & gas, construction, chemical, food & beverage, military & defense, healthcare & pharmaceutical, and manufacturing markets. The global waterway transportation software and services market is expected to reach an estimated $107.5 billion by 2030 with a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are the increasing use of machine-to-machine communication to increase business insights in marine sectors, growing acceptance of containerization and the opening of new ports, as well as, rising need for heavy freight shipping owing to a rise in global maritime trade.

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Waterway Transportation Software and Services by Segment

The study includes a forecast for the global waterway transportation software and services by deployment model, offering, end use, and region.

Waterway Transportation Software and Services Market by Deployment Model [Shipment Analysis by Value from 2018 to 2030]:

• On-Premise
• Cloud
• Hybrid

Waterway Transportation Software and Services Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Services
• Solution

Waterway Transportation Software and Services Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Retail & Consumer Goods
• Energy & Power
• Mining
• Oil & Gas
• Construction
• Chemical
• Food & Beverage
• Military & Defense
• Healthcare & Pharmaceutical
• Manufacturing

Waterway Transportation Software and Services Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Waterway Transportation Software and Services Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies waterway transportation software and services companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the waterway transportation software and services companies profiled in this report include-

• Accenture
• Bass Software
• Cognizant Technology Solution
• Descartes Systems Group
• ZeroNorth
• SAP
• Veson Nautical
• Aljex Software
• High Jump Software
• Trans-I Technologies

Waterway Transportation Software and Services Market Insights

Lucintel forecasts that cloud is expected to witness the highest growth over the forecast period due to increasing use of cloud computing or cloud-based services in the shipping and marine sectors as part of transportation and logistics, supply chain management, and to increase data accessible from remote places.

North America will remain the largest region over the forecast period due to significant investments in the defense sector and marine research.

Features of the Global Waterway Transportation Software and Services Market

Market Size Estimates: Waterway transportation software and services market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Waterway transportation software and services market size by deployment model, offering, end use, and region in terms of value ($B).

Regional Analysis: Waterway transportation software and services market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different deployment model, offering, end use, and regions for the waterway transportation software and services market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the waterway transportation software and services market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the waterway transportation software and services market size?

Answer: The global waterway transportation software and services market is expected to reach an estimated $107.5 billion by 2030.

Q2. What is the growth forecast for waterway transportation software and services market?

Answer: The global waterway transportation software and services market is expected to grow with a CAGR of 9.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the waterway transportation software and services market?

Answer: The major drivers for this market are the increasing use of machine-to-machine communication to increase business insights in marine sectors, growing acceptance of containerization and the opening of new ports, as well as, rising need for heavy freight shipping owing to a rise in global maritime trade.

Q4. What are the major segments for waterway transportation software and services market?

Answer: The future of the global waterway transportation software and services market looks promising with opportunities in the retail & consumer goods, energy & power, mining, oil & gas, construction, chemical, food & beverage, military & defense, healthcare & pharmaceutical, and manufacturing markets.

Q5. Who are the key waterway transportation software and services market companies?

Answer: Some of the key waterway transportation software and services companies are as follows.

• Accenture
• Bass Software
• Cognizant Technology Solution
• Descartes Systems Group
• ZeroNorth
• SAP
• Veson Nautical
• Aljex Software
• High Jump Software
• Trans-I Technologies

Q6. Which waterway transportation software and services market segment will be the largest in future?

Answer: Lucintel forecasts that cloud is expected to witness the highest growth over the forecast period due to increasing use of cloud computing or cloud-based services in the shipping and marine sectors as part of transportation and logistics, supply chain management, and to increase data accessible from remote places.

Q7. In waterway transportation software and services market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to significant investments in the defense sector and marine research.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the waterway transportation software and services market by deployment model (on-premise, cloud, and hybrid), offering (services and solution), end use (retail & consumer goods, energy & power, mining, oil & gas, construction, chemical, food & beverage, military & defense, healthcare & pharmaceutical, and manufacturing), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?