Freight Forwarding Software Market Size, Share, Growth and Industry Analysis By Type (Road Forwarding Software, Ocean Forwarding Software, Air Forwarding Software, And, Other), By Application (Large Enterprises, And, SMES), Regional Insights and Forecast From 2025 To 2033

• 

   Request a Free Sample To Get More Information on this Market

FREIGHT FORWARDING SOFTWARE MARKET REPORT OVERVIEW

The global freight forwarding software market size was USD 0.57 billion in 2024 and is projected to touch USD 1.93 billion by 2033, at a CAGR of 14.39% during the forecast period. North America is dominating the freight forwarding software market share in 2025.

Freight forwarding software is a software that is mainly designed to help freight forwarding companies to better manage their logistic business. They are also used for producing documents which are necessary for shipping and logistics companies such as bill of lading and airway bills.

The increasing demand for online shopping is identified as the latest trend in the market currently. This has provided greater growth opportunities to the crucial players in the industry. These softwares have a lot of advantages and scope in the modern industry. Big retailers are now preferring to use freight forward softwares in order to access themselves to benefits such as self-tracking methods, notifications for last-mile transporters and so on. Key players in the market have taken a step further to increase their investments and fundings, especially in this industry. This in turn has brought out many improvements. These act as the factors driving the market growth.

COVID-19 IMPACT

"Flourishing Tech Industry to Augment Market Share"

The pandemic of COVID-19 brought down the global economy. Many industries were badly affected and suffered due to the low demand. Because of the sudden lockdown and the restrictions that were imposed during the pandemic there was a significant increase in the share of the technology industry.

During the pandemic the technological industry witnessed a boom. A lot of softwares were discovered and developed, the major reason being the dependency of people on internet and technology. This in turn led to the freight forwarding software market growth. Even after pandemic when all the restrictions were removed there has been a boom in the market and it is also anticipated to grow substantially during the forecast period due to the rapid urbanization and technological developments.

LATEST TRENDS

"Increasing Demand for Online Shopping to Increase the Market Growth"

The freight forwarding software market has seen a drastic growth and expansion after the pandemic majorly because of its huge application in the technology industries. There are many innovations and advancements that are seen in the market. The increasing demand for online shopping is identified as the latest trend in the market currently.

This has provided greater growth opportunities to the crucial players in the industry. The softwares are in high demand due to the flourishing e-commerce and online shopping contributing to the rapid development of the market. This is considered as the latest innovation and the emerging trend in the market.

FREIGHT FORWARDING SOFTWARE MARKET SEGMENTATION

By Type

The market can be divided on the basis of type into the following segments:

Road forwarding software, ocean forwarding software, air forwarding software, and, other. Road forwarding segment is anticipated to dominate the market during the forecast period.

By Application

Based on application, the market share is bifurcated into the following segments:

Large enterprises, and, SMEs. The large enterprise segment is expected to dominate the market during the forecast period.

DRIVING FACTORS

"Adoption of Freight Forwarding Among Big Retail Sellers to Amplify Market Growth"

There has been a boom in the market after the pandemic. The industry is also expected to witness a rapid growth during the forecast period. This will in turn increase the market growth. Many factors have contributed to the growth of the industry in the recent years.

Key players in the market have taken a step further to increase their investments and fundings, especially in the tech and software industry. This in turn has brought out many improvements. Big retailers are now preferring to use freight forwarding softwares in order to access themselves to benefits such as self-tracking methods, notifications for last-mile transporters and so on. This has been a major driving factor for amplifying the growth of the industry.

"Prominent Role of AI in Freight Forwarding to Accelerate the Market Growth"

Recently there has been a great demand for the freight forward softwares all over the world. The major reason for this is the prominent role played by artificial intelligence in these softwares. With the help of artificial intelligence better versions of these softwares are now being introduced.

Another technology that has been implemented recently is robotic process automation. It helps in proper compilation of data. All these advancements have propelled the freight forwarding software market share. Collectively all of this act as key factors driving market growth.

RESTRAINING FACTOR

"Increasing Reliance on Forwarder Assistance Solutions to Bring Down the Market Share"

These softwares are extremely helpful and come with several benefits and advantages. However, they also have certain disadvantages and cons. This can act as the major factor restraining the market growth. One such disadvantage of using this software is the increasing dependency of the customers and the company on the forwarder assistance. As a result, without the help or support of these forwarder assistants it becomes difficult for the shippers to transport their goods. This acts as the factors restraining the market growth.

• 

   Request a Free Sample To Get Analysis on Major Geographic Market

FREIGHT FORWARDING SOFTWARE MARKET REGIONAL INSIGHTS

"North America to Dominate Market Share Owing to Increased Technological Developments"

The region that is observed to lead the market during the forecast period is North America. Followed by North America is Asia Pacific. There are several reasons that have been attributed to the growth of freight forwarding market in North America. The major factor contributing to the market development in North America is the increasing technological developments and advancements. Presence of the key industry players and huge investments coming in are yet other factors promoting increased market share. All of these factors are collectively contributing to the market growth in North America.

KEY INDUSTRY PLAYERS

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Top Freight Forwarding Software Companies

• WiseTec (U.S.)
• Descartes (Canada)
• Riege Software (U.S.)
• Softlink (U.S.)

REPORT COVERAGE

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations