Freight Management Software Market Insights Video

According to Cognitive Market Research, the global Freight Management Software market size is USD 10258.96 million in 2024 and will expand at a compound annual growth rate (CAGR) of 13.60% from 2024 to 2031.

• North America held the major market of more than 40% of the global revenue with a market size of USD 4103.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031.
• Europe accounted for a share of over 30% of the global market size of USD 3077.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.1% from 2024 to 2031.
• Asia Pacific held the market of around 23% of the global revenue with a market size of USD 2359.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031.
• Latin America market of more than 5% of the global revenue with a market size of USD 512.95 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031.
• Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 205.18 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.3% from 2024 to 2031.
• The Road Freight segment held the highest Freight Management Software market revenue share in 2024.