×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Freight Forwarding Software Market

ID: MRFR/PCM/29893-HCR
111 Pages
Snehal Singh
October 2025

Freight Forwarding Software Market Research Report: By Deployment Model (Cloud-Based, On-Premises, Hybrid), By Software Type (Freight Management Software, Warehouse Management Software, Transportation Management Software, Supply Chain Management Software), By End User Industry (Retail, Manufacturing, Food and Beverage, Pharmaceuticals, E-commerce), By Functionality (Booking and Documentation, Tracking and Visibility, Inventory Management, Analytics and Reporting), By User Size (Small Enterprises, Medium Enterprises, Large Enterprises) and By... read more

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Freight Forwarding Software Market
 Infographic
Purchase Options

Freight Forwarding Software Market Summary

As per MRFR analysis, the Freight Forwarding Software Market Size was estimated at 18.71 USD Billion in 2024. The Freight Forwarding Software industry is projected to grow from 20.07 USD Billion in 2025 to 40.37 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.24 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Freight Forwarding Software Market is experiencing robust growth driven by technological advancements and evolving customer needs.

  • The market witnesses increased adoption of cloud solutions, particularly in North America, which remains the largest market.
  • Integration of advanced technologies is becoming prevalent, especially in the fastest-growing Asia-Pacific region.
  • A growing focus on sustainability is influencing software development and operational practices across the industry.
  • Rising demand for e-commerce logistics and regulatory compliance are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 18.71 (USD Billion)
2035 Market Size 40.37 (USD Billion)
CAGR (2025 - 2035) 7.24%

Major Players

SAP (DE), Oracle (US), Cargowise (AU), Kuebix (US), Freightos (US), Transporeon (DE), CargoSmart (HK), BluJay Solutions (US), Magaya Corporation (US)

Freight Forwarding Software Market Trends

The Freight Forwarding Software Market is currently experiencing a transformative phase, driven by advancements in technology and the increasing complexity of global supply chains. Companies are increasingly adopting software solutions that enhance operational efficiency, improve visibility, and streamline logistics processes. This shift appears to be influenced by the growing demand for real-time tracking and data analytics, which enable businesses to make informed decisions and respond swiftly to market changes. Furthermore, the integration of artificial intelligence and machine learning into freight forwarding software is likely to enhance predictive capabilities, thereby optimizing route planning and resource allocation. In addition, the Freight Forwarding Software Market seems to be witnessing a trend towards cloud-based solutions, which offer scalability and flexibility for businesses of varying sizes. This transition allows for easier collaboration among stakeholders and reduces the need for extensive on-premises infrastructure. As organizations continue to prioritize sustainability, software that supports eco-friendly practices and reduces carbon footprints may gain traction. Overall, the Freight Forwarding Software Market is poised for growth, with innovations that cater to evolving customer needs and regulatory requirements.

Increased Adoption of Cloud Solutions

The Freight Forwarding Software Market is seeing a notable shift towards cloud-based platforms. These solutions provide enhanced flexibility and scalability, allowing businesses to adapt to changing demands. The ability to access software from anywhere facilitates collaboration among various stakeholders, streamlining operations and improving overall efficiency.

Integration of Advanced Technologies

The incorporation of artificial intelligence and machine learning into freight forwarding software is becoming more prevalent. These technologies enhance predictive analytics, enabling companies to optimize logistics processes. By leveraging data-driven insights, businesses can improve decision-making and resource allocation, ultimately leading to cost savings.

Focus on Sustainability

Sustainability is emerging as a key consideration within the Freight Forwarding Software Market. Companies are increasingly seeking software solutions that support eco-friendly practices. This trend reflects a broader commitment to reducing carbon footprints and adhering to environmental regulations, which may influence software development and adoption.

Market Segment Insights

By Application: Transportation Management (Largest) vs. Supply Chain Management (Fastest-Growing)

In the Freight Forwarding Software Market, the application segment exhibits a diverse share distribution among different values. Transportation Management holds the largest market share, driven by its critical role in optimizing logistics and ensuring timely delivery. Supply Chain Management, though smaller in share, is rapidly gaining traction, reflecting the increasing focus on integrated solutions that streamline operations and enhance visibility across the supply chain.

Transportation Management: Dominant vs. Supply Chain Management: Emerging

Transportation Management stands as the dominant force in the Freight Forwarding Software Market due to its essential role in managing logistics and freight operations. It facilitates the organization and execution of shipments, ensuring adherence to schedules and regulations while managing costs. In contrast, Supply Chain Management is emerging as a vital segment, driven by the need for holistic visibility and control over logistics processes. Organizations are increasingly investing in comprehensive solutions that integrate supply chain practices, enhancing efficiency and responsiveness in an increasingly complex market. This shift towards automation and data-driven decision-making is expected to propel Supply Chain Management as a significant player in the coming years.

By Deployment Type: Cloud-Based (Largest) vs. On-Premises (Fastest-Growing)

The deployment type segment in the Freight Forwarding Software market is predominantly led by cloud-based solutions, which have gained significant traction due to their flexibility and scalability. Cloud-based platforms account for the majority of market share, appealing to businesses looking for cost-effective and easily accessible software solutions. In contrast, on-premises systems are witnessing a surge in adoption, attracting companies that prioritize data security and customization over cloud options.

Cloud-Based (Dominant) vs. On-Premises (Emerging)

Cloud-based freight forwarding software solutions are dominating the market by offering a range of advantages such as real-time access, lower IT overhead, and enhanced collaboration features, making them a preferred choice for many logistics companies. This segment caters mainly to small-to-medium businesses aiming to streamline operations without extensive infrastructure investments. On the other hand, on-premises solutions are emerging strongly, particularly among large enterprises that require robust security measures and more control over their software environment. These players are leveraging customized software capabilities to meet specific organizational needs, thus carving out a dedicated niche within the competitive landscape.

By End User: Freight Forwarders (Largest) vs. Third-Party Logistics Providers (Fastest-Growing)

The Freight Forwarding Software Market sees a diverse distribution among various end users, with Freight Forwarders holding the largest market share due to their critical role in the supply chain. These entities are essential for coordinating shipments, ensuring timely deliveries, and providing logistics solutions tailored to customer needs. In contrast, Third-Party Logistics Providers have gained traction in recent years, leveraging technology to streamline operations and expand service offerings.

Freight Forwarders (Dominant) vs. Third-Party Logistics Providers (Emerging)

Freight Forwarders represent the dominant segment in the Freight Forwarding Software Market, characterized by their extensive networks, expertise in customs regulations, and ability to provide comprehensive logistics services. Their established position allows them to adapt easily to market demands and leverage software solutions for efficiency. On the other hand, Third-Party Logistics Providers are emerging rapidly, driven by the demand for outsourced logistics services. They often incorporate advanced technologies to enhance visibility and control over the supply chain, attracting businesses looking for flexible and scalable solutions. The interplay between these two segments highlights a dynamic market with evolving preferences.

By Functionality: Tracking and Visibility (Largest) vs. Billing and Invoicing (Fastest-Growing)

The Freight Forwarding Software Market is segmented into various functionalities including Tracking and Visibility, Documentation Management, Billing and Invoicing, and Reporting and Analytics. Among these, Tracking and Visibility holds the largest share due to increasing demands for real-time shipment monitoring and enhanced transparency in global logistics operations. Billing and Invoicing, on the other hand, represents a rapidly expanding segment as organizations seek efficient automated solutions to streamline their financial transactions related to freight forwarding.

Tracking and Visibility (Dominant) vs. Billing and Invoicing (Emerging)

Tracking and Visibility is the dominant functionality in the Freight Forwarding Software Market, characterized by its ability to provide real-time updates on shipments, thus ensuring transparency and trust with clients. This segment leverages advanced technologies such as IoT and GPS to enhance operational efficiency and minimize delays. In contrast, Billing and Invoicing is emerging as a crucial functionality, driven by the need for automation in financial processes. This segment focuses on simplifying the invoicing cycle, reducing errors, and improving cash flow. Companies are increasingly investing in advanced software solutions to integrate billing functionalities that support complex pricing structures and ensure compliance with varying international regulations.

By Integration: Transportation Management System (Largest) vs. Warehouse Management System (Fastest-Growing)

The Freight Forwarding Software Market is characterized by varying market shares among its integration segments. The Transportation Management System (TMS) dominates the market, driven by its critical role in optimizing shipping and logistics processes. In contrast, the Warehouse Management System (WMS) is emerging rapidly, capturing the attention of businesses aiming to enhance their storage and inventory management capabilities. Together, they represent a significant portion of the market, underscoring their importance in integrated freight solutions. In recent years, the demand for integrated systems has surged as businesses strive for efficiency and seamless operations. The TMS is propelled by the global growth of e-commerce and the need for real-time tracking and management of shipments. Meanwhile, the WMS is experiencing rapid growth due to increasing automation in warehouses and the rise of omnichannel fulfillment strategies, making it a critical aspect of modern logistics operations.

Transportation Management System: Dominant vs. Warehouse Management System: Emerging

The Transportation Management System (TMS) has established itself as a dominant player in the Freight Forwarding Software Market due to its ability to streamline operations, enhance visibility, and significantly reduce transportation costs. Its functions integrate planning, execution, and optimization, catering to the ever-evolving logistics needs. In contrast, the Warehouse Management System (WMS) represents an emerging trend, focusing on improving inventory accuracy, reducing fulfillment times, and enhancing overall warehouse efficiency. As industry players increasingly recognize the importance of effective warehouse logistics, the WMS is witnessing substantial investments and innovations, positioning it as a vital component of comprehensive freight forwarding solutions.

Get more detailed insights about Freight Forwarding Software Market

Regional Insights

North America : Market Leader in Software Solutions

North America continues to lead the Freight Forwarding Software Market, holding a significant market share of 9.0 in 2024. The region's growth is driven by increasing demand for efficient logistics solutions, technological advancements, and a robust regulatory framework that supports innovation. The rise of e-commerce and globalization further fuels the need for sophisticated freight forwarding solutions, making this region a focal point for market expansion. The competitive landscape in North America is characterized by the presence of major players such as SAP, Oracle, and Freightos. These companies are leveraging advanced technologies like AI and machine learning to enhance their offerings. The U.S. stands out as the largest market, with Canada and Mexico also contributing to growth. The focus on sustainability and regulatory compliance is shaping the strategies of these key players, ensuring they remain at the forefront of the industry.

Europe : Emerging Market with Growth Potential

Europe's Freight Forwarding Software Market is poised for growth, with a market size of 5.5 in 2024. The region benefits from a strong logistics infrastructure, increasing cross-border trade, and regulatory support aimed at enhancing supply chain efficiency. The European Union's initiatives to digitize logistics and improve sustainability are key drivers of demand, making the region an attractive market for software solutions. Leading countries in this market include Germany, France, and the UK, where companies like Transporeon and SAP are prominent. The competitive landscape is evolving, with a mix of established players and innovative startups. The focus on compliance with EU regulations, such as the General Data Protection Regulation (GDPR), is influencing software development, ensuring that solutions meet stringent data protection standards.

Asia-Pacific : Rapidly Growing Market Dynamics

The Asia-Pacific region is witnessing a surge in the Freight Forwarding Software Market, with a market size of 3.5 in 2024. This growth is fueled by increasing trade activities, urbanization, and the adoption of digital technologies. Governments in the region are implementing policies to enhance logistics efficiency, which is further driving demand for advanced software solutions in freight forwarding. Countries like China, India, and Australia are leading the charge, with key players such as Cargowise and CargoSmart making significant inroads. The competitive landscape is marked by a mix of local and international firms, all vying for market share. The focus on improving supply chain transparency and efficiency is shaping the strategies of these companies, ensuring they remain competitive in a rapidly evolving market.

Middle East and Africa : Emerging Market with Untapped Potential

The Middle East and Africa region is an emerging player in the Freight Forwarding Software Market, with a market size of 0.71 in 2024. The growth is driven by increasing trade activities, investments in logistics infrastructure, and a growing emphasis on digital transformation. Governments are recognizing the importance of efficient logistics solutions, leading to favorable regulatory environments that support market growth. Countries like the UAE and South Africa are at the forefront, with a mix of local and international players entering the market. The competitive landscape is evolving, with companies focusing on innovative solutions to meet the unique challenges of the region. The emphasis on improving supply chain efficiency and transparency is shaping the strategies of these key players, ensuring they capitalize on the region's growth potential.

Key Players and Competitive Insights

The Freight Forwarding Software Market is currently characterized by a dynamic competitive landscape, driven by the increasing demand for efficient logistics solutions and the ongoing digital transformation across the supply chain. Major players such as SAP (DE), Oracle (US), and Cargowise (AU) are strategically positioning themselves through innovation and partnerships, which collectively shape the competitive environment. SAP (DE) focuses on integrating advanced analytics and AI capabilities into its software solutions, enhancing operational efficiency for clients. Meanwhile, Oracle (US) emphasizes cloud-based solutions, allowing for greater scalability and flexibility in freight management. Cargowise (AU) is leveraging its global network to enhance visibility and streamline operations, indicating a trend towards comprehensive, integrated platforms that cater to diverse logistics needs.

The business tactics employed by these companies reflect a moderately fragmented market structure, where localizing services and optimizing supply chains are paramount. The collective influence of these key players fosters a competitive atmosphere that encourages innovation and responsiveness to market demands. As companies strive to differentiate themselves, the focus on customer-centric solutions and technological advancements becomes increasingly pronounced.

In November 2025, SAP (DE) announced a strategic partnership with a leading AI firm to enhance its freight forwarding software capabilities. This collaboration aims to integrate machine learning algorithms that predict shipping delays, thereby improving customer satisfaction and operational efficiency. Such a move underscores SAP's commitment to leveraging cutting-edge technology to maintain its competitive edge in the market.

In October 2025, Oracle (US) launched a new cloud-based freight management solution designed to optimize route planning and reduce transportation costs. This initiative not only reflects Oracle's focus on digital transformation but also highlights the growing importance of sustainability in logistics. By enabling companies to minimize their carbon footprint, Oracle positions itself as a leader in environmentally conscious freight solutions.

In September 2025, Cargowise (AU) expanded its operations into the Asian market by acquiring a regional logistics provider. This strategic acquisition is expected to enhance Cargowise's service offerings and increase its market share in a rapidly growing region. The move illustrates the company's ambition to capitalize on emerging markets and strengthen its global presence.

As of December 2025, the competitive trends in the Freight Forwarding Software Market are increasingly defined by digitalization, sustainability, and AI integration. Strategic alliances are becoming pivotal in shaping the landscape, as companies seek to enhance their technological capabilities and service offerings. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to adapt to evolving market demands and leverage advanced technologies.

Key Companies in the Freight Forwarding Software Market market include

Industry Developments

Recent developments have showcased a significant evolution driven by advancements in technology and changing logistics demands. Companies are increasingly adopting cloud-based solutions to enhance visibility and streamline operations, given the rising complexity of supply chains. Automation and artificial intelligence are making inroads, improving efficiency and reducing human error in logistics management. The surge in e-commerce has heightened the need for integrated freight forwarding solutions, prompting software providers to innovate continuously. The market is witnessing strategic partnerships and collaborations aimed at enhancing service offerings and expanding geographical reach.

Regulatory changes, particularly regarding sustainability and emissions reduction, are also reshaping software functionalities, pushing firms to incorporate green logistics practices. As the market approaches an estimated valuation of $30.5 billion by 2032, stakeholders are focused on leveraging data analytics for better decision-making and customer satisfaction, reflecting an industry pivot towards more adaptive and responsive freight forwarding solutions.

Future Outlook

Freight Forwarding Software Market Future Outlook

The Freight Forwarding Software Market is projected to grow at a 7.24% CAGR from 2024 to 2035, driven by digital transformation, increased trade volumes, and demand for real-time tracking.

New opportunities lie in:

  • Integration of AI-driven predictive analytics for shipment optimization.
  • Development of blockchain solutions for enhanced supply chain transparency.
  • Expansion of mobile applications for real-time freight management.

By 2035, the market is expected to be robust, driven by technological advancements and evolving customer needs.

Market Segmentation

Freight Forwarding Software Market End User Outlook

  • Small and Medium Enterprises
  • Large Enterprises
  • Third-Party Logistics Providers
  • Freight Forwarders

Freight Forwarding Software Market Application Outlook

  • Supply Chain Management
  • Inventory Management
  • Order Management
  • Transportation Management
  • Customs Management

Freight Forwarding Software Market Integration Outlook

  • Enterprise Resource Planning
  • Customer Relationship Management
  • Warehouse Management System
  • Transportation Management System

Freight Forwarding Software Market Functionality Outlook

  • Tracking and Visibility
  • Documentation Management
  • Billing and Invoicing
  • Reporting and Analytics

Freight Forwarding Software Market Deployment Type Outlook

  • Cloud-Based
  • On-Premises
  • Hybrid

Report Scope

MARKET SIZE 202418.71(USD Billion)
MARKET SIZE 202520.07(USD Billion)
MARKET SIZE 203540.37(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)7.24% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledSAP (DE), Oracle (US), Cargowise (AU), Kuebix (US), Freightos (US), Transporeon (DE), CargoSmart (HK), BluJay Solutions (US), Magaya Corporation (US)
Segments CoveredApplication, Deployment Type, End User, Functionality, Integration
Key Market OpportunitiesIntegration of artificial intelligence and automation enhances efficiency in the Freight Forwarding Software Market.
Key Market DynamicsRising demand for automation in logistics drives innovation in freight forwarding software solutions.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Leave a Comment

FAQs

What is the compound annual growth rate (CAGR) for the Freight Forwarding Software Market from 2025 to 2034 ?

Freight Forwarding Software Market is projected to register a CAGR of 7.24% from 2025-2035

Which region is projected to have the largest market share in the Freight Forwarding Software Market in 2034?

North America is projected to have the largest market share, valued at 37.65 USD billion in 2034.

What is the projected market value for Cloud-based Freight Forwarding Software by 2035?

Cloud-based freight forwarding software is expected to be valued at 10.5 USD billion in 2035.

Who are the key players competing in the Freight Forwarding Software Market?

Major players in the market include Kuehne + Nagel, UPS Supply Chain Solutions, DB Schenker, and DHL Supply Chain.

What is the anticipated market value of On-premises Freight Forwarding Software by 2035?

On-premises freight forwarding software demand is expected to reach 11.8 USD billion by 2035.

What was Asia Pacific’s valuation in the Freight Forwarding Software Market in 2024?

Freight Forwarding Software Market was valued at USD 18.71 Billion in 2024

What is the expected market size of the Freight Forwarding Software Market in South America in 2035?

The market in South America is expected to be valued at 2.4 USD billion in 2035.

What was the value of the Middle East and Africa Freight Forwarding Software Market in 2024?

Freight Forwarding Software Market size was valued at USD 18.71 Billion in 2024

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $ $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions