Market Overview:
The global route optimization software market reached a value of US$ 6.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.7 Billion by 2027, exhibiting at a CAGR of 17.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Route optimization software enables the user to manage and plan delivery routes via robust algorithms. It is efficient, cost-effective, and provides a remarkable user experience compared to manual route planning, which is error-prone and time-intensive. Moreover, it can update already planned routes in real-time, thereby improving driver management and planning for future business challenges. Nowadays, leading players are introducing new route optimization software that minimizes fuel costs and saves time. It integrates digital technology, historical traffic data, weather conditions, and scenario modeling to help identify the fastest, economical, and planned route with multiple stop points.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Route Optimization Software Market Trends:
Due to digitization and the expansion of business globally, manual route optimization has become more challenging. This represents one of the key factors propelling enterprises around the world to adopt route optimization software as it is efficient, scalable, accurate, flexible, and robust. Apart from this, the escalating demand for online food delivery solutions on account of their convenience, along with the increasing utilization of smartphones and the burgeoning food and beverage (F&B) industry, is bolstering the market growth. In addition to this, food service providers are focusing on improving the accuracy of online orders, simplifying order processing, and providing discount coupons to expand their consumer base. This, in turn, is contributing to market growth. Moreover, small and medium-sized enterprises (SMEs) are relying on route optimization software to increase productivity and improve their customer experience. It also assists in managing driver schedules, available hours, total stops, fulfillment estimates, and legal requirements. Furthermore, rising fuel prices are anticipated to promote the adoption of modern route optimization software to lower operational, fuel, and driver payroll costs significantly.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global route optimization software market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on solution, deployment type, organization size and vertical.
Breakup by Solution:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Breakup by Deployment Type:
Breakup by Organization Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Vertical:
- On-demand Food Delivery
- Taxi
- Homecare and Field Services
- Retail and FMCG
- Others
Breakup by Region:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Caliper Corporation, Environmental Systems Research Institute Inc., Geoconcept SAS, Microlise Telematics Pvt. Ltd., Omnitracs (Solera Holdings Inc.), Ortec B.V., Paragon (Aptean), PTV Planung Transport Verkehr AG (Porsche SE), Route4me Inc, Routific Solutions Inc, Verizon Communications Inc. and Workwave LLC (IFS AB).
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Solution, Deployment Type, Organization Size, Vertical, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Caliper Corporation, Environmental Systems Research Institute Inc., Geoconcept SAS, Microlise Telematics Pvt. Ltd., Omnitracs (Solera Holdings Inc.), Ortec B.V., Paragon (Aptean), PTV Planung Transport Verkehr AG (Porsche SE), Route4me Inc, Routific Solutions Inc, Verizon Communications Inc. and Workwave LLC (IFS AB) |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global route optimization software market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global route optimization software market?
- What are the key regional markets?
- What is the breakup of the market based on the solution?
- What is the breakup of the market based on the deployment type?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global route optimization software market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Route Optimization Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Solution
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Deployment Type
7.1 Cloud-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 On-premises
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Organization Size
8.1 Small and Medium-sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Vertical
9.1 On-demand Food Delivery
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Taxi
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Homecare and Field Services
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Retail and FMCG
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Caliper Corporation
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Environmental Systems Research Institute Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 SWOT Analysis
15.3.3 Geoconcept SAS
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Microlise Telematics Pvt. Ltd.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Omnitracs (Solera Holdings Inc.)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Ortec B.V.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Paragon (Aptean)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 PTV Planung Transport Verkehr AG (Porsche SE)
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Route4me Inc
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Routific Solutions Inc
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Verizon Communications Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Workwave LLC (IFS AB)
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Route Optimization Software Market: Major Drivers and Challenges
Figure 2: Global: Route Optimization Software Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Route Optimization Software Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Route Optimization Software Market: Breakup by Solution (in %), 2021
Figure 5: Global: Route Optimization Software Market: Breakup by Deployment Type (in %), 2021
Figure 6: Global: Route Optimization Software Market: Breakup by Organization Size (in %), 2021
Figure 7: Global: Route Optimization Software Market: Breakup by Vertical (in %), 2021
Figure 8: Global: Route Optimization Software Market: Breakup by Region (in %), 2021
Figure 9: Global: Route Optimization Software (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Route Optimization Software (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Route Optimization Software (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Route Optimization Software (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Route Optimization Software (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Route Optimization Software (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Route Optimization Software (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Route Optimization Software (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Route Optimization Software (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Route Optimization Software (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Route Optimization Software (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Route Optimization Software (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Route Optimization Software (On-demand Food Delivery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Route Optimization Software (On-demand Food Delivery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Route Optimization Software (Taxi) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Route Optimization Software (Taxi) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Route Optimization Software (Homecare and Field Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Route Optimization Software (Homecare and Field Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Route Optimization Software (Retail and FMCG) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Route Optimization Software (Retail and FMCG) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Route Optimization Software (Other Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Route Optimization Software (Other Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: North America: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: North America: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: United States: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: United States: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Canada: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Canada: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Asia-Pacific: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Asia-Pacific: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: China: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: China: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Japan: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Japan: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: India: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: South Korea: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: South Korea: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Australia: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Australia: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Indonesia: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Indonesia: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Others: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Others: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Europe: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Europe: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Germany: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Germany: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: France: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: France: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: United Kingdom: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: United Kingdom: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Italy: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Italy: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Spain: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Spain: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Russia: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Russia: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Latin America: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Latin America: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Brazil: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Brazil: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Mexico: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Mexico: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Middle East and Africa: Route Optimization Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Middle East and Africa: Route Optimization Software Market: Breakup by Country (in %), 2021
Figure 79: Middle East and Africa: Route Optimization Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Global: Route Optimization Software Industry: SWOT Analysis
Figure 81: Global: Route Optimization Software Industry: Value Chain Analysis
Figure 82: Global: Route Optimization Software Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Route Optimization Software Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Route Optimization Software Market Forecast: Breakup by Solution (in Million US$), 2022-2027
Table 3: Global: Route Optimization Software Market Forecast: Breakup by Deployment Type (in Million US$), 2022-2027
Table 4: Global: Route Optimization Software Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 5: Global: Route Optimization Software Market Forecast: Breakup by Vertical (in Million US$), 2022-2027
Table 6: Global: Route Optimization Software Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Route Optimization Software Market: Competitive Structure
Table 8: Global: Route Optimization Software Market: Key Players