Dallas, Texas, May 26, 2021 (GLOBE NEWSWIRE) -- The “Route Optimization Market by Component (Solution, Services), Deployment (Cloud, On-Premises), Vertical (On-Demand Food Delivery, Retail and FMCG, Filed Services, Ride-Hailing and Taxi Services, Others), Organization Size (SME’s, Large Enterprises), And by Region (North America, Europe, Asia Pacific, Middle East & Africa And South America), Global Forecast 2018 to 2028” study provides an elaborative view of historic, present and forecasted market estimates.
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The global Router Optimization Market is expected to grow at a CAGR of 12.5% with market size of around USD 9.1 Billion by 2028. The Router Optimization Market is witnessing significant demand across different industries as the use of logistics specific solutions and with reducing hardware and connectivity cost
It is a cost-effective procedure in which the software includes the GPS tracking and advanced techniques of the product dispatched to the dispatchers and also analyses the fuel cost and minimizes bottlenecks in the delivery network. The real data analytics has given dispatch companies to invest in the software across the regions
With the help of this software, the vendors' cost-effective solutions for logistics and will help organizations across industries to choose route optimization software from various vendors. With the help of emerging technologies such as blockchain, data analytics, various new vendors are entering the market and offering a solution with new and different business models to the vendors
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The Router Optimization Market can be catered to North America, Europe, APAC, Middle East & Africa, and Latin America. APAC is expected to boom with the highest rate in the forecast period due to the acceptance of new technologies with the growing traffic congestion and rise in vehicle delivery sales in this region with the rising demand for implementing smart transportation projects.
The top players of the Router Optimization Market are ALK Technologies, Caliper, Descartes, ESRI, Google, and various other players in the market. Most of the players are spread across various regions focusing on effective client delivery.
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Major Points from Table of Contents:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Route Optimization Software Market by Component
Chapter 6 Route Optimization Software Market by Deployment
Chapter 7 Route Optimization Software Market by Vertical
Chapter 8 Route Optimization Software Market by Organization Size
Chapter 9 Global Route Optimization Software Market by Region
Chapter 10 Competitive Landscape
Chapter 11 Company Profiles
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