India Route Optimization Software Market Size & Outlook
India route optimization software market, 2018-2030 (US$M)
Related Markets
India route optimization software market highlights
- The India route optimization software market generated a revenue of USD 141.2 million in 2023 and is expected to reach USD 410.0 million by 2030.
- The India market is expected to grow at a CAGR of 16.5% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating solution in 2023.
- Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Route optimization software market data book summary
| Market revenue in 2023 | USD 141.2 million |
| Market revenue in 2030 | USD 410.0 million |
| Growth rate | 16.5% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Trimble Inc, The Descartes Systems Group Inc, Alphabet Inc Class A, Verizon Communications Inc, IFS International Holdings Inc, Caliper Corporation, LLamasoft, Microlise, Omnitracs, Paragon Software Systems, Route4Me, Routific, Locus.sh |
Other key industry trends
- In terms of revenue, India accounted for 2.2% of the global route optimization software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China route optimization software market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 410.0 million by 2030.
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Route Optimization Software Market Scope
Route Optimization Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India route optimization software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to route optimization software market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 62.39% in 2023. Horizon Databook has segmented the India route optimization software market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- India Route Optimization Software Solution Outlook (Revenue, USD Million, 2018-2030)
- Software
- On-Premise
- Cloud
- Services
- Consulting
- Map Integration & Software Deployment
- Support & Maintainance
- Software
- India Route Optimization Software Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Large
- SMEs
- India Route Optimization Software Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
- Retail & FMCG
- On-Demand Food & Grocery Delivery
- Ride Hailing & Taxi Services
- Homecare & Field Services
- Logistics & Transportation
- Others
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Target buyers of India route optimization software market databook
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Our clientele includes a mix of route optimization software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India route optimization software market , including forecasts for subscribers. This country databook contains high-level insights into India route optimization software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India route optimization software market size, by solution, 2018-2030 (US$M)
India Route Optimization Software Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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