PUBLISHER: The Business Research Company | PRODUCT CODE: 1574710
PUBLISHER: The Business Research Company | PRODUCT CODE: 1574710
A dock and yard management system is a type of software designed to enhance and simplify the handling of a facility's loading docks and yard operations. It assists organizations in navigating the complexities of these operations more efficiently, resulting in increased efficiency and cost savings within logistics and supply chain management.
Key systems in dock and yard management include transportation management systems (TMS) and warehouse management systems (WMS). TMS are software solutions intended to aid businesses in overseeing the transportation of goods. These systems can be implemented both on-site and in the cloud, covering aspects such as warehouse management, gate management, dock scheduling, trailer tracking, and yard management. They are utilized across various sectors, including transportation and logistics, manufacturing, retail and e-commerce, warehousing, and healthcare.
The dock and yard management systems market research report is one of a series of new reports from The Business Research Company that provides dock and yard management systems market statistics, including dock and yard management systems industry global market size, regional shares, competitors with a dock and yard management systems market share, detailed dock and yard management systems market segments, market trends and opportunities, and any further data you may need to thrive in the dock and yard management systems industry. This dock and yard management systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The dock and yard management system market size has grown rapidly in recent years. It will grow from $3.65 billion in 2023 to $4.09 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The increase observed during the historic period can be attributed to several factors, including the rising adoption of mobile solutions, rapid urbanization, the expansion of third-party logistics services, efforts to enhance overall operational efficiency in logistics and supply chain management, and improvements in cross-docking efficiency to minimize handling times.
The dock and yard management system market size is expected to see rapid growth in the next few years. It will grow to $6.5 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The projected growth for the forecast period can be attributed to several factors, the rising adoption of automation, the rapid expansion of e-commerce, increasing complexity in supply chain operations, the need for cost reduction in logistics and warehouse management, and the growth of global trade. Key trends expected during this period include integration with IoT, advancements in technology, improved security features, AI-driven predictive analytics, and the adoption of cloud-based solutions.
The anticipated growth in global trade and logistics is set to drive the expansion of the dock and yard management system market. Trade and logistics involve the exchange of goods and services across borders and the efficient management of their movement, storage, and distribution within the supply chain. As demand for imports and exports rises and global supply chains expand, companies are increasingly adopting faster and more efficient trade and logistics processes. Dock and yard management systems are crucial for optimizing the handling, scheduling, and tracking of goods, thereby enhancing efficiency and minimizing delays in the supply chain. For example, a report from the World Trade Organization (WTO) in October 2023 predicts a 3.3% growth in trade for 2024, slightly exceeding the 3.2% estimate from April. Additionally, the share of politically aligned trading partners in total U.S. trade increased to 77% in the first half of 2023, up from 74% in the same period of 2022. Consequently, the growth in global trade and logistics is propelling the dock and yard management system market forward.
Key players in the dock and yard management system market are developing advanced automated dock door schedulers to enhance customer service. An automated dock door scheduler manages and coordinates the allocation and scheduling of dock doors for shipments, optimizing usage and reducing wait times through automation. For example, in February 2024, Yard Management Solutions, a US-based software company, introduced the Magic Dock. This automated dock door scheduler aims to improve yard management by streamlining appointment scheduling and trailer movements. Unlike previous systems with long wait times and errors due to manual scheduling, YMS Magic Dock provides an automated solution that assigns appointments to dock doors based on predefined rules, optimizes trailer sequencing, and allows focus on higher-priority tasks, thus greatly enhancing operational efficiency.
In July 2024, Kaleris, a US-based provider of cloud-based supply chain execution and visibility technology solutions, acquired CAMS Software for an undisclosed amount. This acquisition enhances Kaleris' portfolio by combining the CAMS Prospero Transportation Management System with the highly regarded Kaleris Yard Management System. The merger will create a comprehensive enterprise suite that optimizes transportation planning and execution across warehouses, distribution centers, and manufacturing facilities. CAMS Software is a US-based manufacturer of dock and yard management systems.
Major companies operating in the dock and yard management system market are Oracle Corporation, SAP SE, Zebra Technologies Corporation, Epicor Software Corporation, Blue Yonder Inc., Samsara Inc., Manhattan Associates Inc., Descartes Systems Group Inc., Project44, Tecsys Inc., FourKites Inc., Softeon, Lazer Spot Inc., HighJump Software Inc., Kuebix LLC, Logiwa Inc., TMW Systems LLC, Kelley Dock Solutions, Cerasis Inc., ProAct International Ltd., JDA Software, Royal 4 Systems Inc., Made4net LLC, Transplace, C3 Solutions LLC
North America was the largest region in the dock and yard management system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dock and yard management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the dock and yard management system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The dock and yard management system market consists of sales of dock scheduling software, dock door controllers, trailer tracking solutions and gate management systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Dock And Yard Management System Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on dock and yard management system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for dock and yard management system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dock and yard management system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.