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

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.

Segment Overview of Router Optimization Market

Component Overview, 2018-2028 (USD Billion)

• Solution
• Service
  • Consulting
  • Support & Maintenance

Deployment Overview, 2018-2028 (USD Billion)

• Cloud
• On-Premises

Vertical Overview, 2018-2028 (USD Billion)

• On-Demand Food Delivery
• Retail and FMCG
• Field Services
• Ride-Hailing & Taxi Services
• Others

Organization Size Overview, 2018-2028 (USD Billion)

• SME’s
• Large Enterprises

Regional Overview, 2018-2028 (USD Billion)

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia Pacific
  • India
  • China
  • Japan
  • Rest of Asia-Pacific
• Middle East and Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East and Africa
• South America

• Brazil
• Rest of Latin America