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Dock and Yard Management System Market Trends

Report ID: GMI10348
Published Date: Jul 2024
Report Format: PDF

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Dock and Yard Management System Market Trends

The dock and yard management system industry has experienced significant advancements, driven by the increasing need for operational efficiency and supply chain optimization. One notable trend is the integration of advanced technologies such as IoT, AI, and machine learning to enhance real-time visibility and automate yard operations. These technologies enable better tracking of assets, reducing downtime, and improving overall yard productivity. For instance, AI-powered predictive analytics are widely employed to anticipate maintenance needs and optimize scheduling, minimizing disruptions in the logistics process.

Moreover, companies operating in the market are focused on enhancing their yard management solutions. For instance, in May 2023, Manhattan Associates Inc. launched its revamped Manhattan Active Yard Management solution to advance the company's unified supply chain vision. This redesigned yard management system is designed to integrate seamlessly with Manhattan's industry-leading warehouse and transportation management solutions on a single cloud-native platform. It further helps the company in achieving the digital unification of distribution and logistics operations.

Sustainability is another key trend in the dock and yard management system market. Service providers are prioritizing eco-friendly practices by incorporating electric and hybrid yard trucks and implementing energy-efficient yard lighting and infrastructure. This shift reduces the carbon footprint and aligns with the global movement towards greener logistics solutions.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of dock and yard management system reached USD 4.5 Billion in 2023 and is set to register a CAGR of over 11% between 2024 and 2032, favored by the booming e-commerce sector.

The transportation and logistics segment accounted for a market share of 33% in 2023, as dock & yard management systems help manage the increased traffic and ensure efficient handling of goods at ports, warehouses, and distribution centers.

North America accounted for around 37% market share in 2023, attributed to the investments in infrastructure upgrades at ports, warehouses, and distribution centers across the region.

4SIGHT Connect, Blue Yonder Group, Inc., C3 Solutions, Inc., Descartes Systems Group, Epicor Software Corporation, Infor, Inc., Korber Supply Chain, Manhattan Associates, Inc., Oracle Corporation, SAP SE, and Zebra Technologies Corporation.