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Stock impact report

Route Optimization Software Market to Reach US$8.659 Billion by 2029: Global 2024 Report Reveals [Yahoo! Finance]

The Descartes Systems Group Inc. (DSGX) 
Last the descartes systems group inc. earnings: 3/4 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: descartes.com/descartes/investor-relations
Company Research Source: Yahoo! Finance
The global route optimization software market is poised for significant growth, with projections indicating an expansion from US$3.688 billion in 2022 to US$8.659 billion by 2029, advancing at a CAGR of 12.96%. This growth is fueled by the software's ability to facilitate more effective planning, management, and execution of delivery routes, which lead to reduced fuel consumption, lowered transportation costs, and enhancements in overall efficiency. The increased adoption of this technology in various applications including food delivery, ride-hailing, e-commerce, and more, is a testament to its burgeoning relevance in today's fast-paced economic climate. A rising dependence on smartphones and the expansion of internet connectivity globally have been identified as crucial drivers propelling the route optimization software market forward. The market is further stimulated by developments in artificial intelligence (AI), cloud services, and the Internet of Things (IoT), which are in Show less Read more
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