Albany, NY -- (SBWIRE) -- 11/05/2018 -- World over, the constant strides witnessed by the supply chain and logistics industry has brought to the fore a variety of specific challenges and unique set of problems faced by yards and dock managers. Globally, yards and docks are increasingly affected by a low labor utilization and problems related to real-time asset tracking and cost elevation. Traditional management practices and haphazard scheduling continue to be affect transportation and warehouse management systems by keeping a track on trailers and shipments. Dock and yard management systems are gathering pace in various regions for addressing these problems, which have notably affected the bottom line profitability of these assets. Automated yard management and dock scheduling solutions are increasingly benefitting the real-time visibility on yard assets and are proving to be vital increasing gate throughput.

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The global dock and yard management market is driven primarily by the sustained demand for time and cost saving solutions by applying real-time and automated approaches in managing yard and dock operations. The intensifying need for solving a variety of complex warehouse and logistics problems through real-time management intelligence is stoking the demand for automated yard and dock management.

The rising need for improving the operational and logistics efficiency of warehouses by improving the visibility and coordination of dock operations is also bolstering the demand. In addition, the pressing need for increasing floor space utilization is boosting the demand for dock and yard management.

The growing demand for dock scheduling and yard management solutions for increasing the accuracy in inventory and worldwide distribution centers and warehouses is boosting the market. Constant technological advancements in warehouse management systems and transportation management systems are accentuating the growth of the market.

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Geographically, the markets for dock and yard management systems are North America, Europe, the Middle East and Africa, Asia Pacific, and South America. Among these, North America is the leading market and accounted for the major market share in 2016. This is attributed to the extensive uptake of cloud-based dock and yard management systems. On the other hand, Asia Pacific is projected to expand at the dominant pace over the forecast period. A rapidly rising manufacturing sector in several economies of the region is accentuating the growth. Meanwhile, Europe is anticipated to rise at an attractive growth rate over the next few years.