AMA Research & Media

IFTA Software Market to See Huge Growth by 2027 : High Jump, Fleet Up, Verizon Connect

 

New Jersey, NJ -- (SBWIRE) -- 01/16/2023 -- The latest study released on the Global IFTA Software Market by AMA Research evaluates market size, trend, and forecast to 2027. The IFTA Software market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:
SPAN Enterprises LLC (TruckLogics.com) (United States), Axon Software (Canada), TruckingOffice, LLC (United States), HighJump (United States), FleetUp (United States), Linxup (United States), Geotab Inc. (Canada), My Fuel Tax (United States), Samsara (United States), Verizon Connect (United States)

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Definition:
International Fuel Tax Agreement (IFTA) reporting software is used to track all fuel records and to generate fuel tax reports online. It is a hassle-free way to update, manage, and edit all IFTA records. This software is particularly made for trucking and logistics businesses to automatically and accurately generate fuel tax reports. This software can be easily deployed on the premises or as a cloud-based solution.

Market Trend:
- Integrated IFTA Software to Manage All Trucking Operations like Invoicing, and IRP

Market Drivers:
- Recent Changes in the Fuel Tax Regulations by the United States and Canada
- Increasing need have Automated Software by Fleet Managers and Owner Operators
- Improved Efficiency & Increased Profits

Market Opportunities:
- Growing Cloud-based Solutions and Integrated Features
- Growing Trade Business in the United States and Canada

The Global IFTA Software Market segments and Market Data Break Down are illuminated below:
by Type (Standalone, Integrated), Application (IFTA Report Generation, Fuel Tax Calculation, Penalty Calculation, Fuel & Mileage Tracking, Others), Deployment Type (On-premise, Cloud-Based), Pricing (Monthly Subscription, Annually Subscription), End User (Owner Operators, Fleet Managers, Broker)

Global IFTA Software market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
- -To carefully analyze and forecast the size of the IFTA Software market by value and volume.
- -To estimate the market shares of major segments of the IFTA Software
- -To showcase the development of the IFTA Software market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the IFTA Software market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the IFTA Software
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the IFTA Software market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:
IFTA Software Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of IFTA Software market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- IFTA Software Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- IFTA Software Market Production by Region IFTA Software Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in IFTA Software Market Report:
- IFTA Software Overview, Definition and Classification Market drivers and barriers
- IFTA Software Market Competition by Manufacturers
- Impact Analysis of COVID-19 on IFTA Software Market
- IFTA Software Capacity, Production, Revenue (Value) by Region (2021-2027)
- IFTA Software Supply (Production), Consumption, Export, Import by Region (2021-2027)
- IFTA Software Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
- IFTA Software Manufacturers Profiles/Analysis IFTA Software Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
- How feasible is IFTA Software market for long-term investment?
- What are influencing factors driving the demand for IFTA Software near future?
- What is the impact analysis of various factors in the Global IFTA Software market growth?
- What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.