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The Latin America, Middle East and Africa Route Optimization Software Market would witness market growth of 21% CAGR during the forecast period (2017-2023), and the growth could be attributed to factors such as growing need of operational competency in route management, surging demand for online cab booking, and significant focus towards developing cloud deployment models. Nevertheless, limited awareness and poor IT infrastructure in underdeveloped regions, including Africa and the Middle East, are the factors that would hinder the route optimization software market growth.
Based on Type, the market report segments the market into Solution and Services. Based on Organization Size, the Route Optimization Software market segments the market into Small & Medium Enterprises and Large Enterprises. Based on Deployment Type, the Route Optimization Software market segments the market into Cloud and On-Premise. Based on Vertical, the market report segments the market into Retail & FMCG, On-demand Food Delivery, Homecare & Field Services, Taxi, and Others. Based on Countries, the Route Optimization Software market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the Route Optimization Software Market. Key companies profiled in the report include Fastleansmart UK Ltd., GeoConcept SA, MiT Systems, OptimoRoute Inc., ORTEC, Paragon Software Systems Plc., Prism Visual Software, Inc., Route4Me, Inc., and Routific Wise Systems Inc.