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The global route optimization software market size is slated to expand at 15% CAGR between 2023 and 2035. The market is poised to garner a revenue of USD 180 billion by the end of 2035, up from a revenue of USD 6 billion in the year 2022. The growth of this market can be attributed to the escalating demand for advanced transportation management systems, rapid advancement in technology, and increasing integration by logistics companies across the globe. Key route optimization software market players include Trimble Inc., Caliper Corporation, Descartes Systems Group Inc, ESRI Global Inc., Onfleet Software Company, Best Mile Sarl Software Company, Arundo Analytics, Inc, and PTV Group.
