Global Postal Presort Software Market Growth (Status and Outlook) 2024-2030
Postal Presort software helps in-house or third-party mailing teams prepare bulk direct mailings faster and more efficiently for handoff to the post office. Similar to address verification software, these tools automate data cleaning to ensure physical addresses are up to date, no duplicate mailings are generated, and all produced address labels are standardized. Postal Presort software often utilizes powerful algorithms to catch nicknames, initials, and abbreviations that could otherwise be difficult for workers to catch, as well as to identify households for consolidating mail recipients. Once mailings have been cleansed for accurate data, these tools then automate presorting to ensure businesses receive the maximum postage discounts possible from post offices.
Additionally, postal presort software can assist with identifying mail specifications such as carrier routes and delivery points to maximize mail deliverability. Either directly or through integrations, they support printing for address labels, container tags, and any required postal paperworks and statements. Users can also create templates and save settings for future mailings.
The global Postal Presort Software market size is projected to grow from US$ 1173.9 million in 2023 to US$ 2135.1 million in 2030; it is expected to grow at a CAGR of 8.9% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Postal Presort Software Industry Forecast” looks at past sales and reviews total world Postal Presort Software sales in 2023, providing a comprehensive analysis by region and market sector of projected Postal Presort Software sales for 2024 through 2030. With Postal Presort Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Postal Presort Software industry.
This Insight Report provides a comprehensive analysis of the global Postal Presort Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Postal Presort Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Postal Presort Software market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Postal Presort Software and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Postal Presort Software.
Some of the future market trends of Postal Presort Software are
Increasing demand for cloud-based solutions that offer scalability, flexibility, and cost-effectiveness for mailing operations.
Growing adoption of artificial intelligence and machine learning to enhance data quality, accuracy, and efficiency of postal presort processes.
Rising need for compliance with changing postal regulations and standards, such as USPS CASS, SERP, NCOA, and USPS PAVE.
Expanding market opportunities in emerging regions, such as Asia Pacific and Latin America, where e-commerce and direct marketing are booming.
Growing integration of Postal Presort Software with other mailing solutions, such as address verification, mail tracking, and reporting.
This report presents a comprehensive overview, market shares, and growth opportunities of Postal Presort Software market by product type, application, key players and key regions and countries.
Segmentation by type
Cloud-Based
On-Premises
Segmentation by application
Enterprises
Nonprofits & Associations
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Melissa
AccuZIP
TEC Mailing Solutions
Lorton Data
BCC Software
Quadient
Anchor Computer
Postage $aver
Pitney Bowes
Datatech SmartSoft
Please note: The report will take approximately 2 business days to prepare and deliver.