Over the forecast period (2021-2027), the transportation management system market is forecast to grow at a CAGR of 16.2%. It appears that the driving force behind the growth of the transportation management system market is the rapid development of smart cities, rapid changes in the transport industry, and the digitalization of major industries. As a result of digitalization and investments in technological development, consumer goods companies are experiencing rapid growth over the last decade. Businesses are tracking goods electronically, using wireless connectivity, and using handheld devices for their staff.
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Industry Dynamics of Transportation Management Systems
- Transportation management systems are being adopted for supply chain management and transportation activities by transportation companies and third-party providers due to digital technology’s impact on the transportation industry.
- A rise in cloud-based applications has contributed to positive growth in the transportation sector, which will boost the market for transportation management systems.
- A growing number of analytics solutions have emerged in the transportation space, which has led to an increase in demand for TMS systems.
- Developing transportation management systems is challenging because of the safety of data.
- Transport sector losses are significant when shipments are delayed or delivered incorrectly; however, it can significantly reduce loss potential by adopting a transportation management system.
Impact of COVID-19 on Transportation Management System Market
Globally, the COVID-19 has a significant impact on the market for transportation management systems. COVID-19 is likely to have a significant impact on the supply chain and services industries. A significant impact on the transportation industry and changes in regulatory policies may have substantial repercussions for the market growth of transportation management systems.
Outline of the Report
The report presents a global market for transportation management systems by mode, application, and deployment.
The transportation management systems market segments by mode:
- Railways
- Airways
- Roadways
- Maritime
The transportation management systems market segments by application:
- Hospital
- Travel and tourism
- Consumer goods and retail
- Parcel and package
- Fire station
- Mining
The transportation management systems market segments by deployment:
- Hosted
- On-Premises
Regional Outlook of Transportation Management System Market:
The global transportation management system market consists of five subdivisions – North America, Middle East, South America, Asia Pacific, Europe, and Africa. The North America market for transportation management systems held the largest share in 2020, followed by Europe and Asia-Pacific. Furthermore, the Asia-Pacific transport management system market to grow rapidly due to the rapid expansion of the automotive and transportation industries in the region.
Key Competitors of Transportation Management System Market
Globally, the market for transportation management systems is highly fragmented, with several small companies. Globally, the most important players in the industry are:
- SAP SE
- Manhattan Associates
- Inet-Logistics GMBH
- Mercury Gate International, Inc.
- Oracle Corporation
- Descartes
- JDA Software, Inc.
- CTSI-Global
- BluJay Solutions
- Efkon AG
- Metro Infrasys Private Limited
- TMW Systems, Inc.
The transportation management system market report provides a comprehensive analysis of macroeconomic factors and each segment’s market attractiveness. In addition to analysing the segmental/regional outlook, the report will assess how the top players perform in the respective segments and regions. The report includes inputs as well as conclusions.
Comprehensive Analysis of Transportation Management System Market:
- Market Segmentation & Regional Analysis
- Porter’s Five Forces & Value Chain Analysis
- Supply & Demand Analysis
- Product Life Cycle Analysis
- Developed & Emerging Economies Analysis
- Market and Forecast Factor Analysis
- Market Opportunities, Risks, & Trends
- Market Size of 10 years
- Pricing Analysis
- PEST Analysis
- Conclusion & Recommendation
- Regulatory Landscape
- Patent Analysis
- Competition Landscape
- 15+ Company Profiles
Regional Analysis of Transportation Management System Market:
- North America
- Europe
- Asia Pacific
- South America
- The Middle East & Africa
Target Audience of Transportation Management System Market:
- Government authorities, associations, and organizations
- Research Institutions and Universities
- Trade publications and magazines
- Transportation management system service providers
- Transportation management system solution providers
Table of Content
Chapter 1: Global Transportation Management System Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Transportation Management System market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Transportation Management System Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Transportation Management System market Size Forecast (2023-2032).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Transportation Management System market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Transportation Management System market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Transportation Management System market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Transportation Management System business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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