Transportation Management System Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Transportation Management System Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Transportation Management System Market by thorough analysis, and projections are made up to 2030.
Expected Expansion of Transportation Management System Market:
Transportation Management System (TMS) Market was valued at USD 12.72 Bn in 2023 and is expected to reach USD 41.10 Bn by 2030, at a CAGR of 18.24 % during the forecast period.
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Transportation Management System Market Scope and Methodology:
This report examines the Transportation Management System market through various regions and extensive segmentation, offering a definition, description, and prediction. It includes many significant market factors as well as thorough qualitative and quantitative research. This involves examining the competitive environment, competitor profiles, sector analysis, economic impact, valuable perspectives, market dynamics, and market analysis.
The report deeply examines historical information, concentrating on various Transportation Management System market situations and performing a thorough assessment of the elements impacting the market, such as drivers, limitations, chances, hurdles, and upcoming trends. The report provides a detailed understanding of market potential, market dynamics, growth opportunities, segmented markets, geographic scenarios, competition analysis, and predictions using the appropriate methodology and assumptions. The research also includes analysis of the value chain, PESTLE analysis, impact analysis, and PORTER’s analysis.
Transportation Management System Market Regional Insights:
The examination explores the markets in the Middle East, Africa, South America, Asia Pacific, Europe, and North America in great detail. Comprehending the complex dynamics of the international Transportation Management System market is a crucial element of the regional analysis offered in the report. The report includes information on the import and export of products, market size, and growth rate for every country. Additionally, the report has also provided a summary of the most recent developments in the global Transportation Management System market in various countries and regions.
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Transportation Management System Market Segmentation:
by Component
Solution
Services
by Solution Type
Planning & Execution
Order Management
Audit, Payment, & Claims
Reporting & Analytics
Routing & Tracking
Planning & Execution, Order Management, Audit, Payment & Claims, Reporting & Analytics, and Routing & Tracking are the major segments that make up this market. The Transportation Management System (TMS) Market share that the Planning & Execution category held in 2023 is anticipated to continue to grow over the forecast period. The market is growing because of lower costs for the company, the end user, and automation of business processes for quicker and more accurate invoicing and documentation. The market is expected to increase as cloud and Internet of Things applications are increasingly used in TMS planning and execution. Additionally, omnichannel systems—which combine physical stores, internet, mobile, catalog, and other sales channels under one roof—are becoming more and more popular among retailers. Freight transit is increased as a result, and TMS aids in improving visibility for all shipments under one
by Deployment Mode
On-premise
Cloud
The market is divided into cloud and on-premise segments. During the course of the forecast period, the on-premise segment is anticipated to maintain its dominant market position in the Transportation Management System (TMS) market, having dominated it in 2023. The majority of long-standing manufacturing and distribution businesses still favor on-premise deployment of transportation management systems. This is due to the safety regulations, the ease of access to the server, and the increased control the corporation has over system customization. As more individuals become aware of the advantages of the cloud and how inexpensive it is to set up in comparison to on-premise deployment, end-use sectors are anticipated to embrace cloud TMS solutions in the upcoming years.
by Transportation Mode
Roadways
Railways
Airways
Maritime
by End User
Retail
Healthcare & Pharmaceutical
Manufacturing
Energy & Utilities
Government Sector
Others
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Transportation Management System Market Key Players:
1. Oracle Corporation – Redwood City, California, USA
2. SAP SE – Walldorf, Germany
3. Manhattan Associates, Inc. – Atlanta, Georgia, USA
4. JDA Software (now Blue Yonder) – Scottsdale, Arizona, USA
5. Descartes Systems Group Inc. – Waterloo, Ontario, Canada
6. C.H. Robinson Worldwide, Inc. – Eden Prairie, Minnesota, USA
7. MercuryGate International, Inc. – Cary, North Carolina, USA
8. Trimble Transportation – Sunnyvale, California, USA
9. HighJump (now Körber) – Minneapolis, Minnesota, USA
10. Kuebix (now part of Trimble Transportation) – Maynard, Massachusetts, USA
11. 3Gtms, Inc. – Shelton, Connecticut, USA
12. LLamasoft, Inc. – Ann Arbor, Michigan, USA
13. Transplace – Frisco, Texas, USA
14. Alpega Group – Brussels, Belgium
15. Blu Logistics – Guayaquil, Ecuador
16. One Network Enterprises – Dallas, Texas, USA
17. Manhattan Transportation Management – New York City, New York, USA
18. UROUTE – Austin, Texas, USA
19. FreightPOP – Fullerton, California, USA
20. Tailwind Transportation Software – Winnipeg, Manitoba, Canada
21. RT Systems, Inc. – Grand Rapids, Michigan, USA
22. Pacejet Logistics – Columbus, Ohio, USA
23. Tecsys Inc. – Montreal, Quebec, Canada
24. EasyPost – San Francisco, California, USA
Key questions answered in the Transportation Management System Market are:
- What is Transportation Management System?
- What will be the CAGR at which the Transportation Management System Market will grow size 2023?
- What are the upcoming industry applications and trends for the Transportation Management System Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Transportation Management System Market?
- What growth strategies are the players considering to increase their presence in Transportation Management System?
- Who are the key players in the Transportation Management System Market?
- Who are the leading companies and what are their portfolios in Transportation Management System Market?
- What is the growth rate of the Transportation Management System Market?
- What are the different segments of the Transportation Management System Market?
- What segments are covered in the Transportation Management System Market?
- Which are the factors expected to drive the Transportation Management System market growth?
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Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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