PUBLISHER: Value Market Research | PRODUCT CODE: 1274317
PUBLISHER: Value Market Research | PRODUCT CODE: 1274317
The global demand for Transportation Management Systems Market is presumed to reach the market size of nearly USD 49.01 BN by 2030 from USD 13.11 BN in 2022 with a CAGR of 17.92% under the study period 2023 - 2030.
Transportation management systems refer to the platform which automates and manages the entire transportation process. Transportation management systems are considered a part of modern supply chain management technology. It is responsible for different aspects of product transportation. The system handles various functions such as arranging, managing, monitoring and other aspects of transportation. The system also plans for both anticipated and uncertain occurrences. The system assists in increasing the efficiency of shipment and reducing costs. It offers real-time supply chain visibility. They assist in diminishing the overall stress of the supply chain.
The rise in trade and growing bilateral relations among different nations all over the world is pushing the growth of transportation management systems market. Growth in the retail and E-Commerce industry and an increase in online shopping contribute to the demand for this market. Growing preference for SaaS-based TMS solutions is surging the demand for this market. Continuous technological innovation and integration of the latest technology, including blockchain and artificial intelligence, are projected to create multiple growth opportunities for this market in the upcoming years. The growing adoption of cloud-based technology and cloud computing is augmenting the demand for this market. However the rise and concern for data security may hinder the growth of this market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of transportation management systems. The growth and trends of transportation management systems industry provide a holistic approach to this study.
This section of the transportation management systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Transportation Management Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the transportation management systems market include 3GTMS, BluJay Solutions Ltd., Cerasis Inc., C.H. Robinson Worldwide Inc., The Descartes Systems Group Inc., Infor Inc., International Business Machines Corp., inet-logistics GmbH, JDA Software Group Inc., Manhattan Associates, MercuryGate International Inc., Oracle Corp., SAP SE, Trimble Transportation Enterprise Solutions Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.