Transportation Management System Market: Advance Technologies in All the Sectors to Encourage Market GrowthA transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost of lifecycle, thereby making web-based applications more attractive and appealing to shippers. Retailers across the globe have realized that the significance of technology for the purpose of achieving real-time visibility of operations so as to track products as they leave manufacturing facility and move through the supply chain. As such, the retailers are gradually moving shifting away from platform-based solutions and are switching to technologies that are cloud-based.
PDF Brochure For Future Advancements:
A few of the major players in the international market for automotive transportation management systems are SAP SE , Oracle Corporation, CargoSmart Ltd., JDA Software Group, Inc., Descartes Systems Group, Inc., BluJay Solution, Manhattan Associates, Inc., Precision Software, Inc., 3GTMS, Inc., One Network Enterprises amongst many others. These transportation management system vendors are constantly trying to expand the capabilities of transport management solutions so as to enable end-users coordinate their supply chain operations effectively.
The world market for transportation management systems stood at around US$ 9,600.8 mn in the year 2016. Expanding at a healthy rate of 13.6% CAGR from the year 2017 to 2025, the opportunity in this market is likely to touch around US$ 30,044.1 mn by the end of the year 2025.
Get Sample PDF at:
The world market for transportation management systems has been regionally segmented into the geographies of South America, North America, Asia Pacific, Middle East and Africa, and Europe. Out of all of these regions, North America is estimated to lead the market and it is expected to be closely followed by Europe. In the year 2016, North America has held around 37.5% of the global market and is estimated to remain dominant over the next few years.
In accordance with the lead author of this report, the demand for advanced technologies is rising in each and every sector and as such manufacturers that are active in the world market for transportation management system are also striving hard to incorporate advanced technologies in a bid to come up with innovative solutions. As most of transportation management system solutions which are present in today’s world had being deployed before the phenomenal penetration of smartphones, it has become very important for updating the supply chain applications.
This might be a difficult task but manufacturers are realizing cost effectiveness and its own long-term benefits. This in turn is forecasted to boost the growth of the international market for transportation management. The growing intermodal transportation is also behind the soaring demand for TMS Solutions. The growing popularity of software-as-a-service based transportation management system solutions is also estimated to be a trend which will assist the market to grow.
Transparency Market research is into analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.
Unit No.701, 7th Floor,
NSG IT Park, Aundh,
Pune - 411007
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Transportation Management System Market: Advance Technologies in All the Sectors to Encourage Market Growth here
News-ID: 1472080 • Views: 270
More Releases from TMR - Research Reports
Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period. digital door lock systems market
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report. Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to
Flat Panel X-Ray Detectors Market: Overview of key Market Forces Propelling and …
PerkinElmer, Konica Minolta, Inc., Rayence, Inc., and Olympus Corporation collectively account for around 56.1% of the overall share in global flat panel x-ray detectors market in 2015. The strong presence of these firms in the market are overshadowing the smaller shares accounted by other regional firms. These players are foreseen to keep on dominating the market in forthcoming years as well, as per the revenue rates and size. Moreover, it
More Releases for America
Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the