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Know the growth prospect of Transportation Management System Market 2019 | key players: 3GTMS, Inc., The Descartes Systems Group Inc., Manhattan Associates, Oracle Corporation, C.H. Robinson Worldwide

02-28-2019 12:01 PM CET | Logistics & Transport

Press release from: Premium Market Insights

Know the growth prospect of Transportation Management System

The global TMS market accounted for US$ 1,920.6 Mn in 2017 and is expected to grow at a CAGR of 7.02% over the forecast period 2018 - 2025, to account for US$ 3,262.3 Mn in 2025.

The demand for TMS is largely influenced by rise in the number of retail and e-commerce players in the developing economies across the globe which helps to raise the installation of TMS tools. Also, rapid industrialization leads into prompt infrastructural developments which further impacts positively on thriving the overall economy.

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Some of the players present in transportation management system market are 3GTMS, Inc., The Descartes Systems Group Inc., Manhattan Associates, Oracle Corporation, C.H. Robinson Worldwide, Inc., JDA Software Group, Inc., BluJay Solutions Ltd., SAP SE, and MercuryGate International Inc. among others.

The TMS market is fragmented with the presence of several industries and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to further accelerate the TMS market. For instance, Dallas Department of Transportation has signed an agreement with Ericsson. Under this agreement, Ericsson aims to offer software and hardware for traffic management systems to ensure a enhance communication network. It enables communication throughout varied networks. Also, decision for setting of a regulatory framework may affect the configuration of transport and logistic networks.

On the basis of function, the large enterprise segment is leading the TMS market. However, the small enterprises are anticipated to grow at a highest CAGR. The large enterprises is witnessing a high adoption of TMS to manage their entire internal and external supply chain services. Moreover, growth in large and well-established retail and e-commerce industries is further plays a major role in contributing towards the growth of transportation management system market.

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Table of Contents

1. Introduction
2. Key Takeaways
3. Transportation Management System Market Landscape
4. Transportation Management System Market - Key Industry Dynamics
5. Transportation Management System Market Analysis- Global
6. Transportation Management System Market Revenue And Forecasts To 2025 – By Component
7. Market Revenue And Forecasts To 2025 – Function
8. Market Revenue And Forecasts To 2025 – Deployment Type
9. Market Revenue And Forecasts To 2025 – Industry Vertical
10. Global Market Geographical Analysis
11. Industry Landscape
12. Competitive Landscape
13. Transportation Management System Market, Key Company Profiles
14. Appendix

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