Transportation Management Systems (TMS) Market Projected to reach 3750 Million $ by 2023 | Key players include JDA Software, Oracle, Omnitracs, ORTEC, MercuryGate

Global Transportation Management Systems (TMS) Market Report 2019 offers elaborated knowledge on the market parts like size, Key Regions, growth, trends, dominating firms, Major Manufactures. The Transportation Management Systems (TMS) report introduces market competition situation among the vendors, revenue, product & services, latest developments and business strategies.

Global Transportation Management Systems (TMS) Market Overview:

According to market analysts, Global Transportation Management Systems (TMS) Market is projected to grow at a high CAGR value from 2019 to 2023.

Sample Copy of “Global Transportation Management Systems (TMS) Market” Report Available @ https://www.businessindustryreports.com/sample-request/152297 .

Market analysts believe that in the next few years, Transportation Management Systems (TMS) market size will be further expanded, we expect that by 2023, The market size of the Transportation Management Systems (TMS) will reach 3750.0 million $.

The real-time economy demands faster and timely execution of business processes in every industry, especially in the supply chain, logistics, and transportation industries. This is expected to drive the growth of the transportation management system market.

Transport management system (TMS) is a part of planning and execution system which provide solution that help companies to carry out operation more efficiently, reliably and cost effectively. A transportation management system (TMS) is a subset of supply chain management concerning transportation operations and may be part of an enterprise resource planning system.

TMS helps transport companies to optimize the routes of shipment from origin to destination considering all the factors including planning, execution, fleet management etc. TMS is used by various enterprises not only as a multifunction system but also as a comprehensive managerial system.

The Transportation Management Systems (TMS) Market is segmented based on Transportation Mode (Railways and Roadways), Component, Application and Regions.

Based on component, the market is divided into Solution Type, Hardware, and Services. By services, Support and maintenance services segment is expected to grow at the highest CAGR during the forecast period.

On the basis of application, the market is sub-segmented into Parcel and package, Fire station, Hospital, Travel and tourism, Mining and other. Travel and tourism application segment is expected to have the largest market size by the end of the forecast period.

Regionally, The Asia-Pacific region is emerging as a center for economic and international trade developments. In addition, North America is expected to account for the largest share in the global transport management system market over the forecast period due to integration of GPS and route planning system.

This report includes a study of strategies, of major market players. It includes JDA Software, Oracle Corporation, Manhattan Associates, Descartes, SAP SE, BluJay, TMW Systems, Omnitracs, ORTEC, HighJump, MercuryGate, One Network Enterprises, Precision Software, CargoSmart, Next Generation Logistics.

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Key Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

The report also focuses on the significance of industry chain analysis and all variables, both upstream and downstream. These include equipment and raw materials, client surveys, marketing channels, and industry trends and proposals. Other significant information covering consumption, key regions and distributors, and raw material suppliers are also a covered in this report.

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