COVID-19 Impact on Transportation Management System Market 2020 | Oracle Corporation, SAP SE, 3GTMS, BluJay Solutions, CargoSmart, CTSI-Global, EFKON GmbH, Manhattan Associates, MercuryGate International, Metro Infrasys, The Descartes Systems Group, and T

The global transportation management system market to register a CAGR of around 16% during 2020-2025.

Transportation management system (TMS) is a logistics platform that assists in planning, executing, and optimizing the physical movement of goods. It is a subset of supply chain management (SCM) system that offers trade compliance information and documentation and day-to-day transportation operations.

Transportation Management System Market Trends:

The rising digitalization, population growth, and congestion in metro cities are among some of the major driving factors of the TMS market. These systems are widely incorporated by manufacturers, distributors, wholesalers, retailers, and third-party logistics providers to minimize the overall maintenance costs and frequency of shipment delays. Besides this, the flourishing e-commerce industry has also escalated the demand for TMS for maintaining shipping operations. Moreover, the availability of the Internet of Things (IoT)-enabled solutions aids in real-time monitoring of the process to track freight both locally and globally, and simplifying supply chain processes, which in turn is expanding their application across numerous end-use industries. These factors are expected to create a positive outlook for the market in the near future.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Transportation Management System Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include 3GTMS Inc., BluJay Solutions Ltd., CargoSmart Ltd., CTSI-Global, EFKON GmbH, Manhattan Associates Inc. (NASDAQ: MANH), MercuryGate International Inc., Metro Infrasys Pvt. Ltd., Oracle Corporation (NYSE: ORCL), SAP SE (NYSE: SAP), The Descartes Systems Group Inc., TMW Systems Inc., etc.

The report has segmented the market on the basis of Transportation Mode, Offering, Deployment Type, Application, and region.

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Breakup by Transportation Mode:

Railways
Roadways
Airways
Waterways

Breakup by Offering:

Software
Hardware
Services

Breakup by Deployment Type:

On-Premises
Cloud-based

Breakup by Application:

Retail and E-commerce
Manufacturing
Logistics
Government Organizations
Healthcare
Travel and Tourism
Others

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Key highlights of the report:

• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Competitive Structure
• Profiles of Key Players

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This release was published on openPR.