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Transportation Management System Market 2021 Strategic Assessment- 3GTMS Inc., CargoSmart Ltd., Descartes Systems Group Inc., JDA Software Group Inc., Oracle Corporation

09-06-2021 01:05 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The report presents an in-depth assessment of the Transportation Management System Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Transportation Management System from 2021 till 2025. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The Transportation Management System market was valued at USD 110.98 million in 2019 and is expected to reach USD 317.23 million by 2025, at a CAGR of 13% over the forecast period 2020 - 2025. 

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https://www.marketinsightsreports.com/reports/01091746211/transportation-management-system-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=S48  

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Transportation Management System Market: 3GTMS Inc., CargoSmart Ltd., Descartes Systems Group Inc., Manhattan Associates Inc., JDA Software Group Inc., Oracle Corporation, SAP SE, One Network Enterprises Inc., Precision Software Inc., MercuryGate International Inc., BluJay Solutions Ltd and others.

Key Developments:

- September 2019 - Manhattan Associates Inc. has expanded and enhanced its Indian operations with the opening of a new facility in Brigade Tech Gardens. This investment increases Manhattans footprint in India and reflects the companys strong commitment to the country.
- June 2019 - 3Gtms Inc., has partnered with Trimble for commercial routing solutions. Trimble MAPS (Maps and Applications for Professional Solutions) brings together the companys former ALK Technologies and TMW Appian Final Mile businesses, creating an integrated platform that delivers ALKs mileage, mapping, routing, and navigation technology along with Appians fleet routing, scheduling, and optimization solutions. As a complementary offering to 3G-TM transportation management software, Trimble MAPS commercial data and map-centric technology can be leveraged by 3Gtms customers along with the robust Tier 1 transportation management features of the uniquely designed 3G-TM system, including rating, planning, execution and more.

Scope of the Report
A transportation management system (TMS) is a subset of supply chain management (SCM) concerning transportation operations and may be part of an enterprise resource planning (ERP) system.It helps various industries and organizations with freight shipment and procurement with the help of tools such as route planning and optimization, yard management, freight audit, order visibility, payments load building, and carrier management. TMS also improves the efficiency of shipments, lower the costs incurred, and gaining real-time supply chain visibility with enhanced customer service.

Regional Analysis For Transportation Management System Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

Shifting towards Cloud Technologies in Supply Chain Management to Augment the TMS Market
- Vendor innovation along with the proliferation of e-commerce and omnichannel distribution are both pushing more shippers to consider TMS as part of their overall supply chain management strategy.
- Growing demand to improve governance and transparency, while expanding business capabilities among transportation industries is likely to drive the demand for cloud-based services in their operation.
- Major companies, such as Amazon and Walmart utilize cloud-based services in supply chain management to gain both financial and operational benefits. As cloud-based technologies are universally accessible, cloud-based software in logistics is estimated to increase rapidly, primarily because of its ability to connect teams and monitor the exact whereabouts of a shipment.
- A lot of companies are moving from older, on-premise platforms to either multi-tenant (when a single instance of the software runs on a server and serves multiple tenants) or Cloud-based solutions.
- Moreover, third party logistic providers offer technology service of TMS 87% over the year 2019. This traction is due to the increasing usage of TMS across the transportation and logistics industries.

Browse the Report Description And TOC:

https://www.marketinsightsreports.com/reports/01091746211/transportation-management-system-market-growth-trends-and-forecast-2020-2025?Mode=S48

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Transportation Management System Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com ).

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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