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Transportation Management System Market 2023- Trend, Analysis, Competition Tracking, Size, Share And Forecast To 2032
Transportation Management System Analysis
Transportation Management System Market Size, Growth Rate, And Forecast
The global transportation management system market size is expected to grow from $9.63 billion in 2022 to $11.27 billion in 2023 at a compound annual growth rate (CAGR) of 17.00%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The transportation management system market size is expected to reach $20.88 billion in 2027 at a CAGR of 16.67%.
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Transportation Management System Market Drivers
The adoption of cloud and IoT applications is expected to drive the growth of the transportation management system market. APIs and other interfaces for pushing and extracting data to and from IoT sensor devices and downstream applications are included in IoT and cloud applications. The Internet of Things (IoT) delivers highly integrated and simplified transportation and warehouse management solutions in the transport, logistics, and fleet management sectors, connecting in-vehicle sensors and other cohesive digital devices through the network.
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Transportation Management System Market Segments
1) By Solution Type: Planning And Execution, Order Management, Audit, Payment, And Claims, Reporting And Analytics, Routing And Tracking
2) By Component: Solution, Services
3) By Deployment: On-Premise, Cloud
4) By Transportation Mode: Roadways, Railways, Airways, Maritime
5) By Industry Vertical: Retail, Healthcare And Pharmaceutical, Manufacturing, Energy And Utilities, Government Sector, Other Industry Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the transportation management system market.
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Transportation Management System Market Key Players
Major competitors in the transportation management system market include Oracle Corporation, SAP SE, CH Robinson, Trimble, Blujay Solutions, Mercurygate International Inc., Blue Yonder, 3GTMS.
The Business Research Company's "Global Transportation Management System Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Transportation Management System Market Include:
1. Executive Summary
2. Transportation Management System Market Characteristics
3. Transportation Management System Market Trends And Strategies
4. Transportation Management System Market - Macro Economic Scenario
5. Transportation Management System Market Size And Growth
.......
26. Africa Transportation Management System Market
27. Transportation Management System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Transportation Management System Market
29. Transportation Management System Market Future Outlook and Potential Analysis
30. Appendix
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