Press release
Transportation Management System Market to reach USD 36.39 Bn by 2029, emerging at a CAGR of 17.6 percent and forecast 2023-2029
Transportation Management System Market, Transportation Management System Market Share,
The Transportation Management System (TMS) Market Report by Maximize Market Research Pvt Ltd offers a comprehensive scope that delves into various facets of the industry. The report covers key market segments, including Components, Transportation Mode, Organization Size, Vertical, Deployment Mode, and Region. This segmentation enables a nuanced understanding of the market dynamics, allowing users to identify prevalent growth factors and discern gaps in the target market. The report employs a robust research methodology, utilizing both secondary and primary research. Secondary research involves a meticulous analysis of annual and financial reports of leading manufacturers, while primary research entails interviews with key opinion leaders and industry experts, including frontline personnel, entrepreneurs, and marketing professionals. The methodology incorporates a bottom-up approach to estimate market size, and the report includes statistically supported and industry-validated market statistics. Additionally, the report provides historical data and meaningful insights, offering stakeholders a comprehensive analysis of the Transportation Management System market.
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What are Transportation Management System Market Dynamics:
greater number of firms choose to purchase off-the-shelf systems to support their transportation needs while other firms using a TMS choose to outsource the effort completely and allow a vendor or third-party provider to host the needed services. One study noted that on-demand TMS is becoming increasingly popular in light of cost concerns and the substantial development time required of hosted systems. On-demand solutions also prove more affordable for small and medium-sized companies, though companies of various sizes in the sample reported the use of externally-hosted systems.
While the level of investment varied substantially, the cost of TMS technology appears relatively low, when compared to many other logistics information systems. The cost to purchase a hosted TMS ranged from a low of USD 100,000 to a high of USD 1,000,000. Similarly, installation costs of these systems exhibited wide disparity, ranging from USD 20,000 to USD 450,000. The annual maintenance of these types of systems should be a concern and another study's results indicated a substantial range in annual maintenance costs, ranging from USD 4,000 per year to USD 400,000 per year.
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Transportation Management System Market Regional Insights:
Transportation Management System (TMS) Market Report provides in-depth regional insights, shedding light on the market dynamics across different geographical areas. The report focuses on key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In North America, the Transportation Management System Market is anticipated to grow at a CAGR of 9.1% during the forecast period, with significant growth observed in cloud-based systems providing scalable options for enterprises of all sizes. The market in Europe features local and multinational companies actively participating in the TMS sector, such as Transporeon, Soloplan, and LIS in Germany, reflecting diverse industry dynamics. The Asia Pacific TMS market is projected to grow at a CAGR of 9.3%, buoyed by the continuous expansion of the retail and e-commerce sectors in countries like India, China, Singapore, and Malaysia. The region is also witnessing government initiatives aimed at creating a conducive environment for the development and distribution of intelligent transportation systems, further contributing to the regional market's growth. These insights provide stakeholders with a nuanced understanding of the specific trends and opportunities shaping the Transportation Management System Market in different parts of the world.
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What is Transportation Management System Market Segmentation:
by Component
• Solution
• Services
by Transportation Mode
• Roadways
• Railways
• Airways
• Maritime
by Organization Size
• Large Enterprises
• SMEs
by Vertical
• Retail
• Healthcare and Pharmaceutical
• Manufacturing
• Transportation and Logistics
• Energy and Utilities
• Government
• Others
by Deployment Mode
• On-premises
• Cloud
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Who are Transportation Management System Market Key Players:
•Oracle(US)
• Elemica(US)
• 3Gtms(US)
• Shipwell(US)
• Group(US)
• MercuryGate International(US)
• Blue Yonder(US)
• Ratelinx(US)
• oTMS(US)
• Worldwide Express(US)
• Infor(US)
• Transplace(US)
•Manhattan Associatess(US)
• C.H. Robinson(US)
• E2open Trimble(US)
• WiseTech Global (Australia)
• Descartes Systems (Canada)
• Alpega Group( Belgium)
• Generix Group(France)
• 3T Logistics & Technology Group(UK)
• nShift(Finland)
• BlueRock Logistics(Netherlands)
• TESISQUARE(Italy)
• SAP (Germany)
• DDS Logistics(India)
Table of content for the Transportation Management System Market includes:
1. Global Transportation Management System Market: Research Methodology
2. Global Transportation Management System Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Transportation Management System Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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