Freight Transportation Management System Market: Intense Competition but High Growth & Extreme Valuation

The latest study released on the global 'Freight Transportation Management System' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Freight Transportation Management System' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
The Descartes Systems Group Inc. (Canada), Oracle Corporation (United States), Werner Enterprises (United States), Mercury Gate (United States), SAP (Germany), JDA Software (United States), Ceva Logistics (Switzerland), C.H. Robinson (United States), Manhattan Associates (United States)
A freight transportation management system (TMS) is a logistics platform that uses technology to help businesses plan, execute, and optimize the physical movement of goods, both incoming and outgoing and making sure the shipment is compliant, proper documentation is available. This kind of system is often part of a larger supply chain management (SCM) system. A freight TMS allows shippers to automate the processes they have in place and receive valuable insights to save time and reduce spend on future shipments.

On January 8, 2020, Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, has announced that Jackson, MI-based Automated Logistics Systems (ALS), is improving real-time shipment visibility and operating efficiency through the Descartes MacroPoint solution.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Freight Transportation Management System Market various segments and emerging territory.

Influencing Market Trend
• Replacement of On-premises TMS to Cloud-Based TMS
• Ability to Track Freight, both Locally and Globally, On a Single Platform
Market Drivers
• Growing congestion problems and environmental & safety considerations are driving the demand for freight transportation management system market. Moreover, owing to globalization, companies need to enhance their competitiveness through leanness or agility.
• Automation of Business Operations for Faster and More Accurate Billing and Documentation
• Improvement in Visibility and Security, Especially in Transit
Opportunities:
• Technological Innovations Such As IoT Fleet Monitoring, Adaptive Intelligence and Machine Learning, Blockchain, and Cold Chain Management
• Huge Investments in Transportation Management System
Challenges:
• Integration with Other System and Softwares

Analysis by Application (Freight Management, Planning, Execution, Administration, Others), Enterprise Size (Large Enterprises, Small and Medium Enterprises (SMEs)), Industry Vertical (Aerospace and Defence, Automotive, Oil and Gas, Consumer and Retail, Energy and Power, Others), Deployment (On-premises, Hosted or Cloud), Mode of Transport (Rail Freight, Road Freight, Ocean Freight, Air Freight), Component (Software (Stand-alone Software, and as Modules), Services (Managed Services)), End User (Manufacturers, Logistics Service Providers (LSPs), Distributors, Others)

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The regional analysis of Global Freight Transportation Management System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

On July 24, 2019, MercuryGate International, Inc., a leader in Transportation Management System (TMS) solutions, has announced that it has acquired TranSolutions, Inc., the leading provider of transportation-centric claims management software

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/48592-global-freight-transportation-management-system-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Freight Transportation Management System market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Freight Transportation Management System market.

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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
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This release was published on openPR.