Transportation Management Systems Market Research Outlook upto 2022 - On-Premise and On-Demand

A transportation management system (TMS) is a software solution and a key component of supply chain management which is used to plan and manage the movement of freight. A transportation management system includes planning and managing all transportation and logistics activities. A transportation management system allows end-use customers to plan and execute transportation of goods in a cost-effective and reliable manner across the supply chain. The services offered by transportation management systems include freight consolidation, scheduling and routing, freight audit/payment, and load forwarding support among others.

Transparency Market Research has recently published a research report, titled “Transportation Management Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022.” The report analyzes the market using Porter’s five forces analysis to highlight the threat of new entrants, the bargaining power of suppliers, the bargaining power of customers, the intensity of competitive rivalry, and the threat of substitute products or services. Furthermore, the research report also uses SWOT analysis to bring out the strengths, weaknesses, opportunities, and threats facing the segments of the overall global transportation management systems market. Additionally, for a holistic view of the market, the experts have added an analysis of the historical data and its comparison with the current market situation to map a trajectory of the market for the coming few years.

Research Brochure Download for Detailed Analysis: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4426

A transportation management system (TMS) is a software solution that forms an integral part of the supply chain management. These systems are employed for planning and managing the movement of freight and all forms of logistical activities. Transportation management systems enable reliable and cost-effective supply chain management.

According to the market research report published by Transparency Market Research, Analysts predict that between 2014 and 2022, the market will rise at a CAGR of 12.20% to reach US$19.2 bn by the end of 2022. The positive incline in the overall transportation management systems market is attributable to the expansion of intermodal transportation. Furthermore, as the old transportation management system installations require renewals and replacements, they are expected to fuel the overall transportation management systems market. Additionally, the growing usage of SaaS-based TMSs is also expected to propel the global transportation management systems market in the coming years.

The global transportation management systems market is segmented on the basis of end-use application, software deployment, and geography. The end users of transportation management systems are food and beverages, transportation and logistics, electrical and electronics, retail, and others such as pharmaceuticals. On the basis of software deployment, the overall market is segmented into on-demand and on-premise. Geographically, this market is segmented into Asia Pacific, North America, Asia Pacific, and Rest of the World.

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