Freight Transport Management Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Freight Transport Management Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Freight Transport Management Market Size and Its Estimated Growth Rate?
The freight transport management market size has grown rapidly in recent years. It will grow from $27.28 billion in 2024 to $30.5 billion in 2025 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to increased globalization, growing population, increase in demand for goods and services, increase in government policies aimed at promoting global trade, and rising freight transportation.

The freight transport management market is expected to grow rapidly, reaching $46.99 billion by 2029 at a CAGR of 11.4%. The growth can be attributed to trade expansion, the rise of e-commerce, the growing complexity of supply chains, the increasing need for freight management solutions, and rising transport volumes. Key trends include technological innovations, growth toward information technology, product innovations, investment in advanced transport management solutions, and developments in freight management systems.

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How Are Emerging Segments Shaping the Freight Transport Management Market Landscape?
The freight transport management market covered in this report is segmented -

1) By Offering: Solution, Services
2) By Deployment: On-Premise, Cloud
3) By Application: Road Freight, Rail Freight, Air Freight, Ocean Freight
4) By End-User: Manufacturing, Retail, Healthcare, Oil And Gas, Food And Beverage, Other End Users

Subsegments:
1) By Solution: Fleet Management Software, Warehouse Management Systems (WMS), Transportation Management Systems (TMS), Supply Chain Visibility Solutions, Route Optimization Solutions, Freight Tracking Solutions, Load Optimization Solutions, Other Solutions
2) By Services: Consulting Services, System Integration Services, Training and Support Services, Managed Services, Maintenance Services, Other Services

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Which Growth Factors Are Influencing Freight Transport Management Market Expansion?
The rise of e-commerce is expected to drive the growth of the freight transport management market in the coming years. E-commerce refers to the buying and selling of goods and services over the internet, encompassing a wide array of transactions, including online retail, digital downloads, and business-to-business sales. E-commerce growth is fueled by factors such as increasing internet access, expanding mobile connectivity, convenience-driven consumer behavior, and ongoing innovations in online shopping platforms and technology. Freight transport management is crucial for e-commerce to ensure timely and efficient delivery of goods, optimize logistics, reduce shipping costs, and maintain customer satisfaction. For example, in February 2024, the U.S. Census Bureau reported that U.S. e-commerce sales reached approximately $1,118.7 billion in 2023, reflecting a 7.6% increase from 2022. E-commerce sales in 2023 accounted for 15.4% of total retail sales, up from 14.7% in 2022. Therefore, the rise of e-commerce is driving the growth of the freight transport management market.

Who Are the Dominant Players Across Different Freight Transport Management Market Segments?
Major companies operating in the freight transport management market are DHL International GmbH, Amazon Web Services Inc., CEVA Logistics, accenture* Plc, IBM Corporation, Oracle Corporation, DSV A/S, SAP SE, Union Pacific Corp., Cleveland-Cliffs Inc., Geodis SA, DB Schenker, Landstar System Inc., Korber AG, Fusion Transport, Universal Logistics Holdings Inc., Transportation Insight LLC, SEKO Logistics Ltd., Covenant, Manhattan Associates inc., Descartes Systems Group Inc., IBS Software, JDA Software Group Inc., CTSI-Global, HighJump Software LLC

What Trends Are Driving Growth in The Freight Transport Management Market?
Leading companies in the freight transport management market are creating innovative software tools like transport management software to provide customers with enhancements. The Transportation Management Software (TMS) is a dedicated system used by supply chain and logistics experts for planning, carrying out, and improving the goods' transportation. For example, WrxFlo, an Irish supply chain software firm, debuted its WrxFlo Transport Management System in December 2022. The WrxFlo TMS is a software solution intended to help businesses smoothly handle the logistics of moving physical goods, whether on land, in the air, or at sea. This all-inclusive platform allows companies to streamline operations by monitoring all transport activities across their global supply chain. WrxFlo TMS enables haulage operators to effectively strategize, implement, and visualize logistics plans in real time, leading to significant savings in terms of time and costs.

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Which Geographic Regions Are Expected to Dominate the Freight Transport Management Market in the Coming Years?
North America was the largest region in the freight transport management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the freight transport management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Freight Transport Management Market?
2. What is the CAGR expected in the Freight Transport Management Market?
3. What Are the Key Innovations Transforming the Freight Transport Management Industry?
4. Which Region Is Leading the Freight Transport Management Market?

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