Future of the Transportation Management System Market: Trends, Innovations, and Key Forecasts Through 2034

"Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

Transportation Management System Market Size Growth Forecast: What to Expect by 2025?
The market size for the transportation management system has seen rapid expansion in recent years. With a compound annual growth rate (CAGR) of 16.6%, it is forecasted to expand from its $13.11 billion size in 2024 to $15.28 billion in the year 2025. The noteworthy increase in its historic period is due to various factors such as the rise in logistical complexity, regulatory adherence requirements, increment in fuel prices, the need for cost-effective procedures, customer expectations for quick deliveries, and the necessary integration with other systems.

How Will the Transportation Management System Market Size Evolve and Grow by 2029?
In the coming years, the transportation management system market is predicted to experience swift expansion. The market size is forecasted to reach $28.36 billion in 2029, with a compound annual growth rate (CAGR) of 16.7%. The projected growth during the forecast period can be attributed to factors such as the rise of autonomous vehicles, the push for more sustainable practices, the escalating complexity in last-mile delivery, the increasing significance of data analytics, the expansion of cross-border trade, and the need for scalability. Key trends to watch during the forecast period include the adoption of cloud-based TMS, real-time visibility and tracking, collaborative platforms and ecosystems, mobile TMS applications, the use of automated and autonomous vehicles in TMS, globalization and multi-modal transport, and the rise of subscription-based TMS models.

View the full report here:
https://www.thebusinessresearchcompany.com/report/transportation-management-system-global-market-report

What Drivers Are Propelling the Growth of Transportation Management System Market Forward?
The transportation management system market's growth is anticipated to be fueled by the uptake of cloud and IoT applications. These applications consist of APIs and other interfaces that facilitate the transfer of data to and from IoT devices and downstream applications. The Internet of Things (IoT) provides effective and comprehensive transportation and warehouse management solutions in the transportation, logistics, and fleet management sectors by linking in-vehicle sensors and other interactive digital devices over a network. For example, AAG IT Services, a UK-based IT and digital transformation services firm, reported a revenue increase in public cloud services in January 2024, soaring past $415 billion in 2022, marking a significant increase from $343 billion in 2021 and foreseen to rise to $526 billion in 2023. Furthermore, according to a report by the Health Sector Cybersecurity Coordination Center (HC3), a US-based element of the United States Department of Health and Human Services' Cybersecurity Program, around 7 billion devices were connected via the Internet of Things (IoT) in 2022, with a projected increment of about 20 billion more by 2025. Consequently, the embrace of cloud and IoT applications will boost the transportation management system market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8101&type=smp

Which Emerging Trends Are Transforming the Transportation Management System Market in 2025?
Progress in technology and automation are emerging trends in the transportation management system market. Industry leaders are concentrating on the development of novel technologies for the enhancement of planning and execution, rates, and integration. For example, ACERTUS, an American logistics firm, unveiled a groundbreaking Transportation Management System (TMS) in November 2023, engineered to give unprecedented transparency into vehicle shipments. This TMS effortlessly links shippers with the largest multimodal transport network in North America, streamlining auto shipping with features like immediate quotes, single and multi-VIN ordering, standard and rush shipping rates, and API connectivity for seamless incorporation into established operating systems.

What Are the Key Segments in the Transportation Management System Market?
The transportation management system market covered in this report is segmented -

1) By Solution Type: Planning And Execution, Order Management, Audit, Payment, And Claims, Reporting And Analytics, Routing And Tracking
2) By Deployment: On-Premise, Cloud
3) By Transportation Mode: Roadways, Railways, Airways, Maritime
4) By Industry Vertical: Retail, Healthcare And Pharmaceutical, Manufacturing, Energy And Utilities, Government Sector, Other Industry Verticals

Subsegments:
1) By Planning And Execution: Load Optimization, Carrier Selection, Route Planning
2) By Order Management: Order Entry And Tracking, Inventory Management, Order Fulfillment
3) By Audit, Payment, And Claims: Freight Audit And Payment, Claims Management, Billing Solutions
4) By Reporting And Analytics: Performance Dashboards, Cost Analysis Tools, KPI Tracking
5) By Routing And Tracking: Real-Time Tracking Solutions, Route Optimization Tools, Fleet Management Solutions

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8101&type=smp

Who Are the Key Players Shaping the Transportation Management System Market's Competitive Landscape?
Major companies operating in the transportation management system market are Oracle Corporation, SAP SE, C.H. Robinson Worldwide Inc., Trimble Transportation Enterprise Solutions, 3Gtms Inc., Alpega Group, Blue Yonder Group Inc., BluJay Solutions Ltd., CargoSmart Limited, Descartes Systems Group Inc., E2open LLC, FourKites Inc., Generix Group, GlobalTranz Enterprises Inc., InMotion Global Inc., JDA Software Group Inc., LLC, LeanLogistics Inc., Loadsmart Inc., Logistically Inc., Manhattan Associates Inc., MercuryGate International Inc., MP Objects B.V., Omnitracs LLC, One Network Enterprises Inc., project44 Inc., Revenova Limited, ShipBob Inc., ShipCaddie, ShipEdge LLC

What Geographic Markets Are Powering Growth in the Transportation Management System Market?
North America was the largest region in the transportation management system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the transportation management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8101

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company provides in-depth research and insights through a vast collection of 15,000+ reports spanning 27 industries and over 60 geographies. Backed by 1,500,000 datasets, extensive secondary research, and expert insights from industry leaders, we equip you with the knowledge needed to stay ahead in the market.

Our flagship offering, the Global Market Model, is a leading market intelligence platform that delivers comprehensive and up-to-date forecasts to support strategic decision-making.

This release was published on openPR.