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Transportation Management System Market Rising at a healthy CAGR of 13.6% from 2017 to 2025 - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
"The Report Transportation Management System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"Global Transportation Management Systems Market: Overview
A transportation management system (TMS) is a software solution and a key component of supply chain management used to plan the movement of freight. TMS solutions ensure effective communication between carriers and shippers, enabling them to share real-time information. Thus, logistics and transportation companies increasingly prefer TMS solutions.
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Leading vendors in the transportation management system market are increasingly investing in transportation management software to offer customers, especially transport and logistics companies, a cost-efficient solution capable of running their freight management functions effectively.A
Growth in intermodal transportation coupled with the growing popularity of SaaS-based TMS solutions is primarily driving the growth of the global market. Further, increasing demand for advanced TMS solutions, replacing traditional outdated systems is strongly boosting the global market growth. Although updating supply chain applications is often a difficult task, the cost benefits achieved by advanced TMS solutions are driving the replacement demand. Updating TMS solutions ensures cost benefits when favored carriers are used on a regular basis or when favored procurement positions are negotiated and coordinated. However, lack of awareness among end users and high deployment costs are deterring the growth of the global market.
Global Transportation Management Systems Market: Segmentation
On the basis of end-use applications, the global TMS market is classified into: electrical and electronics, industrial, food and beverage, retail, transportation and logistics and others. Transportation and logistics held the largest share of the global market in 2016 and is expected to record steady growth from 2017 to 2025. Transportation and logistics companies across the globe are continually investing in transportation management software to improve operational efficiency, reduce cost, and enable themselves to run their freight management functions more effectively.
Furthermore, the report also segments the transportation management systems market on the basis of software deployment methods in to on-premise and on-demand solutions. On-premise solutions accounted for the maximum revenue share in 2016. Although, on-premise is expected to remain the largest application segment over the forecast period, on-demand solutions are expected to witness faster growth during the same period. On-demand TMS offers complete transportation planning, execution, procurement, and transportation visibility, improving transportation efficiency and achieving cost benefits. Thus, the global capabilities of on-demand solutions have ensured compliance by offering supply chain visibility and access to data meeting multi-regional regulations. With the shippers and transport companies increasingly preferring inter-modal transportation, the demand for on-demand solutions is expected witness robust growth over the forecast period from 2017 to 2025.
The regional analysis of the transportation management systems market gives in-depth insights into the current trends prevailing in different regions including North America, Europe, Asia Pacific, and Rest of the World (RoW). Although North America was the largest TMS market in 2016, Asia Pacific is expected to pose as a stiff competitor to the developed markets of North America and Europe. A favorable trade environment in the region is supporting the growth of the logistics network in the region, which in turn is encouraging the transport service and logistics companies to increasingly deploy transportation management solutions for managing fleets of vehicles, planning and execution, and enhancing operational visibility.
All the segments in the research report provides the market size and forecast data, highlighting the chief factors that are responsible for impacting and challenging the growth of the market. Thus, the transportation management systems market report includes a holistic analysis of the global market and provides growth estimates for the period from 2017 to 2025, keeping in mind the various factors affecting the market.
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Companies Mentioned in the Report
The major players in the global automotive transportation management systems market are: 3GTMS, Inc. (U.S.), CargoSmart Ltd. (Hong Kong), Descartes Systems Group, Inc. (Canada), Manhattan Associates, Inc. (U.S.), BluJay Solution (U.K.), One Network Enterprises (U.S.), JDA Software Group, Inc. (U.S.), Oracle Corporation (U.S.), SAP SE (Germany) and Precision Software, Inc. (U.S.) among others.?
The segments covered in the global transportation management systems market are as follows:
By Application
Electronics and Electrical
Industrial
Food & Beverage
Retail
Transportation and Logistics
Others
By Detection
On-Premise
On-Demand
By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Middle East and Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
Latin America
Brazil
Argentina
Rest of Latin America
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Sources
1.3.1.1 Secondary Research
1.3.1.2 Primary Research
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Transportation Management Systems Market, 2016 & 2025
2.2 Global Transportation Management Systems Market Revenue, 2010 – 2025 (USD Million)
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Chapter 3 Transportation Management Systems (TMS) Market Overview
3.1 Introduction
3.2 Market Trends and Future Outlook
3.2.1 Integrating TMS solutions and Yard Management System (YMS) solutions with other supply chain solutions
3.2.2 Evolving TMS Capabilities
3.2.3 Increased Use of Cloud Computing
3.2.3.1 Fast and Easy Installation
3.2.3.2 Low Start-up Cost
3.2.3.3 Growing Need for Broader Visibility
3.3 Functional and Technical Aspects
3.3.1 Planning and Decision Making
3.3.2 Execution of Transportation Plans
3.3.3 Tracking
3.3.4 Measurement
3.4 Market Dynamics
3.4.1 Drivers
3.4.1.1 Aging TMS Installations to Trigger Replacement Demand
3.4.1.2 Growth in Intermodal Transportation to Stimulate Demand for TMS Solutions
3.4.1.3 Growing Popularity of SaaS-based TMS Solutions
3.4.1.4 Impact Analysis of Drivers
3.4.2 Restraints
3.4.2.1 Lack of Awareness among End-Users and High Deployment Cost
3.4.2.2 Impact Analysis of Restraint
3.4.3 Opportunities
3.4.3.1 Cloud Computing and Integration of RFID Technology in Transport Management
3.5 Value Chain Analysis: Global Transportation Management Systems Market
3.6 Value Added Services with TMS
3.6.1 Product Assembly
3.6.2 Pre-Assembly
3.6.3 Sequencing
3.6.4 Packaging Services and Design
3.7 ROI Benefits from Adoption of TMS
3.8 Competitive Landscape
3.8.1 Market Positioning of Key Players, 2016
3.8.2 Competitive Positioning of Key Players, 2016
3.9 Market Attractiveness Analysis – Global Transportation Management Systems Market, by End-Use Applications and Geography, 2016
3.10 Transportation Management Systems (TMS) Market, By End-use Application
3.10.1 Introduction
3.10.2 Global Transportation Management System Market Revenue, by End-Use Application, 2016 – 2025 (USD Million)
3.10.3 Global Transportation Management System Market Revenue, By End-Use Application, 2016 vs 2025 (Value %)
3.10.4 Electrical and Electronics Transportation Management System Market Revenue, 2016 – 2025 (USD Million)
3.10.5 Industrial Transportation Management System Market Revenue, 2016 – 2025 (USD Million)
3.10.6 Food and Beverage Transportation Management System Market Revenue, 2016 – 2025 (USD Million)
3.10.7 Retail Transportation Management System Market Revenue, 2016 – 2025 (USD Million)
3.10.8 Transportation and Logistics Transportation Management System Market Revenue, 2016 – 2025 (USD Million)
3.10.9 Others Transportation Management System Market Revenue, 2016 – 2025 (USD Million)
3.11 Transportation Management Systems (TMS) Market, By Software Deployment
3.11.1 Overview
3.11.2 Global Transportation Management System Market Revenue, by Software Deployment, 2016 – 2025 (USD Million)
3.11.3 Global Transportation Management System Market Revenue, By Software Deployment, 2016 vs. 2025 (Value %)
3.11.4 On-Premise
3.11.4.1 On-Premise Transportation Management System Solutions Market, 2016 – 2025 (USD Million)
3.11.5 On-Demand
3.11.5.1 On-Demand Transportation Management System Solutions Market, 2016 – 2025 (USD Million)
Chapter 4 Transportation Management Systems (TMS) Market, By Geography
4.1 Overview
4.1.1 Global Transportation Management Systems Market Revenue, by Geography, 2016 – 2025 (USD Million)
4.1.2 Global Transportation Management System Market Revenue, By Geography, 2016 vs. 2025 (Value %)
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