09-13-2017 02:02 PM CET - Logistics & Transport
Print

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

Press release from: MarketResearchReports.biz

The report analyzes and presents an overview of "Transportation Management System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

​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.

Get Sample copy of this Report @​ www.marketresearchreports.biz/sample/sample/281453

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. 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.

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 Further, increasing demand for advanced TMS solutions, replacing traditional outdated systems is strongly boosting the global market growth.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.

View Report @ ​www.marketresearchreports.biz/reports/281453/transportati...

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.

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.?

Browse more Technology Market Research Reports @​ www.marketresearchreports.biz/category/8

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.

Request for Enquiry @​ www.marketresearchreports.biz/sample/enquiry/281453

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

About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact us
Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: www.marketresearchreports.biz/
E: sales@marketresearchreports.biz

This release was published on openPR.
News-ID: 714585 • Views: 199
More releases More releases
Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR.
openPR disclaims liability for any content contained in this release.

You can edit or delete your press release here: