Press release
Transportation Management System Market– Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-25
Transportation management system software and solution is a tool by shipping professionals to detect the data points of the distribution, warehouse supply, route options, rates, transport network. Transport management system enables the shipping manager to understand the information and format, which further helps in effective decision for the company. Moreover, transportation management system involves low costs, management of high level customer services, improvement of productivity and efficiency of the logistic operation, and capability of target logistic initiatives that helps in business growth pose as drivers for growth of the market. In addition, increasing usage of IOT and big data technology along with growing adoption of cloud technology provide key opportunities for growth of the transportation management system market. However, insufficient IT investment for transportation infrastructure and high data security concerns are some of the major factors, hindering growth of the transportation management system market.Transportation Management System Market Taxonomy
On the basis of mode of transportation, the global transportation management system market is segmented into:
Railways
Roadways
Airways
Seaways
Among mode of transportation, the roadways segment is projected to grow with the largest CAGR over the forecast period. Increasing number of vehicles have resulted in congested roads, in turn causing financial losses to transportation companies. To overcome this issue, the companies are adopting transportation management solutions to find the best routes and reduce financial losses.
On the basis of deployment model, the global transportation management system market is segmented into:
Cloud / Hosted
On Premises
Among deployment model, the cloud/ hosted segment is projected to exhibit the highest CAGR over the forecast period. Increasing adoption of cloud technology by various industries has contributed to its rapid growth, in turn boosting the transportation management system solutions market.
On the basis of application, the global transportation management system market is segmented into:
Aerospace & Defense
Automotive
Chemical
Electronics & Electrical
Food & Beverage
Government
Machinery Manufacturing
Pharmaceutical
Retail
Transportation & Logistics
Wholesale & Distribution
Others
On the basis of function, the global transportation management system market is segmented into:
Planning & Execution
Fleet Management
Transportation Management System Market Outlook – North America holds significant market share
On the basis of geography, the global transportation management system market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America holds a dominant position in the global transportation management system market and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are the major countries driving growth of the transportation management system market in the North American region. Companies are focusing on innovation and are continuously adopting advanced technologies, in turn, fueling the demand for transportation management system in the region. Similarly, Asia Pacific is projected to exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major countries that drive growth of the market in Asia Pacific region. The increasing digitalization in emerging economies contributes to increasing demand for transportation management system, in turn fueling growth of the market in the region.
Key Players in the Global Transportation Management System Market
TMW Systems, Inc., SAP SE, Oracle Corporation, Metro Infrasys Private Limited, Mercurygate International, Inc., Manhattan Associates, JDA Software, Inc., Inet-Logistics GmbH, Efkon AG, Descartes, CTSI-Global, and Blujay Solutions are some of the major players operating in the global transportation management system market.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Website: http://www.coherentnews.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Transportation Management System Market– Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-25 here
News-ID: 793892 • Views: …
More Releases from Transportation Management System Market
Transportation Management System Market size is expected to grow till 2027
Transportation Management System Market- by Mode (Railways, Roadways, Airways, and Maritime), by Application (Consumer Goods & Retail, Parcel & Package, Fire Station, Hospital, Travel, and Tourism), by Deployment (Hosted and On-Premises), and by Region - Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2021-2027)
The transportation management system market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the…
Transportation Management System Market : Investments by Players to Develop Solu …
Researchmoz added Most up-to-date research on "Transportation Management System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its huge collection of research reports.
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…
Overview of Transportation Management System Market in Global Industry : Technol …
Albany, NY, 22nd November : Recent research and the current scenario as well as future market potential of "Transportation Management System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" globally.
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…
Global Transportation Management System Market Analysis, Size, Share, Growth, Tr …
Researchmoz added Most up-to-date research on "Transportation Management System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its huge collection of research reports.
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…
More Releases for Transport
Public Transport Market Is Booming Worldwide | Metropolitan Transportation Autho …
A New Research on the Global Public Transport Market was conducted across a variety of industries in various regions to produce more than 150 page reports. This study is a perfect blend of qualitative and quantifiable information highlighting key market developments, industry and competitors' challenges in gap analysis and new opportunities and may be trending in the Public Transport market. Some are part of the coverage and are the core…
Yacht Transport Market Booming Worldwide with Top Transport Industry Players lik …
Yacht transport is the shipping of a yacht to a destination instead of sailing or motoring it. Yacht transport is an alternative to the traditional passaging (sailing or motoring) to reach desired destinations around the globe. Transport when compared to passaging is cost effective, safer and improves availability.
New market research report helps analyze the Yacht Transport market on a global basis and also offers forecast and statistics in terms of…
Road Haulage Market SWOT Analysis by Key Players: Kindersly Transport, AM Cargo …
The business of transporting goods and service via roads is called road haulage. Haulage is the process of shifting goods from one place other either vertically or horizontally.
The road haulage market is expected to expand at a notable growth rate during the forecast period owing to the increase in demand for rapid, safe, and efficient ground transportation. Expansion of transportation and automotive industries has propelled the road haulage market. Increase…
Yacht Transport Market Top Transport Industry - United Yacht Transport, Peters a …
This report on worldwide Yacht Transport Market is a detailed research examine that allows offers solutions and pertinent questions with respect to the rising trends and boom possibilities on this specific enterprise. It facilitates discover each of the distinguished limitations to growth, apart from figuring out the tendencies inside diverse application segments of the global Market for Yacht Transport Collecting historical and latest statistics from diverse proper resources, and relying…
Queensland Transport Infrastructure Conference supports growing transport infras …
The 7th Annual Queensland Transport Infrastructure Conference was held last week at the Brisbane Convention & Exhibition Centre to an audience of more than 200 delegates.
The conference signifies the transport infrastructure sector’s growing commitment towards the sharing of knowledge and industry best practices on some of the state’s largest transport projects.
Featuring more than 20 key speakers from a range of industry professionals from within the transport infrastructure sector, Chief…
Easy Transport Software a winner at £500 for smaller transport companies
Easy Transport continues to be excellent value for a very comprehensive transport job management system for smaller companies.
This easy-to-use system, produced by MSA Software Systems Ltd at Rochdale is used by hundreds of companies. It is ideal for start up companies or companies with small fleets. The software can by used for any transport requirement including couriers, people moving, goods, serrvices etc. Recent enhancements include displaying routes.The system runs…
