Transportation Management Systems (TMS) Market Scope, Growth Opportunity and Forecast 2015-2019

Market overview of the transportation management systems

The transportation management system market is one of the fastest growing segments of the global supply chain execution market. The market is slated to post a CAGR of close to 7% during from 2015 to 2019.

The leading vendors in the market are looking to resolve issues about the high license cost in on-premises models. Thanks to the declining cost of its implementation, the majority of its demand is expected to emerge from North America. The US will continue to be a major revenue contributor in this region. The adoption of cost-effective SaaS-based TMS systems is also driving the market in Western Europe. This region is expected to cross well over $500 million in next four years.

Segmentation of the transportation management system by solution

The solution segment accounted for a major share of the market in 2014, and the trend is expected to continue until 2019. Key trends in the transportation management market indicate a shift towards cloud services. Vendors offer solutions with different types of licensing arrangements such as: -

On-premise solutions
On-demand solutions

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Several companies and particularly SMBs have shown their preference for on-demand solutions for managing their transport operations. On account of the growing popularity of SaaS-based solutions, the demand for on-premises software is expected to witness a decline in the future.

Segmentation of the transportation management system by services

Though the market size for transportation management system vendors will increase by 2019, the market share of the services segment is likely to decline. This segment is further categorized as follows: -

Maintenance services
Professional services

The transportation management market by maintenance is expected to grow moderately in the next few years. In 2014, the maintenance service segment accounted for a little more than 50% of the market share, and the trend is expected to continue until 2019, as per the forecast.

Key end-use segments for the transportation management system market

Wholesale and distribution
Logistics
Manufacturing
Retail
Government
Others

The logistics sector has dominated the transportation management systems market. This segment coupled with retail has witnessed the rapid adoption of RFID, GPS, and cloud-based analytics services.

To fulfill their needs, vendors are developing integrated solutions that incorporate modern tracking and monitoring mechanisms.

Market segmentation of transportation management system by type of enterprise

Large enterprises
Mid-sized enterprises
Small enterprises

Almost half of the firms with revenues below $100 million use transport management system applications, while a very low percentage of firms within the range of $25 million to $100 million implement them. Though large enterprises constitute the primary demand source for this market, vendors are looking to capitalize on the potential of the vast untapped market in the small to the mid-sized segment. To leverage this segment, vendors are introducing customized offerings that suit the needs of SMBs in this segment.

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Leading vendors of the transportation management system market

Descartes
JDA Software
Manhattan Associates
Oracle
SAP

Other prominent vendors in the market include 3Gtms, Accellos, Acuitive Solutions, Agile, Agistix, Aljes, Amber, Argos, CargoSmart, Cerasis, Cirrus TMS, Cloud Logistics, CT logistics, CTSI, GT Nexus, HighJump Software, IBM, Inet-logistics, infor, Kewill, LeanLogistics, Logility, MercuryGate, One Network, Precision Software, Roadnet, TMW, TransWorks, and Wolters Kluver.

Other sections of the report include an analysis of the following

Region wise listing of the popular vendors in the market
Product offerings of key vendors in the market
Market share analysis of the leading vendors in the market
Market shares and forecasts for solutions and services categories
Market shares of on premise and on demand solutions

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