Transportation Management Systems Market Size - Industry Growth and Recent Trends by Forecast to 2025

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Transportation Management Systems Market Size - Industry Growth and Recent Trends by Forecast to 2025

Market Scenario

TMS or Transportation Management System is a software which enables the organization to create a bridge between the distribution center to company’s logistic department. As the need of stable distribution network is arising, and companies are trying hard to make their distribution channel more efficiency, TMS comes in picture. It allows the distribution department to monitor the fleet very efficiently.

Global Transportation Management System (TMS) Market Research Report: By Component (Solution Hardware and Services), By Deployment (On-Premise and On-Cloud), By Industry (Retail, Travel and Tourism, Healthcare, Construction, Others) and Region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America) - Forecast till 2025

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Regional Analysis:

On the other hand, Asia-Pacific is expected to witness the fastest growth at a CAGR of 8.4% in the transportation management system market during the forecast period. huge investments by the domestic e-commerce sector, growth in parcel shipment market, adoption of IoT-based fleet management solutions, collaboration among the telecom giants in the industry to develop strong supply chain management solutions, and growth of smart logistics is driving the market in the region. The Asia-Pacific region has been segmented into five regions–China, Japan, India, and the rest of Asia-Pacific. China is dominating the market in the Asia-Pacific region owing to rapid digitalization transformation in the logistics sector and domestic retail sector investing in the development of smart logistics network across the country is also driving the demand for efficient transportation management systems. India is expected to grow with the fastest CAGR of 8.9% owing to the growth of e-commerce companies such as Flipkart, Myntra, and in the country.

Europe is witnessing a steady growth in the global transportation management system market. For the purpose of analysis, Europe has been segmented into five countries—the UK, Germany, France, and the rest of Europe. increase in adoption of click and collect strategies by the retailers to improve the customer experience is driving the market growth in Europe. The UK, Germany, and France are the major revenue contributors to the market in the region.

Market Segmentation

Segmentation by Deployment: On Premises and On Cloud.

Segmentation by Services: Maintenance and Repairs, Professional Services.

Segmentation by Application: Logistics & Transport, Manufacturing, Commercial, Retail among others.

Key players

  • Oracle Corporation (U.S.)
  • 3GTMS, Inc. (U.S.)
  • SAP SE (Germany)
  • LeanLogistics (U.S.)
  • MercuryGate International, Inc. (U.S.)
  • CargoSmart (China)
  • JDA Software (U.S.)
  • Manhattan Associates (U.S.)
  • Precision Software (U.S.)
  • Descartes Systems Group (Canada)

Segmentation of Global Transportation Management Systems Market Size

  • By Deployment
  • By Service
  • By Application
  • by Region

 Industry News

  • In July 2016, CargoSmart announced the extended partnership with Ningbo E-port.
  • In January 2016, CargoSmart announced the upgradation of its existing software by adding the premium features to their sailing schedule search engine.

Target Audience

  • Shippers
  • Logistic Companies
  • TMS Software Developers
  • Transport companies
  • Food and Beverage companies

The report for Global Transportation Management Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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