Transportation Management System Market Outlook Supported by Rising Demand for Freight and Shipment Tracking Solutions

North America dominated the market in 2023 and is expected to hold the largest North America Transportation Management Systems (TMS) Market share over the forecast period.

Transportation Management System (TMS) Market was valued at USD 12.72 Bn in 2023 and is expected to reach USD 41.10 Bn by 2030, at a CAGR of 18.24 % during the forecast period.

Transportation Management System (TMS) Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Transportation Management System (TMS) Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Transportation Management System (TMS) market by thorough analysis, and projections are made up to 2030.

Explore additional details by clicking the link provided:https://www.maximizemarketresearch.com/request-sample/96382/ 

Transportation Management System (TMS) Market Scope and Methodology:

The Transportation Management System (TMS) market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Transportation Management System (TMS) market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.

Also, the research offers detailed insights into the dynamics of the Transportation Management System (TMS) market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Transportation Management System (TMS) market were developed. The study provides a thorough value chain analysis that clarifies the Transportation Management System (TMS) production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Transportation Management System (TMS) market on a global and micro level.

Transportation Management System (TMS) Market Segmentation:

by Component

Solution
Services

by Solution Type

Planning & Execution
Order Management
Audit, Payment, & Claims
Reporting & Analytics
Routing & Tracking

Planning & Execution, Order Management, Audit, Payment & Claims, Reporting & Analytics, and Routing & Tracking are the market's divisions. The Transportation Management System (TMS) market share is anticipated to be highest during the forecast period, with the Planning & Execution segment dominating the market in 2023. The market is growing as a result of lower corporate and end-customer expenses as well as automation of business processes for quicker and more precise billing and documentation. Opportunities for market expansion are presented by the growing use of cloud and IoT applications in TMS planning and execution. Additionally, omnichannel systems, which combine catalog, internet, mobile, and brick-and-mortar sales channels under one roof, are becoming more and more popular among retailers. This boosts freight transportation, and TMS makes all shipments under one roof more visible.

by Deployment Mode

On-premise
Cloud

The market is divided into two segments: cloud and on-premise. The Transportation Management System (TMS) market share is anticipated to be highest during the forecast period, with the on-premise segment dominating the market in 2023. For transportation management system solutions, the majority of long-standing manufacturing and distribution businesses continue to favor on-premise deployment. This is due to the safety regulations, the ease of server access, and the increased control the business has over system customization. As more individuals become aware of the advantages of the cloud and how much less expensive it is to set up than on-premise deployment, end-use sectors are anticipated to embrace cloud TMS solutions in the upcoming years.

by Transportation Mode

Roadways
Railways
Airways
Maritime

by End User

Retail
Healthcare & Pharmaceutical
Manufacturing
Energy & Utilities
Government Sector
Others

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Transportation Management System (TMS) Market Key Players:

1. Oracle Corporation - Redwood City, California, USA
2. SAP SE - Walldorf, Germany
3. Manhattan Associates, Inc. - Atlanta, Georgia, USA
4. JDA Software (now Blue Yonder) - Scottsdale, Arizona, USA
5. Descartes Systems Group Inc. - Waterloo, Ontario, Canada
6. C.H. Robinson Worldwide, Inc. - Eden Prairie, Minnesota, USA
7. MercuryGate International, Inc. - Cary, North Carolina, USA
8. Trimble Transportation - Sunnyvale, California, USA
9. HighJump (now Körber) - Minneapolis, Minnesota, USA
10. Kuebix (now part of Trimble Transportation) - Maynard, Massachusetts, USA
11. 3Gtms, Inc. - Shelton, Connecticut, USA
12. LLamasoft, Inc. - Ann Arbor, Michigan, USA
13. Transplace - Frisco, Texas, USA
14. Alpega Group - Brussels, Belgium
15. Blu Logistics - Guayaquil, Ecuador
16. One Network Enterprises - Dallas, Texas, USA
17. Manhattan Transportation Management - New York City, New York, USA
18. UROUTE - Austin, Texas, USA
19. FreightPOP - Fullerton, California, USA
20. Tailwind Transportation Software - Winnipeg, Manitoba, Canada
21. RT Systems, Inc. - Grand Rapids, Michigan, USA
22. Pacejet Logistics - Columbus, Ohio, USA
23. Tecsys Inc. - Montreal, Quebec, Canada
24. EasyPost - San Francisco, California, USA

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Transportation Management System (TMS) Market Regional Insights :

The size and trends in the Transportation Management System (TMS) market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).

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Key questions answered in the Transportation Management System (TMS) Market are:

  • What is Transportation Management System (TMS)?
  • What was the Transportation Management System (TMS) market size in 2023?
  • Which are the factors expected to drive the Transportation Management System (TMS) market growth?
  • Who are the leading companies and what are their portfolios in Transportation Management System (TMS) Market?
  • What growth strategies are the players considering to increase their presence in Transportation Management System (TMS)?
  • What are the upcoming industry applications and trends for the Transportation Management System (TMS) Market?
  • What will be the CAGR at which the Transportation Management System (TMS) market will grow?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Transportation Management System (TMS) Market?
  • What are the different segments of the Transportation Management System (TMS) Market?
  • What is the growth rate of the Transportation Management System (TMS) Market?
  • What segments are covered in the Transportation Management System (TMS) Market?
  • Who are the key players in the Transportation Management System (TMS) market?
  • What are the key challenges and opportunities in the Transportation Management System (TMS) market?
  • Which application holds the highest potential in the Transportation Management System (TMS) market?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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