Managed Transportation Services Market: Global Industry Analysis and Forecast (2023-2029)

Managed Transportation Services Market is expected to be 18.2% during the forecast period and the market size is expected to reach nearly US$ 34.67 billion by 2029. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region. Managed Transportation Services MarketTo know about the Research Methodology :- Request Free Sample Report

Managed Transportation Services Definition:

Global Managed Transportation Services (MTS) providers consist of planners in a control tower using transportation management system technology who plan and execute loads on behalf of their shipper customers.

Managed Transportation Services Market Dynamics:

A company’s transportation spend is one of the largest budgetary items, so finding ways to save money is always a priority. In the supply chain industry, the cost-saving opportunities are endless, but it takes a special skill set to uncover the problems, formulate solutions, and implement changes. Managed Transportation Services providers can remove the budget burden with trained professionals dedicated to finding cost-savings daily, thereby acting as the driving factor for the growth of the Global Managed Transportation Services Market. End-to-end visibility of the goods that are transported is a great asset in terms of increasing customer satisfaction. Also, a driverless transport system that is managed by a TMS improves the business process by reducing traffic congestion and CO2 emissions, thus increasing lane capacity and reducing fuel consumption. Transportation is not only a means of travel but is also a means of business growth. Transportation plays a very useful role in the development of the production sector in a country as well as the service provision so long as supply and demand are a concern. The aim of a customer is to have his or her goods delivered to him or her on time which intends to provide the client satisfaction. The effectiveness of every Supply Chain is built around the carriage of the goods to the customer in time, and on time, just at the time, the customer needs them. Furthermore, it helps to meet the needs of the client as and when they need these services. Effectiveness in timely delivery of goods and services meeting the customer just at the time of need is one of the main factors expected to boost the growth of the Global Managed Transportation Services Market. As local and foreign governments tighten rules and regulations to support increased enforcement activity, the risks of non-compliance and increased fines and penalties are leading companies to reassess trade compliance headcount. Changes to import and export rules and regulations make the search for qualified import and export control professionals more urgent. This environment creates concerns for compliance professionals, which may be held responsible for non-compliance in increasingly strict and complex regulatory systems around the world. In the absence of needed and sufficient skills and expertise, customs and global trade compliance can become a high-pressure job with a heightened danger of noncompliance, which can hamper the growth of the Global Managed Transportation Services Market.

Managed Transportation Services Market Segment Analysis:

The report groups the Global Managed Transportation Services Market in different segments by function, industry and region to forecast the revenues and analyze the market share of each segment over the forecast period. Based on Function, the Global Managed Transportation Services Market is segmented into Freight management and Planning and Execution. The Freight Management segment was dominant in 2022 and is expected to command a market share of xx% by 2029. With the use of a transportation management system application freight savings of approximately 8 per cent can be achieved. Of these savings, nearly 60 per cent of users indicated that less than 10 per cent of the net savings were absorbed by the TMS. These freight savings can be attributed to network design, load consolidation, multi-stop route optimization, improved data for procurement, and freight audit. Based on Industry, the Global Managed Transportation Services Market is segmented into Automotive, Electronics and Electrical, Food & Beverage, Retail, Wholesale & Distribution, and Others. The Wholesale & Distribution segment was dominant in 2022 and is expected to command a market share of xx% by 2029. Because of the increasing need for warehousing and storage the need for transportation managed services have increased for better and efficient management of the transportation of goods.

Managed Transportation Services Market Regional Insights:

The Asia Pacific is expected to command the largest market share of xx% by 2029 Within the transport sector in Asia and the Pacific, freight and logistics account for a significant portion of total energy use – in many countries upward of 40% – and a correspondingly large share of carbon dioxide (CO2) emissions. Furthermore, on account of economic development and population growth, the region is expected to face substantial increases in trade shares, and thus, freight volumes. Accordingly, some estimates suggest that in Asia, ton-km from surface freight will increase by 261% from 2022, accounting for more than two-thirds of all surface freight globally. From an infrastructure perspective alone, the Asia and Pacific region requires a total investment of $126 billion to upgrade the regional transport systems and construct missing links in the identified rail, road, and intermodal network. All these factors have driven the need for Managed Transportation Services in the region. The objective of the report is to present a comprehensive analysis of the Global Managed Transportation Services Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Managed Transportation Services Market dynamics, structure by analyzing the market segments and projects Global Managed Transportation Services Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Managed Transportation Services Market make the report investor’s guide.

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Managed Transportation Services Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 10.75 Bn.
Forecast Period 2023 to 2029 CAGR: 18.2% Market Size in 2029: US $ 34.67 Bn.
Segments Covered: by Function Freight Management Planning and Execution
by End users Manufacturing Food and Beverages Healthcare Automotive Aerospace Retail Consumer-Packaged Goods

Managed Transportation Services Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Managed Transportation Services Market Key Players:

1. Amber Road, Inc. (US) 2. Aptean (US) 3. Descartes (Canada) 4. SAP SE (Germany) 5. Integration Point, Inc. (US) 6. Oracle (US 7. Precision Software (US) 8. QuestaWeb, Inc. 9. Livingston International (Canada) 10. MIQ Logistics (US) 11. Thomson Reuters (US) 12. MIC Customs Solutions (Austria) Frequently Asked Questions: 1. Which region has the largest share in Global Managed Transportation Services Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Managed Transportation Services Market? Ans: The Global Managed Transportation Services Market is growing at a CAGR of 18.2% during forecasting period 2023-2029. 3. What is scope of the Global Managed Transportation Services Market report? Ans: Global Managed Transportation Services Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Managed Transportation Services Market? Ans: The important key players in the Global market are – Amber Road, Inc. (US), Aptean (US), Descartes (Canada), SAP SE (Germany), Integration Point, Inc. (US), Oracle (US, Precision Software (US), QuestaWeb, Inc., Livingston International (Canada), MIQ Logistics (US), Thomson Reuters (US), and MIC Customs Solutions (Austria) 5. What is the study period of this Market? Ans: The Global Managed Transportation Services Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Managed Transportation Services Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Managed Transportation Services Market 3.4. Geographical Snapshot of the Managed Transportation Services Market, By Manufacturer share 4. Global Managed Transportation Services Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Managed Transportation Services Market 5. Supply Side and Demand Side Indicators 6. Global Managed Transportation Services Market Analysis and Forecast, 2022-2029 6.1. Global Managed Transportation Services Market Size & Y-o-Y Growth Analysis. 7. Global Managed Transportation Services Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 7.1.1. Freight Management 7.1.2. Planning and Execution 7.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 7.2.1. Manufacturing 7.2.2. Food and Beverages 7.2.3. Healthcare 7.2.4. Automotive 7.2.5. Aerospace 7.2.6. Retail 7.2.7. Consumer-Packaged Goods 8. Global Managed Transportation Services Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Managed Transportation Services Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 9.1.1. Freight Management 9.1.2. Planning and Execution 9.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 9.2.1. Manufacturing 9.2.2. Food and Beverages 9.2.3. Healthcare 9.2.4. Automotive 9.2.5. Aerospace 9.2.6. Retail 9.2.7. Consumer-Packaged Goods 10. North America Managed Transportation Services Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Managed Transportation Services Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 12. Canada Managed Transportation Services Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 13. Mexico Managed Transportation Services Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 14. Europe Managed Transportation Services Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 15. Europe Managed Transportation Services Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Managed Transportation Services Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 17. France Managed Transportation Services Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 18. Germany Managed Transportation Services Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 19. Italy Managed Transportation Services Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 20. Spain Managed Transportation Services Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 21. Sweden Managed Transportation Services Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 22. CIS Countries Managed Transportation Services Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 23. Rest of Europe Managed Transportation Services Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 24. Asia Pacific Managed Transportation Services Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 25. Asia Pacific Managed Transportation Services Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Managed Transportation Services Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 27. India Managed Transportation Services Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 28. Japan Managed Transportation Services Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 29. South Korea Managed Transportation Services Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 30. Australia Managed Transportation Services Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 31. ASEAN Managed Transportation Services Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 32. Rest of Asia Pacific Managed Transportation Services Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 33. Middle East Africa Managed Transportation Services Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 34. Middle East Africa Managed Transportation Services Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Managed Transportation Services Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 36. GCC Countries Managed Transportation Services Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 37. Egypt Managed Transportation Services Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 38. Nigeria Managed Transportation Services Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 39. Rest of ME&A Managed Transportation Services Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 40. South America Managed Transportation Services Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 41. South America Managed Transportation Services Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Managed Transportation Services Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 43. Argentina Managed Transportation Services Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 44. Rest of South America Managed Transportation Services Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Function, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By End users, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Managed Transportation Services Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Amber Road, Inc. (US) 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Aptean (US) 45.3.3. Descartes (Canada) 45.3.4. SAP SE (Germany) 45.3.5. Integration Point, Inc. (US) 45.3.6. Oracle (US 45.3.7. Precision Software (US) 45.3.8. QuestaWeb, Inc. 45.3.9. Livingston International (Canada) 45.3.10. MIQ Logistics (US) 45.3.11. Thomson Reuters (US) 45.3.12. MIC Customs Solutions (Austria) 46. Primary Key Insights

About This Report

Report ID 95103
Category Information Technology & Telecommunication
Published Date July 2023
Updated Date
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