Transportation Management System Market: Global Industry Analysis and Forecast (2021-2027), Market Key Trends, Sales Volume Analysis, Market Share, Market Size

Global Transportation Management System Market size was valued at US$ 7.70 Bn. in 2020 and is expected to grow at a CAGR of 18.2% through 2021 to 2027. Roadways segment leads the Global Transportation Management System Market by 2027.

Global Transportation Management System Market Overview:

The Global Transportation Management System market was valued at US $7.70 Bn. in 2020, and it is expected to reach US $ 24.82 Bn. by 2027 with a CAGR of 18.2% during the forecast period. A transportation management system (TMS) is a logistics platform that uses technology to support businesses plan, implement, and improve the physical movement of goods, both incoming and outgoing, and make sure the delivery is compliant, appropriate documentation is available. This kind of system is frequently part of a higher supply chain management (SCM) system. Transportation Management System Market To know about the Research Methodology :- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Global Transportation Management System Market Dynamics:

Digital transformation is driving the demand for increased agility in transportation and logistics operations, which helps organizations deliver better customer experiences. As part of the digital transformation trend, the majority of firms are adopting a new set of digital technologies, resulting in unprecedented prospects for operational efficiencies, sustainability, new business models, and richer consumer experiences. Digitalization in the logistics business, according to the World Economic Forum, might uncover a USD 1.5 trillion opportunities by 2025. Smarter and more efficient transportation operations are enabled by advanced technologies such as the Internet of Things (IoT), big data, and Artificial Intelligence (AI) and their predictive capabilities. Back-office automation, predictive operations, intelligent transportation assets, and innovative customer experience models, for example, have all been made possible by AI. These new technologies digitise the whole order administration, contracting, delivery, and payment process in the transportation industry. The transportation industry's digital transformation has shown to be a competitive catalyst for increasing any company's ROI. As a result of digital innovation ranging from connected warehouses to new autonomous last-mile delivery systems, TMS has grown in importance and visibility, transforming an ageing sector into an exciting location to drive change for the betterment of society. The market for TMS is projected to be driven by the growing digital revolution in the transportation industry, which holds the potential of enhancing productivity by enabling innovation and lowering the costs of a variety of business operations. With the digitization of procedures by shippers, forwarders, transportation providers, and infrastructure operators, the risks of data exploitation and theft are increasing. Enterprises have confidential data that must be protected to avoid data breaches and theft, which could harm the company's overall reputation. Data from businesses may leak across the internet and be accessed by unauthorized people, posing an increasing threat.

Global Transportation Management System Market Segment Analysis:

The Global Transportation Management System Market is segmented by Transportation Mode, Component, Applications, and Deployment Mode. Based on the Transportation Mode, the market is segmented into Roadways and Railways. The roadways segment is expected to hold the largest market share of xx% by 2027. One of the most frequent types of transportation in the world is road freight. When compared to other modes of transportation, it is considered to be less expensive. It's also considered cost-effective and adaptable because it can load and unload at any location. Simultaneously, many governments, particularly in emerging nations, are undertaking programs to upgrade transportation infrastructure, which is expected to drive demand for logistics via roadways and, as a result, boost the highways segment's growth. Transportation Management System Market by Transportation Mode Based on the Deployment Model, the market is segmented into On-premises and Cloud. An on-premises segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Due to the data security requirements, simple access to the server, and superior control over customization, several large manufacturing and distribution organizations still prefer on-premise TMS. These are the key benefits of on-premises that boost the growth of the global market during the forecast period 2021-2027. The cloud segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. The benefits of cloud-based TMS become better known, incumbents across a variety of industries and industry verticals are expected to switch to cloud-based TMS in massive numbers during the forecast period. Shippers, vendors, and logistics providers can all benefit from a cloud-based TMS for planning and optimization. Companies are choosing cloud-based TMS because of the improved and efficient configuration capabilities they can offer as data quantities continue to grow tremendously. When compared to on-premise TMS, cloud-based TMS can be more cost-effective, especially as cloud-based TMS has a cheaper license and administrative costs. Another key benefit of cloud-based TMS is that data is stored in the cloud and can be accessed remotely and in real-time from any geographic location. The cloud segment is expected to increase as a result of these advantages.

Global Transportation Management System Market Regional Insights:

North America dominates the Global Transportation Management System market during the forecast period 2021-2027. North America is expected to hold the largest market share of xx% by 2027. North America is noted for its rapid adoption of highways as the dominant route of freight transportation. In addition, the region is home to a number of leading TMS vendors, including Infor Inc., 3GTMS, Cerasis Inc., International Business Machines Corporation, Kuebix; Manhattan Associates; JDA Software Group Inc., and MercuryGate International Inc., among others, all of which are contributing to the regional market's growth. Asia Pacific is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. During the forecast period, the increasing retail and e-commerce industries in India, China, and Indonesia are expected to propel the regional market forward. The initiatives and policies being developed by various governments in the region to provide a conducive environment for smart transportation development are expected to contribute to the growth of the Asia Pacific regional market. For example, China's government released its "13th Five-Year Plan for Modern Comprehensive Transportation System" in February 2017, which calls for the development of a safe, efficient, modern, and environmentally-friendly integrated transportation system by 2020. Transportation Management System Market by RegionalThe objective of the report is to present a comprehensive analysis of the GlobalTransportation Management System Market to the stakeholders in the industry. The past and current status of the industry with the 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, 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 reports also help in understanding the GlobalTransportation Management System Market dynamic, structure by analyzing the market segments and project the GlobalTransportation Management System Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the GlobalTransportation Management System Market make the report investor’s guide.

Global Transportation Management System Market Scope: Inquire before buying

Transportation Management System Market by Scope

Global Transportation Management System Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Transportation Management System Market Key Players

Oracle Corporation • Descartes • CTSI-Global • Blujay Solutions • Efkon AG • TMW Systems, Inc. • SAP SE • Manhattan Associates • JDA Software, Inc. • Intel-Logistics GmbH • Mercurygate International, Inc. • Metro Infrasys Private Limited • Alpega Group • Software Group • 3GTMS • Infor • C.H. Robinson Worldwide, Inc • Omnitracs • Next Generation Logistics, Inc

Frequently Asked Questions:

1] What segments are covered in Global Transportation Management System Market report? Ans. The segments covered in Global Transportation Management System Market report are based on Transportation Mode, Component, Applications, and Deployment Mode. 2] Which region is expected to hold the highest share in the Global Transportation Management System Market? Ans. North America is expected to hold the highest share in the GlobalTransportation Management System Market. 3] Who are the top key players in the Global Transportation Management System Market? Ans. Oracle Corporation, Descartes, CTSI-Global, Blujay Solutions, Efkon AG, and TMW Systems, Inc. are the top key players in the GlobalTransportation Management System Market. 4] Which segment holds the largest market share in the Global Transportation Management System market by 2027? Ans. Roadways segment hold the largest market share in the Global Transportation Management System market by 2027. 5] What is the market size of the Global Transportation Management System market by 2027? Ans. The market size of the GlobalTransportation Management System market is US $ 24.82 Bn. by 2027. 6] What was the market size of the Global Transportation Management System market in 2020? Ans. The market size of the Global Transportation Management System market was worth US $ 7.70 Bn. in 2020.
1. Global Transportation Management System Market: Research Methodology 2. Global Transportation Management System Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Transportation Management System Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Transportation Management System Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Transportation Management System Market Segmentation 4.1 Global Transportation Management System Market, by Transportation Mode (2020-2027) • Roadways • Railways 4.2 Global Transportation Management System Market, by Component (2020-2027) • Solution Type • Hardware • Services 4.3 Global Transportation Management System Market, by Applications (2020-2027) • Consumer goods and retail • Fire station • Parcel and package • Hospital • Mining • Travel and tourism • Others 4.4 Global Transportation Management System Market, by Deployment Mode (2020-2027) • On-Premises • Cloud 5. North America Transportation Management System Market(2020-2027) 5.1 Global Transportation Management System Market, by Transportation Mode (2020-2027) • Roadways • Railways 5.2 Global Transportation Management System Market, by Component (2020-2027) • Solution Type • Hardware • Services 5.3 Global Transportation Management System Market, by Applications (2020-2027) • Consumer goods and retail • Fire station • Parcel and package • Hospital • Mining • Travel and tourism • Others 5.4 Global Transportation Management System Market, by Deployment Mode (2020-2027) • On-Premises • Cloud 5.5 North America Transportation Management System Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Transportation Management System Market (2020-2027) 6.1. Asia Pacific Transportation Management System Market, by Transportation Mode (2020-2027) 6.2. Asia Pacific Transportation Management System Market, by Component (2020-2027) 6.3. Asia Pacific Transportation Management System Market, by Applications (2020-2027) 6.4. Asia Pacific Transportation Management System Market, by Deployment Mode (2020-2027) 6.5. Asia Pacific Transportation Management System Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Transportation Management System Market (2020-2027) 7.1 Middle East and Africa Transportation Management System Market, by Transportation Mode (2020-2027) 7.2. Middle East and Africa Transportation Management System Market, by Component (2020-2027) 7.3. Middle East and Africa Transportation Management System Market, by Applications (2020-2027) 7.4. Middle East and Africa Transportation Management System Market, by Deployment Mode (2020-2027) 7.5. Middle East and Africa Transportation Management System Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Transportation Management System Market (2020-2027) 8.1. Latin America Transportation Management System Market, by Transportation Mode (2020-2027) 8.2. Latin America Transportation Management System Market, by Component (2020-2027) 8.3. Latin America Transportation Management System Market, by Applications (2020-2027) 8.4. Latin America Transportation Management System Market, by Deployment Mode (2020-2027) 8.5. Latin America Transportation Management System Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Transportation Management System Market (2020-2027) 9.1. European Transportation Management System Market, by Transportation Mode (2020-2027) 9.2. European Transportation Management System Market, by Component (2020-2027) 18.2. European Transportation Management System Market, by Applications (2020-2027) 9.4. European Transportation Management System Market, by Deployment Mode (2020-2027) 9.5. European Transportation Management System Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Oracle Corporation 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Descartes 10.3. CTSI-Global 10.4. Blujay Solutions 10.5. Efkon AG 10.6. TMW Systems, Inc. 10.7. SAP SE 10.8. Manhattan Associates 10.9. JDA Software, Inc. 10.10. Intel-Logistics GmbH 10.11. Mercurygate International, Inc. 10.12. Metro Infrasys Private Limited 10.13. Alpega Group 10.14. Software Group 10.15. 3GTMS 10.16. Infor 10.17. C.H. Robinson Worldwide, Inc 10.18. Omnitracs 10.19. Next Generation Logistics, Inc

About This Report

Report ID7437
Category Information Technology & Telecommunication
Published DateNov 2019
Updated DateOct 2021
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