Transportation Management System Market was valued at US$ 9.95 Bn. in 2021 and the total Transportation Management System revenue is expected to grow at 17.6% from 2022 to 2029, reaching nearly US$ 36.4 Bn.
Market Overview:
Maximize Market Research published reports help you understand the landscape of Transportation Management System market that you are competing in. The report gives insights about the market to help you understand the demand for your product in the future and how competitive the Transportation Management System market is likely to be. It is a complete exam that specializes in number one and secondary drivers, marketplace share, main segments, and geographical evaluation.
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Market Scope:
Transportation Management System Report gives in-depth detailed knowledge and understanding of trends, dynamics, etc. The report provides trends that are dominant and will influence the business. It helps you identify drivers which can be used as an advantage, identify restraints to overcome challenges, and identify potential opportunities for the Transportation Management System market. The report also analyses if the Transportation Management System market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc. You can design the business strategies using the insights such as how many rivals, who are they, how many buyers you have etc. provided in our report. The data provided in the report assists in finding the competitive landscape of key players, factors affecting the market, etc. to help you understand whether the current marketing strategies are in the right direction and how to further improve them.
Segmentation:
Component, Transportation Mode, Organization Size, Vertical, Deployment Method, and Region are the key segments used to divide the Transportation Management System market. The development of various methods to help identify key application areas and the gap in the target market is facilitated by the expansion of distinct segments, which provides report users with information of the numerous growth variables anticipated to be prevalent throughout the market. The research offers a thorough study of the market and includes insightful information, actual details, historical data, and market statistics that have been scientifically backed and approved by the relevant industries. Also, it contains projections based on the proper methodology and set of assumptions.
Throughout the projection period, the maritime segment is anticipated to expand at a CAGR of 9.4%. This can be explained by the large investments that various governments are making in the implementation of transportation management systems for the efficient management of waterways. The airline segment is anticipated to experience significant growth over the course of the projected period. The enormous emphasis that companies in the e-commerce and logistics industries are making on accelerated product delivery is anticipated to be the primary driving force behind the use of TMS for air travel.
Due to the unrelenting rise of the e-commerce sectors in nations like China and India, the retail category is predicted to grow at a CAGR of 8.1% throughout the projection period. While China accounts for almost 80% of internet sales in the Asia Pacific area, India is expected to expand at the fastest rate globally. Some of the largest e-commerce companies, like Alibaba Group, Walmart Inc., and Amazon.com, Inc., are aggressively integrating transportation management systems in the APAC area to improve their shipping processes.On-premise software accounted for more than 55% of the market by deployment mode in 2021. Many businesses continue to favour on-premise solutions because they offer simple server access, greater customizability, and adequate data protection. This has aided in the segment's expansion. Yet, as awareness of the advantages of cloud-based solutions spreads, it is anticipated that rivals in many industries and industry verticals will actively move to cloud-based transportation management systems.
Regional:
The regional Analysis provided in our report helps you understand the Transportation Management System market in various regions. Every region has different factors such as political, geographic, buying behaviour, etc. which are affecting the Transportation Management System market. Our report briefly explains all the factors, market size, growth rate, import and export in regions covering North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Various regions, countries have legal barriers, geographic advantages, distinct buying behaviour, etc. The reports help you in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions.
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Key Players:
•Oracle(US)
• Elemica(US)
• 3Gtms(US)
• Shipwell(US)
• Group(US)
• MercuryGate International(US)
• Blue Yonder(US)
• Ratelinx(US)
• oTMS(US)
• Worldwide Express(US)
• Infor(US)
• Transplace(US)
•Manhattan Associatess(US)
• C.H. Robinson(US)
• E2open Trimble(US)
• WiseTech Global (Australia)
• Descartes Systems (Canada)
• Alpega Group( Belgium)
• Generix Group(France)
• 3T Logistics & Technology Group(UK)
• nShift(Finland)
• BlueRock Logistics(Netherlands)
• TESISQUARE(Italy)
• SAP (Germany)
• DDS Logistics(India)
The Transportation Management System market report thoroughly covers analysed insights of key players in terms of market, applications, and geographies to help you identify competition both domestic and globally. It helps in understanding the competition by providing in-depth profiling of companies and products/services provided. Through Competitive Benchmarking, BCG matrix, and various other tools we provide the market share analysis of players in Transportation Management System market.
Key Questions answered in the Transportation Management System Market Report are:
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Transportation Management System Market share , Transportation Management System Market analysis , Transportation Management System Market size
Mar 07, 2023
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