What is the market size of the "Transportation Management System (TMS) Market"?

Transportation Management System (TMS) Market size was valued at US$ 9.10 Bn. in 2021 and the total revenue is expected to grow at 18.24% through 2022 to 2029, reaching nearly US$ 34.78 Bn.

Transportation Management System (TMS) Market Overview:

The Transportation Management System (TMS) industry research provided a comprehensive analysis of the worldwide Transportation Management System (TMS) Market, taking into account all critical variables such as growth factors, limitations, market advancements, top investment pockets, future prospects, and trends. The research begins by emphasizing the important trends and possibilities that may develop in the near future and have a favorable influence on overall industry growth.

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Market Scope:

The Transportation Management System (TMS) Market report includes a comprehensive analysis of major players in the market, application, and geographic conditions to help identify key competitors both locally and globally. The report also covers the investment options available in the micro market to investors, along with a comprehensive analysis of the competitive landscape and key products the companies offer. 

Transportation Management System (TMS) Market report provides in-depth knowledge and understanding of trends, dynamics, restraints, and opportunities. Research identifies the most important trends that will impact business operations. It helps to identify the information included in the research that determines the competitive landscape of key companies, the factors affecting the market size and volume, and other aspects that can help to determine the current marketing plan. SWOT analysis was done to find the strengths and weaknesses of the market.

Segmentation Analysis:

The global Transportation Management System (TMS) market is divided into Cloud and On-premises segments based on deployment mode. 57% of the market was accounted for by the on-premises segment in 2021. Several major manufacturing and distribution firms still favour on-premise TMS because to the necessity for data protection, easy access to the server, and superior control over modification. However, incumbents from a wide range of industries and industrial verticals are anticipated to convert to cloud-based TMS in large numbers over the course of the forecast period as the benefits of this approach become more widely understood.

The Roadways, Railways, Aviation, and Marine segments comprise the global Transportation Management System (TMS) market. In 2021, the Roadways category had the highest market share (41.1%). One of the most popular forms of transportation worldwide is road travel. It is considered to be more affordable than other forms of transportation. Because it can load and unload at any location, it is also seen as being economical and adaptable. Many governments, particularly in emerging economies, are currently putting programmes into place aimed at modernising their transportation infrastructure. This is expected to increase demand for logistical services delivered by roads and, as a result, support the expansion of the highways market.

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Key Players:

• 3GTMS, Inc.
• CargoSmart Ltd.
• Descartes Systems Group, Inc.
• Manhattan Associates, Inc.
• BluJay Solution
• One Network Enterprises
• JDA Software Group, Inc.
• Oracle Corporation
• SAP SE
• Precision Software, Inc.
• TECSYS
• John Galt Solutions
• SuperProcure
• Axit AG
• CTSI-Global
• Blue Yonder
• GT Nexus
• Transentric
• Transporeon
• MercuryGate

Regional Analysis:

Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the regions that make up the Transportation Management System (TMS) market growth. Every region has different factors such as political, geographic, economic, etc. which are affecting the Transportation Management System (TMS) market. Local and regional development plans are often affected by the performance of the Transportation Management System (TMS) market. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.

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

• What is Transportation Management System (TMS) Market?
• What is the forecast period of the Transportation Management System (TMS) Market?
• What is the competitive scenario of the Transportation Management System (TMS) market?
• Which region held the largest market share in the Transportation Management System (TMS) Market?
• What are the opportunities for the Transportation Management System (TMS) Market?
• What factors are affecting the Transportation Management System (TMS) market growth?
• Who are the key players of the Transportation Management System (TMS) market?
• Which company held the largest share in the Transportation Management System (TMS) market?
• What will be the CAGR of the Transportation Management System (TMS) market during the forecast period?
• What key trends are likely to emerge in the Transportation Management System (TMS) market in the coming years?

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Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Transportation Management System (TMS)
• Landscape- Leading key players and other prominent key players.

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