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 report focuses on aspects such as gross margin, cost, market share, capacity utilization, and supply that affect Transportation Management System (TMS) Market. It also helps in understanding Transportation Management System (TMS) Market’s future potential in the succeeding years. The report provides a market overview by standard topics which are highlighted with customized data according to the necessity. This overview helps in decisions on how to approach the market and understand the context of the industry. The research analyst has said that the APAC region is a lucrative opportunity for the Transportation Management System (TMS) market and components manufacturers for the next ten years.
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Transportation Management System (TMS) Market Scope:
MMR’s research is a thorough examination of the Transportation Management System (TMS) market; it also identifies all of the top companies in the global market based on variables such as volume, share, strategies, and growth. In the Transportation Management System (TMS) market, the research looks at each producers manufacturing sites, capacity, production, ex-factory price, market price, sales revenue, and market share. Import/export consumption, supply and demand, cost, price, share, sales volume, revenue, and gross margins are all covered in this Transportation Management System (TMS) market research. For the competitive analysis, the report includes the profile of the key market players in the Transportation Management System (TMS) market including company overview, financial performance, product portfolio, and strategies.
Segmentation:
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 Competitors:
• 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
The report looks at the most recent notable breakthroughs in the Transportation Management System (TMS) market, as well as the major producers and inventors. To implement future business growth and expansion in a predictable time period, vendors should employ sequential merger and acquisition plans, geographic development strategies, research and development (R & D) strategies, and new product launch strategies, or explain the most advantageous fit.
Regional Analysis:
The market’s key geographies, as well as notable segments and sub-segments, are examined in the Transportation Management System (TMS) Industry Research. This Transportation Management System (TMS) market report includes figures, geographies, and revenue, as well as an in-depth examination at the business chain structure, opportunities, and industry news. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
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Key Questions answered in the Transportation Management System (TMS) Market Report is:
- Which product segment grabbed the largest share in the Transportation Management System (TMS) market?
- How is the competitive scenario of the Transportation Management System (TMS) market?
- Which are the key factors aiding the Transportation Management System (TMS) market growth?
- Which region holds the maximum share in the Transportation Management System (TMS) market?
- What will be the CAGR of the Transportation Management System (TMS) market during the forecast period?
- Which application segment emerged as the leading segment in the Transportation Management System (TMS) market?
- Which are the prominent players in the Transportation Management System (TMS) market?
- What key trends are likely to emerge in the Transportation Management System (TMS) market in the coming years?
- What is the expected global Transportation Management System (TMS) market size by 2029?
- Which company held the largest share in the Transportation Management System (TMS) market?
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