The global demand for Transport Management System Market is presumed to reach the market size of nearly USD 7.48 BN by 2028 from USD 3.94 BN in 2021 with a CAGR of 9.6% under the study period 2022 - 2028.
A transport management system (TMS) is a software platform that automates transportation. It is responsible for overseeing, organizing, managing and running all aspects of the product shipping process from when an order is placed until it is delivered. The system helps make shipping less expensive and more efficient by organizing everything into precise, easy-to-read lists that can be used efficiently to make the best decision possible. TMS is widely utilized by manufacturers, distributors, wholesalers, retailers and third-party logistics providers across various industries. It is also used for managing international inbound and outbound shipments.
Market Dynamics
The digitization of the transport industry and the growing demand for cloud-based transportation management systems are expected to witness substantial growth. The rise in the number of smart connected devices is propelling the growth of transportation management systems. Furthermore, technological advancement and automation also play a key role in creating opportunities for transportation management systems. Additionally, the rising trend of online shopping and the burgeoning e-commerce sector escalates the demand for these systems to maintain shipping operations. However, the rise in concerns over data security may impede the market's growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of transport management system. The growth and trends of transport management system industry provide a holistic approach to this study.
Market Segmentation
This section of the transport management system market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Transportation Mode
- Railways
- Roadways
- Airways
- Maritime
By Component
- Solution Type
- Hardware
- Services
By Deployment
By Application
- Consumer Goods And Retail
- Parcel And Packages
- Fire Station
- Hospital
- Travel And Tourism
- Mining
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Transport Management System market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Transport Management System Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the transport management system market include SAP SE, Oracle Corporation, Descartes, JDA Software, CTSI-Global, Blu Jay Solutions, Mercury Gate International, TMW Systems, Manhattan Associates, Inet-Logistics GmbH. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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