The global demand for Transportation Management Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Transportation management is a coordinations stage that utilizes technology to enable organizations to design, execute, and improve transportation. It smoothes out the delivery procedure and makes it simpler for organizations to oversee and advance their transportation activities, regardless of whether they are through the land, air, or ocean. It also provides visibility into everyday transportation activities, exchanges consistent data and documentation, and guarantees the ideal conveyance of cargo and products.
Market Dynamics
The growing product distribution companies and e-commerce organizations are propelling the growth of the market. Digitization of the transportation business and developing interest in cloud-based transportation services are opening new doors of opportunities. Transportation management is a critical for tourism and travel industry. Firms working in the business need to deal with their fleet to offer better services to the end-clients successfully. With the rise of tourism and the travel industry, competition and rivalry are expanding fundamentally. To successfully contend in the market, organizations are putting resources to improve chain and parallel channels gracefully by conveying a far-reaching transportation management system. Meanwhile, data privacy and security concern is hampering market growth.
The 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 inclusive assessment of each application/product segment in the global market of transportation management.
Market Segmentation
The entire transportation management market has been sub-categorized into component, mode of transportation, application and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Component
- Hardware
- Software
- Service
By Mode of Transportation
- Roadways
- Railways
- Airways
- Waterways
By Application
- Passenger Transportation
- Goods Transportation
By End-Use
- Retail
- Travel & Tourism
- Construction & Heavy Equipment
- Automotive
- Government Transportation
- Consumer Electronics
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for transportation management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Transportation Management 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 transportation management market include MercuryGate International Inc., Amber Road, Inc., Kratzer Automation AG BluJay Solutions, Omnitracs, LLC, Inet-logistics GmbH, JDA Software, Descartes, Oracle Corporation, TMW Systems, Manhattan Associates. This section includes 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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