In 2022, it’s predicted that the market for transportation management systems will be worth US$6.9 billion. The sector’s impressive double-digit CAGR is projected to be 10.7%. The sales of transportation systems are forecast to surpass US$ 19.1 billion from 2022 to 2032. Over the next few years, it is anticipated that the market for transport management systems would grow, reaching an absolute value of about US$ 8.2 billion by 2032.
The offer in this section includes a variety of opportunities, such as the ability to manufacture goods and provide retail, wholesale, and showcasing services. The researchers at Fact.MR has used extensive rounds of both necessary and optional research to arrive at various assessments and projections for the Demand for Transportation Management System Market at both the global and regional levels.
According to the market research analysis, order wins have been the prominent development in the transportation management system (TMS) market in recent years.
In July 2021, GEFCO, an integrated logistics expert and provider of automotive logistics, selected the cloud-based transportation management system of Blue Yonder. It is oriented to bring about digital transformation to tackle complex logistics challenges.
In June 2021, Hy-Vee Inc., a retail store chain, deployed Manahattan Associate’s transportation management system.
Key Segments Covered
By Component :
Transportation Management Solutions
Planning and Execution Solutions
Order Management Solutions
Audit, Payment and Claims Solutions
Reporting and Analytics Solutions
Routing and Tracking Solutions
Transportation Management Services
Consulting Services
Integration and Implementation Services
Support and Maintenance Services
By Transportation Mode :
Roadways-based Transportation Management Systems
Railways-based Transportation Management Systems
Airways-based Transportation Management Systems
Maritime-based Transportation Management Systems
By Deployment :
On-premise Deployment of Transportation Management Systems
Cloud Deployment of Transportation Management Systems
By Vertical :
Manufacturing
Retail
Healthcare and Pharmaceuticals
Transportation and Logistics
Energy and Utilities
Government
Other Verticals
Regional analysis includes
North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
The data provided in the Transportation Management System Market report offers a comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with an analysis of diverse offerings by market players. The main motive of this report is to assist enterprises in making data-driven decisions and strategizing their business moves.
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