Transportation Management System (TMS) Market was valued at USD 12.72 Bn in 2023 and is expected to reach USD 41.10 Bn by 2030, at a CAGR of 18.24 % during the forecast period.
Transportation Management System (TMS) Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Transportation Management System (TMS) Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Transportation Management System (TMS) Market.
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Transportation Management System (TMS) Market Scope and Methodology:
The Transportation Management System (TMS) Market requires a mix of both qualitative and quantitative research methods. Transportation Management System (TMS) Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.
The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Transportation Management System (TMS) market. The bottom-up approach was used to determine the global and regional Transportation Management System (TMS) market sizes.
Transportation Management System (TMS) Market Regional Insights:
The Transportation Management System (TMS) Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.
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Transportation Management System (TMS) Market Segmentation:
by Component
Solution
Services
by Solution Type
Planning & Execution
Order Management
Audit, Payment, & Claims
Reporting & Analytics
Routing & Tracking
Planning & Execution, Order Management, Audit, Payment & Claims, Reporting & Analytics, and Routing & Tracking are the market segments based on Solution Type. The Transportation Management System (TMS) market share is anticipated to be highest during the forecast period, with the Planning & Execution segment dominating the market in 2023. The market is growing as a result of lower corporate and end-customer expenses as well as automation of business processes for quicker and more precise billing and documentation.
by Deployment Mode
On-premise
Cloud
The market is divided into two segments based on deployment mode: on-premise and cloud. The Transportation Management System (TMS) market share is anticipated to be highest during the forecast period, with the on-premise segment dominating the market in 2023. For transportation management system solutions, the majority of long-standing manufacturing and distribution businesses continue to favor on-premise deployment. This is due to the safety regulations, the ease of server access, and the increased control the business has over system customization.
by Transportation Mode
Roadways
Railways
Airways
Maritime
by End User
Retail
Healthcare & Pharmaceutical
Manufacturing
Energy & Utilities
Government Sector
Others
Transportation Management System (TMS) Market Key Players:
1. Oracle Corporation - Redwood City, California, USA
2. SAP SE - Walldorf, Germany
3. Manhattan Associates, Inc. - Atlanta, Georgia, USA
4. JDA Software (now Blue Yonder) - Scottsdale, Arizona, USA
5. Descartes Systems Group Inc. - Waterloo, Ontario, Canada
6. C.H. Robinson Worldwide, Inc. - Eden Prairie, Minnesota, USA
7. MercuryGate International, Inc. - Cary, North Carolina, USA
8. Trimble Transportation - Sunnyvale, California, USA
9. HighJump (now Körber) - Minneapolis, Minnesota, USA
10. Kuebix (now part of Trimble Transportation) - Maynard, Massachusetts, USA
11. 3Gtms, Inc. - Shelton, Connecticut, USA
12. LLamasoft, Inc. - Ann Arbor, Michigan, USA
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Key questions answered in the Transportation Management System (TMS) Market are:
- What is Transportation Management System (TMS) ?
- What is the growth rate of the Transportation Management System (TMS) Market?
- Which are the factors expected to drive the Transportation Management System (TMS) Market growth?
- What are the upcoming opportunities and trends for the Transportation Management System (TMS) Market?
- Who are the leading companies and what are their portfolios in Transportation Management System (TMS) Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Transportation Management System (TMS) Market?
- Who are the key players in the Transportation Management System (TMS) Market?
- What are the different segments of the Transportation Management System (TMS) Market?
- Which is the fastest growing region in the Transportation Management System (TMS) Market?
- What growth strategies are the players considering to increase their presence in Transportation Management System (TMS) ?
- What is the CAGR at which the Transportation Management System (TMS) Market will grow during the forecast period?
- What segments are covered in the Transportation Management System (TMS) Market?
For additional insights into this study, please refer to:https://www.maximizemarketresearch.com/market-report/global-transportation-management-system-tms-market/96382/
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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