Global Transportation Management System Market and the factors driving the market along with those that act as restraints to its growth. The global Transportation Management System Market is witnessing a sheer rise in the current scenario and is expected to expand in the coming years. Various technological advancements made by the players operating in the market is one of the major factor expected to propel the demand of Transportation Management System Market. However, stringent regulatory framework in the market is expected to hinder the market growth.
Global TMS market is expected to grow from US$ 1,920.6 Mn in 2017 to US$ 3,262.3 Mn by 2025 at a CAGR of 7.02% between 2018 and 2025.
Transportation Management System (TMS) market is experiencing a high growth throughout the globe, driven by growth in construction, manufacturing, automotive, e-commerce and other industries. As these industries require proper transportation services to ensure on-time delivery of goods and services. Therefore, use of TMS is gaining a high momentum among diversified industries to help the companies achieving their goal. Centralization of TMS with cloud technology, adoption of more advanced systems owing to burgeoning globalization, analytics to gain significant power for dedicated TMS, self-driven trucks and emergence of apps are some of the factors which helps to drive the TMS market during the forecast period.
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•To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Transportation Management System Market
•To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
Some of the key players operating in the transportation management system market includes The Descartes Systems Group Inc., Oracle Corporation, 3Gtms, Inc., JDA Software Group, Inc., Manhattan Associates, BluJay Solutions Ltd., C.H. Robinson Worldwide, Inc., MercuryGate International Inc., and SAP SE among others.
The report focuses on an in-depth segmentation of TMS market based on component, function, deployment type, industry verticals, and geography. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By function segment, large enterprises is accounted for largest share in the TMS market in 2017, However, SMEs are projected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global TMS market with detailed market segmentation. Also, it analyzes the current market scenario of TMS and its forecasts till 2025. The report covers industry dynamics affecting the overall TMS market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the TMS market with respect to the geographic regions. The report also includes the detailed company profiles of the key players in the transportation management system market along with their market strategies. The report also provides value chain along with the SWOT analysis for all company profiled in the report.
An off-the-shelf report on Transportation Management System Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2025.
Major Factors about the Report:
• Global Transportation Management System Market Overview
• Economic Impact on Market
• Market Competition
• Global Transportation Management System Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Market Effect, Factors, Analysis
• Global Market Forecast
What our report offers:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Transportation Management System Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Transportation Management System Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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