Transportation Management System Market Research, 2032:
The transportation management system (TMS) market is expected to grow at a CAGR of 8.60% from 2023 to 2032. The growth of the market is driven by the increasing demand for efficient and cost-effective transportation solutions, the growth of the e-commerce industry, and the rising adoption of cloud-based TMS solutions.
Market Scope:
The global transportation management system market is segmented by offering (solutions and services), transportation mode (roadways, railways, airways, maritime), end-user (manufacturing, retail, e-commerce, logistics, others), and region.
The solutions segment is expected to hold the largest share of the market during the forecast period. This is due to the increasing demand for integrated and end-to-end transportation management solutions that can help businesses to improve their efficiency and profitability.
The transportation mode segment is segmented into roadways, railways, airways, and maritime. The roadways segment is expected to hold the largest share of the market during the forecast period. This is due to the increasing demand for road transportation services in developing countries.
The end-user segment is segmented into manufacturing, retail, e-commerce, logistics, and others. The manufacturing segment is expected to hold the largest share of the market during the forecast period. This is due to the increasing demand for efficient and cost-effective transportation solutions in the manufacturing industry.
Key Market Segments:
The global TMS market is segmented by offering (solutions, services), transportation mode (roadways, railways, airways, maritime), end user (retail, e-commerce, manufacturing, logistics, others), and region.
The solutions segment is expected to hold the largest share of the market during the forecast period. The increasing demand for cloud-based TMS solutions and the growing need for real-time visibility into the transportation network are driving the growth of this segment.
The transportation mode segment is segmented into roadways, railways, airways, and maritime. The roadways segment is expected to hold the largest share of the market during the forecast period. The growth of this segment can be attributed to the increasing demand for transportation of goods and services over short distances.
The end-user segment is segmented into retail, e-commerce, manufacturing, logistics, and others. The retail segment is expected to hold the largest share of the market during the forecast period. The growth of this segment can be attributed to the increasing demand for efficient and cost-effective transportation of goods to retail outlets.
Key Companies:
Some of the key companies operating in the global transportation management system market include:
- Oracle
- Manhattan Associates
- Descartes Systems Group
- JDA Software
- SAP
- Infor
- BluJay Solutions
- 3GTMS
- TMW Systems
Market Drivers:
The following are some of the key drivers of the global transportation management system market:
- Increasing demand for efficient and cost-effective transportation solutions
- Growth of the e-commerce industry
- Rising adoption of cloud-based TMS solutions
- Increasing government regulations
- Growing demand for visibility and transparency in the supply chain
Browse Complete Report @
https://www.marketresearchfuture.com/reports/transportation-management-systems-market-1397
Recent Developments
Some of the recent developments in the global transportation management system market include:
- In January 2023, Oracle announced the acquisition of Logility, a provider of cloud-based supply chain management solutions.
- In February 2023, Descartes Systems Group announced the acquisition of Blue Yonder, a provider of supply chain planning and execution solutions.
- In March 2023, JDA Software announced the acquisition of 3GTMS, a provider of transportation management solutions.
Other Trending Reports:
Healthcare in Metaverse Market Research Report - Global Forecast till 2030
6G Market Research Report- Global Forecast till 2040
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com
