Transportation Management System Market - Global Insights,Analysis, 2017-2025 Transportation management system software and solution is a tool by shipping professionals to detect the data points of the distribution, warehouse supply, route options, rates, transport network. Transport management system enables the shipping manager to understand the information and format, which further helps in effective decision for the company. Request Table of Content of This Report: https://www.coherentmarketinsights.com/ongoing-insight/toc/854 Moreover, transportation management system involves low costs, management of high level customer services, improvement of productivity and efficiency of the logistic operation, and capability of target logistic initiatives that helps in business growth pose as drivers for growth of the market. In addition, increasing usage of IOT and big data technology along with growing adoption of cloud technology provide key opportunities for growth of the transportation management system market. However, insufficient IT investment for transportation infrastructure and high data security concerns are some of the major factors, hindering growth of the transportation management system market. Transportation Management System Market Taxonomy On the basis of mode of transportation, the global transportation management system market is segmented into: ● ● ● ● Railways Roadways Airways Seaways Among mode of transportation, the roadways segment is projected to grow with the largest CAGR over the forecast period. Increasing number of vehicles have resulted in congested roads, in turn causing financial losses to transportation companies. To overcome this issue, the companies are adopting transportation management solutions to find the best routes and reduce financial losses. On the basis of deployment model, the global transportation management system market is segmented into: ● Cloud / Hosted ● On Premises Among deployment model, the cloud/ hosted segment is projected to exhibit the highest CAGR over the forecast period. Increasing adoption of cloud technology by various industries has contributed to its rapid growth, in turn boosting the transportation management system solutions market. Request for Discount of this Report: https://www.coherentmarketinsights.com/insight/request-discount/854 On the basis of application, the global transportation management system market is segmented into: ● ● ● ● ● ● ● ● ● ● ● ● Aerospace & Defense Automotive Chemical Electronics & Electrical Food & Beverage Government Machinery Manufacturing Pharmaceutical Retail Transportation & Logistics Wholesale & Distribution Others On the basis of function, the global transportation management system market is segmented into: ● ● Planning & Execution Fleet Management Transportation Management System Market Outlook – North America holds significant market share On the basis of geography, the global transportation management system market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America holds a dominant position in the global transportation management system market and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are the major countries driving growth of the transportation management system market in the North American region. Companies are focusing on innovation and are continuously adopting advanced technologies, in turn, fueling the demand for transportation management system in the region. Similarly, Asia Pacific is projected to exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major countries that drive growth of the market in Asia Pacific region. The increasing digitalization in emerging economies contributes to increasing demand for transportation management system, in turn fueling growth of the market in the region. Key Players in the Global Transportation Management System Market TMW Systems, Inc., SAP SE, Oracle Corporation, Metro Infrasys Private Limited, Mercurygate International, Inc., Manhattan Associates, JDA Software, Inc., Inet-Logistics GmbH, Efkon AG, Descartes, CTSI-Global, and Blujay Solutions are some of the major players operating in the global transportation management system market. For More Information : https://www.coherentmarketinsights.com/ongoing-insight/transportation-management-s ystem-market-854 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected] Visit Our New Website: http://www.coherentnews.com
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