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Transportation Management System Market report categorizes the global market by Deployment Mode, by Application , by Mode of Transportation, by Function, and by Geography – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2
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.
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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.
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
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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.
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ystem-market-854
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Author
apeksha motghare
apeksha motghare527   documents Email
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