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Freight Transportation Management Market size was valued at USD 24.42 Bn. in 2021 and the total Freight Transportation Management revenue is expected to grow by 10.5 % from 2022 to 2029, reaching nearly USD 27.50 Bn.
Freight Transportation Management Market Overview:
With an emphasis on worldwide market trends and analysis, the “Global Freight Transportation Management Market Analysis” is a comprehensive examination of the Freight Transportation Management market size. This report aims to give a broad overview of the industry and a thorough breakdown of the market by region and sector. Over the projection period, the Freight Transportation Management market growth is anticipated to increase quickly. Important market positioning data for the top Freight Transportation Management firms is included in the study, along with important market trends and business prospects.
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Market Scope:
Top-down and bottom-up approaches are used to validate the market size and estimate the market size by different segments. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders) (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). To determine percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the given market Size in the pertinent region or country determines the country-specific divisions of the overall market and its sub-segments.
Segmentation:
Rail freight transportation offers benefits over other modes of transportation in terms of safety, energy consumption, land use, and environmental performance, and it leads the market for freight transportation management. Due to this growing demand, the rail logistics environment has grown complex and difficult to handle, necessitating the understanding of both information technology systems and the rail cargo sector for enterprises. Due to the necessity to automate and streamline procedures as well as the increased operational complexity of small freight trains, intermodal lines, and private factory rails, a wide range of rail freight transportation management systems have been developed.
Key Players:
Primary and secondary research are used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The following are the key players of the Freight Transportation Management market-
• CTSI-GLOBAL
• GEODIS
• THE DESCARTES SYSTEMS GROUP INC
• Manhattan Associates
• Transplace
• Softeon
• GlobalTranz
• Oracle
• SAP SE
• Accenture
• Blue Yonder Group, Inc.
• E2open, LLC
• Trimble Inc.
• DSV
• Werner Enterprises
• Supply Chain Solutions
• C.H. Robinson Worldwide, Inc.
• TRANSPOREON GmbH
• MercuryGate
• JDA Software
• HighJump
• CEVA Logistics
• DB Schenker
Research methodology:
The size of the worldwide Freight Transportation Management market Share is estimated and validated using top-down and bottom-up techniques. Players strictly adhere to a variety of industry classification rules in order to produce an exhaustive list of active and prominent participants. A rigorous validation test is also carried out to determine the market companies that are most pertinent to the query. Using subscription databases like Factiva, Bloomberg, and others, priority rankings are organised according to the revenue from the most recent quarter. Last but not least, in order to fulfil all standards for primary data collection by appointment only, a questionnaire that concentrates on the main goal categories was specifically constructed.
This assists us in gathering information on, among other things, player earnings, costs of operations, profits, and the growth of different products and services. Nearly 70–80% of the data is obtained from original sources before being verified by a variety of secondary sources, including the World Bank, associations, corporate websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and more.
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