Transportation Management System Market Insights, Covid-19 Impact, Future Scope And Forecast 2029

Transportation Management System Market was valued at US$ 11.70 Bn. in 2022 and the total Transportation Management System revenue is expected to grow at 17.6% from 2023 to 2029, reaching nearly US$ 36.39 Bn.

Transportation Management System Market Scope :

The Transportation Management System Market report presents analytical data that highlights key aspects such as trends, targets, market position, and market value during the forecast period. The competitive analysis covers the major market players, their production capacity, and the demand and supply of their products and services. The report includes key players as well as aspiring companies in the Transportation Management System market. The segmentation analysis aids in understanding different datasets and provides behavioral and geographical analysis to capture significant changes in the forecast period. It also reveals opportunities and revenue generation potential for leading players in the Transportation Management System market. SWOT analysis is performed as a strategic planning and management technique to identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Porter’s analysis is conducted to assess an organization’s strengths, weaknesses, and critical factors affecting profitability. PESTLE analysis is a strategic framework used to evaluate the operating environment of an organization.

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Transportation Management System Market Overview :

Maximize Market Research, a leading business consultancy has published a research report on the Transportation Management System market. The report showcases the global growth of the Transportation Management System market, projecting its upward trajectory until 2029. It provides valuable insights into key industries and offers comprehensive data analysis. The report presents graphical representations that illustrate the current position and potential of the market.

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Transportation Management System Market Segmentation :

by Component

• Solution
• Services

by Transportation Mode

• Roadways
• Railways
• Airways
• Maritime

In 2022, the highways segment accounted for more than 40% of the total market for transportation management systems. Since loading and unloading can occur anywhere, road transportation is regarded as flexible and economical. The expansion of the e-commerce industry has also compelled businesses to enhance their road transportation operations in the wake of the COVID-19 pandemic. The need for road-based logistics is being driven by various governments’ initiatives to improve the infrastructure for road transportation, particularly in developing countries.

by Organization Size

• Large Enterprises
• SMEs

by Vertical

• Retail
• Healthcare and Pharmaceutical
• Manufacturing
• Transportation and Logistics
• Energy and Utilities
• Government
• Others

The manufacturing sector held the greatest market share of the entire Transportation Management System Market in 2022, at over 31%. There is a greater demand for raw materials as a result of the expansion of industrial facilities in developing countries like Mexico and India, which has increased transportation costs. For instance, the “Make in India” initiative of the Indian government actively encourages local manufacturing and its expansion. Such actions are supportive to the manufacturing segment’s expansion over the course of the forecast.

by Deployment Mode

• On-premises
• Cloud

In 2022, the on-premise sector had the highest market share of almost 55%. Many businesses continue to favour on-premise solutions because they give them fast access to the server, more freedom for customisation, and adequate data protection. The segment has grown as a result of this. On the other hand, as consumers become more aware of the advantages of cloud-based solutions, it is anticipated that rivals in various industries and business sectors would actively switch to cloud-based transportation management systems.

Transportation Management System Market Key Players :

•Oracle(US)
• Elemica(US)
• 3Gtms(US)
• Shipwell(US)
• Group(US)
• MercuryGate International(US)
• Blue Yonder(US)
• Ratelinx(US)
• oTMS(US)
• Worldwide Express(US)
• Infor(US)
• Transplace(US)
•Manhattan Associatess(US)
• C.H. Robinson(US)
• E2open Trimble(US)
• WiseTech Global (Australia)
• Descartes Systems (Canada)
• Alpega Group( Belgium)
• Generix Group(France)
• 3T Logistics & Technology Group(UK)
• nShift(Finland)
• BlueRock Logistics(Netherlands)
• TESISQUARE(Italy)
• SAP (Germany)
• DDS Logistics(India)

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Regional Analysis

The analysis presents segmented data by region in a visual format. It offers an overview of the market, comparing it regionally based on the market value of products, demands, and the position of key market players. It also highlights targeted regions and their production capacities. This report assists in implementing new strategies tailored to specific countries and regions within the market.

Key Questions Answered in the Transportation Management System Market Market Report:

• What is the definition of the Transportation Management System Market?
• What is the forecast period for the Transportation Management System Market?
• What is the competitive landscape of the Transportation Management System Market?
• Which region holds the largest market share in the Transportation Management System Market?
• What are the opportunities for the Transportation Management System Market?
• What factors are influencing the growth of the Transportation Management System Market?
• Who are the key players in the Transportation Management System Market?
• Which company holds the largest share in the Transportation Management System Market?
• What will be the compound annual growth rate (CAGR) of the Transportation Management System Market during the forecast period?
• What key trends are expected to emerge in the Transportation Management System Market in the coming years?

Key Offerings:

• Market Share, Size, and Revenue Forecast | 2022-2029
• Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
• Market Segmentation: Detailed analysis by Transportation Management System Market
• Landscape: Leading key players and other prominent participants

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