Transportation Management System (TMS) Market Overview:
The goal of this study is to provide an overview of the Transportation Management System (TMS) Market as well as a detailed market segmentation by segments and geographies. The report contains critical information on the market positions of the top Transportation Management System (TMS) firms, as well as important industry trends and opportunities.
The study also contains company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information for the leading industry players in the Global Transportation Management System (TMS) market. This research looks into global, regional, and corporate market trends, volume, and value. This study examines the whole Transportation Management System (TMS) Market Size from a worldwide standpoint, evaluating historical data and generating estimates.
Expected Revenue Growth:
Transportation Management System (TMS) Market size was valued at US$ 9.10 Bn. in 2021 and the total revenue is expected to grow at 18.24% through 2022 to 2029, reaching nearly US$ 34.78 Bn.
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Market Scope:
Following the completion of market engineering, which included market statistics computations, market size estimations, market projections, market breakdown, and data triangulation, extensive primary research was conducted to gather information and verify and validate key figures. Both top-down and bottom-up approaches, as well as several data triangulation methods, were often used throughout the market engineering process to get a market evaluation and predictions for the overall market segments and sub-segments included in the Transportation Management System (TMS) market study. To give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Top-down and bottom-up approaches are used to validate the market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.
Transportation Management System (TMS) Market Segmentation:
The global Transportation Management System (TMS) market is divided into Cloud and On-premises segments based on deployment mode. 57% of the market was accounted for by the on-premises segment in 2021. Many major manufacturing and distribution firms still favour on-premise TMS because to the necessity for data protection, easy access to the server, and superior control over modification. However, incumbents from a wide range of industries and industrial verticals are anticipated to convert to cloud-based TMS in large numbers over the course of the forecast period as the benefits of this approach become more widely understood.
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Transportation Management System (TMS) Market Major Players:
Inorganic growth tactics cited in the industry included acquisitions, partnerships, and collaborations. Because of increased demand, industry participants in the Transportation Management System (TMS) market are projected to benefit from excellent future growth opportunities. The following are a few firms involved in the global Transportation Management System (TMS) industry.
• 3GTMS, Inc.
• CargoSmart Ltd.
• Descartes Systems Group, Inc.
• Manhattan Associates, Inc.
• BluJay Solution
• One Network Enterprises
• JDA Software Group, Inc.
• Oracle Corporation
• SAP SE
• Precision Software, Inc.
• TECSYS
• John Galt Solutions
• SuperProcure
• Axit AG
Regional Analysis:
After studying the political, economic, social, and technical elements impacting the Transportation Management System (TMS) market in various regions, the report offers a detailed PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, and the Middle East, Africa, and South America.
COVID-19 Impact Analysis on Transportation Management System (TMS) Market:
Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their plans to account for changing market supply. This report provides an overview of the COVID-19's influence on the Transportation Management System (TMS) market and will assist you in developing your business in accordance with the new industry standards.
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Key Questions Answered in the Transportation Management System (TMS) Market Report are:
What will be the CAGR of the Transportation Management System (TMS) market during the forecast period?
In the Transportation Management System (TMS) industry, which market category emerged as the market leader?
Who are the main market participants in Transportation Management System (TMS)?
What will the size of the Transportation Management System (TMS) market be in 2029?
Which company dominated the Transportation Management System (TMS) industry in terms of market share?
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