A transportation management system (TMS) is a subset of supply chain management and is centered mainly on transportation and logistics.Ê
Scope of the Report:This report studies the Transport Management System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Transport Management System market by product type and applications/end industries.
Rapidly growing economies offer opportunities and challenges to the transportation industries. Increased shipment of goods across the globe is a major cause behind channel congestion and increase in competition between market players. Thus, requirement of transportation management system is increasing due to need for safety standards while transportation, storage and handling of goods. With the increasing transportation costs due to complex and intensive transportation networks, need for transportation management system is also increasing which is driving the overall global transport management system market. Moreover, increasing demand for Ôsoftware as a service (SaaS)Õ based transport management system is further anticipated to stimulate the global transport management system market. Increasing advancements in transport management systems over the conventional ones is another significant factor fuelling the growth of the global transport management system market. Furthermore, increasing collaboration between hardware providers and content suppliers is a key element driving the global transport management system market. Moreover, lack of awareness regarding transport management system among various end-use industries is a major challenge hampering the growth of the global transport management system market. Also, high cost associated with the initial installation of transport management system is another key factor restraining the smooth development of global transport management system market.
The global Transport Management System market is valued at 9800 million USD in 2020 and is expected to reach 20600 million USD by the end of 2026, growing at a CAGR of 13.2% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Transport Management System.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Descartes
JDA Software
Manhattan Associates
Oracle
SAP
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Transport Sourcing
Capacity Management
Performance Management
Network Design
Shipping Consolidation
Route Planning
Market Segment by Applications, can be divided into Railways
Roadways
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.