Transportation Management Systems Market to Witness Impressive Growth During 2022-2028

The Transportation management systems market was projected to grow from USD 9.8 billion in 2021 to USD 25.6 billion by 2028 at a CAGR of over 14.8% during the forecast period.

Stratview Research has published a new report titled ‘Transportation Management Systems Market’ to its database. It has segmented the market By Mode of Transportation (Roadways, Railways, Waterways, Airways), By Deployment (On-Premise, Cloud), By End-Use (Retail E-commerce, Manufacturing, Logistics, Government organizations, Others) and by Region (North America [The USA, Canada, and Mexico], Europe, and Rest of the World [Brazil, Saudi Arabia, and Others]).

Market Segments' Analysis

The market researchers have studied the Transportation Management Systems Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -

Based on mode of transportation type, the market has been classified into roadways, railways, waterways, airways. Under these, the roadways segment held a 40% market share in 2021 and is projected to grow at a robust CAGR in the coming years.

Based on the deployment type, the transportation management systems market has been classified into on-premise and cloud. Under these, the on-premise segment held a significant market share in 2021. Many large manufacturing distribution enterprises still opt for on-premise TMS due to the data safety requirements, improved control over customization, and convenient access to the server, thereby augments the segment growth in the coming years.

Based on the end-use type, the market has been classified into Retail E-commerce, Manufacturing, Logistics, Government organizations, Others. Under these, the Manufacturing segment held a market share of 35% in 2021 and is projected to grow at a robust CAGR in the coming years.

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Key Players of the market:

  • CargoSmart Ltd (China),
  • Descartes Systems Group, Inc. (Canada),
  • Manhattan Associates, Inc. (US),
  • JDA Software Group, Inc (US),
  • SAP SE (Germany),
  • Precision Software, Inc. (QAD Inc.) (US),
  • MercuryGate International, Inc (Summit Partners) (US).

In terms of region, the North America market held a significant market share 30% in 2021 and is projected to grow at a robust CAGR in the coming years. Increasing technology developments, strong e-commerce market in the region, as well as presence of large number of industry players, further boosts the regional market growth in the following years.

Highlights of the report:

The report also highlights the following segments -

  • The market structure and forecasts for the coming years.
  • Drivers, restraints, opportunities, and current trends of Transportation Management Systems Market.
  • Historical data and forecast.
  • Estimations for the forecast period 2028.
  • Developments and trends in the market.

Our market research experts have studied the TRANSPORTATION MANAGEMENT SYSTEMS Market in 360 degrees via. both primary secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-chain, pricing trends, product preferences, consumer patterns more. The findings are further validated through primary research with industry experts across the globe.

Reasons to Invest in this Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period.
  • Segments include quantitative, qualitative, and value data.
  • Regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.

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About Us

Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.

 


James McGill

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