Uploaded on Jul 23, 2020
Transportation Management System Market Emerging Trend, Growth, Revenue 2026
Transportation Management System Market
Transportation Management System Market Emerging Trend, Growth, Revenue 2026
Market Overview
Transportation management system software and solution is a tool by shipping professionals to detect
the data points of the distribution, warehouse supply, route options, rates, transport network. Transport
management system enables the shipping manager to understand the information and format, which
further helps in effective decision for the company. Moreover, transportation management system
involves low costs, management of high-level customer services, improvement of productivity and
efficiency of the logistic operation, and capability of target logistic initiatives that helps in business
growth pose as drivers for growth of the market. In addition, increasing usage of IOT and big data
technology along with growing adoption of cloud technology provide key opportunities for growth of
the transportation management system market. However, insufficient IT investment for transportation
infrastructure and high data security concerns are some of the major factors, hindering growth of the
transportation management system market.
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Market Dynammics
On the basis of geography, the global transportation management system market is segmented into
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America holds a
dominant position in the global transportation management system market and is projected to retain its
dominance throughout the forecast period. The U.S. and Canada are the major countries driving growth
of the transportation management system market in the North American region. Companies are
focusing on innovation and are continuously adopting advanced technologies, in turn, fueling the
demand for transportation management system in the region. Similarly, Asia Pacific is projected to
exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major
countries that drive growth of the market in Asia Pacific region. The increasing digitalization in emerging
economies contributes to increasing demand for transportation management system, in turn fueling
growth of the market in the region.
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TMW Systems, Inc., SAP SE, Oracle Corporation, Metro Infrasys Private Limited, Mercurygate
International, Inc., Manhattan Associates, JDA Software, Inc., Inet-Logistics GmbH, Efkon AG,
Descartes, CTSI-Global, and Blujay Solutions are some of the major players operating in the global
transportation management system market.
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