PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1590319
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1590319
Transportation Management System Market Introduction and Overview
According to SPER Market Research, 'Transportation Management System Market Size- By Transportation Mode, By Mode of Deployment, By Enterprise Size - Regional Outlook, Competitive Strategies and Segment Forecast to 2033, states that the Global Transportation Management System Market is estimated to reach USD 69.15 billion by 2033 with a CAGR of 17.65%.
A Transportation Management System (TMS) is a software designed to assist companies in better managing their transportation and logistics operations. It enables the efficient organization, execution, and oversight of the movement of goods by rail, road, air, and sea. Among a TMS's main duties are freight audit, cargo tracking, route optimization, carrier selection, and payment automation.
The COVID-19 pandemic had a significant impact on the market for Transportation Management Systems (TMS). Due to limitations on transportation, fluctuating demand, and interruptions in global supply chains, businesses turned to TMS systems for more visibility and real-time management. The pandemic hastened the growth of e-commerce, necessitating the adoption of TMS to optimize last-mile deliveries.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Transportation Mode, By Mode of Deployment, By Enterprise Size
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa, and Europe.
Companies Covered 3Gtms Inc, CargoSmart Ltd, Descartes Systems Group Inc, Manhattan Associates Inc, JDA Software Group Inc, Oracle Corporation, SAP SE, Precision Software Inc, MercuryGate International Inc, BluJay Solutions Ltd.
Transportation Management System Market Segmentation:
By Transportation Mode: Based on the Transportation Mode, Global Transportation Management System Market is segmented as; Airways, Railways, and Roadways.
By Mode of Deployment: Based on the Mode of Deployment, Global Transportation Management System Market is segmented as; On-premise and Cloud.
By Enterprise Size: Based on the Enterprise Size, Global Transportation Management System Market is segmented as; Small and Medium Enterprises and Large Enterprises.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa, and Europe.