Transportation Management System market size was valued at $99 billion in 2020 and is projected to grow at a CAGR of 11% from 2021 to 2027.
The Transportation Management System (TMS) is designed to integrate with procurement and transportation software to evaluate both inbound and outbound orders, and to suggest multiple transportation solutions to users before choosing the best and cheapest supplier. The transport management system also provides electronic load bidding and communication tools to select potential carriers. Finally, TMS implements delivery tracking and tracking to provide optimal delivery to selected carriers, as well as cargo audit and payment settlement.
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By the type, the market is primarily split into
- Route Optimization
- Mode & Carrier Selection
- Traffic Analytics
- Track & Trace
- Others
By the application, this report covers the following segments
- Traffic Directory
- Parking Information
- Others
The Transportation Management Software key manufacturers in this market include:
- MPO Supply Chain Suite
- JDA Transportation & Logistics Management
- Oracle
- SAP
- Descartes
- MercuryGate
- TMC
- AscendTMS
- Infor TMS
- Transplace
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Scope of the Report
The research study analyzes the global Transportation Management Software industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Transportation Management Software Market Report
1. What was the Transportation Management Software Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Transportation Management Software Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Transportation Management Software Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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