The global Transportation Management System (TMS) market is expected to grow at a CAGR of nearly 18.2% during the forecast period (2021-2027). The key factors contributing to the growth of the global TMS market include the growing technological innovations such as Advanced Driver Assistance Systems (ADAS) in the transportation industry and logistics industry and rising transportation in the e-commerce industry.
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Large enterprises are expected to broadly use TMS solutions and services, and this trend is projected to continue over the forecast period. TMS solutions combine route optimization, carrier tracking, analytics, order administration, and account settlement into a single centralized system. As a result, major corporations spend substantially on advanced technologies in order to boost their total production and efficiency. Rising demand for flexible, scalable, and easy services among large enterprises is expected to drive market players to develop newer technologies and potential solutions.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Transportation Management System Market – Segmentation
By Component
- Solution
o Planning and Execution
o Order Management
o Audit, Payment, and Claims
o Reporting and Analytics
o Routing and Tracking
- Services
o Consulting
o Integration and Implementation
o Support and Maintenance
By Transportation Mode
- Roadways
- Railways
- Airways
- Maritime
By Deployment Type
- On-Premises
- Cloud
By Organization Size
- Small and Medium-Sized Enterprises
- Large Enterprises
By Verticals
- Retail
- Healthcare and Pharmaceutical
- Manufacturing
- Transportation and Logistics
- Energy and Utilities
- Government
- Others (construction and agriculture)
Global Transportation Management System Market – Segmentation by region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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