The newly Transportation Management Systems (TMS) market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
Product Information
A transportation management system (TMS) is a subset of supply chain management (SCM) that deals with the planning, execution, and optimization of the physical movements of goods. In simpler terms, it's a logistics platform that enables users to manage and optimize the daily operations of their transportation fleets.
On the basis of products, the various types include Railways and Roadways. On the basis of application, the Transportation Management Systems (TMS) market is segmented into Consumer goods and retail, Parcel and package, Fire station, Hospital, Travel and tourism, Mining, and Others (food and beverage, and electronics and electrical).
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Market Insights
According to a new research study, the Transportation Management Systems (TMS) market size is expected to reach USD 4,602 million by 2026 from USD 2,092 million in 2019, with a compound annual growth rate of 11.92% during the forecast period. The Transportation Management Systems (TMS) market is expected to witness significant growth due to the increase in the number of smart connected devices and the increasing preference for SaaS-based TMS solutions. The increasing use of vehicular communication systems will be a significant trend in gaining prominence in the Transportation Management Systems (TMS) market during the next few years. Owing to Vehicular communications effectively overcome traffic congestion and avoid accidents, they are often developed and maintained as part of a transportation management system. However, lack of awareness among end-users as well as high deployment cost is expected to hamper the growth of the market. The integration of cloud computing and radio frequency identification (RFID) technology with supply chain management systems will provide some opportunities for the growth of the market in the coming years.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
In 2018, the Transportation Management Systems (TMS) global market was mainly concentrated in the three regions of North America, Europe, and Asia-Pacific, with the market share of 38.95%, 34.26%, and 21.17% respectively, accounting for a total of 94.38%. North America is the largest market with a proportion of 43.26% and is anticipated to remain dominant during the forecast period. This can be attributed to the popularity of cloud computing technology and the increasing use of RFID technology in the supply chain system in this region.
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Competitive Players
The Transportation Management Systems (TMS) market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are 3GTMS, Inc, Oracle Corporation, JDA Software Group, Inc, Manhattan Associates Inc, and CargoSmart Ltd. Other prominent vendors in the market are One Network Enterprises, Lean Logistics, Inc, Descartes Systems Group, Inc, MercuryGate International, Inc, The Descartes Systems Group, Logility, SAP, and others.
Target Audience for this Report
l Transportation Management Systems (TMS) manufacturers
l Transportation Management Systems (TMS) importers and exporters
l Transportation Management Systems (TMS) traders, distributors, and suppliers
l Transportation Management Systems (TMS) industry associations
l Product managers, Transportation Management Systems (TMS) industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Government agencies and NGOs
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Transportation Management Systems (TMS) Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Transportation Management Systems (TMS) Market by Types
4 Segmentation of Transportation Management Systems (TMS) Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Transportation Management Systems (TMS) Market in Major Countries
7 North America Transportation Management Systems (TMS) Landscape Analysis
8 Europe Transportation Management Systems (TMS) Landscape Analysis
9 Asia Pacific Transportation Management Systems (TMS) Landscape Analysis
10 Latin America, Middle East & Africa Transportation Management Systems (TMS) Landscape Analysis
11 Major Players Profile
11.1 3GTMS, Inc
11.1.1 3GTMS, Inc Company Profile, and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Oracle Corporation
11.3 JDA Software Group, Inc
11.4 Manhattan Associates Inc
11.5 CargoSmart Ltd
11.6 One Network Enterprises
11.7 Lean Logistics, Inc
11.8 Descartes Systems Group, Inc
11.9 MercuryGate International, Inc
11.10 The Descartes Systems Group
11.11 Logility
11.12 SAP
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Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
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