Transportation Management System Market Overview: 

The Transportation Management System market study gives a comprehensive view of the competition, including the market share and company profiles of the major global competitors. The scope of the research includes a full examination of the Transportation Management System Market, as well as the reasons for variations in the industry's growth between regions.

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Forecasted Growth in Revenue:

Transportation Management System (TMS) Market size was valued at US$ 9.10 Bn. in 2021 and the total revenue is expected to grow at 18.24% through 2022 to 2029, reaching nearly US$ 34.78 Bn.

Market Scope:

Following the completion of market engineering, which included market statistics computations, market size estimations, market forecasts, market breakdown, and data triangulation, extensive primary research was done to gather information and verify and validate important numbers. To undertake market estimating and forecasting for the overall market segments and sub-segments described in this research, top-down and bottom-up tactics, as well as different data triangulation procedures, were often employed throughout the market engineering process. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.

Transportation Management System Market Segmentation: 

The global Transportation Management System (TMS) market is divided into Cloud and On-premises segments based on deployment mode. 57% of the market was accounted for by the on-premises segment in 2021. Many major manufacturing and distribution firms still favour on-premise TMS because to the necessity for data protection, easy access to the server, and superior control over modification. However, incumbents from a wide range of industries and industrial verticals are anticipated to convert to cloud-based TMS in large numbers over the course of the forecast period as the benefits of this approach become more widely understood.

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Transportation Management System Market Key Companies:

Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data.

The biggest players in the Transportation Management System market are as follows:

• 3GTMS, Inc.
• CargoSmart Ltd.
• Descartes Systems Group, Inc.
• Manhattan Associates, Inc.
• BluJay Solution
• One Network Enterprises
• JDA Software Group, Inc.
• Oracle Corporation
• SAP SE
• Precision Software, Inc.
• TECSYS
• John Galt Solutions
• SuperProcure
• Axit AG

Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Transportation Management System market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on Transportation Management System Market:

Due to a break in operations, end-user sectors where Transportation Management System are used suffered a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, and Spain, France, and India. As a result, the revenues of enterprises in these industries fell significantly, as did the demand for Transportation Management System manufacturers, impacting the growth of the Transportation Management System market in 2020. Lockdowns and a surge in COVID-19 events globally have severely reduced end-user business demand for Transportation Management System.

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Key Questions Answered in the Transportation Management System Market Report are: 

  • In 2021, which segment owned the greatest share of the Transportation Management System market?
  • What is the competitive landscape of the Transportation Management System market?
  • What are the key factors influencing Transportation Management System market growth?
  • In the Transportation Management System market, which region has the most market share?
  • What will be the CAGR of the Transportation Management System market over the forecast period (2022-2029)?

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