Transportation Management System (TMS) Market Overview:
The competitive landscape of the Transportation Management System (TMS) market includes market information. The contents include a corporate description, financials, revenue generated, market potential, investment in research and development, new market initiatives, geographical presence, organization strengths and weaknesses, product introduction, and application dominance. The above data points are mainly relevant to the businesses' concentration on the Transportation Management System (TMS) market.
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Anticipated Revenue Growth:
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:
This Transportation Management System (TMS) market report discusses the latest developments, import restrictions, import-export analysis, production analysis, value chain optimization, market share, the influence of domestic and localized market players, opportunities for emerging revenue sources, changes in market rules and regs, corporate strategy market growth analysis, market shares, segmented market growth, application niches and dominance, product approvals, product launches, and geographic expansion.
Transportation Management System (TMS) 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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Key Companies: The following are the key players of the Transportation Management System (TMS) market-
• 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
• CTSI-Global
Regional Analysis:
The geographical section of the research also includes individual market influencing factors and changes in market regulations that affect current and future market trends. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are only a few of the indicators used to forecast market scenarios for various countries.
COVID-19 Impact Analysis on Transportation Management System (TMS) Market:
The research also discusses the impact of COVID-19 on the Transportation Management System (TMS) market. The basic purpose of this study is to help the user understand the market in terms of definition, segmentation, market potential, noteworthy trends, and the issues that the industry is facing across key regions. The study provides micro and macroeconomic analysis of the total impact of COVID-19 on the Transportation Management System (TMS) Market. The specific analysis focuses on market share and size, which demonstrates the influence that the pandemic has had and will have on the worldwide Transportation Management System (TMS) Market in the next years.
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Key Questions Answered in the Transportation Management System (TMS) Market Report are:
- What will be the Transportation Management System (TMS) market's CAGR throughout the projected period (2022-2029)?
- Which market category emerged as the market leader in Transportation Management System (TMS)?
- Who are the key players in the Transportation Management System (TMS) market?
- What important trends in the Transportation Management System (TMS) industry are anticipated to develop throughout the forecast period?
- How big will the Transportation Management System (TMS) market be in 2029?
- In 2021, which business had the highest proportion of the Transportation Management System (TMS) market?
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