The Transportation Management Systems Market is expected to
Raipur, Sept. 12, 2022 (GLOBE NEWSWIRE) — Stratview Research, a leader market research firm launched a report on Transportation management systems Market which provides in-depth analysis of market dynamics, current and emerging trends, industry forecasts and competitive landscape.
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How is the report useful?
The report has great utility for key decision makers and strategists in terms of accurate market insights, future growth opportunities, and key success factors.
Most importantly, the report analyzes the possible impact of COVID-19 on the market dynamics, which provides cushion against the uncertain business environment and helps streamline resources and investment decisions fruitfully.
What are the main market drivers?
According to the report, the Transportation Management Systems market is driven by a multitude of factors, some of which are given below:
- ADAS technology developments, expanding retail and e-commerce industries.
- Growing complexities of logistics and transport.
- Growing demand for a “Software as a Service (SaaS)” based system.
The report also includes growth rate estimates based on the intensity of drivers and restraints and provides users with several graphical illustrations of key information.
Transportation management systems Market segmentation :
Stratview Research has segmented the market in the following manner, which meets the market data needs of multiple stakeholders across the industry value chain.
- By mode of transport Type
- By type of deployment
- By type of end use
- By region
Transportation management systems Market overview
Market Trends by Mode of Transportation Type
The market has been categorized into roads, railways, waterways, airways. Under these, the pavement segment held >40% market share in 2021 and is expected to grow at a robust CAGR in the coming years.
Market Trends by Deployment Type
The transportation management system market has been categorized into on-premises and cloud-based. Within this framework, the on-premises segment held a large market share in 2020. Many large manufacturing and distribution companies are still opting for on-premises TMS due to data security requirements, better control of customization and convenient server access, thereby increasing the growth of the segment in the coming years.
Market trends by Type of end use
The market has been categorized into Retail & eCommerce, Manufacturing, Logistics, Government Organizations, Others. Under these, the manufacturing segment held a market share of >35% in 2021 and is expected to grow at a robust CAGR in the coming years.
Which region offers the best opportunity and growth?
The North American market held a large market share of >30% in 2021 and is expected to grow at a robust CAGR in the coming years. Increase in technological developments, strong e-commerce market in the region, as well as the presence of a large number of industry players further boost the growth of the regional market in the following years.
Impact of COVID-19 on the Transportation Management Systems Market
COVID-19 has brought an instant halt to many industries around the world. Lockdown norms in several countries quickly affected the global economy by affecting supply chain, production and market demand. The direct and indirect impacts of the pandemic have been integrated into this report.
To learn more about the impact of covid-19, get a free sample report here:
Who are the best market players?
After in-depth analysis of the market, the experts have listed down few key players and discussed the company profiles of the players below –
- 3Gtms Inc. (Sumeru Equity Partners) (USA),
- CargoSmart Ltd (China),
- Descartes Systems Group, Inc. (Canada),
- Manhattan Associates, Inc. (USA),
- JDA Software Group, Inc. (USA),
- Oracle Corporation (USA),
- SAP SE (Germany),
- Precision Software, Inc. (QAD Inc.) (USA),
- MercuryGate International, Inc (Summit Partners) (USA),
- Trimble (USA)
What deliverables will you get in this report?
- In-depth analysis of the Transportation Management Systems market
- Detailed market segmentation.
- Analysis of the competitive landscape.
- Historical, current and future market size analysis.
- Industry trends, technologies and advancements.
- Growth and operating strategies adopted by key players.
- Potential segments/regions offering promising growth.
- Geographical presence of the main players.
Related reports that might be helpful:
- automotive security systems market
- Intelligent Transportation Systems Market
About Us –
Stratview Research is a global market research company that offers reliable market reports, market entry strategies, strategic growth advice, and more. Market experts compile high-quality market information to help users gain granular level clarity on current business trends and expected future developments. Stratview Research also offers report customization. Contact the analysts to customize the given report according to your priority/requirement.
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