A transportation management system (TMS), a subset of supply chain management that deals with transportation operations, may be included in an enterprise resource planning (ERP) system. TWMS is an addition to the standard TMS (Transportation and Warehouse Management System). TWMS assists supply chain managers in the day-to-day administration of their company by organizing, directing, planning, shift and staff scheduling, inventory management, order receipt, order processing, picking, and shipping. By merging all of the capabilities of a traditional transportation management system (TMS) and a warehouse management system (WMS) into a single code set, it eliminates the need for integrations.
Transportation Management System Market Overview:
The Market Research Report has thoroughly examined the current definitions, classifications, applications, and the overall industrial chain structure. This analysis incorporates objective professional assessments of the present market status, historical market performance, production and consumption rates, demand and supply dynamics, and projected revenue generation. Furthermore, the study of the Transportation Management System Market also encompasses insights into the strategic objectives and growth plans of major companies operating within the Transportation Management System industry. This encompasses activities such as mergers and acquisitions, government and corporate transactions, collaborations, partnerships, joint ventures, brand management, marketing initiatives, and product launches. In summary, this research provides a comprehensive overview of the Transportation Management System sector within both global and regional markets.
Transportation Management System Market Size was valued at US$ 11.70 Bn. in 2022 and the total Transportation Management System revenue is expected to grow at 17.6% from 2023 to 2029, reaching nearly US$ 36.39 Bn.
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COVID-19 Impact on Transportation Management System market:
The COVID-19 pandemic has had a significant impact on the Transportation Management System industry. Production facilities have been halted due to the global economic downturn and a lack of personnel. The COVID-19 epidemic has caused a significant and prolonged fall in production utilization, while travel prohibitions and facility closures have kept employees away from their facilities, causing the Transportation Management System market to decelerate in 2020. The negative impact of COVID-19 on the Transportation Management System market, on the other hand, is likely to be brief, with the industry rebounding fast by early 2021 due to strong demand for Transportation Management System.
Transportation Management System Market Drivers:
A increasing number of businesses prefer to buy off-the-shelf solutions to serve their transportation needs, while others use a TMS to totally outsource the work and allow a vendor or third-party provider to host the required services. According to one survey, on-demand TMS is growing more popular due to cost concerns and the lengthy development time necessary for hosted systems. On-demand solutions are also more cost-effective for small and medium-sized businesses, however enterprises of all sizes in the sample reported using externally-hosted systems.
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Transportation Management System Market Segmentation:
by Component
• Solution
• Services
by Transportation Mode
• Roadways
• Railways
• Airways
• Maritime
by Organization Size
• Large Enterprises
• SMEs
by Vertical
• Retail
• Healthcare and Pharmaceutical
• Manufacturing
• Transportation and Logistics
• Energy and Utilities
• Government
• Others
by Deployment Mode
• On-premises
• Cloud
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Key Players:
The research provides an in-depth evaluation of the Transportation Management System market and its presence in various sectors and regions. The research analyst seeks to unearth latent development potential that enterprises in various locations of the world can leverage by doing a complete geographical assessment of the sector. Global Transportation Management System Market research provides exact information that enables market participants to compete successfully in terms of growth, sales, and other vital criteria with their most important competitors. In the research analysis, significant market components such as market drivers and obstacles are distinguished from vital development prospects and industry trends.
•Oracle(US)
• Elemica(US)
• 3Gtms(US)
• Shipwell(US)
• Group(US)
• MercuryGate International(US)
• Blue Yonder(US)
• Ratelinx(US)
• oTMS(US)
• Worldwide Express(US)
• Infor(US)
• Transplace(US)
•Manhattan Associatess(US)
• C.H. Robinson(US)
• E2open Trimble(US)
• WiseTech Global (Australia)
• Descartes Systems (Canada)
• Alpega Group( Belgium)
• Generix Group(France)
• 3T Logistics & Technology Group(UK)
• nShift(Finland)
• BlueRock Logistics(Netherlands)
• TESISQUARE(Italy)
• SAP (Germany)
• DDS Logistics(India)
Regional Analysis:
The analysis also contains important market influencing components and regulatory developments that have an impact on market present and future trends. Some of the important components utilized to examine the market scenario for different areas include new sales, replacement sales, national demography, regulatory activities, and import-export tariffs. Furthermore, while offering forecast analysis of national data, the existence and availability of global brands, as well as the challenges they confront owing to strong or weak competition from local and domestic brands, as well as the impact of sales channels, are analyzed.
Key Questions Answered in the Transportation Management System Market Report are:
- What is Transportation Management System ?
- What is the expected CAGR of the Transportation Management System market during the forecast period?
- Which region held the largest Transportation Management System market share in 2022?
- What are the major drivers of the Transportation Management System Market?
- What are the Transportation Management System Market segments?
- What factors are expected to challenge the market growth during the forecast period?
Key Offerings:
- A detailed market overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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