TMS Market Revenue Trends, Company Profiles, Revenue Share Analysis, 2022–2028

Posted 2 years ago in WORLD.

TMS Market Size – USD 122.02 Billion 2020, Market Growth - CAGR of 11.24%, Market Trends –IoT along with transportation.

TMS Market Revenue Trends, Company Profiles, Revenue Share Analysis, 2022–2028

 

The growth of the market for   TMS is driven by the increasing demand of digitalization in transportation

Market Size – USD 122.02 Billion 2020, Market Growth - CAGR of 11.24%, Market Trends –IoT along with transportation.

The TMS Market is forecast to grow from USD 82.40 billion in 2020 to USD 285.47 Billion by 2028, at a CAGR of 11.24%, during the forecast period.

The TMS Market is forecast to show significant growth due to the increase in implementation of IoT and rising need for digitalization in transport systems.

TMS (TMS) is system which provide solution to help companies to perform operation more reliably, efficiently and cost effectively. It is a part of both supply chain management and resource management. In order to monitor and manage the business, Most of the enterprises use TMS software.

The major key players in the market are BluJay Solutions (Greater Manchester, UK), Oracle Corporation (California, US), CTSI-Global (Tennessee, US), Metro Infrasys Private Limited (New Delhi, India), JDA Software, Inc. (Arizona, US), MercuryGate International, Inc. (North Carolina, US), Inet-Logistics GMBH (Dornbrin, Austria), TMW Systems, Inc. (Ohio, US), SAP SE (Walldorf, Germany) and Descartes (Waterloo, Ontario)

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1389

 Further key findings from the report suggest

  • The TMS Market is forecast to grow from USD 82.40 billion in 2020 to USD 285.47 Billion by 2028, at a CAGR of 11.24 %, during the forecast period.
  • The TMS Market is forecast to show significant growth due to the increase in implementation of IoT and rising need for digitalization in transport systems.
  • Based on Management, the market can be divided as Traffic management and Operations management. The traffic management segment is estimated to grow at the highest CAGR of 11.64% during the forecast period. The various methods of traffic management segment reduce the network monitoring costs while improving the control and flexibility.
  • As Transportation means, the divisions are Roadways and Railways. The roadways segment is estimated to grow higher than the railways segment. Roadways are mostly suitable for moving small quantities of goods to widely spread markets. Roadways are most preferred modes of transportation, especially when traveling short distances. The major concern in this mode of transportation is the delay due to traffic. As major financial loss to transportation companies is because of the congestion due to the increasing number of vehicles.
  • Based on Deployment mode, it is divided as Hosted and on premise. The hosted deployment mode is estimated to dominate the market than the on-premises deployment mode as, hosted deployments are affordable in terms of installation and infrastructure costs compared to on-premises deployments. Less maintenance need and cost effectiveness are the other benefits enhance the growth of the hosted deployments segment.
  • The TMS Marketis segmented across five regions, namely, North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America. APAC is forecast to dominate themarket because of the increasing need for digitalization.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/transport-management-system-market

For the purpose of this report, the market has been segmented on the basis ofmanagement, Transportation means, deployment andregion:

Management Outlook (Revenue, USD Million; 2020-2028)

  • Traffic management
  • Operations management

Transportation means(Revenue, USD Million; 2020-2028)

  • Railways
  • Roadways

Deployment modeOutlook (Revenue, USD Million; 2020-2028)

  • Hosted
  • On-Premise

Regional Outlook (Revenue, USD Million; 2020-2028)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1389

Market Report includes major TOC points:

  • TMS market Overview
  • Global Economic Impact on Industry
  • Global Market Competition by Manufacturers
  • Global Production, Revenue (Value) by Region
  • Global Supply (Production), Consumption, Export, Import by Regions
  • Global Production, Revenue (Value), Price Trend by Type
  • Global Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • TMS market Forecast

Conclusively, all aspects of the TMS market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:

John W
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: [email protected]
Reports and Data | Web: www.reportsanddata.com
Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports
Visit our blog for more industry updates @ https://www.reportsanddata.com/blogs

Comments

Picture


EXPLORE MORE INTEREST