Transportation Management System (TMS) Market Key Players, Industry Analysis, Segments, Drivers and Trends Insight On Scope and forecast 2027
Transportation Management System (TMS) Market size was valued at US$ 7.70 Bn. in 2020 and the total revenue is expected to grow at 18.24% through 2021 to 2027, reaching nearly US$ 24.88 Bn.
Transportation Management System (TMS) Market Overview:
A new research document titled, “ Transportation Management System (TMS) Market” is released by MMR. The market study is a cautious attempt of the industry with strategic steps to the targets of the business environment and the ones that are tried to have an essential impression on the progression of the Transportation Management System (TMS) market. AMA recognizes the following companies as the major players in the Transportation Management System (TMS) market which include.
In this research, we discuss all market aspects. Positive aspects, constraints, possibilities, and prolems are all discussed in depth in the paper, and all data is gathered from press releases and yearly reports. The goal of the study is to propose a patent-based strategy for finding possible technology partners as a tool for encouraging open innovation. The report's market share research and comparison of the leading players allow users to take additional steps in their organization's growth or improvement.
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Transportation Management System (TMS) Market Segmentation:
The global Transportation Management System (TMS) market is divided into Cloud and On-premises segments based on deployment mode. In 2020, the On-premises sector had the highest market share, at 57%. 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 (TMS) Market Key Players:
• 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 • Blue Yonder • GT Nexus • Transentric • Transporeon • MercuryGate • Alpega • Nulogx • Logistyx Technologies • RateLinx • Qiva • Trimble
Regional Trends:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia, South Korea )
Latin America (Brazil, Mexico, Argentina, Chile)
Middle East & Africa (South Africa, Egypt, and Saudi Arabia)
The Transportation Management System (TMS) market is very focused because of the nearness of many key organizations. The main Players are focusing on presenting new products/services and are constantly upgrading their existing offerings to keep pace with the overall industry.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Transportation Management System (TMS) market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Transportation Management System (TMS) market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally, the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting a prior appointment by targeting a key target audience that includes.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, Annual reports, press releases, etc.
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