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Transportation Management Systems (TMS) Market Expected to Reach 4880 Million US$ by 2025

In 2017, the global Transportation Management Systems (TMS) market size was 1830 million US$ and it is expected to reach 4880 million US$ by the end of 2025, with a CAGR of 15.1% during 2018-2025.

 

City of Industry, CA -- (SBWIRE) -- 09/24/2018 -- This report focuses on the global Transportation Management Systems (TMS) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Transportation Management Systems (TMS) development in United States, Europe and China.

A transportation management system (TMS) is a subset of supply chain management concerning transportation operations and may be part of an enterprise resource planning system.

Transportation management solutions play a crucial role in handling transportation related activities, such as moving goods from the supplier to the place of production and then to the end user. There is a high demand for an efficient transportation management system to reduce the overall delivery time, owing to the increase in global trade activites. Enterprises look forward to a system that can handle all the inbound and outbound operations of supply chain management that involves transportation management, planning and decision making, transportation execution, transport follow-up, and measurement. Transportation done via roadways, railways, airways, and seaways or in a combination of one or more of these, has to be well planned, executed, and delivered.

In the past five years from 2012 to 2016, due to the intellectualization of transportation management systems, global TMS industry developed fast with near 13% growth rate. The major growth factors that drive the implementation of transportation management systems includes decreasing prices of RFID-based devices and sensors and the increased collaboration between hardware providers and content suppliers. North America is the leader in the adoption and implementation of transportation management systems followed by Europe. APAC and MEA are setting interactive technologies owing to the growing usage of cellular devices the internet.

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The key players covered in this study

JDA Software

Oracle Corporation

Manhattan Associates

Descartes

SAP SE

BluJay

TMW Systems

Omnitracs

ORTEC

HighJump

MercuryGate

One Network Enterprises

Precision Software

CargoSmart

Next Generation Logistics

Market segment by Type, the product can be split into

Railways

Roadways

Market segment by Application, split into

Logistics & Transport

Manufacturing

Commercial

Retail

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

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About QYResearch
QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.