NEW YORK, Oct. 20, 2023 /PRNewswire/ -- The global transportation management systems (TMS) market size is estimated to increase by USD 3,704.52 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 11.24% during the forecast period. The global transportation management systems (TMS) market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer transportation management systems (TMS) in the market are 3M Co., 3T Logistics Ltd., Alpega SA NV, C H Robinson Worldwide Inc., Continental Traffic Service Inc., Descartes Systems Group Inc., E2open Parent Holdings Inc., GlobalTranz Enterprises LLC, Koch Industries Inc., Manhattan Associates Inc., MercuryGate International Inc., Next Generation Logistics Inc., Omnitracs LLC, One Network Enterprises Inc., Oracle Corp., Panasonic Holdings Corp., QAD Inc., SAP SE, Trimble Inc., and Uber Technologies Inc. and others. Discover some insights on market size historic period (2017 to 2021) and Forecast 2023-2027 before buying the full report -Request a sample report
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Vendor Offerings -
- 3M Co. - The company offers transportation management system solutions through its subsidiary HighJump Software.
- Continental Traffic Service Inc. - The company offers transportation management system solutions namely Honeybee TMS.
- Descartes Systems Group Inc. - The company offers transportation management system solutions such as Contract Management, Load Planning and Optimization, Transportation Execution, Freight Audit.
- For details on the vendor and their offerings – Request a sample report
Transportation Management Systems (TMS) Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on solution (on-premise and cloud-based), mode of transportation (roadways, railways, and airways), and geography (North America, Europe, APAC, Middle East and Africa, and South America).
- The market share growth by the on-premise segment will be significant for overall market growth during the forecast period. These solutions are more secure than cloud-based solutions and the market is dominated by large organizations. Such organizations are more interested in system functionality than cost-effectiveness and primarily deal with critical data. Hence, such factors drive segment growth during the forecast period.
Geography Overview
By geography, the global transportation management systems (TMS) market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global transportation management systems (TMS) market.
- North America is estimated to account for 37% of the global market growth during the forecast period. The region is a pioneer in cross-industry adoption of cloud technology and is an attractive market for transportation management systems. The region has some of the most advanced economies in the world, resulting in the generation and use of important data. The regional market is expected to grow rapidly due to the wide acceptance of transportation management systems in the manufacturing and pharmaceutical industries. Hence, such factors drive regional market growth during the forecast period.
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Transportation Management Systems (TMS) Market – Market Dynamics
Driver
The increasing number of smart-connected devices notably drives the transportation management systems market growth. Since the number of devices grows, it becomes more difficult to manage, monitor, and maintain data within an organization. Thus, the demand for M2M and M2H communications will increase as it helps end-users simplify the management, monitoring, and maintenance of connected devices. Hence, such factors are expected to drive the growth of the market during the forecast period.
Key Trends -
- The emergence of the meta-intelligence concept in TMS is an emerging trend influencing the TMS Market growth.
- Transportation and logistics providers will be able to understand the environmental and financial costs of each process, maximize facility utilization as well as predict capacity constraints by controlling entry and exit dates.
- Additionally, major vendors plan to integrate meta-intelligence concepts into their TMS to improve business efficiency and business intelligence.
- Hence, such trends boost the market growth during the forecast period.
Major challenges -
- Data privacy concerns are challenges hindering the TMS market growth.
- The growing connectivity and data sharing are increasing cybersecurity issues and data breaches and have traditionally focused on a limited number of connected devices.
- However, the TMS revolution will bring the physical and virtual worlds together on a massive scale. Furthermore, the potential economic damage from industrial cyberattacks is significant compared to personal data breaches.
- Thus, cyberattacks can compromise data from sensors and devices in industrial environments.
- Hence, such challenges impede the market growth of TMS during the forecast period.
What are the key data covered in this Transportation Management Systems (TMS) Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Transportation Management Systems (TMS) market between 2023 and 2027
- Precise estimation of the size of the Transportation Management Systems (TMS) market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the Transportation Management Systems (TMS) market across North America, Europe, APAC, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Transportation Management Systems (TMS) market vendors
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Transportation Management Systems (TMS) Market Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11.24% |
Market growth 2023-2027 |
USD 3,704.52 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
10.25 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 37% |
Key countries |
US, China, Japan, Germany, and UK, Canada, Mexico, Italy, Spain, India, Japan, Australia, and South Korea |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
3M Co., 3T Logistics Ltd., Alpega SA NV, C H Robinson Worldwide Inc., Continental Traffic Service Inc., Descartes Systems Group Inc., E2open Parent Holdings Inc., GlobalTranz Enterprises LLC, Koch Industries Inc., Manhattan Associates Inc., MercuryGate International Inc., Next Generation Logistics Inc., Omnitracs LLC, One Network Enterprises Inc., Oracle Corp., Panasonic Holdings Corp., QAD Inc., SAP SE, Trimble Inc., and Uber Technologies Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Solution
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Mode of Transportation
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (USD million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (USD million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global transportation management systems (TMS) market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global transportation management systems (tms) market 2017 - 2021 (USD million)
- 4.2 Solution Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Solution Segment 2017 - 2021 (USD million)
- 4.3 Mode of Transportation Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Mode of Transportation Segment 2017 - 2021 (USD million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (USD million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (USD million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Solution
- 6.1 Market segments
- Exhibit 30: Chart on Solution - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Solution - Market share 2022-2027 (%)
- 6.2 Comparison by Solution
- Exhibit 32: Chart on Comparison by Solution
- Exhibit 33: Data Table on Comparison by Solution
- 6.3 On-premise - Market size and forecast 2022-2027
- Exhibit 34: Chart on On-premise - Market size and forecast 2022-2027 (USD million)
- Exhibit 35: Data Table on On-premise - Market size and forecast 2022-2027 (USD million)
- Exhibit 36: Chart on On-premise - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on On-premise - Year-over-year growth 2022-2027 (%)
- 6.4 Cloud-based - Market size and forecast 2022-2027
- Exhibit 38: Chart on Cloud-based - Market size and forecast 2022-2027 (USD million)
- Exhibit 39: Data Table on Cloud-based - Market size and forecast 2022-2027 (USD million)
- Exhibit 40: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Solution
- Exhibit 42: Market opportunity by Solution (USD million)
- Exhibit 43: Data Table on Market opportunity by Solution (USD million)
7 Market Segmentation by Mode of Transportation
- 7.1 Market segments
- Exhibit 44: Chart on Mode of Transportation - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Mode of Transportation - Market share 2022-2027 (%)
- 7.2 Comparison by Mode of Transportation
- Exhibit 46: Chart on Comparison by Mode of Transportation
- Exhibit 47: Data Table on Comparison by Mode of Transportation
- 7.3 Roadways - Market size and forecast 2022-2027
- Exhibit 48: Chart on Roadways - Market size and forecast 2022-2027 (USD million)
- Exhibit 49: Data Table on Roadways - Market size and forecast 2022-2027 (USD million)
- Exhibit 50: Chart on Roadways - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Roadways - Year-over-year growth 2022-2027 (%)
- 7.4 Airways - Market size and forecast 2022-2027
- Exhibit 52: Chart on Airways - Market size and forecast 2022-2027 (USD million)
- Exhibit 53: Data Table on Airways - Market size and forecast 2022-2027 (USD million)
- Exhibit 54: Chart on Airways - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Airways - Year-over-year growth 2022-2027 (%)
- 7.5 Railways - Market size and forecast 2022-2027
- Exhibit 56: Chart on Railways - Market size and forecast 2022-2027 (USD million)
- Exhibit 57: Data Table on Railways - Market size and forecast 2022-2027 (USD million)
- Exhibit 58: Chart on Railways - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Railways - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Mode of Transportation
- Exhibit 60: Market opportunity by Mode of Transportation (USD million)
- Exhibit 61: Data Table on Market opportunity by Mode of Transportation (USD million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 (USD million)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 (USD million)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 (USD million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 (USD million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 (USD million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 (USD million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 (USD million)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 (USD million)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 (USD million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 (USD million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 (USD million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 (USD million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 (USD million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 (USD million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 UK - Market size and forecast 2022-2027
- Exhibit 99: Chart on UK - Market size and forecast 2022-2027 (USD million)
- Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 (USD million)
- Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.12 Japan - Market size and forecast 2022-2027
- Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 (USD million)
- Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 (USD million)
- Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography (USD million)
- Exhibit 108: Data Tables on Market opportunity by geography (USD million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 3M Co.
- Exhibit 115: 3M Co. - Overview
- Exhibit 116: 3M Co. - Business segments
- Exhibit 117: 3M Co. - Key news
- Exhibit 118: 3M Co. - Key offerings
- Exhibit 119: 3M Co. - Segment focus
- 12.4 Alpega SA NV
- Exhibit 120: Alpega SA NV - Overview
- Exhibit 121: Alpega SA NV - Product / Service
- Exhibit 122: Alpega SA NV - Key offerings
- 12.5 C H Robinson Worldwide Inc.
- Exhibit 123: C H Robinson Worldwide Inc. - Overview
- Exhibit 124: C H Robinson Worldwide Inc. - Business segments
- Exhibit 125: C H Robinson Worldwide Inc. - Key news
- Exhibit 126: C H Robinson Worldwide Inc. - Key offerings
- Exhibit 127: C H Robinson Worldwide Inc. - Segment focus
- 12.6 Continental Traffic Service Inc.
- Exhibit 128: Continental Traffic Service Inc. - Overview
- Exhibit 129: Continental Traffic Service Inc. - Product / Service
- Exhibit 130: Continental Traffic Service Inc. - Key offerings
- 12.7 Descartes Systems Group Inc.
- Exhibit 131: Descartes Systems Group Inc. - Overview
- Exhibit 132: Descartes Systems Group Inc. - Product / Service
- Exhibit 133: Descartes Systems Group Inc. - Key offerings
- 12.8 E2open Parent Holdings Inc.
- Exhibit 134: E2open Parent Holdings Inc. - Overview
- Exhibit 135: E2open Parent Holdings Inc. - Product / Service
- Exhibit 136: E2open Parent Holdings Inc. - Key offerings
- 12.9 GlobalTranz Enterprises LLC
- Exhibit 137: GlobalTranz Enterprises LLC - Overview
- Exhibit 138: GlobalTranz Enterprises LLC - Product / Service
- Exhibit 139: GlobalTranz Enterprises LLC - Key offerings
- 12.10 Koch Industries Inc.
- Exhibit 140: Koch Industries Inc. - Overview
- Exhibit 141: Koch Industries Inc. - Product / Service
- Exhibit 142: Koch Industries Inc. - Key news
- Exhibit 143: Koch Industries Inc. - Key offerings
- 12.11 Manhattan Associates Inc.
- Exhibit 144: Manhattan Associates Inc. - Overview
- Exhibit 145: Manhattan Associates Inc. - Business segments
- Exhibit 146: Manhattan Associates Inc. - Key news
- Exhibit 147: Manhattan Associates Inc. - Key offerings
- Exhibit 148: Manhattan Associates Inc. - Segment focus
- 12.12 Omnitracs LLC
- Exhibit 149: Omnitracs LLC - Overview
- Exhibit 150: Omnitracs LLC - Product / Service
- Exhibit 151: Omnitracs LLC - Key offerings
- 12.13 Oracle Corp.
- Exhibit 152: Oracle Corp. - Overview
- Exhibit 153: Oracle Corp. - Business segments
- Exhibit 154: Oracle Corp. - Key news
- Exhibit 155: Oracle Corp. - Key offerings
- Exhibit 156: Oracle Corp. - Segment focus
- 12.14 Panasonic Holdings Corp.
- Exhibit 157: Panasonic Holdings Corp. - Overview
- Exhibit 158: Panasonic Holdings Corp. - Business segments
- Exhibit 159: Panasonic Holdings Corp. - Key news
- Exhibit 160: Panasonic Holdings Corp. - Key offerings
- Exhibit 161: Panasonic Holdings Corp. - Segment focus
- 12.15 SAP SE
- Exhibit 162: SAP SE - Overview
- Exhibit 163: SAP SE - Business segments
- Exhibit 164: SAP SE - Key news
- Exhibit 165: SAP SE - Key offerings
- Exhibit 166: SAP SE - Segment focus
- 12.16 Trimble Inc.
- Exhibit 167: Trimble Inc. - Overview
- Exhibit 168: Trimble Inc. - Business segments
- Exhibit 169: Trimble Inc. - Key offerings
- Exhibit 170: Trimble Inc. - Segment focus
- 12.17 Uber Technologies Inc.
- Exhibit 171: Uber Technologies Inc. - Overview
- Exhibit 172: Uber Technologies Inc. - Business segments
- Exhibit 173: Uber Technologies Inc. - Key offerings
- Exhibit 174: Uber Technologies Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 175: Inclusions checklist
- Exhibit 176: Exclusions checklist
- 13.3 Currency conversion rates for USUSD
- Exhibit 177: Currency conversion rates for USUSD
- 13.4 Research methodology
- Exhibit 178: Research methodology
- Exhibit 179: Validation techniques employed for market sizing
- Exhibit 180: Information sources
- 13.5 List of abbreviations
- Exhibit 181: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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