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Stratview Research has published a new report titled “Transportation Management Systems Market” which is segmented by Mode of Transportation (Roadways, Railways, Waterways, Airways), by Deployment (On-Premise, Cloud), by End-Use (Retail& E-commerce, Manufacturing, Logistics, Government organizations, Others) and Region. As per the study, the market was projected to grow from USD 9.8 billion in 2021 to USD 25.6 billion by 2028 at a CAGR of over 14.8% during the forecast period.
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Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the mode of transportation type- The market has been classified into roadways, railways, waterways, airways. Under these, the roadways segment held a >40% market share in 2021 and is projected to grow at a robust CAGR in the coming years.
Based on the development type - The transportation management systems market has been classified into on-premise and cloud. Under these, the on-premise segment held a significant market share in 2020. Many large manufacturing & distribution enterprises still opt for on-premise TMS due to the data safety requirements, improved control over customization, and convenient access to the server, thereby augments the segment growth in the coming years.
Based on the end-use type - The market has been classified into Retail& E-commerce, Manufacturing, Logistics, Government organizations, Others. Under these, the Manufacturing segment held a market share of >35% in 2021 and is projected to grow at a robust CAGR in the coming years.
Which Region is expected to remain the largest market?
The North America market held a significant market share >30% in 2021 and is projected to grow at a robust CAGR in the coming years. Increasing technology developments, strong e-commerce market in the region, as well as presence of large number of industry players, further boosts the regional market growth in the following years.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Transportation Management Systems Market:
- 3Gtms Inc. (Sumeru Equity Partners) (US),
- CargoSmart Ltd (China),
- Descartes Systems Group, Inc. (Canada),
- Manhattan Associates, Inc. (US),
- JDA Software Group, Inc (US),
- Oracle Corporation (US),
- SAP SE (Germany),
- Precision Software, Inc. (QAD Inc.) (US),
- MercuryGate International, Inc (Summit Partners) (US),
- Trimble (US)
Key questions answered by the report
- What is the projected CAGR for revenue from the transportation management systems market during the forecast period?
- What would be the market be valued at by 2027?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the transportation management systems market?
- Which are the major market players?
Custom Research:
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About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
Article source: https://article-realm.com/article/Health-Fitness/29180-Transportation-Management-Systems-to-Witness-Impressive-Growth-During-2022-2028.html
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