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Transportation Management System Market Set for Rapid Growth Of USD 28.0 billion

TMS solutions in eCommerce allow shippers to leverage all modes of transportation, critical during peak shipping times and through the ongoing capacity crunch. TMS helps in reducing shipping costs. As eCommerce affects ~96% of all shippers, there is a demand for leveraging the benefits of eCommerce and TMS connectivity to create a single effective logistics strategy during the demand for TMS.<br><br>read more:u00a0https://cutt.ly/PVC8P2I

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Transportation Management System Market Set for Rapid Growth Of USD 28.0 billion

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  1. Downloaded from: justpaste.it/758lm Transportation Management System Market To Achieve A High CAGR Of 19.1% During Forecast Period -2027 Transportation Management System Market According to a research report "Transportation Management System Market by Component (Solutions, Services), Transportation Mode (Roadways, Railways, Airways), Deployment Type (On-premises, Cloud), Organization Size, Vertical, End User (Shippers, 3PL) & Region - Global Forecast to 2027" published by MarketsandMarkets, the global transportation management system market size is expected to grow from USD 11.7 billion in 2022 to USD 28.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period. Browse 407 market data Tables and 46 Figures spread through 317 Pages and in-depth TOC on "Transportation Management System Market by Component (Solutions, Services), Transportation Mode (Roadways, Railways, Airways), Deployment Type (On- premises, Cloud), Organization Size, Vertical, End User (Shippers, 3PL) & Region - Global Forecast to 2027" Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=232446179 By components the services segment to have the highest growth rate during the forecast period The services segment is expected to have a higher growth rate during the forecast period. The transportation management system market, by service, is segmented into consulting, implementation and integration, and support and maintenance services. The services segment is expected to witness fast growth in the future. The need to ensure the successful deployment of TMS systems without hampering ongoing critical business processes and achieve optimized performance with increased efficiency will drive the services segment. By transportation mode, the roadways segment to have the highest market share during the forecast period The roadways segment is expected to have the highest market share during the forecast period. The TMS market is segmented based on transportation mode into four categories: roadways, railways, airways and maritime. The significant growth in the volume of on-road commercial transportation across the world will drive the market. Also, the emergence of autonomous and connected vehicles will further increase in the demand for TMS in the roadway’s transportation mode North America region to account for highest market share in transportation management system market North America is one of the prominent regions the transportation management system market. The region has witnessed the earliest adoption of cloud computing and mobile technologies

  2. and has been significantly responsive in adopting TMS solutions and services. Also the regions governments and laws support technological advancements. For instance The U.S. Department of Transportation (DOT) has taken initiatives to advance the adoption and use of emerging practices and technologies for transportation. The presence of prominent TMS vendors in North America will drive the markets growth Key and innovative vendors in the transportation management system market are Oracle (US), SAP ( Germany), Manhattan Associates (US), C.H. Robinson (US), E2open (US), Trimble (US), WiseTech Global (Australia), Descartes Systems Group (Canada), MercuryGate International (US), Blue Yonder (US), Transplace (US), Alpega Group (Belgium), Worldwide Express (US), Infor (US), Generix Group (France), 3Gtms (US), Shipwell (US), 3T Logistics & Technology Group (UK), Ratelinx (US), oTMS ( China), nShift (UK), BlueRock Logistics (Netherlands), Elemica (US), TESISQUARE (Italy), DDS Logistics ( France), Supplystack (Belgium), vTradEx (China), Shiptify ( France), GlobalTranz (US), InMotion Global (US), MP Objects (US), Logistically (US), One Network Enterprises (US), Envase Technologies (US), IntelliTrans (US), Allotrac (Australia), Revenova (US), Princeton TMX (US), CTSI Global (US) and Ultraship TMS (US) About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model —GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC.

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