Technology News, Search Engine

Technology News & Search Engine

Technology News and Search Engine - Computers and Software,
Internet, Personal and Enterprise Technogy News. Website Builder.
Press release distribution service
Home | Technology News Search Engine:                                     

Home: Technology News:

Transportation Management System Market is estimated to reach US$ 3,262.3 Mn by 2025 from US$ 1,920.6 Mn in 2017

(EMAILWIRE.COM, February 12, 2019 ) A substantial increase in the deployment of TMS globally to manage and control overall fleet operations

Latest market study on "Transportation Management System Market to 2025 by Component (Software and Solution & Service); Function (Large Enterprises and SMEs); Deployment Type (On-Premise and Cloud); and Industry Vertical (E-commerce, Healthcare, Retail, Industrial, Food & Beverage, Chemicals, and Automotive) - Global Analysis and Forecast", the transportation management system market is estimated to reach US$ 3,262.3 Mn by 2025 from US$ 1,920.6 Mn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

The transportation management system experiencing a steady growth with regards to the research and development activities, product innovations, investments, and technological integrations, and deployment in the current scenario and is anticipated to rise exponentially in the coming years. The market for transportation management system consists of some well-established players across the globe that cater highly advanced TMS solutions to the supply chain service providers. The solutions deployed for transportation management systems have graduated from being highly expensive to inexpensive solutions over the years.

Get Sample Copy of this Report at http://bit.ly/2URhuPV

On-premise solutions was the preferred deployment option for a TMS tool to be integrated at the service providers’ premises. However, with changing dynamics, and increasing demands for low-cost TMS tools, cloud deployment model is witnessing popularity among the users. A supply chain consists of numerous components and these components are broken down in different applications such as TMS and Warehouse Management System (WMS). These support systems are also advancing at a break-neck speed. In the recent few years TMS tools were successful in making giant strides on the end-to-end supply chain visibility.

Also, the vendors for TMS software and solutions have been integrating more capabilities into the TMS solution for further optimization of capabilities into the solutions. Such integrations have led to customers streamlining their supply chains thereby making supply chain management more cost & time efficient for them. As per the recent trends, a large number of Enterprise Resource Planning (ERP) vendors have been observed to venture into the TMS provisioning. Also, enhanced focus was laid on transportation execution management for the shippers to find new ways for tendering and executing the freight loads in the most optimized as well as efficient manner as possible.

Further, with declining costs of the TMS software as a result of increasing demands, a rapid rate of adoptions by the SMEs for the TMS tools were observed and are further anticipated to increase. Historically, the TMS tools were adopted only by the larger enterprises owing to the significant costs of owning the software. Also, a paradigm shift in the deployment model of the TMS tools is anticipated to be observed during the forecast period with cloud model taking the majority of share by the end of 2025, whereas a sharp decline in the on-premise deployment model for TMS to be observed in the coming years. The advanced countries of the world from North America and Europe are observed to be the pioneers in the installations of transportation management system whereas the market is gathering pace in the developing countries of Asia.

The global market for TMS is segmented on various parameters such as component, function, deployment type, industry verticals, and geography. Based on component, software segment dominate the TMS market heavily and is expected to continue its dominance throughout the forecast period from 2018 – 2025. On the basis of function, large enterprises segment is expected to witness a significant growth rate in the coming years, however, small enterprises is projected to be the fastest growing segment. Transportation management system market operates in an extremely fragmented industry with huge number of smaller players capturing the market. Key players operating in the market are introducing attractive services and solution which is helping the companies to gain customer traction.

Inquire about this Report at http://bit.ly/2MYUn3b

The major companies offering transportation management systems to different industries include Kuebix, The Descartes Systems Group Inc., JDA Software Group, Inc., 3Gtms, Inc., Manhattan Associates, C.H. Robinson Worldwide, Inc., BluJay Solutions Ltd., MercuryGate International Inc., SAP SE, and Oracle Corporation among others. Several other companies are also offering these services to different industries which is facilitating the TMS market to propel over the years.

The report segments the global TMS market as follows:

Global TMS Market – By Component

Software
Solution & Service

Global TMS Market – By Function

Large Enterprises
SMEs

Global TMS Market – By Deployment Type

On-Premise
Cloud

Global TMS Market – By Industry Vertical

E-commerce
Healthcare
Retail
Industrial
Food & Beverage
Chemicals
Automotive
Others

Direct Purchase a Copy of this study at http://bit.ly/2E664Cy

Global TMS Market – By Geography

North America
U.S.
Canada
Mexico

Europe
France
Germany
Italy
Spain
UK
Rest of Europe

Asia Pacific (APAC)
Australia
China
India
Japan
Rest of Asia-Pacific

Middle East & Africa (MEA)
South Africa
Saudi Arabia
UAE
Rest of MEA

South America (SAM)
Brazil
Rest of MEA

The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com

Source: EmailWire.com


Sponsored Links

EmailWire Business Directory
EmailWire Business Directory about Legal, Stocks, Investment, Markets, Stocks


Submit website to Business Directory

Listen to GroupWeb Radio

Technology News Headlines
  • Computer Security
  • Digital Music
  • Digital Video/TV
  • Enterprise
  • Linux/Open Source
  • Microsoft
  • Mobil Phones
  • Internet
  • Personal Technology
  • Portals & Search Engines
  • RSS and Blogging
  • Software
  • Technology News
  • GroupWeb Market Place
    Website Builder - Blog Builder
    Build your website in 5 minutes. One month free. No setup fee! Blog Included.
    WebSiteBuilder.GroupWeb.Com

    Your text Ads here!
    Ads are only $50 per month.Please contac us and state ou want to place advertisement on GroupWeb.com.

    Emailwire.com/contact.php

    Technology Business Video Feed

    More Technology Video Feeds
  • Computers
  • Computers & Software
  • Home Theater
  • Personal Technology
  • TechBiz
  • TechBytes
  • Technology Publications

    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Search Engine Optimization for E-commerce Sites: The Seven Most Common Pitfalls
    Website Magazine
    Business Activity Monitoring: Smart Decisions with Real-time Visibility

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    GroupWeb.com - a Technology News and Resource of GroupWeb Media LLC