Transportation Management System Market Forecast to 2030
Market OverviewThe digitization of the transportation sector is the main factor driving the huge rise that is anticipated for the global transportation management system market over the forecast period.
The global market for transportation management systems has been divided into four categories: geography, enterprise size, industry, and component. The global transport system management is divided into solution, hardware, and services based on component. The market is further divided into cloud and on-premises segments based on solution. The worldwide transportation management systems are divided into SME and big enterprises based on the size of the enterprise. The worldwide transportation management systems are divided into several categories based on industry, including retail, logistic providers, manufacturing, automotive, healthcare & pharmaceuticals, and others. The worldwide transportation management systems are divided into five regions based on geography: South America, North America, Europe, and Asia-Pacific.
Segment OverviewComponent, business size, and industry are the segments used to categorize the global market for transportation management systems. The global transport system management market is divided into solution, hardware, and services segments based on component. The market is further divided into two categories based on solution: cloud and on-premises. SME and big firms make up the two segments of the global market for transportation management systems. The retail, logistics provider, manufacturing, automotive, healthcare & pharmaceuticals, and others are the different industry segments of the global transportation management systems.
Regional AnalysisThe market for transportation management systems has been divided geographically into four regions: North America, Europe, the Middle East, and Africa, and South America.
The transportation management system market is projected to be dominated by North America. The athletes competing in North America are among the best athletes in the world. In 2021, Europe ranked second in terms of market size. The market in Asia-Pacific, however, is anticipated to have the greatest growth rate.
Major PlayersEFKON GmbH, Alpega Group, Körber AG (HighJump), Mercurygate, One Network Enterprises, Blue Yonder Group, Inc., TMW Systems (Trimble), Precision Software, CARGOSMART, Next Generation Logistics, The Descartes Systems Group Inc, CTSI-GLOBAL, ORTEC, E2open, and Oracle Corporation are the major market players.
COVID 19 ImpactsIn an effort to contain the corona virus outbreak when the WHO (World Health Organization) designated COVID-19 a pandemic in 2020, an increasing number of nations throughout the world closed their borders and restricted travel. This hampered international trade and transportation. The logistics and transportation businesses across air, freight, and sea were impacted in numerous ways as the outbreak created interruptions in supply chain operations. During this corona virus epidemic, the focus of organizational pressure has moved from moving population to maintaining a core transportation infrastructure with a minimal workforce so that freight and vital personnel may continue to travel.
Companies MentionedEFKON GmbH
Alpega Group
Körber AG (HighJump)
Mercurygate
One Network Enterprises
Blue Yonder Group
Inc.
TMW Systems (Trimble)
Precision Software
CARGOSMART
Next Generation Logistics
The Descartes Systems Group Inc
CTSI-GLOBAL
ORTEC
E2open
and Oracle Corporation
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