The global transportation management system market is expected to grow from USD 74,272.57 million 2017 to USD 292,921.57 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 21.66%.
"Digital revolution in automotive and transportation industry
is one of the factors largely attributing to the growth of transportation management system market globally"
The factors attributing to the growth of the market are digital revolution in automotive and transportation industry, need to improve transport roi, visibility, and control, integration of transpiration systems with google map, increasing focus on sme business, and booming online trade and e-commerce industry. However, some factors such as complex installation and integration, and insufficient infrastructure investments may hinder the market growth. The global transportation management system market is expected to showcase the opportunities such as iot and big data integration, increasing demand for managed service providers, and investment from large retailers. In the near future, the market may face the possible challenges in the growth due to privacy and security concerns, and regional trade and tariff barriers. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global transportation management system market market.
On the basis of component, the global transportation management system market is studied across Hardware, Services, and Solution.
On the basis of deployment, the global transportation management system market is studied across On-Cloud and On-Premises.
On the basis of application, the global transportation management system market is studied across Consumer Goods & Retail, Fire Station, Hospitals & Care Providers, Parcel & Package, and Travel & Hospitality.
On the basis of geography, the global transportation management system market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
"BluJay Solutions: The potential growing player for the global transportation management system market"
The key players profiled in the global transportation management system market are BluJay Solutions, Blujay Solutions, CTSI-Global, Descartes, Efkon AG, Inet-Logistics GmbH, JDA Software, Inc., Manhattan Associates, Mercurygate International, Inc., Metro Infrasys Private Limited, Oracle Corporation, SAP SE, TMW Systems, Inc., Transport Pro, and ePROMIS Solutions..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global transportation management system market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global transportation management system market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global transportation management system market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global transportation management system market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global transportation management system market.