Global Transportation Management System Market

Transportation Management System Market Size, Share, Growth Analysis, By Deployment (On-premises, Cloud), By Solution (Freight & Order Management, Reporting & Analytics), By Mode of Transportation (Roadways, Airways), By Region -Industry Forecast 2025-2032

Report ID: SQMIG45E2292 | Region: Global | Published Date: January, 2025
Pages: 196 | Tables: 122 | Figures: 71

Transportation Management System Market News

  • In November 2024, HostBooks, a renowned enterprise management solutions provider launched a new transportation management system for the Indian market. TMS360 is designed to streamline workflows and act as a one-stop solution for all challenges faced by the transportation industry in India.
  • In September 2024, Rose Rocket, a leading Canada-based transportation software company announced the launch of a new transportation management system for Australia and New Zealand markets. The new solution was offered through a strategic partnership with CartonCloud as Rose Rocket expands its business scope.
  • In June 2024, Rygen Technologies, a leading software company focusing on logistics announced the launch of a new transportation management system. Corsair utilizes artificial intelligence technology and is built on a cloud-native architecture to provide flexibility and ease of use for its users.
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FAQs

Global Transportation Management System Market size was valued at USD 13.6 Billion in 2023 and is poised to grow from USD 15.97 Billion in 2024 to USD 57.62 Billion by 2032, growing at a CAGR of 17.4% during the forecast period (2025-2032).

Transportation management system companies should focus on launching new solutions to bring in more revenue. Targeting countries with increasing trade activity is expected to offer good returns for transportation management system providers in the long run. Use of advanced technologies such as artificial intelligence, big data, and analytics can also help improve the functionalities of transportation management systems. 'BluJay Solutions Ltd.', 'Cargobase', 'Cerasis Inc.', 'GoComet', '3GTMS', 'Infor Inc.', 'IBM Corporation', 'JDA Software Group Inc.', 'Manhattan Associates', 'MercuryGate International Inc.', 'Oracle Corporation', 'SAP SE', 'The Descartes System Group Inc.', 'Trimble Transportation Enterprise Solutions Inc.'

Increasing competitiveness among organizations is pushing them to prioritize the optimization of supply chains. Deployment of transportation management systems helps in optimizing transportation routes, minimizing fuel consumption, and enhancing load management. This indispensable role of transportation management systems in supply chain optimization also makes it a primary driver for market development going forward.

Use of Multi-Modal Transportation Solutions: Transportation management system companies should focus on developing multi-modal transportation solutions that integrate air, sea, rail, and road logistics to maximize their business scope going forward. Organizations are more inclined to opt for multi-modal transportation management systems to reduce the complexity of supply chains whilst improving end-to-end visibility and coordination.

North America is anticipated to account for a dominant share of the global transportation management system industry. Rapid adoption of advanced transportation technologies, high emphasis on supply chain optimization, and the presence of leading transportation management system companies are expected to bolster the dominance of this region going forward. The consumer-oriented approach of businesses in this region and efforts to enhance operational efficiency in transportation are also slated to promote the adoption of transportation management systems going forward. The United States and Canada are forecasted to emerge as the most opportune markets in the North American region in the future.

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Global Transportation Management System Market

Report ID: SQMIG45E2292

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