Dublin, Nov. 23, 2020 (GLOBE NEWSWIRE) -- The "Global Transportation Management Systems (TMS) Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The transportation management systems (TMS) market is poised to grow by $2049.50 million during 2020-2024 progressing at a CAGR of 8% during the forecast period. The report on the transportation management systems (TMS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of technologically advanced connected devices, shift from the CAPEX model to the OPEX model, and increasing requirement for efficient operations.
The transportation management systems (TMS) market analysis include end-user segment and geographic landscapes. This study identifies the advent of smart cities as one of the prime reasons driving the transportation management systems (TMS) market growth during the next few years. Also, increasing use of vehicular communication systems, and emergence of meta-intelligence concept in transportation management systems will lead to sizable demand in the market.
The transportation management systems (TMS) market covers the following areas:
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Transportation management systems (TMS) market sizing
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Transportation management systems (TMS) market forecast
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Transportation management systems (TMS) market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading transportation management systems (TMS) market vendors that include American Software Inc., Blue Yonder Group Inc., BluJay Solutions Inc., Continental Traffic Service Inc., Infor Inc., Manhattan Associates Inc., Oracle Corp., SAP SE, The Descartes Systems Group Inc., and Trimble Inc.. Also, the transportation management systems (TMS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Key Topics Covered:
1. Executive Summary