11 Sep AiroAV Affirm: Transportation Management Systems (TMS) Market- Roadmap for
LONDON–(BUSINESS WIRE)–Technavio has been monitoring the transportation management systems (TMS) market and it is poised to grow by USD 2.04 bn during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
What are the major trends in the market?
Advent of smart cities is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 4.77% and the incremental growth of the market is anticipated to be $ 2.04 bn.
Who are the top players in the market?
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., are some of the major market participants.
What is the key market driver?
The adoption of technologically advanced devices is one of the major factors driving the market.
How big is the North America market?
The North America region will contribute 36% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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. are some of the major market participants. The adoption of technologically advanced devices will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Transportation Management Systems (TMS) Market 2020-2024: Segmentation
Transportation Management Systems (TMS) Market is segmented as below:
- Large Enterprises
- Government Organizations
- North America
- South America
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Transportation Management Systems (TMS) Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The transportation management systems (tms) market report covers the following areas:
- Transportation Management Systems (TMS) Market Size
- Transportation Management Systems (TMS) Market Trends
- Transportation Management Systems (TMS) Market Industry Analysis
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.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Transportation Management Systems (TMS) Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist transportation management systems (TMS) market growth during the next five years
- Estimation of the transportation management systems (TMS) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the transportation management systems (TMS) market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of transportation management systems (TMS) market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Solution
- Market segments
- Comparison by Solution
- On-premise – Market size and forecast 2019-2024
- Cloud-based – Market size and forecast 2019-2024
- Market opportunity by Solution
Market Segmentation by End-user
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast…