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Transportation Management Systems (TMS) Market By Deployment (On-Premise, On-Demand), By End-Use (Food And Beverage, Retail, Electronics/Hi-Tech, Automotive, Manufacturing, Transportation And Logistics) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Transportation Management Systems (TMS) Market

Report Scope

This report analyzes the global transportation management systems (TMS) market in terms of deployment, end-use application, and geography. Based on the deployment method, the global transportation management systems market is segregated into on-premise, on-demand, or cloud-based. Similarly, based on end-use application, the market for transportation management systems is further classified into food and beverage, retail, electronics/high-tech, automotive, manufacturing, transportation and logistics, and others (pharmaceuticals, chemicals, etc.). Finally, the global transportation management systems market’s geographical distribution in this study encompasses regional markets such as North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

Overview

The growing popularity of SaaS-based solutions offering superior benefits in terms of cost, visibility, and maintenance is the major factor driving the market growth. The emergence of these cloud-based solutions is also expected to trigger the replacement of aging conventional TMS solutions. In addition, the growing preference for multi-channel distribution and demand for greater visibility in the supply chain among shippers is expected to positively impact the market growth. These factors are expected to contribute to a 9.8% CAGR during 2015 – 2022.

1.1 Report Description

Purpose of the Report

The purpose of this strategic research study titled “Transportation Management Systems Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to offer industry investors, company executives, and industry participants in-depth insights to enable them to make informed strategic decisions related to the opportunities in the transportation management systems market.

1.1.1 Target Audience

  • Industry Investors
  • Transportation Management System Solution Providers
  • Supply Chain Management Solution Providers
  • End-users
  • A holistic view of the global transportation management systems market.
  • Offering market size and estimates for the period from 2015 to 2022.
  • Keeping in mind the above-mentioned factors.

Traditionally, the deployment of transportation management systems was limited to industry verticals, including food and beverage, retail, consumer goods, and hi-technology industries, since these verticals had more opportunities to earn savings in different fields. However, the recent trend shows that a wide range of manufacturers and distributors in other industry verticals are convinced about the benefits and returns achieved using transportation management system solutions. Based on end-use application, the transportation management system (TMS) market is categorized into the following segments:

  • Food and Beverage
  • Retail
  • Electronics/High-tech
  • Automotive
  • Manufacturing
  • Transportation and Logistics
  • Others (Pharmaceuticals, Chemicals, etc.)

The transportation and logistics segment was the largest revenue-contributing end-use application segment in the global transportation management system market in 2014. The segment accounted for 60 percent of the global transportation management system market revenue in the same year. The limited workforce of truck drivers remains a major concern for transportation and logistics service providers and their shippers. The use of transportation management system solutions allows shippers to get a clearer scenario regarding the availability of driver and carrier capacity. Thus, the transportation and logistics segment is poised to witness steady growth over 2015 – 2022. On the other hand, with the proliferation of e-commerce and a growing preference for omnichannel distribution, the demand for transportation management system solutions in retail is expected to exhibit robust growth over the forecast period.

Based on deployment type, the global transportation management systems (TMS) market is segmented into the following categories

  • On-premise Solutions
  • On-demand or Hosted Solutions

In the base year of 2014, on-premise transportation management system solutions outnumbered on-demand transportation management system solutions. Although many transportation firms favor cloud-based prototypes, the bigger and established players still rely heavily on on-premise software installations. Thus, on-premise solutions are expected to exhibit reasonable growth between 2015 and 2022. Transportation management solutions were one of the first supply chain management solutions to adopt the cloud-based model. Low upfront costs, easy maintenance, and low entry barriers have enabled cloud-based applications to grow significantly across different supply chain management platforms. In addition, benefits offered in terms of visibility across the supply chain fuel the demand for on-demand transportation management system solutions. Given these benefits, shippers across the globe are less interested in implementing software solutions and are more skewed towards changing their operation models to house a more sophisticated and comprehensive transportation network scenario.

Based on geography, the global transportation management systems (TMS) market is segmented into the following regions and countries.

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Australasia
  • Rest of Asia Pacific
  • Rest of the World
  • Latin America
  • Middle East
  • Africa

In 2014, North America (comprising U.S. and Canada) was the largest transportation management systems market worldwide. The region accounted for over one-third of the global market revenue in the same year. In addition, the U.S. represents the largest individual transportation management systems market worldwide. With the growing trend towards near-shoring and reshoring, the manufacturers are now relocating their manufacturing facilities back to the U.S. This has resulted in an increase in freight volumes and related inflation in the region. To address these challenges and optimally manage freight, manufacturers are increasingly deploying TMS solutions that offer better supply chain visibility. Furthermore, the prevailing trend towards omnichannel distribution, especially in e-commerce, has been instrumental in pushing shippers to streamline their transportation components, which, in turn, is stimulating the demand for transportation management systems.

 Frequently Asked Questions:

The market for Transportation Management Systems is expected to reach US$ XX Mn by 2022.

The Transportation Management Systems (TMS) Market is expected to see significant CAGR growth over the coming years, at 9.8%.

The report is forecasted from 2015-2022.

The base year of this report is 2021.

3Gtms, Inc., SAP SE, JDA Software Group, Inc., Oracle Corporation.

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Trusted By
Godaddy
Published Date:  May 2016
Category:  Technology & Media
Report ID:   57851
Report Format:   PDF
Pages:   120
Rating:    4.4 (50)
Delivery Time: 24 Hours to 48 Hours   
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